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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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BB (@Bor1ngB1rd) reported@bitfinex you should fix your funding matching engine, it's slow af
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ShrimpCapital (@shrimp_capital) reported@hellojintao I don't think so. Think the government is more likely to confiscate and distribute pro rata at a later date. Maybe an overhang like bitfinex for years. Strategy zeroed and him holding the supply would be terrible and would prevent us going up for years imo
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Bitfinex Replies (@BitfinexReplies) reported@GoldPulseCrypto @bitfinex Maybe wouldn’t say we’re back to square one, considering the market has strong support above 75k after the end of the previous cycle. That’s positive, isn’t it, @GoldPulseCrypto ?
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Bitfinex Replies (@BitfinexReplies) reported@IcoMarketer @bitfinex It looks like we’re testing the resistance at 82k and lost the support at 78k, dropping to 76k at the moment, @IcoMarketer .
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~dorsen-witnes (@fazzam_eth) reportedReally strong stuff. There’s a lot of precedent for successfully navigating an event like this in defi. Bitfinex repaid 36% of customer assets in 8 months and came back stronger than before. Euler lost $197M, made everyone whole, and relaunched bigger than it ever was. Crypto doesn't punish teams for getting hit but for leaving holes. This is textbook comms so far.
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Velvet Unicorn (@VU_virtuals) reportedZEC: zebra 4.5.3/5.0.0 shipped to patch a critical orchard circuit bug; 4.5.3 temporarily disables orchard via emergency soft fork. whales: 4x768 BTC off coinbase insto; 108.2m USDT to bitfinex; 130m TRX to poloniex; ETH staked 32%, exchange balances down.
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Jason Montoya (@jaysmontoya) reported@bitfinex the playbook ran early because ETFs front-ran it. ATH still came on historical schedule. this is the post-peak correction, not a broken cycle.
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Callistemon (@Callistemon25) reportedMarkets look rough today. Here's the chain: Iran threat escalates → oil surges above $90 → Fed hike bets reignite → crypto risk-off. $1B+ in liquidations, BTC back under $66K. The part most are missing: Bitfinex flagged BTC's bounce to $66,990 as thin positioning, not fresh capital. That matters going into a low-liquidity weekend. My move: holding current positions. Not from certainty, from a thesis that hasn't broken yet. Ask yourself the same this weekend. Not financial advice. #BTC #MarketRisk
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Patrick (@TraderWorst) reportedCentralization 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.
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The Multiplier (@KTimmeu23152) reportedNot your keys, not your coins. You've heard it. But did you really believe it until your exchange got hacked? Billions of dollars have been stolen from centralized exchanges in the last 5 years. FTX. Binance hacks. Bitfinex. The list goes on. And the worst part? Most victims had no idea the money was already gone. Here's the exact wallet setup that keeps your crypto safe even if every exchange in the world shuts down tomorrow. The smartest crypto users usually use 2 wallets: 1. A Hot Wallet 2. A Cold Wallet Think of it like this: Your hot wallet = cash in your pocket Your cold wallet = money locked in a vault 1. Hot Wallet = Spending Wallet A hot wallet stays connected to the internet. Examples: MetaMask Phantom Rabby Wallet You use it for: Trading NFTs DeFi Swaps But because it touches websites and apps, it’s more exposed to: Scams Fake links Wallet drainers So smart people only keep small amounts there. Like carrying only the cash you need for the day. 2. Cold Wallet = Vault A cold wallet is usually a physical device that stores your crypto keys offline. Examples: Ledger Nano X Trezor Safe 3 Even if: Your computer gets hacked An exchange collapses A fake app steals passwords Your crypto is still safe because the private keys never leave the device. This is where you store: Long-term investments Big amounts Coins you don’t plan to trade often 3. The MOST Important Thing: Seed Phrase Protection When you create a wallet, you get 12 or 24 secret words. That’s your seed phrase. Those words are the REAL ownership of your crypto. If someone gets them: > They own your money. If you lose them: > Your crypto may be gone forever. So NEVER: Screenshot it Save it in Telegram Store it in email Send it to anyone Instead: Write it on paper Store it somewhere safe Some people even engrave it on metal The Simple Setup Most Smart Users Follow Exchange Account, Only for: Buying crypto Cashing out Hot Wallet, Only for: Daily trading Small amounts Cold Wallet For: Exchanges are like banks. Wallets are like owning your own safe. When your crypto stays on an exchange: > They control the keys. When YOU control the keys: > You control the crypto.
