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Gemini Exchange Suffers Temporary Outage, Citing ‘Site Maintenance’
1min
November 16, 2022
2 min

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要約
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本文翻訳
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引用リンク
Gemini Exchange Suffers Temporary Outage, Citing ‘Site Maintenance’

要約

Gemini shuttered access to its exchange platform Wednesday following an announcement the company was pausing its Earn product. Gemini Earn paused withdrawals Wednesday after prime broker Genesis, halted customer redemptions and new loan originations within its lending division. At the time, Gemini noted that other products and services areunaffected, stating that “Gemini is a full-reserve exchange and custodian. All customer funds held on the Gemini exchange are held 1:1 and available for withdrawal at any time.” On Wednesday, around11:30 amET, users looking to access Gemini’s exchange or sign up for an account were redirected to anerror message, stating that the platform is “undergoing maintenance.” Users said they were logged out of their accounts, people familiar with the matter toldBlockworks. The exchange’s official status page shows widespread outages as of11:55 am ET. Get the day’s top crypto news and insights delivered to your inbox every evening. Subscribe to Blockworks’ free newsletter now.


本文翻訳

Gemini shuttered access to its exchange platform Wednesday following an announcement the company was pausing its Earn product. Gemini Earn paused withdrawals Wednesday after prime broker Genesis, halted customer redemptions and new loan originations within its lending division. Gemini released a statement when it paused Gemini Earn, noting that “we are aware that Genesis Global Capital, LLC (Genesis) — the lending partner of the Earn program — has paused withdrawals and will not be able to meet customer redemptions within the service-level agreement (SLA) of 5 business days.” At the time, Gemini noted that other products and services are unaffected, stating that “Gemini is a full-reserve exchange and custodian. All customer funds held on the Gemini exchange are held 1:1 and available for withdrawal at any time.” On Wednesday, around 11:30 am ET, users looking to access Gemini’s exchange or sign up for an account were redirected to an error message, stating that the platform is “undergoing maintenance.” Users said they were logged out of their accounts, people familiar with the matter told Blockworks. The exchange’s official status page shows widespread outages as of 11:55 am ET. The exchange’s official Twitter account blames the outage on Amazon Web Services: Both web and mobile applications were down at time of publication. A representative from Gemini did not immediately respond to a request for comment. Get the day’s top crypto news and insights delivered to your inbox every evening. Subscribe to Blockworks’ free newsletter now.


引用リンク

出典:https://blockworks.co/news/gemini-exchange-down-citing-site-maintenance/


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