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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

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Bitfinex Issues Reports

Latest outage, problems and issue reports in social media:

  • russian_bot_69
    8️⃣6️⃣.gwei (@russian_bot_69) reported

    @tulipking imo the only way to grow a centralized stablecoin is by having a dominant consumer product take the lead on pushing distribution: bitfinex pushed tether when it was dominant coinbase pushed usdc as second mover, still worked bc it was a rapidly growing coinbase doing the pushing not circle other exchanges now doing same eating market share being a middleman/infra (circle spinoff) just makes you slow to react and anticipate. they need their own dominant consumer app, whether its trading, payments or whatever can get them to dominate distribution if it was an actually 100% decentralized stablecoin like a liquity or raidollar then yeah the long term slow approach of credibly neutral middleman/infra could work. but all circle is offering is assurance of following regulations, which a decade in many players understand how to do themselves now

  • lptrade_if
    Rmzs (@lptrade_if) reported

    - 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!

  • Wild_Randomness
    Mandelbrot (@Wild_Randomness) reported

    @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…

  • RheticusRhombus
    Rheticus ⚡️ (@RheticusRhombus) reported

    @bitfinex I bought 1 sat at the pico top Now **** off

  • Doms_Crypto
    Dom's Crypto (@Doms_Crypto) reported

    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

  • JourneyMacro
    Nomad (@JourneyMacro) reported

    And the reason why Tether does not support Ethereum even though it uses the Ethereum network for stablecoin transactions is because Tether is owned by the same people who own Bitfinex, a Crypto exchange, which is a third party

  • AriDavidPaul
    Ari Paul (@AriDavidPaul) reported

    @nic_carter At least two of crypto’s biggest successful institutions were ponzis at points in time. Both seem today to have more than fully recovered their assets. With bitfinex-tether I think this is pretty public knowledge at this point: at one point bitfinex was insolvent and recapitalized with tether, and vice versa, so at various points each was in a ponzi state. But profits flowed, and all worked out. The principals wanted/hope for this to happen, rather than their customers eat the losses, their business fail, and possible criminal charges. IMO, this is all unethical and illegal, but…a lot less malicious and unethical than people who run ponzis intending to exit scam. The other example is more controversial - Binance. We know customer funds were transferred from the exchange to a private trading account and gambled with (on-chain forensics, public reporting). Presumably repaid later with winnings. Why did CZ do that? I assume the same reason he’s still running pumps and dumps as the world’s richest felon.

  • jaysmontoya
    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.

  • Conviction_Labs
    Conviction Labs | NVISION (@Conviction_Labs) reported

    $BTC Bitfinex margin longs added a lot on this move down to 59k. Means a HUGE reversal by EOY.

  • 0xlaplaced
    0xLaplace 🔺 (@0xlaplaced) reported

    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.

  • Beautyon_
    Beautyon (@Beautyon_) reported

    "He’s publicly stated numerous times their desire to put Simplicity, their smart contract protocol, on Bitcoin mainnet. He calls it "the last softfork". It would require certain parts of Taproot that BIP110 would hinder. It would prevent them from putting non-bitcoin assets on the Bitcoin base layer. Simplicity is currently on their sidechain, Liquid." This is super interesting, isn't it? Liquid, the side chain that is adjacent to Bitcoin, where, if you want to get out of it requires the consent of the cabal of nodes who administer it, Their "Permission" if the amount you want to get back in to bitcoin is "too much at one time". If Simplicity is already live on Liquid, then surely, if Liquid has any utility at all, this is what you need to be promoting, not putting Simplicity onto Bitcoin. Promoting Simplicity on Liquid might turn around Liquid's fortunes, making it into Etherium 2.0 and increasing Liquid's user base. At the moment, very few people are using Liquid. and it is not in widespread use. It has been live since 2018 but remains very much a niche network. The clearest metric is L-BTC in circulation: on the order of 3,000–4,000 BTC as of early 2026, versus roughly 130,000+ BTC wrapped on Ethereum and around 5,000 BTC in public Lightning Channel capacity. Most Liquid activity comes from a small set of participants; Bitfinex, SideSwap, Boltz swaps, and tokenized-asset issuance (e.g., Blockstream's ASSETS platform, El Salvador-related bond experiments), rather than broad retail or merchant adoption. The 15-member federation model has also kept some of the Bitcoin community at arm's length. It is a fundamental weakness in the model because trust is at the core of its architecture and design. Wallet support reflects this profund failure to capture market share. Out of the hundreds of Bitcoin wallets in circulation, only about a dozen support Liquid: Blockstream App (from Blockstream, which means they must support it) Blockstream Jade (hardware) AQUA (JAN3) SideSwap Marina (Vulpem, browser extension) Bull Bitcoin Wallet (uses Liquid internally for swaps) Ledger (limited, via Liquid app) BTCPay Server (via plugin, merchant-side) Specter/Elements-based desktop setups (for technical users) So as a proportion of Bitcoin wallets, Liquid support is in the low single digits percentage wise, and several of those are Blockstream's own products or companies closely aligned with it. The mainstream wallets, Electrum, BlueWallet, Muun, Phoenix, Sparrow, Trezor Suite, Exodus, Coinbase Wallet, Wallet of Satoshi, Phantom and the majority of others do not support it. The wallet runners have development teams who know exactly what they're doing, and they've rejected Liquid. Why is that? Putting Simplicity on Liquid was not enough to midwife the creation of Etherium 2.0 and bring "Crypto" heads into the Liquid ecosystem, and so having failed there or being too impatient to work on growing Liquid, they want to go straight to Bitcoin, and have Simplicity running in two places. The question is this; why are Blockstream in a privileged position to put their own scripting language into Bitcoin? If another company has another language, should that also be put into bitcoin? Is adding scripting languages to Bitcoin a privilege only for Blockstream, or can anyone do it. I think the answer is, "I'm the only one" because Blockstream's spokesperson says, "This is the last soft fork", meaning that no future languages will ever be soft forked into Bitcoin. Excuse me? Who elected these people as the guardians and final arbiters of what does and does not go into bitcoin? I think after BIP-110 there will be 0 chance of getting Simplicity into Bitcoin; after all, it is already fully live and available to anyone who wants it on Liquid, so they are free to experiment in that playpen, where they can harm no one. And that is the way it should be. Running your own sidechain where people can opt in and experiment under the rules of the committee is exactly how things should be architected. Liquid causes no harm to bitcoin, and is completely ethical. What it does show however, is no one wants that stuff. It's not compelling at all, or attractive; trust is anathema to bitcoiners. What makes anyone think Simplicity on bitcoin will be a hit? Hopefully that particular experiment is never run and we never have to find out at everyone's expense!

