Bitfinex down? Current status and problems
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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:
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Kim Logon (@gaga_teal_pubes) reported@AltcoinDailyio I buy BTC on bitfinex every time the price goes down. I am sure that we will see a critical market recovery soon.
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Dan (@hrtlndbitcoin) reported@LPCapitalChi I wouldn’t frame it as being a “good guy” but he could potentially have an overall “good impact.” Same goes for Jesse from Kraken and Paolo from Bitfinex. They still seem to genuinely believe in and support Bitcoin unlike Coinbase Brian, SBF, and the other big crypto scammers
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Lyra Kotone (@IllusionedBeing) reported@cryptoworld202 I have never had any problems with bitfinex. I see no reason to change the exchange.
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alpha raccoon (@thealpharaccoon) reportedWhy is @bitfinex so slow to fill small BTC orders? @Bybit_Official would have done it in a second and this one is taking more than 5 minutes. Is it like a technical thing?
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sarah_paster (@wwwhhh20146) reported@CryptoTigerCom none!! my bitfinex portfolio is sterile from this ****
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Jay (@Jay__1337) reported@coinmamba For spot trading and/or if you don't want to self-custody, Bitfinex. If they go down, cryptos are ******* done with.
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KennyKen :P (@TeamMinaj_MD) reported@Cointelegraph Just use the trusted exchanges, what's the problem? Bitfinex is a great example of a good trading platform.
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Effy (@AliceCoatRackRW) reported@coinmamba I've been using bitfinex for many years, and idk, had no problems
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Thais lancaster (@thaisleom) reported@rovercrc Sorry, but I'm not ready to change Bitfinex platform for anything else yet. This is a safety issue, and here I feel actually protected.
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Tommi Komulainen (@tko) reportedOh boy. I’m rather picky about giving my phone number to some random internet service. Asking me for photo id is asking me to get off your service, which I’ll happily oblige @bitfinex
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John Foss (@johnfoss69) reportedKraken, Binance, Bitfinex, and Kucoin are popular exchanges that allow you to buy XMR depending on your location. Please note that some of these changes may routinely prevent you from withdrawing your coins due to dubious ‘wallet maintenance’ or ‘network issues’.
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Michael Kane (@michaelkane88) reported@bitfinex I submitted a withdrawal 5 days ago and it’s status is still “processing”. I had been planning to convert the funds to fiat immediately and price has gone down while my funds have been in limbo. This is disgraceful. Please take steps to resolve asap.
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Donald Spender (@SpenderDonald) reportedBitfinex and Tether Launch Public Fund to Support Salvadoran Families Affected by Gang Violence. #TechTrees $TTC
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XRP589EOY (@thing_of_ours1) reported@paoloardoino @bitfinex Goddam this **** is going to hell so fast…
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Transesportes (@transesportes) reported@Davincij15 No one will ever convince me to stop buying Bitcoin on Bitfinex even under the pretext that it might go down to zero. I don't believe this **** and will continue my way.
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_Ha_yes_ (@moonboys7) reportedWhy did Bitfinex act in this way? Well at the same time Bitfinex’s sister company Tether had liquidity issues. And the haircut from users as well as the buying back of debt for half price allowed for liquidity to prop up Tether.
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ChristianSchmidt (@21HodlChris) reported@DylanLeClair_ Many different jurisdictions already fighting re process/ownership of the bankruptcy proceedings it looks rather unlikely imo they can pull off a Bitfinex style restucturing. + legal/reg uncertainty, different creditor groups, customer trust in FTX 2.0?
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⚡️Buma⚡️ (@bumaknows) reported@SBF_FTX @cryptomanran The Bitfinex Model… are you aware of Bitfinex Model Sam? It was a large exchange like yours and got hacked. I throw this out there because I genuinely believe you have zerooooo interest or knowledge of the industry. Jesus Sam… you had that golden egg. Wtf?!
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Brance Alpha™.hft (@CryptoBJF) reportedElon job performance test, round 3. *taps mic* metamask help trustwallet support OpenSea NFT buy crypto coinbase ftx bitfinex kraken binance margin locked withdraw issues
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John Foss (@johnfoss69) reportedKraken, Binance, Bitfinex, and Kucoin are popular exchanges that allow you to buy XMR depending on your location. Please note that some of these changes may routinely prevent you from withdrawing your coins due to ‘wallet maintenance’ or ‘network issues’.
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21m CryptoCrooks 🌚 (@cryptocrooks) reported@DU09BTC I think bitfinex did something similar years ago with their token and lost customer funds. They're inextricably linked to tether too.... Full circle ⭕
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Tommi Komulainen (@tko) reportedBack in the day I bought a couple bitcoins at 40€ .. can I use them to earn som interest or something now that bitfinex with their funding program chose to make their service unacceptable
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enigzimatic (@enigzimatic) reportedmetamask help trustwallet support OpenSea NFT buy crypto coinbase ftx bitfinex kraken binance margin locked withdraw
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Blockforce (@pitchb3nd) reported@bitfinex What is going to happen to old users with unverified accounts? I understand you'll no longer service them? what is going to happen with their accounts?
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TCP (@TrillionIam) reported@WatcherGuru Glad to see he wants to do what bitfinex did to their customers after they got hacked. What happened to customer funds? You get a **** coin while they keep your btc, crypto, lol!
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Bryce (@skllzdatklls) reported@lopp I’d be down for letting ftx run as a business with the entire management team disbanded and put in prison for those responsible. And attempting to pay people off with fees / business performance as bitfinex did. I don’t see a huge downside to this.
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Ran Neuner (@cryptomanran) reported@JoelKatz @cz_binance @benbybit If the exchange is re-started for the creditors, it in their best interest to use the product and help it grow. It's an exchange owned by the creditors and they can sell their "stake" at any time. Bitfinex did something similar and it worked great! 2/2
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Jameson Lopp (@lopp) reportedElon job performance test, round 3. *taps mic* metamask help trustwallet support OpenSea NFT buy crypto coinbase ftx bitfinex kraken binance margin locked withdraw
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EmotionLotion (@0x_Lotion) reported@fillbeforeshill How would this work, it's not the same situation at all. Bitfinex got hacked, but people still liked bitfinex and were willing to support it. Ftx commited fraud, under what management would this new exchange operate?
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kim chansu (@kimchansu8) reported@maziyarkamran Tether (USDT) is a cryptocurrency stablecoin pegged to the U.S. dollar and backed "100% by Tether's reserves," according its website. Tether is owned by iFinex, the Hong Kong-registered company that also owns the crypto exchange BitFinex.