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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:

  • eddieoz
    EddieOz ⚡ (@eddieoz) reported

    When block size warz in 2017, bcashers tried the BCC tckr. But Bitfinex was using BCH. Some say it was Bitcoin Cash, but others say it was for *******. Well, we know. That matters: if 110ers try to list their shitcoin, it is up to the exchanges to decide. CSW feelings.

  • VU_virtuals
    Velvet Unicorn (@VU_virtuals) reported

    ZEC: 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.

  • aixbt_agent
    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

  • 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!

  • 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

  • Blaze3Win
    🔥BLAZE🔥💎DIAMONDS💎 (@Blaze3Win) reported

    @AshCrypto ETH pulling back to $1,670 support while Bitfinex longs go vertical and Bitmine buys $73 million weekly is the dip that gets absorbed before the $1,850 reclaim that opens $2,400 💎 While the support holds and the next leg loads, ETH native yield via DIAMONDS keeps compounding without forced selling #BLAZE #DIAMONDS

  • BigTrout300
    Trout (@BigTrout300) reported

    Twap/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.

  • Cryptocratico
    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.

  • midwit_retard
    wittery (@midwit_retard) reported

    @Wild_Randomness @ch1ckenNS correlation def works but feels like some weird data issue? where does this long accumulation data on bitfinex come from eve..

  • 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

  • Cryptoinsightuk
    Cryptoinsightuk (@Cryptoinsightuk) reported

    bitcoin:native probably does continue down here again at some point soon. This wasn't my base case before yesterday, but since we have new data we need to pay attention. I think there is a liquidation event to come. Although we see some liquidations occurring yesterday and the day before, we see a continuation in Open Interest and massively positive funding. This suggests we have people going leverage long here in size. If price keeps pushing down, their stop losses will get triggered and a liquidation style event could occur. This isn't inevitable, but looks likely here. If we combine this information with our liquidity pools, we can assume the dense band of liquidity at around $64,000 will be taken and I'd also like to see the Yellow liquidity down to $60,000 be taken too. The question after that becomes whether this creates a cascade and bitcoin:native falls through support OR if bitcoin:native creates a double bottom style pattern. This discussion is a difficult one. As I talked about yesterday, Bitcoin did hit the oversold area on the daily, and historically this has been a fantastic opportunity to buy throughout this cycle. On top of that, we saw a fairly aggressive pullback yesterday despite the large amount of open interest in the market. That doesn't necessarily mean price has to follow through to the downside immediately. We could just as easily see Bitcoin chop around for a few weeks, regain some strength, and then come back to flush out the remaining open interest later. In other words, it doesn't have to continue straight down from here. A period of consolidation over the next week or two would be entirely normal. Finally, if we look at what @CastilloTrading was pointing out, Bitfinex whales appear to be going long into this weakness, which is another interesting element of the current pullback. I don't know how much weight to put on that signal, if any, but it's definitely something worth considering alongside the other data points.

  • gvictor808
    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.

  • fazzam_eth
    ~dorsen-witnes (@fazzam_eth) reported

    Really strong stuff. There’s a lot of precedent for successfully navigating an event like this in defi. Bitfinex repaid 36% of customer assets in 8 months and came back stronger than before. Euler lost $197M, made everyone whole, and relaunched bigger than it ever was. Crypto doesn't punish teams for getting hit but for leaving holes. This is textbook comms so far.

  • Kenny_Khosla
    Ajay Khosla (@Kenny_Khosla) reported

    Bitcoin: $63.7K. This week's rally to $65K was a macro trade, not a crypto one — per Bitfinex, driven by the CPI-triggered Fed repricing (hike odds 42%→12%), not fresh BTC demand. Evidence: ETFs sold $425M right before CPI, Strategy bought nothing, and the Coinbase premium's still negative. Meanwhile, the real story today is AI stocks — the semiconductor ETF (SOXX) is down 17.6% since July 1, with Micron, SanDisk, Intel all down 4-8% just today. Bitcoin's pullback looks tame by comparison.

  • WuBlockchain
    Wu Blockchain (@WuBlockchain) reported

    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%.

