Related movie: How to Sign Up On Gemini Exchange
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- Gemini, the crypto exchange, extended a scheduled maintenance after a bitcoin sell-off.
- The exchange appeared to be down for some users for much of the morning.
- Bitcoin, the red-hot cryptocurrency, shed more than $1,500 during the downtime.
- The exchange will provide gegevens for Cboe General Markets’ bitcoin futures contracts, which will go live Sunday.
Gemini, the cryptocurrency exchange founded by the famous Winklevoss twins, has extended a scheduled maintenance of its webpagina after a massive bitcoin sell-off.
The company said Friday night that its webpagina would fall under maintenance from 8:00 a.m. to 1:00 p.m. ET Saturday, adding that users shouldn’t expect “downtime.” Still, the webpagina appeared to be down for some users during the period, preventing folks from accessing their cryptocurrency accounts.
At around 1:00 p.m. ET the company said the maintenance would proceed:
The outage coincided with a massive bitcoin sell-off, which clean-shaved more than $1,500 of its price, according to Markets Insider gegevens. By 1:22 p.m. ET, bitcoin wasgoed trading down 11% against the US dollar at $14,305 a coin. The outage infuriated some users who were incapable to stir their coins around spil bitcoin’s price slipped. One person criticized the rock-hard for not providing users enough notice on the flamante maintenance:
Here’s another discontent tweeter:
Founded ter 2018 by Tyler and Cameron Winklevoss, who reportedly own a billion dollars of bitcoin, Gemini is one of the best-connected firms te the cryptocurrency space. Cboe Completo Markets is partnering with the exchange for its bitcoin futures contracts, which are set to go live Sunday.
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When volumes have enlargened on Gemini, the stiff has faced challenges staying online.
Earlier this month, the hard showcased many users a “504 Gateway Time-out” message, which meant its servers were not responding to requests. The company posted on its status pagina that “systems are presently experiencing degraded vertoning.”
The exchange also experienced outages lasting spil long spil Ten hours ter August, according to reporting by Quartz.
“This is not the very first scaling challenge wij’ve encountered, and it won’t be the last,” Gemini said te a blog postbode. “We’re continuing to improve our vertoning and infrastructure monitoring so wij can anticipate potential problems more quickly ter the future.”
Gemini did not react to a request for comment.