  • Difoxxn
    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

  • ricardoXMR
    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

  • TheBlockCo
    The Block (@TheBlockCo) reported

    THE BLOCK: Bitcoin bitcoin:native sat near $64,000 despite $211.5 million in spot BTC ETF inflows Tuesday and a record S&P 500 close. Bitfinex, Glassnode, and Wintermute all read the same tape: bottom signals forming through boredom, not capitulation, with no demand engine behind them yet.

  • 0xumo
    umo (@0xumo) reported

    @bitfinex Terrible timing. Blocking this crap account

  • TAUHEED5
    2weed 🇵🇸 (@TAUHEED5) reported

    @CW8900 Wtf is bitfinex whale

  • KathlynTuc77441
    Kathlyn Tuccillo (@KathlynTuc77441) reported

    Bitcoin ETFs absorbed 13300 BTC last week against 3150 issued, but price rose only 2 percent. Bitfinex Alpha flags a demand engine turning seller as range support. Read report now, weigh in: what moves Bitcoin next? #Crypto

  • Callistemon25
    Callistemon (@Callistemon25) reported

    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

  • CloakdDev
    Cloakd ⌛ (@CloakdDev) reported

    @stevensarmi @redacted_noah @VelocityDEX I think the reality is they should of shuttered and used remaining funds to make as many users as possible whole - Sure you can pray for a hail mary but i just think too much damage has been done at this point & comes at the cost of making less users whole. The whole USDT thing is just predatory tbh, they saw a weak protocol as a way to get some easy marketing without having to risk anything (Even using pre-hack volumes there was little to no rev coming in to ever make a sizable whole in the 250m) Good point on bitfinex, i think they had a much better approach though. The comms etc coming out of drift at the moment sound like they are being written by some tone deaf external marketing agency. How long did it take for bitfinex to recover? Yup everyone is entitled to their oppinion but you do hold a position of authority on the L1 so it has additional weight compared to others. Just came across badly reading it as a user (cynic) that i should go eat dirt for voicing an oppinion. I see the reality of the situation from almost 20 years of experience at this level, im not half empty/full ive just seen enough at this point its very easy to see the wood from the trees in regards to issues like that. I prefer to be pragmatic when it comes to money. Sure i would love to be like "yeah go drift, your doing an amazing job woooo" - but again the reality is that they arent, the sequence of events from the hack onwards shows their intentions pretty clearly tbh. Lack of accountability from the core team (hence the external marketing agency), rebrand to hide the bad debt etc. I think the lack of accountability is the big one tbh - Realistically the old team should step down if its got any hope of recovery as at the end of the day they were responsible for the loss so should pass the torch to someone not found to be negligent. No amount of procedure is going to bring back that trust unfortunately. Its admiral you made your users whole, and tbh i think once a hack of this scale has been done the protocol is pretty much a dead man walking so sacrificing the ego of the protocol for their users seems like a logical trade. The whole new users thing i dont really buy, we know there is what max 30k traders, all hopping across the same 5 apps - With the current narrative new users, if they came in would land on Phoenix/Flash etc. Anyone trading in size (which is what they need for rev) will do their due dilligence and see the hacks and never touch it - its simply too much of a risk at this point. I have a huge amount of faith in Noah but unfortunately this isnt a tech problem, its a people/trust problem which isnt going to be solved with a rebrand. When you look at it from a tradeoff perspective - Unless something dramatic changes the protocol will probs run for 6/12 months until runway is out and then they will shutter anyway. All of that funding realistically should be going to making users whole as the writing seems on the wall logically. 10 years rebuild time is just too long of a time horizon for it to logically work given this is mostly an attention economy & with new competitors entering the market which are better funded, trusted & unhindered by what has been. They just arent going to win in that arena. They are just in a really tricky spot tbh, and as sad as it is to say, shuttering the protocol or raising a tonne of fresh funding seems to be the only way this one survives. Everything else is just a half measure

