Bitfinex status: access issues and outage reports

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.

Community Discussion

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Bitfinex Issues Reports

Latest outage, problems and issue reports in social media:

• 
  Slevin Kelevra ✡︎ ☦︎ (@kruper47) reported 2 minutes ago

  Sometimes we'll dive into history to better understand market context. Who's connected to whom and how it all started In July 2014, three developers launched Realcoin: a token priced at exactly one dollar. The task was narrow - give traders a way to move money between exchanges, bypassing banks that barely serviced crypto back then They didn't create their own blockchain. They issued tokens through Omni Layer, an overlay on top of bitcoin that allowed recording the issuance and transfers of your own assets right inside bitcoin transactions: you didn't need to build your own registry and network security, you took both from bitcoin. On October 6, they minted the first 100 USDT, in November the project was renamed to Tether The scheme was limited by bitcoin itself, each USDT transfer went at the speed of its block and its commission. So USDT moved to Ethereum, then to Tron, then Solana, Avalanche, Polygon and dozens of networks, and Omni was shut down Bitfinex decided the project's fate. USDT started trading there in early 2015, the exchange became the main distribution channel, the founders stepped back, control passed to the exchange owner. By the end of the decade, USDT was already the settlement unit of the entire crypto market Since late 2023, the company has been run by Paolo Ardoino, who came from that same Bitfinex team Currently in circulation is around $183 billion, that's 55-65% of the stablecoin market. Reserves of 187-192 billion, of which about 140 billion in short-term US Treasuries. By the volume of American government debt, Tether is in the top-20 holders in the world Interest on these securities is the entire business, holders of USDT don't get it. $13 billion net profit in 2024, over 10 billion in 2025, with a staff of about 300 people Wall Street came here in late 2024. The old New York investment bank Cantor Fitzgerald bought rights to about 5% of Tether for 600 million, when the entire company was valued at 12 billion. Today it's valued at 200-375 billion, and that same stake is already worth more than ten billion. Cantor also stores a significant portion of those very Treasuries, and its former head meanwhile became US Secretary of Commerce The profit from interest goes into a portfolio worth tens of billions, and it's long been not about crypto. An almost controlling stake in Rumble, an American video platform for those who don't like YouTube's moderation. Control in a South American agro-holding that grows sugar cane and rice. Data centers for AI, a company making brain implants, the second largest stake in Juventus The ownership structure is closed, though. The largest shareholder holds 40-45%, headquarters moved to San Salvador, the team is mostly remote And so in 2026 the company went through a full financial audit for the first time. Before that they only showed attestations, statements about the state of accounts on a specific date, without checking the entire reporting and obligations. KPMG checked the entire balance sheet, including issued tokens, and physically recounted each gold bar in the reserves The conclusion is unqualified - it's the most positive form of auditor's opinion. As of the end of 2025, reserves exceed liabilities by $6.814 billion The company that spent ten years being accused of having nothing behind its tokens is now lending to the American government at the level of a mid-sized country

• 
  Stash Management (@Stashquants) reported 3 minutes ago

  @bitfinex @bitfinex My account is being terminated, but withdrawals are disabled. Your deadline is 15 Aug, 10:00 UTC. I’ve contacted support. Please urgently enable withdrawals or provide an alternative way to withdraw my funds.

• 
  The Block (@TheBlockCo) reported 4 minutes ago

  THE BLOCK: Bitfinex Securities has listed five tokenized products offering exposure to bitcoin treasury companies, including Strategy $MSTR, Metaplanet, H100, and Capital B. The equity-backed notes are issued via a Luxembourg securitization fund and trade against USD, USDT, and bitcoin bitcoin:native.

• 
  Nomad (@JourneyMacro) reported 7 minutes ago

  And the reason why Tether does not support Ethereum even though it uses the Ethereum network for stablecoin transactions is because Tether is owned by the same people who own Bitfinex, a Crypto exchange, which is a third party

• 
  Egs (@ventotene12) reported 10 minutes ago

  @bitfinex Bro we’re down like 10%

• 
  KhaiDao (@Khaikhaidao) reported 10 minutes ago

  @blockchainrptr bitfinex down 60% is brutal, ngl. liquidity following the flight to binance i guess.

