Password auth failed for user "postgres" - postgresql

Question

I am trying to run my postgres server and nestjs project with docker script and it does fire up the server and database. While firing up it does run migrations too but when I open pgAdmin I see no database there and if i try to create new server i get fatal pasword incorrect error. Also my server crashes too with error saying Password authentication failed for user "postgres". It was running fine yesterday but today its not running at all. I tried pruning everything and made fresh build and then compose up but nothing. Here is docker script
version: "3.5"
services:
dev-api:
container_name: xxxxxxxx-api
build:
context: .
dockerfile: Dockerfile
depends_on:
- dev-db
environment:
DATABASE_URL: postgresql://postgres:postgres#dev-db:5432/xxxxxxx_api
APP_ENV: development
PORT: 3030
WAIT_HOSTS: dev-db:5432
ports:
- "3030:3030"
- "9229:9229"
volumes:
- .:/usr/api/
dev-db:
container_name: xxxxxxxx-postgres
image: postgres:13.5-alpine
restart: always
ports:
- "5432:5432"
volumes:
- ./pg-data:/var/lib/postgresql/data
- ./src/db/docker/init.sql:/docker-entrypoint-initdb.d/dbinit.sql
environment:
- POSTGRES_USER=postgres
- POSTGRES_PASSWORD=postgres
- POSTGRES_DB=xxxxxxx_api
expose:
- "5432"
pgadmin:
container_name: xxxxxxx-pgadmin
image: dpage/pgadmin4:6.2
ports:
- 8080:80
volumes:
- pgadmin-data:/var/lib/pgadmin
environment:
- PGADMIN_DEFAULT_EMAIL=user#postgres.com
- PGADMIN_DEFAULT_PASSWORD=postgres
- PGADMIN_LISTEN_PORT=80
depends_on:
- dev-db
volumes:
pgadmin-data: