Users of crypto exchange Gemini temporarily lost access to their crypto assets on Wednesday. The incident took place soon after the firm announced it was temporarily stopping its Earn product, but it appears that a separate server issue was to blame. Customers were likewise forewarned by İkizler burcu earlier today that withdrawals from its Earn product would experience delays as well.
Gemini Faces Outage Across Platforms
Right after the announcement was made, users across the globe pointed out that they were logged out of their accounts, and some couldn’t access the different parts of the app. The exchange’s resmi durum sayfası showed widespread outages as of 11:55 am ET.
Call it strange timing or pure coincidence, but the outage happened right after Gemini’s tweet about disabling their Earn feature. Investors across the board panicked about Gemini winding up operations due to having exposure to both Genesis and FTX.
Daha fazla oku: Genesis, FTX Çöküşünden Sonra Müşterilerin Para Çekme İşlemlerini Askıya Aldı
However, Gemini later tweeted that, it was merely an “Amazon Web Services EBS outage”. Gemini reassured users that their funds were secure and that they could also make withdrawals as all services were back up and running. As of 12:35 pm ET, most services had been restored.
İkizler değişimi tamamen tekrar çevrimiçi; Gemini borsasında tutulan tüm müşteri fonları 1:1 tutulur ve herhangi bir zamanda çekilebilir.
- Gemini (@Gemini) Tarafindan Çekilen Trend Fotograflari Kontrol Et 16 Kasım 2022
Even though most of the outage has been fixed, Gemini Earn still remains closed for customers as of now. Earlier today, Genesis blamed “unprecedented market turmoil” for its issues.
Genesis Falters After FTX Collapse
After prime broker Genesis stopped new loan originations and customer redemptions within its lending business, Gemini Earn put a halt to withdrawals. Gemini Earn is the yield-earning product offered by the exchange for users to earn rewards on over 40 cryptocurrencies.
Gemini released a statement when it paused Gemini Earn, which stated,
"Earn programının borç veren ortağı olan Genesis Global Capital, LLC'nin (Genesis) para çekme işlemlerini duraklattığının ve 5 iş günlük hizmet düzeyi sözleşmesi (SLA) kapsamında müşteri geri ödemelerini karşılayamayacağının farkındayız."
Sunulan içerik yazarın kişisel görüşünü içerebilir ve piyasa koşullarına tabidir. Kripto para birimlerine yatırım yapmadan önce pazar araştırmanızı yapın. Yazar veya yayın, kişisel mali kaybınızdan sorumlu değildir.
Source: https://coingape.com/ftx-crisis-gemini-outage/