Scheduled maintenance keeps Gemini down for hours Scheduled maintenance keeps Gemini down for hours
The crypto exchange has extended its down period by more than 3 hours without explanation.
2 min read
Updated: Dec. 16, 2022 at 9:39 am UTC
Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.
According to its official status page, the U.S-based crypto exchange Gemini was down from 10 pm ET on Dec. 15. The Gemini website appears to be functioning as of press time. Yet, the status page still states that “some systems are currently experiencing outages.”
According to the exchange, Gemini Spaceship was to undergo scheduled maintenance from Dec. 15 into the early hours of Dec. 16. However, the crypto platform has extended this down period by more than 3 hours without further explanation.
Its status page reads:
“Gemini is investigating reports of potential service disruptions. All customer accounts and funds remain completely secure. Further updates to follow.”
On Dec. 15, the status page revealed that some users received 2-factor authentication messages even when they did not “specify non-SMS modalities.” The issue has been fixed, and the exchange is currently monitoring the situation.
The exchange had previously experienced downtime on Nov. 16 due to an Amazon Web Services EBS outage with one of its primary databases.
Meanwhile, crypto lender Genesis’ decision to pause withdrawals impacted the Winklevoss twins-led exchange. Gemini formed an ad hoc committee with other creditors to help its earn users regain their funds.
Gemini is still working on several issues as of press time. The maintenance was due to end at 5.30 am ET, yet no further update on the matter has been released. Additionally, Gemini credit card services are still disrupted, while GBP deposits and Gemini Earn have had issues since November, with the last update on Dec. 7 without resolution.
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Oluwapelumi Adejumo
Oluwapelumi values Bitcoin's potential. He imparts insights on a range of topics like DeFi, hacks, mining and culture, underlining transformative power.
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Bitcoin, a decentralized currency that defies the sway of central banks or administrators, transacts electronically, circumventing intermediaries via a peer-to-peer network.
Gemini
Gemini is a regulated digital asset exchange and custodian that allows customers to buy, sell, store, and stake digital assets in a regulated, secure, and compliant manner.
Genesis
Genesis is an institutional digital asset markets and a full-service digital currency prime brokerage providing a single point of access for select qualified individuals and global institutional investors.
Cameron Winklevoss, a renowned figure in the cryptocurrency sector, is a Harvard University graduate with a degree in Economics and holds an MBA from Oxford University.
Tyler Winklevoss, known for his pioneering role in the cryptocurrency realm, is a Harvard University alumnus with a degree in Economics and holds an MBA from Oxford University.