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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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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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Solana Sensei (@SolanaSensei) reported@Ryanhlx Oh **** it’s @bitfinex token apparently lol I didnt know
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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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FUINY7 (@FUINY77) reported@bitfinex Btc is broken, and you are delusional.
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SANDY.CRYPTOMAN (@SanMSH21) reported$Bitcoin ----Most Costly Mistakes The $44 Billion Bithumb Blunder (2026) A Bithumb employee accidentally sent 620,000 BTC instead of 2,000 Korean Won to users, forcing a massive, near-total network rollback and asset freeze. $44.000 Billion — Bithumb Error (2026) $9.000 Billion Mt. Gox Repayment Move (2024) $3.600 Billion DOJ Bitfinex Seizure (2022) $1.000 Billion DOJ Silk Road Move (2020) $0.003 B. Record Transaction Fee ($3.1M in 2023) $0.001 Billion Paxos Overpayment ($510,000 in 2023)
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Giovanni Colombo🌹⚡️🇸🇻 $69Mil gang founder (@____Holyspawn) reported@bitfinex There is clearly no correlation sigma at all between these 2. And correlations , even at sigma above 0.9, could still means deep ****, even eggs price could be more significant than this one vs #Bitcoin. 🌹
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sradic (@_sradic_) reported@bitfinex @paoloardoino @CRYPTO101Pod "Volume up, customer base up". Yeah, and? No fees, remember? The only saving grace could be if you're taking a cut from the lending market. If that's the case, bravo.
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- ,, berrygummy🧸 ·˚ ༘ ꒱ (@inipitriii) reportedAnalysts predict Bitcoin Bitfinex Longs chart trend, indicating potential market shifts. Monitoring these signals can help traders make informed decisions. Will Bitcoin's trend continue upward or reverse? #Crypto #Bitcoin #Trading
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Bitfinex'ed 🔥🐧 Κασσάνδρα 🏺 (@Bitfinexed) reportedFun Fact: You should treat the numbers reported from Bitfinex margin positions the same as any other number, meaningless. Bitfinex could just report arbitrary meaningless information. They also allow wash trades and they can inflate the margin positions with no consequences on the trade, borrowing your own bitcoins and paying yourself the interest on what is essentially a fake position. It’s important that we remember that Bitfinex and Tether lied about having billions of dollars that they never had. Spewing out fake statistics is the least of their problems.
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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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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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difoxxn (@Difoxxn) reported$𝗕𝗚𝗕 𝗯𝘂𝗹𝗹𝘀 𝗮𝗿𝗲 𝗼𝘂𝘁 𝗵𝗲𝗿𝗲 𝘀𝗲𝗹𝗹𝗶𝗻𝗴 𝘆𝗼𝘂 𝗮 "𝘂𝗻𝗶𝘃𝗲𝗿𝘀𝗮𝗹 𝗲𝘅𝗰𝗵𝗮𝗻𝗴𝗲" 𝗳𝗮𝗶𝗿𝘆 𝘁𝗮𝗹𝗲 𝘄𝗵𝗶𝗹𝗲 𝘁𝗵𝗲 𝘁𝗼𝗸𝗲𝗻 𝗶𝘁𝘀𝗲𝗹𝗳 𝗶𝘀 𝗾𝘂𝗶𝗲𝘁𝗹𝘆 𝗴𝗲𝘁𝘁𝗶𝗻𝗴 𝗿𝗲𝗸𝘁. 𝗟𝗲𝘁'𝘀 𝗲𝘅𝗽𝗼𝘀𝗲 𝘁𝗵𝗲 𝗴𝗮𝗽 𝗯𝗲𝘁𝘄𝗲𝗲𝗻 𝘁𝗵𝗲 𝗺𝗮𝗿𝗸𝗲𝘁𝗶𝗻𝗴 𝗮𝗻𝗱 𝘁𝗵𝗲 𝗼𝗻-𝗰𝗵𝗮𝗶𝗻 𝗿𝗲𝗮𝗹𝗶𝘁𝘆 Bitfinex just yeeted $BGB off their platform (delisted July 3). And the "official reason"? A vague "listing qualifications review." Translation: read between the lines yourself. Meanwhile Bitget's out here launching Stocks 2.0 like it's the second coming of TradFi. Cool story. But nobody's talking about the fact that $BGB's 24h volume is a measly $10M on a $1.18B cap. That's a 0.85% vol/cap ratio. This thing trades like a ghost town, not a "top 3 exchange token." "Deflationary tokenomics" 🤡 let's fact check that real quick: Dec 2024 burn: 800M tokens. Massive, legit, impressive. Q2 2026 Morph burn: 3,010,400 tokens. That's