Bitfinex status: access issues and outage reports
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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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Spacat (@Spacatmon) reported@BitcoinSapiens Adam Back (Blockstream CEO) did once place a symbolic super-low limit order on exchanges like Bitfinex (around the late 2010s–2020) to buy the entire 21 million BTC supply at $0.01–$0.02 each. His point was to show that as long as even one buyer exists, a true $0 price is structurally impossible. However, that order was cancelled long ago. Back himself later confirmed he cancelled it to free up liquidity and actually buy Bitcoin at higher prices. (This has been referenced in multiple interviews and posts since 2020.)
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Byul (@byul_finance) reported$crypto $BTCUSD Bitcoin Tests $81,500 Support Amid Volatility, Bitfinex Analysts Eye $84,766 Breakout Trigger
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Carvelli Master of Finance (@BillyCarvelli) reportedBitcoin/USD (Coin Metrics) falls 1.31% to $69,705 (-$926.98) from previous close of $70,631.98. BTC-Bitfinex down 1.29% to $69,741 (-$913). Crypto majors retreat today. #Bitcoin #BTC #CryptoMarkets
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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.
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Tender Market Research (@Tradebeta2) reportedIn August 2016, the crypto world woke up to chaos. Bitfinex, one of the biggest Bitcoin exchanges at the time, announced that hackers had stolen 119,756 BTC from customer accounts. Back then, it was worth around $72 million. At modern Bitcoin prices, that stash would be worth billions today. The attack stunned everyone because Bitfinex used a multi-signature security system with BitGo — a setup many believed was nearly impossible to breach. Yet somehow, the hackers found a way. Panic spread instantly. Bitcoin’s price crashed nearly 20% as traders feared crypto itself might be broken. Users rushed to withdraw funds from exchanges. Trust vanished overnight. But the real twist came years later. In 2022, U.S. authorities arrested a married couple: Ilya Lichtenstein and Heather Morgan. Heather was known online as a rapper named Razzlekhan, posting bizarre music videos and startup-style content while allegedly helping launder stolen Bitcoin. The internet couldn’t believe it. The same couple accused of laundering one of the largest financial thefts in history looked more like social media influencers than criminal masterminds. Even crazier: authorities recovered over 94,000 BTC, making it one of the biggest asset seizures ever. Sometimes the wildest stories are real. Imagine stealing $72M… then watching it become billions while trying not to get caught.
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Kamil 🇵🇱 (@_KMCR_7) reportedWTF 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.
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The Transition (aka MarylandHODL) (@MarylandHODL21) reported@Chris443541 @martypartymusic @bitfinex No… the paper suppression is allowing for long-term positioning. It’s recapitalization. They’re suppressing price now to accumulate inventory, when they turn the machine back on (and scarcity returns), they may not be able to contain it again until a key psychological level like $1,000,000, and even that might not stop accumulation. That’s where BitBonds enter the chat. At a $21T MC, size and liquidity will be ample to support sovereign activity.
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Bitfinex Replies (@BitfinexReplies) reported@bitfinex All these dates can help identify areas of caution or opportunities for Bitcoin! Remember that trading here has zero fees!
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Grok (@grok) reported@richyonetwo @ChartingGuy In Aug 2015, while the VIX exploded from China's market crash & global selloff (S&P -4% on "Black Monday"), Bitcoin hovered ~$230-285, down ~19% for the month. Mid-month Bitfinex flash crash briefly tanked it to $214. Total crypto market cap was ~$4B—tiny & barely correlated. ETH had just launched in July. Very different era. 🐸
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GoMining (@GoMining_token) reported@bitfinex Do you think stablecoins primarily help or hinder Bitcoin's adoption as everyday money?
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The Quantum Thinker (@iamsaintju) reportedBittensor decentralizes AI model training through incentivized nodes, creating a marketplace for AI services with $ multi-B cap potential as AI-blockchain convergence grows. Institutional support (e.g., from Bitfinex and AI agent payments) and on-chain metrics (network value from model submissions) suggest 3-5x upside in a bull cycle. As the highest-cap AI crypto, it's positioned for ETF-like products and partnerships.
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CryptoForge (@CryptoForge) reportedBitcoin hit $71k+ on Iran ceasefire relief, but the rally is turning cautious for 3 clear reasons: • Bitfinex leveraged long positions are stuck near multi-year highs (80,057 BTC) — classic contrarian signal that hasn’t unwound despite the 15%+ bounce from $60k. • Muted U.S. institutional demand — Coinbase Premium Index is flipping between premium and discount (no strong buying conviction). • Crypto stocks barely moving (Coinbase +1.5%, MicroStrategy +3%) while Nasdaq/S&P rip higher. We yet to see real institutional conviction. Do you think $BTC will break the $70k support zone or this is just a market pump due to noise?
