#Gemini exchange outage full#
#Gemini exchange outage professional#

Related: Crypto users claim Gemini email leak occurred much earlier than first reported After the news came to light, Gemini has since clarified in a blog post that the breach appeared to be 'result of an incident at a third-party vendor' but also warned of ongoing 'phishing campaigns' as a result of the data leak.

#Gemini exchange outage full#

In the case of the latter, hackers apparently did not gain access to the full phone numbers, as certain numeric digits were obfuscated. According to documents obtained by Cointelegraph, hackers gained access to 5,701,649 lines of information pertaining to Gemini customers’ email addresses and partial phone numbers. And approximately 30% of the people still believe that Gemini is secretly insolvent.A third-part vendor related to Gemini appeared to have suffered a data breach on or before Dec. Is everything under control, then? Judging by the replies to that tweet, some Gemini clients are still having trouble withdrawing their funds. Gemini exchange fully back online all customer funds held on the Gemini exchange are held 1:1 and available for withdrawal at any time. However, an hour later they tweeted, “Gemini exchange fully back online all customer funds held on the Gemini exchange are held 1:1 and available for withdrawal at any time.”

We have restored the database and are bringing the exchange back up.” It all sounded suspicious, especially considering how FTX’s website went down before they started admitting it all. The company wasted no time and informed the world that “We experienced an Amazon Web Services EBS outage with one of our primary databases. Gemini services are down across the board ? /yO0yLdJlgl No need to take any unnecessary risks.” He had images to back up his claims: Earlier, analyst Dylan LeClaire informed the world that Gemini’s services were “down across the board” and advised everyone to “Withdraw. Related Reading: Hodlnaut Halts Customer Withdrawals, Becomes Latest Exchange To Plunge Into Crisis Is Gemini Under Water, Though?Īs it’s usual lately, today was a pretty eventful day in crypto. Gemini Staking, which is part of our Grow offering and separate from the Earn product, continues to operate as usual.” “This does not impact any other Gemini products and services. “We are encouraged by Genesis’ and its parent company Digital Currency Group’s commitment to doing everything in their power to fulfill their obligations to customers under the Earn program,” they wrote avoiding making any commitments.

#Gemini exchange outage professional#

Therefore, in consultation with our professional financial advisors and counsel, we have taken the difficult decision to temporarily suspend redemptions and new loan originations in the lending business.”īack to Gemini’s statement, the company assures that things will go back to normal soon enough. Our #1 priority is to serve our clients and preserve their assets. “FTX has created unprecedented market turmoil, resulting in abnormal withdrawal requests which have exceeded our current liquidity. Of course, it all comes down to the disaster Sam Bankman-Fried brought forward. Earlier today, Bitcoinist quoted Genesis explaining their decision and how the situation looks from their end. We are working with the Genesis team to help customers redeem their funds from the Earn program as quickly as possible.” “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. According to the Winklevoss twins’ PR team, the denial of service has to do with their partner Genesis Global Capital’s decisions.