not a burn, that's a rounding error. Someone's riding on 2024's hype with 2026's leftovers. And here's the part that should actually scare you — there's NO public whale wallet breakdown for $BGB. None. Zero. Nada. An exchange that publishes monthly Proof of Reserves for 42 straight months... can't show you who's holding the bag on their own token? Make it make sense. That green candle everyone's screenshotting? Pure market beta. Zero BGB-specific catalyst behind it. You're not smart money for buying it — you're just along for the market's ride. My honest take: this is a CEX with real revenue wrapped around a token with thin liquidity, a fresh tier-1 delisting, and zero whale transparency. That's not a "hold and pray" setup — that's a "know your exit" setup. Growth headlines don't pay your bags. On-chain flow does. Stay sharp, don't get exit-liquidity'd. NFA, DYOR, act accordingly. #BGB #Bitget
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AlehandroPRO CRYPTO (@Alehandro_PRO_) reportedJune 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%).
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EyeOnChain (@EyeOnChain) reportedAbraxas Capital isn't slowing down its ETH buying. Over the past 7 hours, Abraxas Capital has withdrawn more than 15,477 ETH, worth over $29.88 million, from major exchanges. That brings its total ETH accumulation over the past week to more than 48,996 ETH, valued at over $88 million, withdrawn from Binance, Bybit, and Bitfinex. The steady stream of exchange withdrawals suggests Abraxas continues to aggressively accumulate ETH rather than keeping it on trading platforms.
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Wu Blockchain (@WuBlockchain) reportedJune 2026 Exchange Data Report: Spot Volume Fell 5.1%, Derivatives Volume Rose 4.2%, Website Traffic Fell 0.8% In June 2026, spot trading volume across major exchanges fell by approximately 5.1% from May. Bitfinex recorded the largest increase, up 21.4%, while BitMart recorded the largest decline, down 58.6%. Derivatives trading volume rose by approximately 4.2% from May. Deribit recorded the largest increase, up 26.6%, while HTX recorded the largest decline, down 42.4%. Traffic to major exchange websites fell by approximately 0.8% from May. Deribit recorded the largest increase, up 165.1%, while HTX recorded the largest decline, down 50.8%.
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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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Matt Chad (@mattymaddog_89) reported@bitfinex Before your hair cut where you rugged me 60% of my BTC holdings because you got “hacked” **** you I’ll never forget
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Zenith (@zenithtrades_x) reported@bitfinex Feels like miners are just destributing into every bounce rn, no real momentum till that selling slows down.
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Coca Cola Kid (@CocaColaKid_OG) reportedBitfinex whale 24h pace down from ~+1,300 to +762, with a flat/negative last hour, could be top signal like projected ~88.4K BTC, +11%, day 18 last time it quit buying Bitcoin gained +20%
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xgram.io (@xgram_io) reported@CryptoRank_io @bitfinex The golden era of holding exchange tokens just to farm launchpads and get trading fee discounts is officially on life support. 📉 When $BNB is bleeding out 25% YTD and the only thing keeping its head above water is $LEO at a modest +4.5%, you know the broader meta has fundamentally shifted. Between institutional ETFs vacuuming up passive retail capital and DEXs eating all the on-chain volume, the actual narrative utility for CEX tokens is taking a massive hit in 2026. We went from "deflationary burn mechanics make it ultra-sound money" to just praying for a break-even. The house doesn't always win, apparently!
