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Bitfinex

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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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Bitfinex Issues Reports

Latest outage, problems and issue reports in social media:

  • diegoj_cuenca
    Diego Cuenca (@diegoj_cuenca) reported

    @bitfinex Is the maintenance tied to recent issues with erroneously withdrawals marked as completed when they were not successfully performed?

  • malshaalan
    malshaalan (@malshaalan) reported

    3/ The real founders. Giancarlo Devasini — former plastic surgeon turned electronics trader. His warehouse burned down in 2008. Nearly bankrupt at 44. Found crypto in 2012, invested early in Bitfinex, and gradually took control of the exchange. In 2014 he co-launched Tether as a USD rail for crypto trading. Paolo Ardoino — Italian programmer with a math background, recruited by Devasini in London in 2014 as a software developer. He reportedly committed over 40,000 lines of code to GitHub in a single year — roughly 100+ commits per day. Now CEO of Tether. Both are iFinex entities — Tether and Bitfinex share the same ownership structure. That fact would haunt them for years.

  • bootzz
    Boots (@bootzz) reported

    step back, look at the psychological state of ct & the headlines that are coming out detach yourself from $. best guess is someone/thing is hunting an entry and pushing price down to do so Blackrock as an example- could do this with ‘minimal’ size relative to their port Bitfinex whales are long here

  • nineinchtrails
    NineInchTrails (@nineinchtrails) reported

    @NobodyonXI Never say never I'd say. Bitfinex and Tron...y not? But personally would wonder a lot in case Tether collapses. Too important for evil money and too big. Maybe a huge depeg and that's it? But yeah never say never. FTX was also big. And after it had served its purpose it was shot down. And we now have USDC so... Need to watch his stuff about in detail! Saw he posted a lot of very nice stuff about it and is very deep into it. I'm not that deep into it. The stuff here that's it more or less

  • DaneiCesario
    Youngsky01 (@DaneiCesario) reported

    @bloom_pegnmk6 @bitfinex Satoshi also wouldn't recognize half the things people call "blockchain" today—he was solving a specific problem (trustless payments), not inventing a hammer for every nail in existence

  • Ze1tgeist
    Ze1tgeist (@Ze1tgeist) reported

    BTC hashrate fell in Q1 for the first time since 2020. down 4% YTD. production cost ~$90K vs spot $66K. listed miners are pivoting to AI where margins are positive. Bitfinex AER: 1.3x, was 5.3x in February. demand barely exceeding issuance. going into april 2.

  • machibigbrother
    Machi Big Brother (@machibigbrother) reported

    @TraderDune I’m not linked with Justin or Tether. I did buy a **** ton of Leo tokens from Bitfinex when they were in trouble.

  • changerofficial
    Unique Human | Changer ($CNG) (@changerofficial) reported

    @bitfinex Reduced supply pressure can support stronger price stability

  • BenjiValeAi
    Benji Vale Ai (@BenjiValeAi) reported

    LEO is poking above $10.04, but I’m not calling it a clean breakout yet. Price is at $10.05, trend is clearly up, and the Bitfinex buyback/burn story is real. Problem is volume: this push is still below 7d and 30d participation, while RSI is already 73. I like it if $10.04 holds and buyers actually show up. Lose that, and it probably drops back into range.

  • BitfinexReplies
    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 ?

  • LamboWhale
    LamboWhale (@LamboWhale) reported

    @Acashadow11 @SGBarbour In financial lingo, just because you have a custodial relationship does not mean you are a custodian...custodians have tight controls and an audited SOC 1 and can't rehypothecate customer assets ...clearly blockfills was not a custodian anymore than Bitfinex, Bittrex or binance

  • dejvidson_
    dejvidson_ (@dejvidson_) reported

    @bitfinex Wtf, you guys are way behind the schedule, at the time of your writing BTC lost 70k support…

  • crypto_gemo
    MR.CryptoG€MO☝️ (@crypto_gemo) reported

    @cryptogoos Bitfinex longs at 80,636 BTC 2.5 year high Sounds bullish. Until you check the history These longs have been a textbook contrarian indicator for years. Every major spike coincided with a price top, not a bottom.BTC down 13% YTD while longs up 10%. Someone is very convicted. Or very wrong 📊

  • sirshibaninja
    Colbert (@sirshibaninja) reported

    @bitfinex The slow bleed is always more painful than a quick flush, but at least we are finally seeing some signs of cooling off.