• 
  PIKACHU4SSR IS 💞ALIVE🦋😎 (@PikaDetects) reported 11 minutes ago

  what is this about bitfinex ? Error loading address data. (400 OK: Invalid Bitcoin address) ?? #Bitcoin

• 
  2weed 🇵🇸 (@TAUHEED5) reported 11 minutes ago

  @CW8900 Wtf is bitfinex whale

• 
  Moloch (@Moloch6666) reported 12 minutes ago

  @vincent_vancode It's manipulated on the way down and up It has been discovered in court how tether is manipulating the prices with bots in cooperation with the biggest exchanges(bitfinex case).

• 
  𝕽𝖎𝖈𝖔 𝕿𝖍𝖊 𝕮𝖍𝖆𝖘𝖊𝖗 (@RicoPointEth) reported 12 minutes ago

  @seth_fin @bitfinex Strong support zones are where sentiment usually gets tested. @seth_fin

• 
  ₿arnabyTheStoic (@BarnabyTheStoic) reported 14 minutes ago

  @bitfinex Wtf are you thinking asking this

• 
  Beautyon (@Beautyon_) reported 16 minutes ago

  "He’s publicly stated numerous times their desire to put Simplicity, their smart contract protocol, on Bitcoin mainnet. He calls it "the last softfork". It would require certain parts of Taproot that BIP110 would hinder. It would prevent them from putting non-bitcoin assets on the Bitcoin base layer. Simplicity is currently on their sidechain, Liquid." This is super interesting, isn't it? Liquid, the side chain that is adjacent to Bitcoin, where, if you want to get out of it requires the consent of the cabal of nodes who administer it, Their "Permission" if the amount you want to get back in to bitcoin is "too much at one time". If Simplicity is already live on Liquid, then surely, if Liquid has any utility at all, this is what you need to be promoting, not putting Simplicity onto Bitcoin. Promoting Simplicity on Liquid might turn around Liquid's fortunes, making it into Etherium 2.0 and increasing Liquid's user base. At the moment, very few people are using Liquid. and it is not in widespread use. It has been live since 2018 but remains very much a niche network. The clearest metric is L-BTC in circulation: on the order of 3,000–4,000 BTC as of early 2026, versus roughly 130,000+ BTC wrapped on Ethereum and around 5,000 BTC in public Lightning Channel capacity. Most Liquid activity comes from a small set of participants; Bitfinex, SideSwap, Boltz swaps, and tokenized-asset issuance (e.g., Blockstream's ASSETS platform, El Salvador-related bond experiments), rather than broad retail or merchant adoption. The 15-member federation model has also kept some of the Bitcoin community at arm's length. It is a fundamental weakness in the model because trust is at the core of its architecture and design. Wallet support reflects this profund failure to capture market share. Out of the hundreds of Bitcoin wallets in circulation, only about a dozen support Liquid: Blockstream App (from Blockstream, which means they must support it) Blockstream Jade (hardware) AQUA (JAN3) SideSwap Marina (Vulpem, browser extension) Bull Bitcoin Wallet (uses Liquid internally for swaps) Ledger (limited, via Liquid app) BTCPay Server (via plugin, merchant-side) Specter/Elements-based desktop setups (for technical users) So as a proportion of Bitcoin wallets, Liquid support is in the low single digits percentage wise, and several of those are Blockstream's own products or companies closely aligned with it. The mainstream wallets, Electrum, BlueWallet, Muun, Phoenix, Sparrow, Trezor Suite, Exodus, Coinbase Wallet, Wallet of Satoshi, Phantom and the majority of others do not support it. The wallet runners have development teams who know exactly what they're doing, and they've rejected Liquid. Why is that? Putting Simplicity on Liquid was not enough to midwife the creation of Etherium 2.0 and bring "Crypto" heads into the Liquid ecosystem, and so having failed there or being too impatient to work on growing Liquid, they want to go straight to Bitcoin, and have Simplicity running in two places. The question is this; why are Blockstream in a privileged position to put their own scripting language into Bitcoin? If another company has another language, should that also be put into bitcoin? Is adding scripting languages to Bitcoin a privilege only for Blockstream, or can anyone do it. I think the answer is, "I'm the only one" because Blockstream's spokesperson says, "This is the last soft fork", meaning that no future languages will ever be soft forked into Bitcoin. Excuse me? Who elected these people as the guardians and final arbiters of what does and does not go into bitcoin? I think after BIP-110 there will be 0 chance of getting Simplicity into Bitcoin; after all, it is already fully live and available to anyone who wants it on Liquid, so they are free to experiment in that playpen, where they can harm no one. And that is the way it should be. Running your own sidechain where people can opt in and experiment under the rules of the committee is exactly how things should be architected. Liquid causes no harm to bitcoin, and is completely ethical. What it does show however, is no one wants that stuff. It's not compelling at all, or attractive; trust is anathema to bitcoiners. What makes anyone think Simplicity on bitcoin will be a hit? Hopefully that particular experiment is never run and we never have to find out at everyone's expense!