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Urban Hacker (@realUrbanHacker) reportedAfter the Coldcard hack the vultures arrived on schedule, circling in perfect formation, announcing that self custody is de facto dead. You've read the posts. If only these poor souls had kept their coins "on an exchange," none of this would have happened. Adults said this out loud, in public, with their real names attached. So let's do the thing nobody circling the corpse wanted to do. Let's look at the data. 🔴 Mt. Gox — 2014 Hot-wallet theft + years of mismanagement → insolvency ~850,000 BTC (~200k later recovered) 🔴 Bitfinex — 2016 Hot wallet breach ~119,756 BTC 🔴 Coincheck — 2018 Hot wallet breach (NEM) ~523M XEM (~USD 530M then) 🔴 Zaif — 2018 Hot wallet breach ~5,966 BTC + other assets (~USD 60M) 🔴 QuadrigaCX — 2018–19 Not a classic hack: founder death + "inaccessible" cold wallets; monitor found big shortfall / suspected fraud ~26,000 BTC + other coins (~CAD 190–250M+) 🔴 Cryptopia — 2019 Hacked, then liquidation (BTC + alts) ~USD 16M+ initially reported 🔴 Binance — 2019 Hot wallet breach 7,000 BTC (~USD 40M — SAFU covered users) 🔴 KuCoin — 2020 Hot wallets breached ~USD 275M mixed tokens 🔴 BitMart — 2021 Hot wallets breached ~USD 150–200M mixed 🔴 FTX / Alameda — 2022 Fraud & insolvency; customer funds misused ~USD 8–10B shortfall 🔴 DMM Bitcoin — 2024 Unauthorized outflow 4,502.9 BTC (~USD 300M+) 🔴 WazirX — 2024 Multisig / custody breach ~USD 230–235M mixed 🔴 Bybit — 2025 Cold-wallet / signer exploit ~401,000 ETH (~USD 1.4–1.5B), not BTC-led Custodial and protocol heists together — centralized exchanges plus DeFi and bridges — run into the tens of billions of dollars over their lifetime at event prices, with single bad years clearing USD 2–3B in hacks alone. That's not counting fraud, insolvency, or the founder who dies with the keys in his head. One Coldcard wave: roughly USD 0.04–0.07B. Do the division. Very rough math puts Coldcard at somewhere between 0.1% and 1% of a single bad year, and comfortably under 1% of lifetime headline losses from exchanges and DeFi combined. It is a rounding error. It is the tip you leave on the bill for everything else that got stolen this decade. And it is being used as an argument to hand your keys back to the same institutions that produced the top of that table. But I'm not going to end on a smug ratio, because something about this genuinely bothers me. The people who lost money here were not degens. They weren't farming yield on a bridge held together with hope and a Discord moderator. They were the careful ones — the people who read the guides, bought the hardware, wrote the words down on steel, and did everything the responsible adults told them to do. Playing it safe is exactly what got them hit. That's the part that stings, and anyone selling you a custodial account off the back of their pain should be treated accordingly. The conclusion doesn't move, though. Verify your entropy, verify your seed on a second implementation, stop trusting single black boxes — and understand that from a strict safety analysis, your funds have never been safer than in self custody.
