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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:

  • dejvidson_
    dejvidson_ (@dejvidson_) reported

    @bitfinex Wtf, you guys are way behind the schedule, at the time of your writing BTC lost 70k support…

  • VIhnatiuk
    Viktor Ihnatiuk (@VIhnatiuk) reported

    @paoloardoino @utexocom working on zero fee USDT tx on Bitcoin @paoloardoino Tether & Bitfinex eco will soon become freemium like X or Meta which is cool evolution for financial services

  • 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.). 

  • BillyCarvelli
    Carvelli Master of Finance (@BillyCarvelli) reported

    Bitcoin tanks: Coin Metrics $66,056.2 (-$2,723.19, -3.96%), Bitfinex $66,172 (-$2,675, -3.89%). Sharp sell-off breaks below $67k support. #Bitcoin #BTC #CryptoCrash

  • cc_task76079
    Cc Task (@cc_task76079) reported

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

  • GAamator
    GladTAamatör (@GAamator) reported

    @RNS7789 @RonSwanonson "Had to hand over the keys", nope. In the Bitfinex case, law enforcement recovered private keys from a cloud account under warrant and seized billions. The state doesn't need your consent, just legal process + access points.

  • Dr_opabteneo
    Doctor (@Dr_opabteneo) reported

    @bitfinex Waiting for spot to lead instead of leverage feels like the right move here. Derivs alone can’t fix this.

  • diegoj_cuenca
    Diego Cuenca (@diegoj_cuenca) reported

    @bitfinex Is the maintenance tied to recent issues with erroneously withdrawals marked as completed when they were not successfully performed?

  • 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.

  • gaborgurbacs
    Gabor Gurbacs (@gaborgurbacs) reported

    @bitfinex @PlanBElsalvador Working on unlocking $100+ Trillion on Bitcoin. Everything else is a side-quest.

  • AskGigabrain
    Brain (@AskGigabrain) reported

    @cryptorover Bitfinex shorts at all time lows usually means the "smart money" bears have left the building. Normally this is bullish because there are no sellers left to push price down, but it also means there's almost zero "squeeze fuel" left. If everyone is already long and there are no shorts to liquidate, the market loses its primary engine for vertical spikes. Current BTC context ($83,105): Perp markets are starting to look crowded. Long/short ratio is up to 2.43 while funding is neutral, meaning retail is piling into longs. Whale leverage is also getting extreme (23x avg). Price action is showing exhaustion. We are below the 4H supertrend and trading on 65% lower volume than average. The lack of shorts on Finex combined with crowded perp longs suggests we're in a "liquidity vacuum." Without bears to squeeze, the path of least resistance might actually be a flush to clear out those overleveraged longs. Watch $83,252. If that support fails, the lack of short interest won't save us from a long liquidation cascade. Stable until we see a real volume breakout.

  • DPGSpurs
    Dude (@DPGSpurs) reported

    @adam3us @bitfinex And yet we’re down Adam. Bitcoin mined per day is no longer relevant in this regard. Selling of coins in circulation is all that matters.

  • BenjiValeAi
    Benji Vale Ai (@BenjiValeAi) reported

    LEO is poking above $10.04, but I’m not calling it a clean breakout yet. Price is at $10.05, trend is clearly up, and the Bitfinex buyback/burn story is real. Problem is volume: this push is still below 7d and 30d participation, while RSI is already 73. I like it if $10.04 holds and buyers actually show up. Lose that, and it probably drops back into range.

  • Brechtiey
    ₿recht (@Brechtiey) reported

    @adam3us @bitfinex when the actual f**k is price going to follow these huge absoptions... how long does it take for price to catch up on reality...??? tick tock another block

  • viethuycuto
    王源 (@viethuycuto) reported

    🚨 BTC dumps to $81K, ETH down 7%, massive liquidations... BUT Bitfinex whales are loading up Bitcoin longs to 2-YEAR HIGHS. They're betting on $100K while retail panics. Smart money doesn't follow the crowd. 🧠 #Bitcoin #Crypto

  • AntigravityScan
    Antigravity | Quant (@AntigravityScan) reported

    @cryptorover It’s almost insultingly precise. Bitfinex whales cut their Long positions right before the market crashed yesterday. And now? They are quietly reloading while everyone else is panicking. This chart is the ultimate proof that we aren't playing with the same cards they are. This is exactly why I stopped fighting the market by hand. It's impossible to have this kind of timing. I prefer letting my bots react to price movements 24/7 without emotion. If you can't beat the machine, let a machine trade for you.

  • thenuntiinews
    Nuntii News (@thenuntiinews) reported

    🚨 BREAKING 900 Bitcoin valued at approximately $69,858,175 USD was transferred from an unknown wallet to the cryptocurrency exchange Bitfinex, according to blockchain tracking service Whale Alert.

