
Deribit moves 90% of client assets to Coinbase, drops daily proof-of-reserves check
Deribit shifted most client funds to Coinbase and ended its daily Merkle proof-of-reserves check on Sept. 1.
We use cookies for anonymous analytics and ad measurement to improve the site. Cookie policy.
Original coverage across the crypto market, updated daily.

Deribit shifted most client funds to Coinbase and ended its daily Merkle proof-of-reserves check on Sept. 1.
Treasury firm Strive added 1,110 BTC last week, cutting its average purchase price while still holding a sizable paper loss.
Stablecoin holdings on centralized exchanges fell to about $64 billion from an $80 billion peak, with Binance holding most of the liquidity.

Empery's bitcoin reserves fell 76% in weeks after offloading 1,635 BTC, with 954 BTC pledged against $35M debt.
The delay preserves the Jan. 18, 2027 effective date but compresses the implementation window for regulators and issuers.
Senator Ron Wyden urges retaining protections for blockchain software developers in the broader crypto bill.

Strategy's latest plan includes MSTR and STRC buybacks, expanded cash reserves, and potential Bitcoin sales to address 'death spiral' concerns.
Strategy, Tesla, Block and others adopt bitcoin as a hedge against inflation and dollar devaluation.
On-chain data firm CryptoQuant warned MicroStrategy to pause Bitcoin purchases, but the company had already started rebuilding its cash reserves.

AllUnity introduces SEKAU, a fully reserved stablecoin pegged to the Swedish krona, with multi-chain support and MiCA regulation.

Retailer rolled forward its Coinbase options deal in late May, keeping Bitcoin reserves tied up for cash.