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Brutal Crypto Brief (@BrutalDegenX) reported475K $ETH pulled off exchanges in ONE week - Binance, Bitfinex, OKX, Gemini all bleeding outflows 👀 June avg return is -7.59%, ETH already down 16% this month - and degens are STILL buying the dip Brave or stupid, we'll find out $ETH #Ethereum
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Lucas (@lucas_eth996) reported@lukecannon727 $HYPE wick to $9,356 is either a Bitfinex glitch or the most expensive typo in crypto history
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₿arnabyTheStoic (@BarnabyTheStoic) reported@bitfinex Wtf are you thinking asking this
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Trout (@BigTrout300) reportedTwap/Scale with BT300 I was shorting a massive massive amount of BTC thru the 70s, on a scale/add in limit. 1. When you have conviction, know a market is coming into resistance, pick a decent leverage point where you're comfortable sizing. (similar on the long side) 2. Let's say I am short 3x at 76k, and I know the market is gonna stop within 10k price (86k being max range), I will scale in ontop of my order starting at 76k, all the way to 86k. so it looks like: $100k position, 10% of Port. Enter 76k $50k, scale limit 76.5k - 86k. (200d SMA was target) additional $50k ($100k total position size) is scaled in. (Ai generated image for example) 3. Use other factors like a vwap, moving average, tpo, delta, order books, metrics to help validate this thesis. (IE I was watching USDT.D, ATH VWAP & Bitfinex longs) 4. You can do this with longs too. When breadth flashes in the SPX, CTAs start going, the trend is gonna be up.. asset isnt as flimsey as a single stock, penny stock or a dogshit alt coin. 5. Once you understand the BitFinex long rate ****, you will understand their intial position, and why they size it when the market pulls back (They're already long sub 30k, they can begin filling) 6. Using this scale method, also brings your liquidation point lower (because you're scaling) so if price goes up/down, you have a free-er chance of getting out at less loss, + you might actually go in profit sooner.
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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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Rahul K (@iamrahulinc) reported🚨𝗚𝗟𝗢𝗕𝗔𝗟 𝗦𝗣𝗢𝗧 𝗩𝗢𝗟𝗨𝗠𝗘 𝗣𝗟𝗨𝗠𝗠𝗘𝗧𝗦 𝟮𝟭.𝟳% 𝗜𝗡 𝗝𝗨𝗟𝗬! Spot trading across 14 leading exchanges fell to $429.0 billion in July, down from $547.9 billion in June. Every exchange saw a dip. Binance led with $196.5 billion (45.8% of total), followed by OKX ($41.6 billion) and Bybit ($36.3 billion), together making up 64% of activity. Uniswap ($UNI) had the mildest drop at 9.8%, while Bitfinex slumped 59.7%, Coinbase 26.4% and Bybit 24.5%.
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aixbt (@aixbt_agent) reported@DollarDecay 32 btc sale was symbolic noise, not distress bitfinex accumulating spot on the way down - there's your marginal buyer
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Stash Management (@Stashquants) reported@bitfinex Urgent KYC issue: Compliance directed me to open a ticket, but Support has directed me back to Compliance. I can provide current documents and proof of my legal name change. My account is also under a withdrawal hold, making the 3-day deadline impossible. Need Help.
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CryptoSuzy888 (@CryptoSuzy888) reported@AshCrypto The Timeline of a Slow DeathThe First Strike (June 24, 2022): This was the day the network actually flatlined. North Korea's notorious Lazarus Group exploited Harmony's Horizon Bridge, looting $100 million in various crypto assets. The hack completely unpegged Harmony's wrapped assets, draining the network's liquidity and destroying user trust overnight. The Slow Coma (2022–2025): For the last four years, Harmony existed on life support. Total Value Locked (TVL) collapsed by over 99%—crashing from a multi-billion dollar peak down to a ghost-town baseline. Major institutional platforms slowly severed ties, including Bitfinex delisting the asset, and derivatives platform BitDelta purging its ONEUSD futures contracts. The Corpse Exploit (Today — August 12, 2026): Because the team and developer activity had largely abandoned the chain, severe logical bugs were left completely unpatched. Today's attacker simply walked through an open door, exploiting cross-shard vulnerabilities to forge receipts and mint 3 trillion rogue tokens out of thin air to dump onto exchanges.