Bitfinex status: access issues and outage reports

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.

Community Discussion

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Bitfinex Issues Reports

Latest outage, problems and issue reports in social media:

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  Strategy Trader (@strategytraderE) reported 8 minutes ago

  @Karman_1s BNB support fails but Bitfinex BTC longs grow, alt weakness, not isolated crash.

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  Spike (@NotSpikeG) reported 11 minutes ago

  @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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  Bitcoin Consultants (@BTCConsultantNL) reported 11 minutes ago

  @ChrisFromAT @AquaBitcoin What do you mean? Can’t you send it without sideshift? Trade on HodlHodl, Peach Bitcoin, Bitfinex? They all support liquid network?

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  The Multiplier (@KTimmeu23152) reported 14 minutes ago

  Not 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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  Slevin Kelevra ✡︎ ☦︎ (@kruper47) reported 18 minutes ago

  Sometimes we'll dive into history to better understand market context. Who's connected to whom and how it all started In July 2014, three developers launched Realcoin: a token priced at exactly one dollar. The task was narrow - give traders a way to move money between exchanges, bypassing banks that barely serviced crypto back then They didn't create their own blockchain. They issued tokens through Omni Layer, an overlay on top of bitcoin that allowed recording the issuance and transfers of your own assets right inside bitcoin transactions: you didn't need to build your own registry and network security, you took both from bitcoin. On October 6, they minted the first 100 USDT, in November the project was renamed to Tether The scheme was limited by bitcoin itself, each USDT transfer went at the speed of its block and its commission. So USDT moved to Ethereum, then to Tron, then Solana, Avalanche, Polygon and dozens of networks, and Omni was shut down Bitfinex decided the project's fate. USDT started trading there in early 2015, the exchange became the main distribution channel, the founders stepped back, control passed to the exchange owner. By the end of the decade, USDT was already the settlement unit of the entire crypto market Since late 2023, the company has been run by Paolo Ardoino, who came from that same Bitfinex team Currently in circulation is around $183 billion, that's 55-65% of the stablecoin market. Reserves of 187-192 billion, of which about 140 billion in short-term US Treasuries. By the volume of American government debt, Tether is in the top-20 holders in the world Interest on these securities is the entire business, holders of USDT don't get it. $13 billion net profit in 2024, over 10 billion in 2025, with a staff of about 300 people Wall Street came here in late 2024. The old New York investment bank Cantor Fitzgerald bought rights to about 5% of Tether for 600 million, when the entire company was valued at 12 billion. Today it's valued at 200-375 billion, and that same stake is already worth more than ten billion. Cantor also stores a significant portion of those very Treasuries, and its former head meanwhile became US Secretary of Commerce The profit from interest goes into a portfolio worth tens of billions, and it's long been not about crypto. An almost controlling stake in Rumble, an American video platform for those who don't like YouTube's moderation. Control in a South American agro-holding that grows sugar cane and rice. Data centers for AI, a company making brain implants, the second largest stake in Juventus The ownership structure is closed, though. The largest shareholder holds 40-45%, headquarters moved to San Salvador, the team is mostly remote And so in 2026 the company went through a full financial audit for the first time. Before that they only showed attestations, statements about the state of accounts on a specific date, without checking the entire reporting and obligations. KPMG checked the entire balance sheet, including issued tokens, and physically recounted each gold bar in the reserves The conclusion is unqualified - it's the most positive form of auditor's opinion. As of the end of 2025, reserves exceed liabilities by $6.814 billion The company that spent ten years being accused of having nothing behind its tokens is now lending to the American government at the level of a mid-sized country

• 
  Nomad (@JourneyMacro) reported 18 minutes ago

  It's self interest - Brian knows that a Crypto with high TPS will eventually replace Coinbase because it is a third party intermediary in transactions Almost every crypto exchange has compromised financial freedom because they're third parties, which is why they support BTC or made their own blockchain - Binance, Tether/Bitfinex, Bybit, okx, etc “Commerce on the Internet has come to rely almost exclusively on financial institutions serving as TRUSTED THIRD PARTIES to process electronic payments. While the system works well enough for most transactions, it still suffers from the inherent weaknesses of the trust based model… What is needed is an electronic payment system based on cryptographic proof instead of trust, allowing any two willing parties to transact directly with each other WITHOUT THE NEED FOR A TRUSTED THIRD PARTY.” - Satoshi Nakamoto

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  2weed 🇵🇸 (@TAUHEED5) reported 20 minutes ago

  @CW8900 Wtf is bitfinex whale

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  Wu Blockchain (@WuBlockchain) reported 20 minutes ago

  July 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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  Sumbull (@Ssas_33) reported 21 minutes ago

  @MaxCrypto Bitfinex whales don’t known ****

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  Slade 🛡️ LLM Hacker (@llm_redteam) reported 21 minutes ago

  @btcliveco spot down, derivs up, traffic down. that's not a market getting bigger, it's the same crowd rolling the same money through more leverage. Bitfinex printing +21.4% spot while everyone else bleeds is the only real signal here.

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  samsainlove .°˖✧ (@samsainlove2) reported 23 minutes ago

  @bitfinex BEWARE ! BITFINEX HOLDING CUSTOMERS FUNDS PRETENDING COMPLIANCE ISSUES !