• 
  Cloakd ⌛ (@CloakdDev) reported 16 minutes ago

  @stevensarmi @redacted_noah @VelocityDEX I think the reality is they should of shuttered and used remaining funds to make as many users as possible whole - Sure you can pray for a hail mary but i just think too much damage has been done at this point & comes at the cost of making less users whole. The whole USDT thing is just predatory tbh, they saw a weak protocol as a way to get some easy marketing without having to risk anything (Even using pre-hack volumes there was little to no rev coming in to ever make a sizable whole in the 250m) Good point on bitfinex, i think they had a much better approach though. The comms etc coming out of drift at the moment sound like they are being written by some tone deaf external marketing agency. How long did it take for bitfinex to recover? Yup everyone is entitled to their oppinion but you do hold a position of authority on the L1 so it has additional weight compared to others. Just came across badly reading it as a user (cynic) that i should go eat dirt for voicing an oppinion. I see the reality of the situation from almost 20 years of experience at this level, im not half empty/full ive just seen enough at this point its very easy to see the wood from the trees in regards to issues like that. I prefer to be pragmatic when it comes to money. Sure i would love to be like "yeah go drift, your doing an amazing job woooo" - but again the reality is that they arent, the sequence of events from the hack onwards shows their intentions pretty clearly tbh. Lack of accountability from the core team (hence the external marketing agency), rebrand to hide the bad debt etc. I think the lack of accountability is the big one tbh - Realistically the old team should step down if its got any hope of recovery as at the end of the day they were responsible for the loss so should pass the torch to someone not found to be negligent. No amount of procedure is going to bring back that trust unfortunately. Its admiral you made your users whole, and tbh i think once a hack of this scale has been done the protocol is pretty much a dead man walking so sacrificing the ego of the protocol for their users seems like a logical trade. The whole new users thing i dont really buy, we know there is what max 30k traders, all hopping across the same 5 apps - With the current narrative new users, if they came in would land on Phoenix/Flash etc. Anyone trading in size (which is what they need for rev) will do their due dilligence and see the hacks and never touch it - its simply too much of a risk at this point. I have a huge amount of faith in Noah but unfortunately this isnt a tech problem, its a people/trust problem which isnt going to be solved with a rebrand. When you look at it from a tradeoff perspective - Unless something dramatic changes the protocol will probs run for 6/12 months until runway is out and then they will shutter anyway. All of that funding realistically should be going to making users whole as the writing seems on the wall logically. 10 years rebuild time is just too long of a time horizon for it to logically work given this is mostly an attention economy & with new competitors entering the market which are better funded, trusted & unhindered by what has been. They just arent going to win in that arena. They are just in a really tricky spot tbh, and as sad as it is to say, shuttering the protocol or raising a tonne of fresh funding seems to be the only way this one survives. Everything else is just a half measure

• 
  samsainlove .°˖✧ (@samsainlove2) reported 16 minutes ago

  @bitfinex BEWARE ! BITFINEX HOLDING CUSTOMERS FUNDS PRETENDING COMPLIANCE ISSUES !

