Crypto Exchange Gemini Resumes Services After 'Scheduled Maintenance'
Crypto exchange Gemini has come back online after being down for over seven hours since Thursday due to a scheduled maintenance, the firm said. “The Hash” hosts discuss the latest developments around Gemini as FTX’s collapse brings increased scrutiny on crypto exchanges.
more concerning, what appears to be systemic printing of GUSD for about $600M leading into the Gemini Earn problem. Fortune magazine noted possible third party wallet involved. What about discussion of the Fortune article? much more concerning than a service outage.
Self custody doesn’t solve the problem. If everybody pulling to their own self custody catalyzes collapses who do you sell the stuff to anyway?! Thing like BISQ for BTC Can work but only to a point. It’s not the same thing. Not at all
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more concerning, what appears to be systemic printing of GUSD for about $600M leading into the Gemini Earn problem. Fortune magazine noted possible third party wallet involved. What about discussion of the Fortune article? much more concerning than a service outage.
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Self custody doesn’t solve the problem. If everybody pulling to their own self custody catalyzes collapses who do you sell the stuff to anyway?! Thing like BISQ for BTC Can work but only to a point. It’s not the same thing. Not at all
FREE SBF 🕯
arent the twins billionaires without the exchange? they can afford to pay everyone back if it crashes 😛