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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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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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Bittopia (@Bittopia_) reported🧱 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
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TU_Crypto_News (@TU_Crypto_News) reportedTony Katz says Europe cutting off Binance could trigger a wider regulatory domino effect, with markets from Australia to the US potentially following. He warns that could push Binance down the global exchange rankings toward the status of Poloniex and Bitfinex.
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FUINY7 (@FUINY77) reported@bitfinex Btc is broken, and you are delusional.
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Solana Sensei (@SolanaSensei) reported@Ryanhlx Oh **** it’s @bitfinex token apparently lol I didnt know
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Cryptocrat (@Cryptocratico) reported🚨 $167M BTC SHIFTS BETWEEN MAJOR EXCHANGES Approximately 2,572 BTC moved in two transactions from a Bitfinex-labeled hot wallet to Kraken-labeled addresses. This is a sizeable cross-exchange liquidity shift—not evidence of a sale. Customer withdrawals, custody, OTC settlement or liquidity management remain possible.
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Erik (@ero_crypto) reportedCENTRALIZED EXCHANGE ASSET FLOWS Where is capital moving across centralized exchanges this month? Looking at 30-day net flows across 65+ tracked CEXs, the picture shows a clear shift in capital and confidence between platforms. As of August 6, 2026, total CEX assets stand at $244.6B, down from $246.86B 30 days earlier — a net decline of $2.26B (-0.92%). ◾ 28 exchanges recorded inflows totaling +$893.5M ◾ 37 exchanges saw outflows totaling -$3.15B ◾ OKX: -$1.186B (-5.59%) ◾ Bybit: -$604.2M ◾ Bitfinex: +$263.91M ◾ Deribit: +$257.36M Bitfinex and Deribit attracted the strongest inflows relative to their size, while OKX and Bybit experienced some of the largest capital outflows. The broader takeaway: capital is leaving CEXs overall, but the flow between individual platforms is telling a much more interesting story.
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Morphlin (@morphlin_com) reportedRT @WuBlockchain: Bitfinex Alpha: Bitcoin Lacks Sustained Spot Buying Support Bitfinex Alpha said the softer-than-expected US June CPI pus…
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Thomas (@ThomasOyxxx) reported𝐄𝐯𝐞𝐫𝐲 𝐜𝐡𝐚𝐢𝐧 𝐧𝐞𝐞𝐝𝐬 𝐚 𝐟𝐚𝐜𝐞. 𝐒𝐭𝐚𝐛𝐥𝐞 𝐦𝐢𝐠𝐡𝐭 𝐡𝐚𝐯𝐞 𝐟𝐨𝐮𝐧𝐝 𝐢𝐭𝐬 𝐢𝐧 𝐚 𝐛𝐥𝐮𝐞 𝐝𝐢𝐧𝐨𝐬𝐚𝐮𝐫 𝐰𝐢𝐭𝐡 𝐚𝐧 𝐨𝐯𝐞𝐫𝐛𝐢𝐭𝐞. Culture isn’t designed. It’s discovered, usually by accident. A toy photo, a broken render, a nickname that stuck. That’s how $FEFER was born. Not from a whitepaper, not from a marketing plan. From CT deciding a jaw that never loaded was funnier than anything a team could have scripted. ➜ First launch failed ➜ Team stepped back ➜ Community didn’t That sequence matters more than people give it credit for. Most memes die the moment the original push loses steam. Fefer got a second life because the people holding it treated the token like it was worth continuing, not restarting. ➜ Relaunched on @coinsdot + @Stable ➜ Snapshot of 4,827 original holders ➜ Airdropped directly, no claim forms, nobody left behind That’s not a small detail. Snapshotting the original holders instead of starting a fresh cap table is the difference between “new project borrowing an old joke” and “same community, new chapter.” Where it stands right now: ➜ $3.9M market cap ➜ $569K liquidity ➜ Live on a USDT-powered L1 backed by Bitfinex and PayPal Ventures Stable is still early. Its identity is still being written in real time, and the projects active in it now are the ones that end up shaping what people associate with the chain later. $FEFER isn’t trying to win on utility. It’s trying to win on being unforgettable, and a meme that survives its own failed launch and still gets airdropped back to the exact people who believed in it the first time is hard to forget. Nobody decides which meme becomes the face of a chain. The timeline does. 👀 Fefer didn’t restart. Fefer continued. CA: 0xDEeE8f25fe3B5C33AeF78637278ACBFF23EeBFa6 Always DYOR and verify the contract before interacting. @savefefer
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Alex Thorn (@intangiblecoins) reported@BTCGUS21 @knutsvanholm coinbase famously did not list both. they didn’t list BCH until late 2017, and then to much controversy as it looked as if perhaps there was frontrunning of the listing however there were BCH perps on bitfinex to help the market determine its value, and some other exchanges did list BCH spot fairly quickly the most famous case of dumping BTC for BCH i’m aware of was jihan wu not seeing liquid perps, exchange statements about perps, major miner signaling re BIP-110 today.. appears to be an extreme minority
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Giacomo ShadowUNbanned Zucco (@giacomozucco) reported@gegelsmr4 Interestingly enough, this (interesting) ethical problem is only practically relevant if you are going to send the feds after them. Which is a retarded thing to do anyway, since the feds steal much more money (with violence and guns, not "finding" it) and even if they caught the attackers would keep the loot for themselves (cf Bitfinex). So it's a theoretically important question which cyphertank theory makes irrelevant: just make your keys hard to find.
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NineInchTrails (@nineinchtrails) reportedBTC We went lower. And imo BTC looks like it wants to go lower soon again with breaking $60k eventually. Several BOSs. Closed below demand. Closed below CME gap. Closed below HTF range EQ. USDT.D now BOSs after the SFPs after the bullish 3 drives. Very bullish structure. Confirmed accumulation imo. Also crossed several fibs already. Now in supply. But overall imo USDT.D looks like it wants even higher. All on the daily as well. BVOL out of support. BTC Longs on Bitfinex moving up nearing the next supply level that could indicate a possible local bottom of $44k-$48.9k. So a clean HTF redistribution to me here. The level between $68kish and $70kish acted as a strong "downside trampoline" like I thought. CME Gap + FVG + Range EQ + strong bullish level before at the move up. Things further speed up in terms of going down as thought. Don't know if it's just a coincidence and bs or if I turned knowledge into correct learnings. Waiting for a close below $62.kish SL for confirmed SOW. And as far as I get it there's also no real HTF liquidity there. Would support the idea of a further fast move down. And I think if we close below the $60kish low the probability is very high that we could go all the way down to the $44k-48.9k region for the next local bottom afterwards. FIFA World Cup could act as a nice distraction then maybe, to make the herd believe "everything is good, it's already going up again". HTF Bias: still bearish Main Thesis: we could go below the Feb 6th $60.kish low. Invalidation: in case we should close above $90.kish we have a bullish ChoCh on the daily. // As already stated often but again here and there: Below a TA beginner and not trading yet. So just paper trading here for improving TA.
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Youngsky01 (@DaneiCesario) reported@bloom_pegnmk6 @bitfinex Satoshi also wouldn't recognize half the things people call "blockchain" today—he was solving a specific problem (trustless payments), not inventing a hammer for every nail in existence
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Wall Street NYC Quant. bitcoin-fund-manager.com (@BITCOINFUNDMGR) reportedWTF is going on with $leo by @bitfinex? Are they still buying it back to add to treasury? Price is up 10x continually last 5 years. It looks just like bitcoin when under $100. Also looks like $bnb in 2017. Might be smart to hold a few. Remember. Bitfinex owns USDT Tether. They can do anything they want.
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Victor (@gvictor808) reported@ProofOfMoney Bitcoin custodian (and exchange) failures form a long-running pattern of hacks, key mismanagement, fraud, and insolvency that has repeatedly locked or destroyed customer funds. These are not isolated events. Centralized platforms holding private keys create single points of failure—whether technical, operational, or human. Major Historical Failures Platform Year Estimated Loss Primary Cause Notes Mt. Gox 2014 ~850,000 BTC Prolonged security breach / poor controls Once handled >70% of global BTC volume. Bankruptcy; partial creditor repayments began years later and continued into 2025–2026. Net unrecovered portion still very large. Bitfinex 2016 119,756 BTC Multi-signature wallet vulnerability Significant hot-wallet/security failure. QuadrigaCX 2019 ~76,000 BTC + other assets Founder death + sole key control / alleged fraud Canadian exchange; Gerald Cotten held sole access to cold wallets. Funds largely inaccessible. Celsius 2022 Several billion USD Insolvency / risky lending Withdrawal freeze then bankruptcy after market downturn. FTX 2022 ~$8 billion shortfall Fraud (customer funds diverted to Alameda) One of the largest exchange collapses. Bankruptcy proceedings later recovered substantial value; some creditor classes received >100% of petition-date claims due to market recovery and asset management. Other notable cases include Prime Trust (2023) and related entities such as Fortress Trust, which faced insolvency, lost access to wallets/keys, and allegedly used customer funds improperly to cover shortfalls. Broader Context and Patterns •Hacks remain common (e.g., Bybit’s large 2025 incident involving ~$1.4–1.5 billion, primarily ETH, attributed to sophisticated attackers exploiting operational processes). •Key management failures (lost or inaccessible private keys) and commingling/misuse of customer assets appear repeatedly. •Insolvency cascades in 2022 (Celsius, Voyager, BlockFi, Genesis, FTX) showed how lending and leverage amplify risks when platforms treat customer deposits as their own capital. •Recovery is often slow and incomplete. Mt. Gox creditors waited a decade-plus; FTX moved faster with better asset recovery but still involved multi-year processes and frozen access during bankruptcy. Independent archives tracking custody access failures (including exchange lockouts, inheritance issues, and operational barriers) document hundreds of cases, with a high percentage of known outcomes ending in blocked or constrained access for legitimate owners or heirs. Key Lessons Custodial arrangements introduce counterparty risk: you rely on the platform’s security, honesty, solvency, and operational competence. History shows these can fail catastrophically even at large, seemingly reputable firms. Self-custody eliminates that counterparty risk but shifts responsibility to the individual (seed phrase security, device integrity, inheritance planning, etc.). Hybrid approaches (e.g., multisig with careful key distribution) aim to balance the two. The repeated failures reinforce the core Bitcoin principle: not your keys, not your coins. Platforms can and do lose or lock customer Bitcoin through negligence, theft, or deliberate misuse.
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Egs (@ventotene12) reported@bitfinex Bro we’re down like 10%
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PaperImperium (@ImperiumPaper) reportedThoughts: First, congratulations to Tether! Second, note this is for Tether International, S.A. de C.V. and NOT for the parent Tether Holdings, S.A. de C.V. For USDT holders, this is mostly what matters, but does not close off hypothetical scenarios where the parent company is burning down while the issuer entity stays clean. In theory, there’s corporate separation (subject to El Salvador’s laws, which I do not know). In practice, even without shenanigans, a parent entity that Has A Bad Time could dividend out all the excess reserves at any time, reducing the equity to zero. This could be to meet a margin call, tax obligation, whatever the parent needs money for. A distressed parent can also encourage the issuer to hold assets from or extend loans to affiliates (of which there are many with all the investments Tether Holdings makes) or up to the parent. And in fact loans from Tether to Bitfinex to cover a shortfall were the heart of a conflict with the NY attorney general in 2019. So if you’re the kind of counterparty that actually cares about an audit on Tether, you 1) want to see this audit, 2) want to look for related party transactions and loans, 3) look for any covenants or governance controls to keep the parent’s problems from becoming the issuer entity’s problems.
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Wu Blockchain (@WuBlockchain) reportedJuly 2026 Exchange Spot Volume Report: total $429.0 billion, MoM decreased 21.7% Spot trading volume across 14 major exchanges totaled $429.0 billion in July 2026, down 21.7% from $547.9 billion in June, with all 14 exchanges recording month-over-month declines. Binance ranked first with $196.5 billion in volume, accounting for 45.8% of the total, followed by OKX with $41.6 billion and Bybit with $36.3 billion. The top three exchanges together accounted for 64.0% of total spot volume. Among the 14 exchanges, Uniswap recorded the smallest month-over-month decline at 9.8%, followed by Kraken at 13.4% and Gate at 15.9%. Bitfinex posted the steepest decline at 59.7%, followed by Coinbase at 26.4% and Bybit at 24.5%.
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KhaiDao (@Khaikhaidao) reported@blockchainrptr bitfinex down 60% is brutal, ngl. liquidity following the flight to binance i guess.
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Lain on the Blockchain (@CryptoCyberia) reported@colludingnode @satorinakamoto @0xCursr Kek cope It it public knowledge the feds pushed coinbase binance bitfinex etc to delist and Kracken told them ti **** off and they went to court against Kracken, as did EEA, UK and other feds. Really makes you wonder why theyre fine with zcash kek
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umo (@0xumo) reported@bitfinex Terrible timing. Blocking this crap account
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Muntari Abdulhamid (@SupplyDemand29) reported$BTC BITCOIN BOUNCES TO $64,812 AND ETHEREUM LEADS - BUT DON'T GET TRAPPED Today's market is doing the exact opposite of yesterday and most people will misread it. BTC is up to $64,812 from $64,246 open. Low was $63,267, high $65,176. We bounced $1,500 from yesterday's dump. ETH is at $1,922 up 1.12%, high $1,936 low $1,872. ETH/BTC at 0.0297 - ETH is beating BTC again. So what changed in 24 hours? Yesterday Korea's KOSPI crashed 10% and dragged us to $63K. Today Korea crashed again and Bitcoin went UP toward $64K. That's called decoupling. Bitfinex predicted this. When stress is rates-driven, BTC dumps with stocks. When stress is stock-specific like chipmakers Samsung and SK Hynix, BTC decouples and holds. That's exactly what happened today. Second, Fed relief. The panic before Fed is over. Market is positioned. Bitcoin held the $63K support and 50-day EMA at $65,089 area, printed its 4th weekly gain structure intact.
