Gemini: The system failure was caused by a database connection interruption, and the service has been restored
ChainCatcher news, Gemini posted on Twitter that a connection issue occurred with one of its major databases and Amazon Web Services EBS service, but the service has now fully recovered and customer funds are safe.
According to previous reports, Gemini's system experienced an outage that affected multiple services, including the trading platform and fiat deposits and withdrawals. Its wealth management products were impacted by Genesis's suspension of redemptions, and they are working with the Genesis team to help customers redeem funds from the Earn program as quickly as possible.
Genesis and its parent company, Digital Currency Group, have committed to fulfilling their obligations to Earn program customers to the best of their ability and will continue to communicate on behalf of all Earn customers. This will not affect any other Gemini products and services. ( Source link)