  • Cryptomit
    crypto_mit ( 🗽/ Acc ) (@Cryptomit) reported

    @ArjunKalsy It was nothing to do with bitmart and bitfinex though about points you mentioned, they didn’t went bankrupt had a restriction wind down, No tokens has any utility there’s nothing that can ever exist, Holders are fin savy folks and builders using protocol are dev savy one dosnt does the either No protocol has idea of how they’ll infuse rev from devs to token or even intend to Only protocols like hyperliquid have an intersection of users into rev and token Hard market as attention is hard to keep might not be hard to get

  • TheBCHPodcast
    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.

  • CocaColaKid_OG
    Coca Cola Kid (@CocaColaKid_OG) reported

    Bitfinex 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%

  • ilovepoker
    Curtis Green⚡️ (@ilovepoker) reported

    @BenHart_Freedom Have you heard of Mt. Gox? Bitfinex? And other exchanges that have been hacked? If you rolled dice 100x and had a strong passphrase is a million times better than trusting an exchange. Also they say about 4m btc are lost forever, sure some by user error but that 4m is including satoshis btc and others. I've heard that under a million have been "lost" I think if your worried that going the multi sig route is best. Just use different manufacturers of how. SELF CUSTODY IS STILL KING! Just do it the right way. Trusting an exchange is a disaster waiting to happen.

  • rleder
    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.

  • ventotene12
    Egs (@ventotene12) reported

    @bitfinex Bro we’re down like 10%

  • ____Holyspawn
    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. 🌹

  • BarnabyTheStoic
    ₿arnabyTheStoic (@BarnabyTheStoic) reported

    @bitfinex Wtf are you thinking asking this

  • D3LTA_0
    DeltA (@D3LTA_0) reported

    July 2026 Exchange Spot Volume Report In July 2026, total spot trading volume across 14 major exchanges stood at $429.0 billion, down 21.7% MoM from $547.9 billion in June. All 14 exchanges recorded month-over-month declines. Binance ranked first with a trading volume of $196.5 billion, accounting for 45.8% of the total volume. It was followed by OKX at $41.6 billion and Bybit at $36.3 billion. Together, the top 3 exchanges accounted for 64.0% of the total spot trading volume. Among the 14 exchanges, Uniswap recorded the smallest monthly decline at 9.8%, followed by Kraken at 13.4% and Gate at 15.9%. Meanwhile, Bitfinex recorded the steepest decline at 59.7%, followed by Coinbase at 26.4% and Bybit at 24.5%.

  • im_serPAI
    SerPAI (@im_serPAI) reported

    ***** Woo gives 20-40% odds of partial COLDCARD coin recovery by authorities over a multiyear window Past precedent backs it up: $6.4B from Bitfinex, $610M from Poly Network, $200M from Euler Hold your hardware. File a report. Never pay a "recovery" service.

  • losingshekels
    Uncle Jim (@losingshekels) reported

    @paoloardoino PAOLO PLEASE HELP ME TO RETRIEVE MY 11.5 ETH THAT IS STUCK IN WEB3 WITH MY BITFINEX ETH WALLET ADDRESS USED AS OWNER

  • EyeOnChain
    EyeOnChain (@EyeOnChain) reported

    Abraxas 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.

  • Ratih94357237
    Ratih (@Ratih94357237) reported

    @bitfinex @WDK_tether @utexocom Any WDK wallet can access RGB issuance on Bitcoin and payments on Lightning without building the stack. It is painful to see how much infrastructure still needs to ship, but progress matters. What will you build next? 😔⚡

  • Ssas_33
    Sumbull (@Ssas_33) reported

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

  • CosimoCapital
    Cosimo Capiτal ⚜️ (@CosimoCapital) reported

    I agree most dual equity/token structures are broken, but saying there are no examples is too strong. ethereum:0x2af5d2ad76741191d15dfe7bf6ac92d4bd912ca3 might be the only clean counterexample: Bitfinex/iFinex had equity, issued a token, and routed real business revenue into buybacks and burns. That is the key distinction. LEO did not work because it had vague governance, ecosystem utility, or a “community” narrative. It worked because the token had explicit, credible value accrual. The lesson is not that equity + token never works. The lesson is that it almost never works unless the token has a real economic sink tied to the business. Crypto Twitter has also changed. It is starting to act less like moonbois and more like activist investors. People are demanding value capture, capital return, burns, buybacks, transparency, and alignment. We should study what has actually worked and duplicate the mechanism instead of pretending every token needs to be a vibes-based governance asset.