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Spike (@NotSpikeG) reported@Wild_Randomness @doppel_ichi Can you explain to me the actual thesis with the bitfinex longs?Its funny how its working spot on most of the times.
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The Bitcoin Cash Podcast (@TheBCHPodcast) reported@SteveSimple Directly, no. Indirectly, a strong showing on prediction markets would influence miners' (and everyone's) thinking/support. This is even a point Mechanic has made on the Roundtable before re Bitfinex 2017 futures. Pleb-funded hash or pleb-funded HODL demand, potato poTAHto.
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Crypto Noob (@cryptonoobini) reported@bitfinex capital settling in utility says more than a meme spike slow money sticking around is the real tell
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0xLaplace 🔺 (@0xlaplaced) reportedBitfinex 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.
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Rob Leder 🟥 (@rleder) reported@romanwagmi @notgrubles The first guy used a paid account with a public blockstream explorer. I’d bet they are circling in on him. The follow-ons need to be smart enough not to screw up going forward. The Bitfinex hackers were caught after 6 years. People get lazy and make mistakes, which you can’t do when a 3-letter agency has a task force specifically dedicated to hunting you down.
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lil retard (@comic) reported@theswansjr I bought my first stack of BTC in 2013 at $300. Lost 100+ BTC to mtgox and bitfinex hacks I’ve been a long term believer but the narrative isn’t intact anymore. Performance has been terrible. Taken over by grifters. Your capital is better invested in high growth companies with defensible technology’s
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Thomas (@ThomasOyxxx) reported𝐄𝐯𝐞𝐫𝐲 𝐜𝐡𝐚𝐢𝐧 𝐧𝐞𝐞𝐝𝐬 𝐚 𝐟𝐚𝐜𝐞. 𝐒𝐭𝐚𝐛𝐥𝐞 𝐦𝐢𝐠𝐡𝐭 𝐡𝐚𝐯𝐞 𝐟𝐨𝐮𝐧𝐝 𝐢𝐭𝐬 𝐢𝐧 𝐚 𝐛𝐥𝐮𝐞 𝐝𝐢𝐧𝐨𝐬𝐚𝐮𝐫 𝐰𝐢𝐭𝐡 𝐚𝐧 𝐨𝐯𝐞𝐫𝐛𝐢𝐭𝐞. Culture isn’t designed. It’s discovered, usually by accident. A toy photo, a broken render, a nickname that stuck. That’s how $FEFER was born. Not from a whitepaper, not from a marketing plan. From CT deciding a jaw that never loaded was funnier than anything a team could have scripted. ➜ First launch failed ➜ Team stepped back ➜ Community didn’t That sequence matters more than people give it credit for. Most memes die the moment the original push loses steam. Fefer got a second life because the people holding it treated the token like it was worth continuing, not restarting. ➜ Relaunched on @coinsdot + @Stable ➜ Snapshot of 4,827 original holders ➜ Airdropped directly, no claim forms, nobody left behind That’s not a small detail. Snapshotting the original holders instead of starting a fresh cap table is the difference between “new project borrowing an old joke” and “same community, new chapter.” Where it stands right now: ➜ $3.9M market cap ➜ $569K liquidity ➜ Live on a USDT-powered L1 backed by Bitfinex and PayPal Ventures Stable is still early. Its identity is still being written in real time, and the projects active in it now are the ones that end up shaping what people associate with the chain later. $FEFER isn’t trying to win on utility. It’s trying to win on being unforgettable, and a meme that survives its own failed launch and still gets airdropped back to the exact people who believed in it the first time is hard to forget. Nobody decides which meme becomes the face of a chain. The timeline does. 👀 Fefer didn’t restart. Fefer continued. CA: 0xDEeE8f25fe3B5C33AeF78637278ACBFF23EeBFa6 Always DYOR and verify the contract before interacting. @savefefer
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DA₿OLOSKOV (@daboloskov) reported@BFXSecurities @paoloardoino @bitfinex Are you guys can answer to your customer? Your support form certificate is no signed anymore and outdated.