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  Victor (@gvictor808) reported 23 minutes ago

  @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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  Skin In The Game (@SITGnews) reported 28 minutes ago

  Bitcoin 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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  Lea Thompson (@LeaT_Design) reported 29 minutes ago

  @whale_alert tether moving **** to bitfinex like it's ******* nothing

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  samsainlove .°˖✧ (@samsainlove2) reported 29 minutes ago

  @bitfinex AVOID BITFINEX ! stealing customer money !!

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  Callistemon (@Callistemon25) reported 32 minutes ago

  Markets 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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  NaiKō Intelligence (@NaiKo_Intel) reported 34 minutes ago

  @bitfinex People are really doubling down despite the slide. Interesting to see such high margin longs while the price action looks that messy. I wonder if they know something we dont tho

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  Rmzs (@lptrade_if) reported 37 minutes ago

  - RGB on mainnet since July 2025 - First atomic swap on Lightning - September 2025 - Tether WDK integration - already done > No block space competition > Private by default > Lightning for settlement @utexocom is leading the commercial rollout Check @bitfinex deep dive!

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  0xLaplace 🔺 (@0xlaplaced) reported 37 minutes ago

  Bitfinex 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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  Lea Thompson (@LeaT_Design) reported 42 minutes ago

  @cryptojack bitfinex whales again. ****. show me the actual settlement data.

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  CaptSpectacular (@CaptSpectacular) reported 42 minutes ago

  @bitcoinmunger @bitfinex @tradingview Just another avenue for capitulation. Now we got etfs, saylor ponzi and this. ****.

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  Golden Luco (@GoldenLuco) reported 46 minutes ago

  Bitfinex Alpha suggests key levels to watch for Bitcoin's next move, signaling potential trend shifts. Traders should monitor these support and resistance zones closely. Will Bitcoin break through or bounce back? Stay alert and share your thoughts! #Crypto #Bitcoin #Trading

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  Bitfinex Replies (@BitfinexReplies) reported 48 minutes ago

  @Yusanchik @bitfinex Hello @Yusanchik , we’ve been moving sideways for a while now and waiting for support confirmation above 80k. Maybe it’ll happen, right?

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  CryptoJGM (@CryptoJM95) reported 48 minutes ago

  🚨SOMEONE JUST OPENED A $16,000,000 $XRP LONG. At the same time, Bitfinex whales are aggressively increasing their $XRP positions. Wtf is going on???

• 
  ddadybayo (@ddadybayo) reported 51 minutes ago

  This is the kind of narrative that gets pushed while the actual architecture centralizes and leaks. Onion routing hides the full path. That part is real. But the protocol has built in leaks that have been known and documented for years: - Same payment hash on every hop →trivial correlation. - Balance probing recovers up to 89% of public channel balances. - Timing analysis: the single most central node can observe timing on 50% of payments. Top 4 nodes cover 72%. 
Meanwhile the “decentralized L2” part: - Public capacity hovers between 2.7k–5.6k BTC.
- Top 10 nodes control 62% of all public liquidity.
- Gini coefficient for node capacity: 0.97. - Top 10% of nodes hold 80% of the locked bitcoin. This is not decentralization. This is a hub and spoke system with a few very powerful hubs. 
Who runs these hubs? Mostly exchanges and LSPs: Bitfinex, ACINQ, Binance, Kraken, OKX, Wallet of Satoshi and similar. If you’re not running your own full node and managing your own liquidity, you’re almost certainly routing through these entities. They see sender, receiver and amounts. Privacy collapses. 
This isn’t a bug. It’s the predictable result of a design that prioritizes routing efficiency and capital efficiency over actual decentralization and strong privacy. Powerful adversaries (state level or well resourced) don’t even need to break onion routing perfectly. They just sit on or near the big hubs and watch. 
Lightning can move small payments faster and cheaper than on-chain. That’s its actual use case. But calling it incredible privacy by default while the liquidity and routing are this concentrated and while these attacks exist, is dishonest. Real privacy requires an additional layer on top (Chaumian ecash like Cashu is one attempt). The base Lightning protocol does not deliver it. 
Bitcoin was supposed to be a tool for financial sovereignty and resistance to control. When the dominant scaling solution creates new centralized chokepoints that are easy to monitor and potentially censor, we’ve traded one set of problems for another that serves power better. Data doesn’t lie. Narratives do.

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  Mandelbrot (@Wild_Randomness) reported 51 minutes ago

  @NotSpikeG @LunaticxOsmo That’s trading fellas— I spoonfed every single one of you the 82->60k move, I even came at every micro bounce to stay short along the way I publicly tweeted my sub 60k short covers, and then did the same this week at 60.8 Bullposted 61s when bitfinex twap slowed down Cmon…

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  AlehandroPRO CRYPTO (@Alehandro_PRO_) reported 52 minutes ago

  June 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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  Filzahanis (@bloom_pegnmk6) reported 55 minutes ago

  @wangxianbun @bitfinex The real innovation was solving double-spend without trusted intermediaries, but yeah we spent a decade letting VCs convince grandma that "blockchain" could fix everything from supply chains to potato provenance

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  Tutsi Andre (@tutsiandre) reported 57 minutes ago

  Hey @bitfinex I've been a verified customer for many years, now you are blocking my withdrawals?

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  Dom's Crypto (@Doms_Crypto) reported 1 hour ago

  Bitcoin has crashed = bears are happy BUT: bitcoin:native has printed same low on RSI14 level around ~12.00 - same as back on massive crash down to $60,000 (see on the second chart) An indecisive 4-hour candle printed which can bring buyers back into the game Bitfinex Longs going nuts