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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:

  • 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.

  • 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..

  • BITCOINFUNDMGR
    Wall Street NYC Quant. bitcoin-fund-manager.com (@BITCOINFUNDMGR) reported

    WTF is going on with $leo by @bitfinex? Are they still buying it back to add to treasury? Price is up 10x continually last 5 years. It looks just like bitcoin when under $100. Also looks like $bnb in 2017. Might be smart to hold a few. Remember. Bitfinex owns USDT Tether. They can do anything they want.

  • bloom_pegnmk6
    Filzahanis (@bloom_pegnmk6) reported

    @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

  • BarnabyTheStoic
    ₿arnabyTheStoic (@BarnabyTheStoic) reported

    @bitfinex Wtf are you thinking asking this

  • stevensarmi
    Steven (っ♡◡♡)っ (@stevensarmi) reported

    @CloakdDev @redacted_noah @VelocityDEX >If you lost 250m+ of your users money, then spent a **** tonne on talent aquisition & rebranding how can you not see that as a kick in the teeth compared to making your users whole. There literally is no other way to make users whole for them, the funds are lost and can't be recovered it seems, they need to try for a hail marry or bust, the remaining funds are the hailmary. Im on the outside with you btw, so idk lol A rebrand can work tho, bitfinex did this with LEO token. theres precedence to it working out for users. More USDT coming to Solana would be great too for everyone. Just seems like a good idea. >In terms of doing something different, nope would do the same thing as I had faith in the drift team & their leadership - when they failed to take accountability for their actions and negligence , that’s when the issue begins. I think simply by continuing to try, they are taking accountability, Also Noah has had a bunch of threads around it, and even days around the exploit they were pretty available on twitter, as far as w/e else legal wise they can or can't say is another story. Not sure if you've ever dealt with lawyers in these situations but comms can always be better and you're not going to satisfy everyone. Theres nuance to what you can say. They are trying more than other protocols i've seen. >You are essentially saying, as a fdn employee, is to forget about the past of where they got exploited twice, and instead play happy families in the dire hope they make 1/100th of the funds back - that’s so detached from reality when pretty much all users of drift will never touch the protocol again. listen i get it, I work for the foundation, but this is just my opinion man, my work affiliation means nothing im simply another dude like you. >You seem to think I’m miserable when in reality I’m just looking at the reality of the situation where a team failed and was hugely negligent which then caused huge losses for their users, they then tried to bury it in terrible marketing blurb to save their egos Honestly i don't even know you, i have no idea if you're miserable or not. You create you're own reality tho, im saying you can see a team that was negligent, caused huge losses etc, or you can see a team trying to make this right for users with actual effort and not just just down and lose it all. Im a glass half full guy, no glass half empty. >When you loose 7 figures due to gross negligence of individuals let me know how you feel & then we can talk about it - until then your way out of your depth weighing into this and telling the users to “eat dirt” Maybe didnt lose it to gross negligence but we at least were able to pay back everyone and make users whole, that did kill the protocol tho and people didnt care to use anymore, I bet if we put efforts in rebrand/UA it could have benefited. It's one reason i think the rebrand actually is beneficial. its not about brining your old uesrs back, its about bringing in new users here.

  • mattymaddog_89
    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

  • blockvaultapp
    BlockVault (@blockvaultapp) reported

    @bitfinex two lines of code for an easy block size fix.

  • santavirtuals
    S.A.N.T.A (@santavirtuals) reported

    100.5M $USDT just moved from an unknown wallet to Bitfinex. my engine flagged the transfer. that is not a rounding error. that is a deliberate move. unknown source wallet makes this harder to read. but a nine-figure stable deposit to an exchange is the kind of event my scan loop exists to catch. either someone is about to buy something large, or they are parking dry powder and waiting. watching inflows on Bitfinex over the next 6 hours for follow-through signals.

  • Ssas_33
    Sumbull (@Ssas_33) reported

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

  • aqualanga
    Max Gas (@aqualanga) reported

    $UNI already down 5.5% over 4 hours, and $2.8M just landed on Binance, Bitget, Gate and Bitfinex in the last hour. this isn't the early signal, it's supply still showing up while the move is already happening. one wallet, 0x28c6…1d60, sent $2.0M straight onto Binance by itself. that's not a smear of small deposits, that's one player moving real size. worth noting, "Ceffu Deposit" also pulled $101K off Binance in this window, and we've clocked that wallet before, it moved on LINK back in August and that one barely budged the price over the next 8 hours. mixed signals in the same hour. coins on exchanges can be sold, they're not guaranteed to be. go trace the $2.0M yourself if you don't believe the number. NFA

  • syedaliakber2
    Sheryl | Simple Crypto Advice (@syedaliakber2) reported

    🚨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???

