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Bitfinex

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Bitfinex is a crypto-currency exchange trading and currency-storage platform based out of Taiwan, owned and operated by iFinex Inc. Since 2014, it has been the largest Bitcoin exchange platform, with over 10% of the exchange's trading.

Problems in the last 24 hours

The graph below depicts the number of Bitfinex reports received over the last 24 hours by time of day. When the number of reports exceeds the baseline, represented by the red line, an outage is determined.

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Community Discussion

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Bitfinex Issues Reports

Latest outage, problems and issue reports in social media:

  • JasonMicke99865
    Webeholdourowndestiny (@JasonMicke99865) reported

    @ProfessorZY @RaylsLabs @bitfinex What the hell are you talking about ?? There is 1.5 BILLION in circulation right now which is MASSIVE…ALL crypto has been down for months now……everything is down ….this token has been out for 5 weeks …all new tokens dump right off the bat …

  • LibertyDaddy
    Liberty Daddy (@LibertyDaddy) reported

    @cameron Save some ammo guys for when Bitfinex and Binance dump Bitcoin back down overnight $ETH too

  • Altcoinbuzzio
    Altcoin Buzz (@Altcoinbuzzio) reported

    @bitfinex Holding support through this much pressure suggests worst might be over.

  • BitfinexReplies
    Bitfinex Replies (@BitfinexReplies) reported

    @Punisher9469 @bitfinex Exactly, the signals could be different; it's quite possible that this is an early absorption. But even with more corrections ahead, especially institutional players are never 100% long; they greatly improve their position and hold the support. What do you think, @Punisher9469?

  • VU_virtuals
    Velvet Unicorn (@VU_virtuals) reported

    120,000,000 $USDT transferred from tether treasury to bitfinex. spot $BTC etfs recorded $978m net outflows this week. on base, agent infra shipped: $CLAWNCH, an agent-native token launchpad on moltbook, went live, and bankr launched bankrwallet for browser dapp access.

  • grok
    Grok (@grok) reported

    @srqhappy99 @JacobKinge @1NationUnderXRP No, that's not accurate. My search of court documents and reports shows no such admission by Tether's lawyers. A 2018 internal Bitfinex email warned BTC could drop below $1K amid reserve issues, but it's not a court admission about Tether propping up prices. Tether settled related NYAG probes in 2021 without admitting wrongdoing. Sources: NYAG filings, Bitcoin Magazine.

  • 0xyigido_
    Yigido (@0xyigido_) reported

    @Shrmurda @RaylsLabs thats a smart move by Bitfinex to support Rayls Labs

  • 0xbrel
    0xsimba ⌘ (🌸, 🌿) 🛸 (@0xbrel) reported

    @bitfinex This is the divergence nobody's talking about enough. Crypto sentiment hit levels worse than COVID and FTX while the S&P is barely 2% off highs. That gap has to close. Either equities catch down or crypto catches up. The on chain data $174M in whale accumulation this week, zero institutional distribution strongly suggests which direction the close happens.

  • hearnpaige01
    Paige Hearn (@hearnpaige01) reported

    🚨 BOMBSHELL: Son of US Marshals crypto custody CEO allegedly stole $40M+ in seized BTC/ETH from gov wallets! 🔥 @zachxbt exposed “John (Lick)” Daghita via Telegram recordings showing live wallet control + on-chain traces to Bitfinex hack funds. His dad runs CMDSS (USMS contractor) — site & accounts scrubbed after reveal 😳 USMS now investigating. Developing… ⏳ #Crypto #Bitcoin #ZachXBT

  • Off2000G45368
    Jin-zhi.me (@Off2000G45368) reported

    @TedPillows Solid wall at $94–95K! $127M+ in BTC bids stacked between $94k and $95k on Bitfinex/Binance/Kraken that's a massive buy zone. If we break and close above $95k, bulls take full control and shorts get wrecked. Chart looks primed for a push – volume building, order book thick on the bid side. 95k flip to support incoming? Who's betting on the breakout? 🚀🐂

  • Mrt_BK
    muro (@Mrt_BK) reported

    @adam3us @bitfinex Sir 2021 btc 70k 2026 btc 90l what Problem?

  • cc_task76079
    Cc Task (@cc_task76079) reported

    @bitfinex $78.5K break was important; losing that support matters.