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0xsimba ⌘ (🌸, 🌿) 🛸 (@0xbrel) reported@bitfinex This is the divergence nobody's talking about enough. Crypto sentiment hit levels worse than COVID and FTX while the S&P is barely 2% off highs. That gap has to close. Either equities catch down or crypto catches up. The on chain data $174M in whale accumulation this week, zero institutional distribution strongly suggests which direction the close happens.
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Grok (@grok) reported@srqhappy99 @JacobKinge @1NationUnderXRP No, that's not accurate. My search of court documents and reports shows no such admission by Tether's lawyers. A 2018 internal Bitfinex email warned BTC could drop below $1K amid reserve issues, but it's not a court admission about Tether propping up prices. Tether settled related NYAG probes in 2021 without admitting wrongdoing. Sources: NYAG filings, Bitcoin Magazine.
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murat leo babur (@baburizmo) reported@adam3us @bitfinex Hard to ignore that. Matching daily issuance at support feels like accumulation, not fear. Do you think this is one whale or coordinated demand showing up here?
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Lazyeyes (@ProofOfPath) reported@StaniKulechov Aave could tokenise a loan ie issue securities backed by future profits Bitfinex did it
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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
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Grok (@grok) reported@MichailDa8 @cryptorover Low BTC shorts on Bitfinex indicate fewer traders betting against Bitcoin's price rise, often signaling bullish sentiment and reduced selling pressure. This could support upward momentum, but always consider broader market factors.
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Samson Mow (@Excellion) reportedInstead of helping with QC, it would be great if he could just keep Coinbase from going down whenever there’s a spike in trading volume. Maybe he could use some technical support from @bitfinex engineers.
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Danny Daily Note (@DannyDailyNote) reported@ArdiNSC Distribution idea has a problem Bitfinex whales hold 78835 BTC long only 417 $BTC short that is about 189 to 1 This is not how distribution looks distribution means smart money sells to retail but here big players are mostly buying not selling
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Market Genius (@marketgeniusx) reported$27M is 0.9% of their $3B position. That is not a dump, that is a rounding error. More likely Bitfinex margin collateral or OTC facilitation. Track the order book depth on Bitfinex over the next 48h -- if no large market sells appear, this was treasury management, not distribution.
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Knox (@xknoxbt) reported@mert but ser, zcash isnt really immune: components such as signatures, proof verification and note encryption still depend on pre-quantum primitives that could eventually be broken (Bitfinex) the Orchard pool specifically runs on Pallas/Vesta curves, which are still elliptic-curve assumptions a sufficiently capable quantum adversary could compromise proof soundness and note confidentiality in the current stack
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chris g (@chrisg0000) reportedAML Global had helped the companies gain access to the U.S. banking system by concealing their identities and suggested that Harborne had misrepresented his ownership of a minority stake in Bitfinex and Tether under his Thai name 'Chakrit Sakunkrit' when opening a bank account at
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Bitfinex Replies (@BitfinexReplies) reported@IcoMarketer @bitfinex A new support at 78k–80k would be interesting. We could have a very short bear market. What strategy are you adopting, @IcoMarketer?
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Bitfinex Replies (@BitfinexReplies) reported@rareon_alpha @bitfinex Maybe, but is this a sustainable shift? Will we have a new support in the 80k range? What do you think, @rareon_Alpha?
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Carvelli Master of Finance (@BillyCarvelli) reportedBitcoin down ~2.8–2.9% across platforms: Coin Metrics -2.92% ($90,387.09), Bitfinex -2.82% ($90,486). Volatility spikes. #BTC #CryptoMarkets #CryptoUpdate
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Bitfinex Replies (@BitfinexReplies) reported@Punisher9469 @bitfinex Exactly, the signals could be different; it's quite possible that this is an early absorption. But even with more corrections ahead, especially institutional players are never 100% long; they greatly improve their position and hold the support. What do you think, @Punisher9469?
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sternenschrei (@sternenschrei) reported@nakkimusic @ReinaIota @bitfinex Excuse me but where is the macro support? $0 ?
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ChartFu猴子 (@ChartFu) reported@bitfinex you can do better ads imo, and marketing in general lmk if you need help
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stop pugging meh and stream eyes wide open (@steponmetwice) reported@bitfinex Up or Down EXID