GEMINI EXCHANGE OUTAGE UPDATE
GEMINI EXCHANGE OUTAGE OFFLINE

With the AWS quota increased by factor 100, issues like these should not occur again. It is something that was bound to happen sooner or later. The Safest Crypto Exchanges Best Option for Crypto and Stocks: eToro Coinbase The Safest High-Volume Exchange Gemini Another Extremely Secure Exchange. Nor is there any security impact to speak of. Gemini is a digital asset exchange that facilitates trading of digital currencies including Bitcoin. No customer accounts are lost or at risk as we speak. User reports indicate no current problems at Gemini. Once the system was taken offline, both deposits and withdrawals were halted as well. Gemini Downtime can be Blamed on Exceeding AWS Limits Gemini’s matching engine component was the only affected critical part of the infrastructure. There is no reason for concern, though, as the company is not pulling an exist scam. A lot of people are panicking because of this. The cryptocurrency exchange company Gemini, owned by Cameron and Tyler.

GEMINI EXCHANGE OUTAGE OFFLINE

As a result, they took the entire system offline on August 1th and 17th. The liquidation of Bahamas-based cryptocurrency exchange FTX began in November 2022. This cascaded into pausing the core matching engine. During that downtime, all our customers' funds remained secure.

GEMINI EXCHANGE OUTAGE UPDATE

It turns out the company hit a snag with their AWS burst quota. Service Outage Update and Planned Upgrades TEAM GEMINI On Friday, December 10, we experienced a service disruption that resulted in an exchange outage for ten hours. Start monitoring today Outage Details Gemini is investigating reports of potential service disruptions. Monitor the official status pages of all your vendors, SaaS, and tools, including Gemini, and never miss an outage again.

Open an interest account with up to 8.6 APY, trade currencies, or borrow money without selling your assets. Need to monitor Gemini outages Stay on top of outages with IsDown. All customer accounts and funds remain completely secure. Gemini is investigating reports of potential service disruptions. It is good to see the Gemini team acknowledge their recent issues these past few days. Dont just buy crypto - start earning on it. Our teams have implemented a fix and normal service has been restored. Hosting a primary production environment on AWS is not the best idea in general, Especially not when hitting the burst quota limits, as it creates a domino effect. All systems are coming back online, but the team took the time to explain the situation. The repair or the exchange of a functionally damaged Product is at no additional cost for the Customer. Their primary production environment was dealing with some setbacks, which results in a paused trading engine. T&Cs Phantom - Devialet Gemini (until April 2023). Users of the Gemini exchange may have noticed the company had some issues these past few days.

Gemini exchange outage