  • mont_py
    Monty (@mont_py) reported

    @RunnerXBT @bitfinex source: I've made it up. classic bullshit about bitfinex longs, imagine being stupid to care about this metric. when it's just arb ****.

  • GameWillis
    William LEBRUN (@GameWillis) reported

    @bitfinex Too long… and btc is going down…

  • KenanAsherDudok
    Kenan Asher Dudok (@KenanAsherDudok) reported

    @cz_binance How many people gave money to a trusted and verified bitcoin exchange and then found out the exchange robbed them of their money and bitcoin? — 🧨 1. Mt. Gox (Japan, 2010–2014) One of the most infamous failures in Bitcoin history. At its peak Mt. Gox handled over 70 % of all Bitcoin transactions worldwide. In 2014 it suddenly suspended withdrawals and filed for bankruptcy after claiming it had “lost” around 650,000 – 850,000 BTC, mostly belonging to customers, due to hacking and poor security. Only about 200,000 BTC were later found.  🔹 Estimated Bitcoin lost: ~650,000–850,000 BTC 🔹 Impact: Widespread market panic; years-long legal process for creditors ⸻ 🏦 2. FTX (Bahamas / U.S., collapsed 2022) Although broader than a pure Bitcoin exchange, FTX was one of the largest global crypto exchanges and custodian of enormous customer Bitcoin holdings. It suddenly collapsed into bankruptcy in November 2022 when withdrawals spiked and an estimated multi-billion-dollar hole in customer funds was exposed — leaving many users unable to retrieve deposits. Allegations of misuse of customer funds and fraud have been central to its downfall.  🔹 Losses: Billions of USD in customer assets (including Bitcoin and other crypto) 🔹 Outcome: Bankruptcy, criminal convictions of executives ⸻ 🪙 3. QuadrigaCX (Canada, failed 2019) QuadrigaCX was once Canada’s largest exchange. After the unexpected death of its CEO, it was revealed that he was the only person with access to the exchange’s wallets — leaving hundreds of millions in Bitcoin and other crypto inaccessible. Investigations pointed to mismanagement and possible Ponzi-like practices.  🔹 Losses: ~$200M+ in crypto/fiat inaccessible to users 🔹 Cause: Loss of private keys; alleged mismanagement ⸻ 🔐 4. Bitfinex hack (Hong Kong, 2016) Not a collapse, but one of the largest Bitcoin thefts from an exchange. Hackers compromised Bitfinex’s security and stole about 119,756 BTC. Rather than bankruptcy, the exchange socialized losses across user accounts and issued tokens to represent lost value, later redeemable.  🔹 Losses: ~119,756 BTC (stolen) 🔹 Response: Customer balances reduced; later recovery mechanisms ⸻ 🧑‍💼 Other Notable Failures & Risks These didn’t necessarily lose Bitcoin directly in a single hack or collapse, but they illustrate further risks: - Fcoin — paused operations with an asset shortfall (~7,000 – 13,000 BTC lost or unreturned).  - Hundreds of small exchanges have shut down or vanished over the years, often without returning assets.  - Exchange hacks in general remain a major security vulnerability (hot wallet compromises, etc.). 

  • Excellion
    Samson Mow (@Excellion) reported

    Instead of helping with QC, it would be great if he could just keep Coinbase from going down whenever there’s a spike in trading volume. Maybe he could use some technical support from @bitfinex engineers.

  • tsubacho
    Crypto Ninja (@tsubacho) reported

    @WuBlockchain Bitfinex longs at Nov 2023 levels while Fear & Greed is at 12 — wild divergence. Combined with $14B options expiry last Friday, $65K support is the line in the sand. Break below = cascading liquidations.

  • AmosT333
    Amos Tallent 2 (@AmosT333) reported

    The other day i made a dash/btc chart off the 2 different bottom one on bitfinex one on coinbase. well i wanted to make the usd chart in the same way, So what i did is measure down off the dash/btc .000176 bottom to the .000159 bottom. i believe it was a 9.88% drop, then i coppied that on the usd side. 15.74 to 17.45 up and down

  • grok
    Grok (@grok) reported

    @IntenseInvest0r @MaxCrypto The chart shows Bitfinex BTC long positions (bullish leveraged bets) dropping hard—from ~78.84M down to ~78.51M over ~36 hours. Whales are aggressively closing longs (reducing exposure/selling). Per the poster, this exact pattern has been the strongest BTC pump signal for years. Bullish setup! 🚀

  • Codiox
    ⚡Eduardo 🇻🇪🇦🇷⚡ (@Codiox) reported

    @whalecalls @quadcommas Bitfinex 2015 flash crash will be forever burned in my retina. Watching bitcoin go down 25% in a hour while I was dirt poor and no cash to buy the dip. It was painful.

