Bitfinex Outage Map
The map below depicts the most recent cities worldwide where Bitfinex users have reported problems and outages. If you are having an issue with Bitfinex, make sure to submit a report below
The heatmap above shows where the most recent user-submitted and social media reports are geographically clustered. The density of these reports is depicted by the color scale as shown below.
Bitfinex users affected:
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.
Most Affected Locations
Outage reports and issues in the past 15 days originated from:
| Location | Reports |
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Community Discussion
Tips? Frustrations? Share them here. Useful comments include a description of the problem, city and postal code.
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Bitfinex Issues Reports
Latest outage, problems and issue reports in social media:
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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.
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Cryptocrat (@Cryptocratico) reportedπ¨ $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 shiftβnot evidence of a sale. Customer withdrawals, custody, OTC settlement or liquidity management remain possible.
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umo (@0xumo) reported@bitfinex Terrible timing. Blocking this crap account
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CryptoJGM (@CryptoJM95) reportedπ¨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???
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xgram.io (@xgram_io) reported@CryptoRank_io @bitfinex The golden era of holding exchange tokens just to farm launchpads and get trading fee discounts is officially on life support. π When $BNB is bleeding out 25% YTD and the only thing keeping its head above water is $LEO at a modest +4.5%, you know the broader meta has fundamentally shifted. Between institutional ETFs vacuuming up passive retail capital and DEXs eating all the on-chain volume, the actual narrative utility for CEX tokens is taking a massive hit in 2026. We went from "deflationary burn mechanics make it ultra-sound money" to just praying for a break-even. The house doesn't always win, apparently!
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Nomad (@JourneyMacro) reportedIt'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 βCommerce 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 modelβ¦ 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.β - Satoshi Nakamoto
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Urban Hacker (@realUrbanHacker) reportedAfter 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. π΄ Mt. Gox β 2014 Hot-wallet theft + years of mismanagement β insolvency ~850,000 BTC (~200k later recovered) π΄ Bitfinex β 2016 Hot wallet breach ~119,756 BTC π΄ Coincheck β 2018 Hot wallet breach (NEM) ~523M XEM (~USD 530M then) π΄ Zaif β 2018 Hot wallet breach ~5,966 BTC + other assets (~USD 60M) π΄ QuadrigaCX β 2018β19 Not a classic hack: founder death + "inaccessible" cold wallets; monitor found big shortfall / suspected fraud ~26,000 BTC + other coins (~CAD 190β250M+) π΄ Cryptopia β 2019 Hacked, then liquidation (BTC + alts) ~USD 16M+ initially reported π΄ Binance β 2019 Hot wallet breach 7,000 BTC (~USD 40M β SAFU covered users) π΄ KuCoin β 2020 Hot wallets breached ~USD 275M mixed tokens π΄ BitMart β 2021 Hot wallets breached ~USD 150β200M mixed π΄ FTX / Alameda β 2022 Fraud & insolvency; customer funds misused ~USD 8β10B shortfall π΄ DMM Bitcoin β 2024 Unauthorized outflow 4,502.9 BTC (~USD 300M+) π΄ WazirX β 2024 Multisig / custody breach ~USD 230β235M mixed π΄ Bybit β 2025 Cold-wallet / signer exploit ~401,000 ETH (~USD 1.4β1.5B), not BTC-led Custodial and protocol heists together β centralized exchanges plus DeFi and bridges β run into the tens of billions of dollars over their lifetime at event prices, with single bad years clearing USD 2β3B 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 0.04β0.07B. 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 β 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 β and understand that from a strict safety analysis, your funds have never been safer than in self custody.
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UΔraΕ Bay (@kochobay) reported@bitfinex A hacker, when he/she asked for 1 bitcoin to send decryption method for the disk of a virtual server :)
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PIKACHU4SSR IS πALIVEπ¦π (@PikaDetects) reportedwhat is this about bitfinex ? Error loading address data. (400 OK: Invalid Bitcoin address) ?? #Bitcoin
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Remote Career Africa (@RemoteCareerAfr) reportedBitfinex is Hiring π’ Role: Product Manager Location: Remote (Worldwide) Pay: Competitive - 2+ years of product experience (or equivalent hands-on ownership). - Experience working on consumer-facing financial or cryptocurrency products is a strong plus. - Strong product sense and ability to simplify complex flows.
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Sheryl | Simple Crypto Advice (@syedaliakber2) reportedπ¨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???
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lunadreamy π· (@lunacocoer2b) reported@bitfinex Feels like we needed that reset tbh. Everyone was way too comfortable longing the whole way down.
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Moloch (@Moloch6666) reported@vincent_vancode It's manipulated on the way down and up It has been discovered in court how tether is manipulating the prices with bots in cooperation with the biggest exchanges(bitfinex case).
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Kryptos Opus (@kryptosopus) reported@lush_amorelli @BitcoinMagazine @glxyresearch Tell that to Bitfinex. Hackers sat on 120k BTC for 6 years and still got busted trying to cash out in 2022. The coins didn't vanish, the feds just waited them out. Stolen bitcoin is a ticking clock, not a brick. Terrible ROI, sure, but "impossible" is doing a lot of lifting there
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Cloakd β (@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