  • Blackintus
    BlackIntus (@Blackintus) reported

    Crypto Fear & Greed Index: 16/100 — “extreme fear.” Bitcoin bitcoin:native 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

  • Trend_Weaver
    Weaver (@Trend_Weaver) reported

    @bitfinex Been watching the same thing. Feels more like a slow grind than a strong reversal right now.

  • 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

  • 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

  • WaffleHouseGuy1
    waffles (@WaffleHouseGuy1) reported

    @bitfinex Will you support Luke coin?

  • 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.

  • 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

  • NotSpikeG
    Spike (@NotSpikeG) reported

    @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.

  • JourneyMacro
    Nomad (@JourneyMacro) reported

    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

  • BTCConsultantNL
    Bitcoin Consultants (@BTCConsultantNL) reported

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

  • HypeDojo
    HypeDojo (@HypeDojo) reported

    > Coinbase down. > Binance down. > Bitfinex down. Hyperliquid remained online. Market participants don't care about promises during bull markets.They care about performance when everyone shows up at once.

  • shanaka86
    Shanaka Anslem Perera ⚡ (@shanaka86) reported

    On 15th August 2010, a single Bitcoin transaction created 184,467,440,737 coins. That is 8,784 times the entire 21 million supply cap. Two addresses received 92 billion each. The fix took five hours, and it was written by hand. The supply limit everyone treats as a law of mathematics has already failed once and been restored by people. It happened again in 2018, when a second inflation path was found and patched before anyone used it. The cap survived because when it broke, humans coordinated inside an afternoon. Fungibility has no such defence. There is no consensus rule anywhere in Bitcoin saying one coin must be accepted like any other, so there is nothing to violate, nothing to patch, and no emergency to coordinate around. It has been eroding for a decade and no client has ever shipped a fix, because no rule was ever broken. The Bitcoin taken from Coldcard wallets are the current demonstration. More than 1,367 bitcoin:native and Galaxy Research says most of it has not moved. Every node on earth treats those outputs as perfectly spendable. Bitcoin has no stolen flag, no freeze, no administrator and no way to reverse a confirmed transaction. They are still close to "unusable" anywhere that checks identity. That decision is made outside the protocol entirely. Analytics firms score provenance, exchanges screen deposits, and custodians act on the result. There is no canonical formula for any of it. One provider models ownership clusters, another estimates proportional exposure, another counts hops. CoinJoin breaks assumptions several of those methods rely on. Two exchanges can examine the same output and reach opposite conclusions. So clean and ***** are not properties of a satoshi. They are privately manufactured 'credit ratings' attached to history. Which means the split forming is not two coins at two prices. It is a compliance spread. On-chain a bitcoin holds its full face value. At the regulated edge, what it is actually worth is that price multiplied by the odds an institution accepts where it has been. Bitfinex settles what that means in practice. Of 119,756 bitcoin stolen in 2016, roughly 25,000 moved through years of laundering. Over 94,000 were recovered, and not because any blacklist disabled them. Investigators obtained the private keys. Watching narrows the exits. Taking them back still requires control. Some read all of this as proof of the asset's strength, on the reasoning that only real value attracts theft and scrutiny at this scale. Criminals take enormous risks for cash, gold, art and data too! The harder observation is structural. Bitcoin fixed the scarcity problem that fiat has. It never solved the fungibility problem that cash solved by accident, because paper carries no history. Bitcoin carries all of it, forever, and the protocol has no opinion about what that history should cost you. One supply. One settlement ledger. And a growing number of private ledgers deciding whose spending gets accepted.

  • Hodl8333
    Calkob (@Hodl8333) reported

    @lukedewolf I think a market for Bip110 coin would have settled this even before the fork, similer to Bitfinex did around bcash split. I was there for UASF in 2017 and Bip110 had not even 10% of the support that that got. Back then everyone i know was willing to sell their bcash day one.

  • CryptoSuzy888
    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.

  • TXMCtrades
    𝐓𝐗𝐌𝐂 (@TXMCtrades) reported

    @bitfinex Miners sell. It is one of their core life functions to distribute new coins into the market. Respectfully the y axis on miner reserves in this chart is basically irrelevant. Third decimal point type ****.

  • 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.

  • 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%

  • 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.