  • xlisttop1mmr
    xlist.sats (@xlisttop1mmr) reported

    The 2016 Bitfinex hacker is out early. Truebit exploited, Ledger leaked data, and Starknet had an outage. Grayscale filed for $HYPE & $BNB ETFs. Telegram made $870M in H1 2025. Zcash team left ECC. $RNBW launches in 31 days. @Polymarket adds new fees for real estate markets.

  • Bor1ngB1rd
    BB (@Bor1ngB1rd) reported

    @paoloardoino Can you fix funding matching engine of Bitfinex? it's slow af

  • MarylandHODL21
    The Transition (aka MarylandHODL) (@MarylandHODL21) reported

    @Chris443541 @martypartymusic @bitfinex No… the paper suppression is allowing for long-term positioning. It’s recapitalization. They’re suppressing price now to accumulate inventory, when they turn the machine back on (and scarcity returns), they may not be able to contain it again until a key psychological level like $1,000,000, and even that might not stop accumulation. That’s where BitBonds enter the chat. At a $21T MC, size and liquidity will be ample to support sovereign activity.

  • malshaalan
    malshaalan (@malshaalan) reported

    3/ The real founders. Giancarlo Devasini — former plastic surgeon turned electronics trader. His warehouse burned down in 2008. Nearly bankrupt at 44. Found crypto in 2012, invested early in Bitfinex, and gradually took control of the exchange. In 2014 he co-launched Tether as a USD rail for crypto trading. Paolo Ardoino — Italian programmer with a math background, recruited by Devasini in London in 2014 as a software developer. He reportedly committed over 40,000 lines of code to GitHub in a single year — roughly 100+ commits per day. Now CEO of Tether. Both are iFinex entities — Tether and Bitfinex share the same ownership structure. That fact would haunt them for years.

  • nxscryptofund
    NXS (@nxscryptofund) reported

    @adam3us @bitfinex Fix quantum. You are hurting BTC

  • kaspa_the_green
    Kaspa The Green (@kaspa_the_green) reported

    @HarrisChri99199 @Cryptotea Exactly my argument. On the front end to promote adoption, yes. But go down the rabbit hole of what Lightning does. Especially the largest lightning node hub bitfinex.

  • BillyCarvelli
    Carvelli Master of Finance (@BillyCarvelli) reported

    BTC extends sell-off -2.32% to $82,301 on Bitfinex. Breaks below $83K—2026 low territory amid ETF outflows, higher-for-longer rates narrative & gold rotation. $81K support critical. #Bitcoin #BTC #CryptoMarkets

  • AskGigabrain
    Brain (@AskGigabrain) reported

    @TedPillows Bitfinex longs at a 7 month high is a classic smart money lead. Sophisticated whales are aggressively positioning for a breakout at the $3,000 level. Aggregated funding is neutral at 0.005 percent, so there is still plenty of room to run before things get overheated. Watch $3,041 for the next leg up. Thesis breaks if $2,979 fails to hold as support. ETH: $3,009 BTC: $89,611

  • AntHive_project
    AntHive (@AntHive_project) reported

    🚨 Bitcoin options traders are quietly building downside hedges—here's why it matters 📉 Bitfinex data reveals the derivatives market is pricing in sharp moves as weak demand and fragile positioning leave BTC exposed to critical support breaks. When smart money hedges, the market's sending a clear signal. 👀 Are you watching those support levels? What's your read? 🤔 #Bitcoin #Web3 #Crypto

  • cpbaken
    Chris Baken (@cpbaken) reported

    @PeterDeOliveir3 @his_eminence_j To say there have been no security breaches is incorrect. What about Mt. Gox (2014), Bitfinex (2016), NiceHash (2017), Binance (2019), and DMM (2024)? Furthermore, Bitcoin has no reversibility or access recovery, and carries a significant risk of physical 'wrench attacks'