Bitfinex Outage Map

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Bitfinex Issues Reports

Latest outage, problems and issue reports in social media:

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  Filzahanis (@bloom_pegnmk6) reported 3 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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  The Block (@TheBlockCo) reported 3 minutes ago

  THE BLOCK: Bitfinex Securities has listed five tokenized products offering exposure to bitcoin treasury companies, including Strategy $MSTR, Metaplanet, H100, and Capital B. The equity-backed notes are issued via a Luxembourg securitization fund and trade against USD, USDT, and bitcoin bitcoin:native.

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  Victor (@gvictor808) reported 4 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.

• 
  Nomad (@JourneyMacro) reported 5 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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  Conviction Labs | NVISION (@Conviction_Labs) reported 6 minutes ago

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

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  netrunner (@netrunner_btc) reported 7 minutes ago

  @bitfinex whitepaper never says it but satoshi did use "block chain" (two words) on bitcointalk by 2010

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  The Bull Q🐂 (@TheBull1123) reported 9 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???

• 
  EddieOz ⚡ (@eddieoz) reported 10 minutes ago

  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.

• 
  donnie (@blackhack33) reported 10 minutes ago

  9/12 And exchange support hasn’t been perfect either. Bitfinex officially delisted GALA in March 2026, with withdrawals closing in May. That doesn’t prove fraud — exchanges delist tokens for many reasons. But it is an actual GALA delisting, not an X rumour.

• 
  Jason Montoya (@jaysmontoya) reported 20 minutes ago

  @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.

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  DA₿OLOSKOV (@daboloskov) reported 24 minutes ago

  @BFXSecurities @paoloardoino @bitfinex Are you guys can answer to your customer? Your support form certificate is no signed anymore and outdated.

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  samsainlove .°˖✧ (@samsainlove2) reported 25 minutes ago

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

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  Jason Montoya (@jaysmontoya) reported 26 minutes ago

  @bitfinex fair read on reserves but sentiment this crushed with funding negative means shorts are comfortable here. that's not a safe spot to be short either. leg down is possible, so is a violent squeeze with no buyers on the ask

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  RUBU (@urubullish) reported 28 minutes ago

  @bitfinex Block

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  AlehandroPRO CRYPTO (@Alehandro_PRO_) reported 30 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%).