diff --git a/abi-versions/vNEXT/README.md b/abi-versions/vNEXT/README.md
index 272062e..b901cfd 100644
--- a/abi-versions/vNEXT/README.md
+++ b/abi-versions/vNEXT/README.md
@@ -123,26 +123,6 @@ memory.
 Returning `0` indicates failure.
 
 
-#### `malloc`
-
-* params:
-  - `i32 (size_t) memory_size`
-* returns:
-  - `i32 (uint8_t *) memory_data`
-
-> **Warning**
-> This callback has been deprecated in favor of [`proxy_on_memory_allocate`],
-> and it's called only in its absence.
-
-Called to allocate continuous memory buffer of `memory_size` using
-the in-VM memory allocator.
-
-Plugin must return `memory_data` pointing to the start of the allocated
-memory.
-
-Returning `0` indicates failure.
-
-
 ## Context lifecycle
 
 ### Callbacks exposed by the Wasm module