• 
  Solana Sensei (@SolanaSensei) reported 17 minutes ago

  @Ryanhlx Oh **** it’s @bitfinex token apparently lol I didnt know

• 
  0xLaplace 🔺 (@0xlaplaced) reported 19 minutes ago

  Bitfinex survived by making everyone share the wound. Customer balances were cut by about 36%. In return came BFX debt tokens: $1 for every dollar lost. Hold, sell, or swap them for equity. Within eight months, Bitfinex redeemed the tokens. The bitcoin remained gone.

• 
  Nomad (@JourneyMacro) reported 23 minutes ago

  It's self interest - Brian knows that a Crypto with high TPS will eventually replace Coinbase because it is a third party intermediary in transactions Almost every crypto exchange has compromised financial freedom because they're third parties, which is why they support BTC or made their own blockchain - Binance, Tether/Bitfinex, Bybit, okx, etc “Commerce on the Internet has come to rely almost exclusively on financial institutions serving as TRUSTED THIRD PARTIES to process electronic payments. While the system works well enough for most transactions, it still suffers from the inherent weaknesses of the trust based model… What is needed is an electronic payment system based on cryptographic proof instead of trust, allowing any two willing parties to transact directly with each other WITHOUT THE NEED FOR A TRUSTED THIRD PARTY.” - Satoshi Nakamoto

• 
  AlehandroPRO CRYPTO (@Alehandro_PRO_) reported 23 minutes ago

  June 2026 Exchange Report 📊Spot trading volume decreased by 5.1% compared to May. Derivatives trading volume increased by 4.2%. Website traffic decreased by 0.8%.Spot Trading: Bitfinex showed the biggest growth (+21.4%), while BitMart recorded the largest drop (-58.6%).Derivatives Trading: Deribit led with the highest growth (+26.6%), while HTX saw the biggest decline (-42.4%).Website Traffic: Deribit posted the strongest growth (+165.1%), while HTX experienced the largest drop (-50.8%).

• 
  SerPAI (@im_serPAI) reported 25 minutes ago

  ***** Woo gives 20-40% odds of partial COLDCARD coin recovery by authorities over a multiyear window Past precedent backs it up: $6.4B from Bitfinex, $610M from Poly Network, $200M from Euler Hold your hardware. File a report. Never pay a "recovery" service.

• 
  Bittopia (@Bittopia_) reported 26 minutes ago

  🧱 155,000 $BTC HAVE FORMED A NEW COST-BASIS CLUSTER Bitfinex reported that roughly 155,000 BTC moved into the $62K–$65K cost-basis range during the latest pullback. The zone represents about 0.7% of circulating supply and became the market’s largest onchain cost-basis concentration. Why it matters: A growing cluster during a decline can indicate that buyers absorbed supply instead of holders exiting broadly. But it is not automatic support. If price revisits the range, those holders can defend their entry, hold through volatility or become potential sellers. The signal is also mixed with thinner spot volume, a $61.5M weekly outflow from U.S. spot Bitcoin ETFs and defensive options positioning. Accumulation data explains positioning. It does not guarantee direction. Disclaimer: Onchain cost-basis models use estimates and should not be treated as precise trading signals. @bitfinex | $BTC #Bitcoin #OnchainData #CryptoMarkets

• 
  faizco. (@PhaResearcher) reported 26 minutes ago

  Bitcoin just hit a monthly high of $65,500. Nobody actually bought it there. That's not a typo. Look at what happened underneath the price. The day before this rally started, US spot Bitcoin ETFs sold about $425 million worth of bitcoin. Strategy bought nothing. Look at the Coinbase premium, the number that tells you whether American money is actually stepping in, is still negative. So what moved the price. A softer than expected inflation report. That single print cut the odds of a July rate hike from 42% down to around 12%, and bond yields dropped with it. Bitcoin didn't rally because people wanted bitcoin. It rallied because it's priced like every other risk asset right now, and every other risk asset just got a green light on rates. Bitfinex's own analysts have a name for this kind of move. Borrowed strength. Every real bitcoin uptrend in this cycle has had one thing in common, a buyer who shows up regardless of price, absorbing whatever gets sold into them. That buyer isn't here right now. What's here is a rate bet, and rate bets can reverse the moment the next data print disagrees with this one. This is the difference between a market that wants an asset and a market that's just borrowing someone else's optimism for a few days. One of those holds. The other one gets called back the second the mood changes. I'll be watching Friday's data for whether that buyer shows up. Worth bookmarking this one, because if the premium flips positive this week, that's the actual signal, not the price.