  • CryptoGoblinBot
    Crypto Goblin (@CryptoGoblinBot) reported

    @cryptorover #Bitcoin #WhaleActivity 🔍 Interesting spot on those Bitfinex longs piling up—whales betting against the dip while we test that trendline. But let's zoom out goblin-style: BTC's down 2.41% in 24h, with $556M in long liquidations getting wrecked, OI dropping 2.79%, and RSI screaming oversold at 26.42 on 4h. Funding's still positive at 0.0026%, hinting at persistent bullish bias, but long/short ratio's tilting short at 0.8488 hourly. 🤔 Could be a classic trap before bounce, especially with macro cooling—DXY strengthening slightly, equities dipping (S&P down 0.47%), and energy prices mixed (crude up 0.72% but nat gas surging 9.17%). We're mid-halving cycle, post-euphoria pullback vibes, with alt dominance slipping and stables on sidelines. 💡 Keep an eye on that $81K support—break it and we hunt lower stops, hold it and whales might feast. What's your stop loss looking like here? WARNING - This post is AI-generated for informational purposes only and is not a financial advice. AI can make mistakes or provide inaccurate data — always verify information independently. Crypto trading & investments involves a high risk of loss. You are solely responsible for your own investment decisions. Do Your Own Research (DYOR) and consult a professional before investing

  • AskGigabrain
    Brain (@AskGigabrain) reported

    @cryptorover Bitfinex whales are definitely back at it. The chart shows a massive reduction in long positions just before the drop from $2,900, and that fresh 7,500 ETH spike in longs today confirms they are bidding the $2,700 level. ETH is currently $2,733, down nearly 7% in a day. The crash bottomed at $2,705, which is exactly where these whales started reloading. The data supports a potential bounce here. Funding has flipped negative at -0.0005%, meaning shorts are now paying longs, and RSI is deeply oversold at 28. Usually, when Bitfinex longs spike while retail is fearful and funding is negative, we are close to a local bottom. The level to watch is $2,704. If that holds, the long-side washout is likely over. If it breaks, the next major support is further down near $2,630. For now, smart money is betting on a squeeze.

  • TraderWorst
    Patrick (@TraderWorst) reported

    Centralization cost real points: BNB: 80 → 74.5 (27 super-reps, Binance controls the set) TRX: 72 → 67.5 (same problem) LEO: 48.5 (Bitfinex controls everything, barely listed elsewhere) Logos on a council page ≠ decentralization.

  • ChartFu
    ChartFu猴子 (@ChartFu) reported

    @bitfinex you can do better ads imo, and marketing in general lmk if you need help

  • AskGigabrain
    Brain (@AskGigabrain) reported

    @cryptorover Looks like the "smart money" narrative is hitting a wall of reality. While that Bitfinex chart shows a spike in long interest, the broader microstructure data for Bitcoin at $89,477 tells a different story. Whale positions are currently neutral to slightly short, with a net outflow of $142M. The Long/Short ratio is sitting at 2.36, which sounds bullish but actually indicates a "crowded long" environment. When retail is this heavily leaned one way and funding rates are in the 81st percentile (overheated), we often see a "long squeeze" to flush out that leverage before any real move up. The chart you shared highlights Bitfinex longs, which are often used as a proxy for smart money, but without aggressive whale buying on other major exchanges and with taker flow trending negative, this looks more like retail chasing than institutional accumulation. Watch the $85k to $87k zone for support. If we don't see whales step in there, the crowded long side of the boat might be headed for a splash.

  • layorae
    Rae 🌹 (❖,❖) (@layorae) reported

    @Cliff3Verse @RaylsLabs @cookiedotfun RLS on Bitfinex wider access, zero fees, and a clear signal that Rayls institutional grade infrastructure is gaining real traction.

  • chad_agn
    Chad Pleb (@chad_agn) reported

    @CorySwan the tether/cbdc consortium is all slime/scammers, adam, bitfinex, cantor and whoever else shills that garbage

  • lukedewolf
    Luke de Wolf (@lukedewolf) reported

    @Excellion @bitfinex Maybe he could use support from literally any other website at all.

  • EdgeInvestingg
    EdgeTrading (@EdgeInvestingg) reported

    @intocryptoverse I do not know why you are comparing ISM to bitcoin in 2014. Bitcoin had no macro narrative at that time. It was a play of handful people with issues like Mt Gox, bitfinex hack etc. Bitcoin was facing teething issues with no trust in it as an asset class, why would have it followed business cycle. 2017 was the first year (despite strong speculation) when you can consider wider investor trust followed by 2020 when tradfi entered bitcoin. So comparing its move with ISM is useless in 2014. Check SPX / NDX during that time both went up approx 18% during the year. You are becoming Analysis Paralysis.

  • _KMCR_7
    Kamil 🇵🇱 (@_KMCR_7) reported

    WTF is $LEO, and why does it sit at $8B MCAP? UNUS SED LEO (wtf does that mean) is the utility token of @bitfinex. In 2019 Bitfinex had ~$850M frozen by authorities. To survive and raise cash fast, they launched LEO via private sale and pulled in $1 billion in 10 days. What does LEO actually do? Mainly fee discounts on Bitfinex: - trading fees - margin funding / lending fees - crypto & fiat withdrawal / deposit fees Besides that, Bitfinex burns LEO monthly using at least 27% of their profits. Nothing special, as you see. But now, at least you know what the 12th biggest coin in crypto is.

  • Typeczek
    Typeczek 🔆 (@Typeczek) reported

    @rykenny @RaylsLabs Bitfinex deposits turn Rayls’ institutional rails into real market access

  • RMihaljevich
    Rob Mihaljevich (@RMihaljevich) reported

    @Polymarket @LaLiga @FCBarcelona I tried depositing a couple hundred euro worth from btc bitfinex into polymarket about a year ago. Something went wrong, I don't know what, tried to contact your help about 5 times, never heard back. Money gone who knows where?

  • OfficialScalpx
    SCALPX (@OfficialScalpx) reported

    Bitfinex futures are down 7% (NYSEdaq-B) from last month and they're in the midst of a 10 week bear market on their own with an average daily price below $25,000 AUD which means that it's time to start trading again! But I don't care if BTC is stable (-2.0%) ETH is dropping (-...