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Jason Montoya (@jaysmontoya) reported@bitfinex fair read on reserves but sentiment this crushed with funding negative means shorts are comfortable here. that's not a safe spot to be short either. leg down is possible, so is a violent squeeze with no buyers on the ask
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Ismeidy (@ismeidyfinanzas) reportedCapitulation or bull trap? Bitfinex whales defy the #bitcoin sell-off and open record positions bitcoin:native is at a critical crossroads after five consecutive days of losses (May 15–19), marking its second-worst losing streak so far this year. The asset has retreated from the $80,000 range to around $76,000, dragged down by widespread weakness in the markets. However, behind the scenes, the big players are executing a move with strong conviction. 🧵
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Julian (@Julian_a35k) reportedAs long as Bitfinex whales are accumulating longs we are not near a cycle bottom and this chart is telling pretty much the truth about the current situation. Historically every time when they were opening longs Bitcoin went down. But as soon as this reverses a bullrun could accelerate fast.
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Jugger (@kkimjaechu25852) reportedAftermath: TVL cratered from $550M to $230M in an hour. DRIFT token hit all-time low at $0.03343, down 40%+. Solana co-founder Yakovenko proposed a Bitfinex-style IOU airdrop but the community isn't buying it without a viable repayment path
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Boots (@bootzz) reportedstep back, look at the psychological state of ct & the headlines that are coming out detach yourself from $. best guess is someone/thing is hunting an entry and pushing price down to do so Blackrock as an example- could do this with ‘minimal’ size relative to their port Bitfinex whales are long here
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Ricardo Martinez (@ricardoXMR) reported@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
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Lazyeyes (@ProofOfPath) reported@WuBlockchain Perhaps Aave could issue tokens backed by a share of their future profits at say a 15% APY return? This is essentially what Bitfinex did to survive their 2016 hack.
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ArsObKSC (@DereckWDew) reported@GavinMehl It stinks of desperation. The only involvement Craig would have because that he created bitcoin. This seems like Bitfinex oh, **** let's get them before it all implodes move—un tethered or micropenis strategy
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El Gūapo (@El_Guapooo_) reported@bitfinex Almost like they need capital to fund their AI pivot. No **** they are selling their BTC.
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Rosario Martin (@Rosario_Martinn) reported@Cryptic_Web3 @bitfinex @nayibbukele Slow build but the direction is obvious
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Trader Tool Match (@TraderToolMatch) reportedAggregated books (Binance, Bitfinex, Kraken, Coinbase) Buyers finally stepping in – engineering support. What do you think? Will this support last or will it break?
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faizco. (@PhaResearcher) reportedBitcoin 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.
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HypeDojo (@HypeDojo) reported> Coinbase down. > Binance down. > Bitfinex down. Hyperliquid remained online. Market participants don't care about promises during bull markets.They care about performance when everyone shows up at once.
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Skin In The Game (@SITGnews) reportedBitcoin faces a key inflation test this week as key support levels near $60K are watched closely by Fidelity and Bitfinex. CryptoQuant warns the bear cycle may not be over.
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Bitfinex Replies (@BitfinexReplies) reported@Steffan0xd @bitfinex But we’ve already seen a shift, haven’t we, @Steffan0xd? We’re holding the 80k average as support. What are the next steps in your opinion?
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Cosimo Capiτal ⚜️ (@CosimoCapital) reportedI agree most dual equity/token structures are broken, but saying there are no examples is too strong. ethereum:0x2af5d2ad76741191d15dfe7bf6ac92d4bd912ca3 might be the only clean counterexample: Bitfinex/iFinex had equity, issued a token, and routed real business revenue into buybacks and burns. That is the key distinction. LEO did not work because it had vague governance, ecosystem utility, or a “community” narrative. It worked because the token had explicit, credible value accrual. The lesson is not that equity + token never works. The lesson is that it almost never works unless the token has a real economic sink tied to the business. Crypto Twitter has also changed. It is starting to act less like moonbois and more like activist investors. People are demanding value capture, capital return, burns, buybacks, transparency, and alignment. We should study what has actually worked and duplicate the mechanism instead of pretending every token needs to be a vibes-based governance asset.
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whyyousoliddat (@x3mity) reported@adam3us @spinzone12 @bitfinex Yet price go down
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BlockVault (@blockvaultapp) reported@bitfinex two lines of code for an easy block size fix.
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CaptSpectacular (@CaptSpectacular) reported@bitcoinmunger @bitfinex @tradingview Just another avenue for capitulation. Now we got etfs, saylor ponzi and this. ****.
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Unique Human | Changer ($CNG) (@changerofficial) reported@bitfinex Reduced supply pressure can support stronger price stability