  • TradingArgent0
    TradingArgento (@TradingArgent0) reported

    @bitfinex No, it will retrace to the key level of 72k, a support zone.

  • Ssas_33
    Sumbull (@Ssas_33) reported

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

  • notanotherquant
    Not Another Quant (@notanotherquant) reported

    Is there any hope for the bitcoin:native bears? It may take a special event to do it. The Bull Market Support Band (BMSB 20W MA/21W EMA) acts as support during the bull and resistance during the bear. Currently Bitcoin has pushed up and closed above the BMSB. If a quick reversal isn't found the trend will shift into a bull. In a bull trend, the times it has been knocked below the BMSB have been due to a catalyst. In 2015 it was Bitfinex liquidations similar to October 10, 2025. In 2019 the Repo crisis made it oscillate around the band and it took the 2020 pandemic to dump us lower. In 2023 it was the banking crisis and Bitcoin wicked below the band to ~20k, but the chance only lasted days. Each time the recovery was quick and it was another chance to buy the bottom range. Will we get that chance again?

  • BigTrout300
    Trout (@BigTrout300) reported

    @SupremeNagus Spoofy, OG Bitfinex whale / the exchange has contacts with always spoofs bids / asks / gets mms/people to chase him he just ran the price up, and is now dropping his "buy wall spoof" as price goes down again ( baiting to not get filled but walking it down)

  • ddadybayo
    ddadybayo (@ddadybayo) reported

    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.

  • RelIrrelvantVIP
    RelativelyIrrelevant.vip (@RelIrrelvantVIP) reported

    @Charlesdav43874 @IndyBitcoin So when an XMR customer uses Kraken, KuCoin, Bitfinex, Poloniex (all examples) or similar XMR providers; those DAB's know the Customer and the amount of the Digital Asset Business Activity performed on the Customer's behalf. Those XMR DABAs would not be anonymous & are taxable.

  • ForeDex_Global
    ForeDex (@ForeDex_Global) reported

    Daily ForeDex CVD by Order Size (Spot) Snapshot 📸 🔸 Whales and Mega Whales Only 🔸 Based on a 1 month period (1M) 1. Binance : Decreased 📉 2. Bybit : No Change ➖ 3. Bitfinex (USD) : No Change ➖ 4. Bitfinex (USDT) : No Change ➖ ✅ Summary: A gradual step-down was seen on Binance, with no change across Bybit, Bitfinex USD, and Bitfinex USDT. [07-16-2026]

  • realUrbanHacker
    Urban Hacker (@realUrbanHacker) reported

    After 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.

  • datafox21
    DataFox (@datafox21) reported

    @BarlasLevent @bitfinex Right. Nearly every time there is a spike price goes down afterwards.

  • whits23
    whits (@whits23) reported

    @SaniExp have not heard from you lately. Bitfinex had 30000 bitcoin but just shut down with only 3600? Any explanation or truth? @w_s_bitcoin @Pledditor

  • Blackintus
    BlackIntus (@Blackintus) reported

    Crypto Fear & Greed Index: 16/100 — “extreme fear.” Bitcoin briefly broke $60K last week — worst stretch since FTX collapse in 2022. Now rebounding to $63,800. But Bitfinex warns: “Rallies are increasingly being sold rather than accumulated.” The structural problem hasn’t changed. Macro is restrictive. Rates are going higher. Bitcoin is a risk-on asset in a risk-off environment. 💰 YOUR MOVE: The $63,800 bounce is a relief rally, not a reversal. For the trend to change you need two things: Strait of Hormuz reopens (oil down, inflation pressure eases, Fed pause) or SpaceX IPO capital returns to crypto after the excitement fades. Neither is happening this week. If you’re long crypto, set a stop at $58,000. If you’re waiting to buy the dip — the structural floor is $52,000, not $60,000. @Blackintus