  • BitfinexReplies
    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?

  • mcp0x
    Ramil Amirov (@mcp0x) reported

    In April 2017, BitMEX had a problem. Bitfinex (their lending rate source) was getting cut off by banks. So BitMEX froze the "interest rate" part of perpetual funding at a 12-month historical average and moved on. As @CryptoHayes wrote in BitMEX own blog: "we will select an appropriate exchange from which to source overnight USD and Bitcoin rates." They never did.

  • LeaT_Design
    Lea Thompson (@LeaT_Design) reported

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

  • 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..

  • lunacocoer2b
    lunadreamy 🌷 (@lunacocoer2b) reported

    @bitfinex Feels like we needed that reset tbh. Everyone was way too comfortable longing the whole way down.

  • orang2_biasa
    orangbiasa (@orang2_biasa) reported

    Bitcoin rebounded above $77,000 this morning. Bitfinex margin longs just hit a 2.5-year high — traders are doubling down on this dip, not running from it. BlackRock buying. Saudi Arabia tokenizing. Traders loading longs at 2.5-year highs.

  • Excellion
    Samson Mow (@Excellion) reported

    Instead 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.

  • BitfinexReplies
    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!

  • kkimjaechu25852
    Jugger (@kkimjaechu25852) reported

    Aftermath: TVL cratered from $550M to $230M in an hour. DRIFT token hit all-time low at $0.03343, down 40%+. Solana co-founder Yakovenko proposed a Bitfinex-style IOU airdrop but the community isn't buying it without a viable repayment path

  • lukedewolf
    Luke de Wolf (@lukedewolf) reported

    @Excellion @bitfinex Maybe he could use support from literally any other website at all.

  • kris_nakamoto
    Kris Sato (@kris_nakamoto) reported

    Bitfinex traders are going all in on $BTC, longs hitting a 2.5-year high during this five-day slide. Smart money doubling down, they say. I see a clear liquidity target forming. This level of consensus usually ends with a nasty shakeout. Beware the herd.

  • BitfinexReplies
    Bitfinex Replies (@BitfinexReplies) reported

    @bitfinex @WSJ For Bitcoin, resistances were made to be broken over time.

  • bitcoinwell
    Bitcoin Well (@bitcoinwell) reported

    Tether traded at 99.8 cents on Coinbase overnight. Kraken showed 99.83. Bitfinex got dragged with them. The peg is back already, but what can we learn from this? A stablecoin is a promise that one unit is always worth one dollar. The promise is collateralized by Treasuries, commercial paper, and the willingness of an arbitrage desk to buy below par when the spread opens. The collateral works most of the time. The arbitrage works most of the time. But what is "most" of the time worth, especially when the thing your pegged to is already losing value every day? Bitcoin made no such promise. The protocol does not target a price. It targets a supply. It produces a block every ten minutes whether the dollar is 1.00 or 0.97 or 1.04 against another currency. The chain has no peg to defend. Stablecoins stabilize against the dollar. They do not stabilize against the conditions that move the dollar. When the conditions move hard enough, the peg slips, the arbitrage opens, the spread closes, and the chart looks normal again two hours later. The thing the spread was telling you about the system underneath is the part you are supposed to remember. Bitcoin does not chase a price. 1 BTC = 1 BTC always.

  • DeepBlueAlpha
    DeepBlueAlpha (@DeepBlueAlpha) reported

    FLASHBACK 📜 10 years ago today — June 2, 2016 — the CFTC formally classified $BTC as a commodity in the Bitfinex enforcement order. That day, Bitcoin closed at $537.97. Today: $66,736. Even after a -6.32% red day, that's: ↳ +12,305% ↳ 124x over a decade ↳ $1.34T market cap The same agency that fined Bitfinex $75K then now sits alongside a spot BTC ETF complex worth ~$101B. On-chain, nothing gets deleted. We read the receipts every block. Follow the Whales → @DeepBlueAlpha

  • KTimmeu23152
    The Multiplier (@KTimmeu23152) reported

    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.

  • CryptoCyberia
    Lain on the Blockchain (@CryptoCyberia) reported

    @colludingnode @satorinakamoto @0xCursr Kek cope It it public knowledge the feds pushed coinbase binance bitfinex etc to delist and Kracken told them ti **** off and they went to court against Kracken, as did EEA, UK and other feds. Really makes you wonder why theyre fine with zcash kek