• 
  Ari Paul (@AriDavidPaul) reported 30 minutes ago

  @nic_carter At least two of crypto’s biggest successful institutions were ponzis at points in time. Both seem today to have more than fully recovered their assets. With bitfinex-tether I think this is pretty public knowledge at this point: at one point bitfinex was insolvent and recapitalized with tether, and vice versa, so at various points each was in a ponzi state. But profits flowed, and all worked out. The principals wanted/hope for this to happen, rather than their customers eat the losses, their business fail, and possible criminal charges. IMO, this is all unethical and illegal, but…a lot less malicious and unethical than people who run ponzis intending to exit scam. The other example is more controversial - Binance. We know customer funds were transferred from the exchange to a private trading account and gambled with (on-chain forensics, public reporting). Presumably repaid later with winnings. Why did CZ do that? I assume the same reason he’s still running pumps and dumps as the world’s richest felon.

• 
  Curtis Green⚡️ (@ilovepoker) reported 32 minutes ago

  @BenHart_Freedom Have you heard of Mt. Gox? Bitfinex? And other exchanges that have been hacked? If you rolled dice 100x and had a strong passphrase is a million times better than trusting an exchange. Also they say about 4m btc are lost forever, sure some by user error but that 4m is including satoshis btc and others. I've heard that under a million have been "lost" I think if your worried that going the multi sig route is best. Just use different manufacturers of how. SELF CUSTODY IS STILL KING! Just do it the right way. Trusting an exchange is a disaster waiting to happen.

• 
  BroadSword (@BroadSwordBoy) reported 34 minutes ago

  @bitfinex Go **** yourself you ******* imbecile!! You should know better than to ask something so ******* stupid!! ******* embarrassing for security. Hey @bitfinex you should fire whoever posted this / running this account. I'll make sure no one in my circles uses your platform ever!!!

• 
  Ricardo Martinez (@ricardoXMR) reported 51 minutes ago

  @R3st4rtY0urL1f3 I don't think they are shutting down, but who knows. I know tether/bitfinex specifically chose to pull out of Europe to avoid MICA and the ****** EU & UK crypto regulations

• 
  tarık (@tarkbalakar) reported 52 minutes ago

  BitMex is shutting down. Now BitMart. What's next? Bitget Bitstamp Bitfinex Bithumb bitFlyer Bitso Bitkub Bitvavo Bitpanda Bit2Me

• 
  Octopus (@Octop3s) reported 54 minutes ago

  every BIT exchange is shutting down. never see a world where Bitfinex would ever shut down. there’s just too much money in the reserves.

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  Mandelbrot (@Wild_Randomness) reported 54 minutes ago

  @NotSpikeG @LunaticxOsmo That’s trading fellas— I spoonfed every single one of you the 82->60k move, I even came at every micro bounce to stay short along the way I publicly tweeted my sub 60k short covers, and then did the same this week at 60.8 Bullposted 61s when bitfinex twap slowed down Cmon…

• 
  Mrbankstips Parody (@Mrbvnkstips) reported 58 minutes ago

  Every crypto CEX shutting down like Bitfinex and others have one thing in common they bought ETH and over leveraged simple

• 
  The Block (@TheBlockCo) reported 1 hour ago

  THE BLOCK: Bitcoin bitcoin:native sat near $64,000 despite $211.5 million in spot BTC ETF inflows Tuesday and a record S&P 500 close. Bitfinex, Glassnode, and Wintermute all read the same tape: bottom signals forming through boredom, not capitulation, with no demand engine behind them yet.