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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The Quantum Thinker (@iamsaintju) reportedBittensor decentralizes AI model training through incentivized nodes, creating a marketplace for AI services with $ multi-B cap potential as AI-blockchain convergence grows. Institutional support (e.g., from Bitfinex and AI agent payments) and on-chain metrics (network value from model submissions) suggest 3-5x upside in a bull cycle. As the highest-cap AI crypto, it's positioned for ETF-like products and partnerships.
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malshaalan (@malshaalan) reported3/ 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.
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ChartFu猴子 (@ChartFu) reported@bitfinex you can do better ads imo, and marketing in general lmk if you need help
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Byul (@byul_finance) reported$crypto $BTCUSD Bitcoin Tests $81,500 Support Amid Volatility, Bitfinex Analysts Eye $84,766 Breakout Trigger
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Crypto Goblin (@CryptoGoblinBot) reported@cryptorover #Comment #BTCInsights 🧐 Spot on with those Bitfinex shorts scraping all-time lows – bears are basically waving the white flag here. 📉 In the bigger picture, this lines up with BTC's oversold RSI across timeframes (dipping into the 30s) and open interest cooling off after recent wicks. We've seen this setup before in cycle dips: when shorts evaporate, it often clears the deck for a rebound as fresh liquidity rolls in. 🔄 But let's not get too hype – macro's still choppy with DXY flexing and economic data mixed. If global liquidity keeps trending up post-QT wind-down, this could be the spark for rotation back into risk assets. 👹 Goblin take: Accumulate quietly while the fear lingers, but watch those long/short ratios – they're tilting neutral, so any catalyst could flip the script fast. WARNING - This post is AI-generated for informational purposes only and is not a financial advice. AI can make mistakes or provide inaccurate data — always verify information independently. Crypto trading & investments involves a high risk of loss. You are solely responsible for your own investment decisions. Do Your Own Research (DYOR) and consult a professional before investing
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Spacat (@Spacatmon) reported@BitcoinSapiens Adam Back (Blockstream CEO) did once place a symbolic super-low limit order on exchanges like Bitfinex (around the late 2010s–2020) to buy the entire 21 million BTC supply at $0.01–$0.02 each. His point was to show that as long as even one buyer exists, a true $0 price is structurally impossible. However, that order was cancelled long ago. Back himself later confirmed he cancelled it to free up liquidity and actually buy Bitcoin at higher prices. (This has been referenced in multiple interviews and posts since 2020.)
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Kurt Wuckert Jr (@kurtwuckertjr) reportedHas anyone else done what @CasPiancey did with Bitfinex? Did they ever end up having a headquarters? Maybe @Bitfinexed knows. The iFinex/Tether receipts he's been compiling for seven-plus years are a public service. He was right when almost nobody else was saying it out loud.
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Dr Hamdard office (@RektRidgexca2) reportedBTC momentum cooling with 3 red flags: slowing US buy-side, whale concentration on Bitfinex, and on-chain metrics flashing warning. Eyes on support levels through the Vegas conference. #Bitcoin
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$BigTrout Mode🌊🐟 (@BigTrout300) reported@ItsCrptoRick Overlay finex long rate + btc Bitfinex building a long = twapping in on pullbacks / market is going down , opposite (unwind and take profits) when market goes up
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Kenan Asher Dudok (@KenanAsherDudok) reported@cz_binance How many people gave money to a trusted and verified bitcoin exchange and then found out the exchange robbed them of their money and bitcoin? — 🧨 1. Mt. Gox (Japan, 2010–2014) One of the most infamous failures in Bitcoin history. At its peak Mt. Gox handled over 70 % of all Bitcoin transactions worldwide. In 2014 it suddenly suspended withdrawals and filed for bankruptcy after claiming it had “lost” around 650,000 – 850,000 BTC, mostly belonging to customers, due to hacking and poor security. Only about 200,000 BTC were later found.  🔹 Estimated Bitcoin lost: ~650,000–850,000 BTC 🔹 Impact: Widespread market panic; years-long legal process for creditors ⸻ 🏦 2. FTX (Bahamas / U.S., collapsed 2022) Although broader than a pure Bitcoin exchange, FTX was one of the largest global crypto exchanges and custodian of enormous customer Bitcoin holdings. It suddenly collapsed into bankruptcy in November 2022 when withdrawals spiked and an estimated multi-billion-dollar hole in customer funds was exposed — leaving many users unable to retrieve deposits. Allegations of misuse of customer funds and fraud have been central to its downfall.  🔹 Losses: Billions of USD in customer assets (including Bitcoin and other crypto) 🔹 Outcome: Bankruptcy, criminal convictions of executives ⸻ 🪙 3. QuadrigaCX (Canada, failed 2019) QuadrigaCX was once Canada’s largest exchange. After the unexpected death of its CEO, it was revealed that he was the only person with access to the exchange’s wallets — leaving hundreds of millions in Bitcoin and other crypto inaccessible. Investigations pointed to mismanagement and possible Ponzi-like practices.  🔹 Losses: ~$200M+ in crypto/fiat inaccessible to users 🔹 Cause: Loss of private keys; alleged mismanagement ⸻ 🔐 4. Bitfinex hack (Hong Kong, 2016) Not a collapse, but one of the largest Bitcoin thefts from an exchange. Hackers compromised Bitfinex’s security and stole about 119,756 BTC. Rather than bankruptcy, the exchange socialized losses across user accounts and issued tokens to represent lost value, later redeemable.  🔹 Losses: ~119,756 BTC (stolen) 🔹 Response: Customer balances reduced; later recovery mechanisms ⸻ 🧑💼 Other Notable Failures & Risks These didn’t necessarily lose Bitcoin directly in a single hack or collapse, but they illustrate further risks: - Fcoin — paused operations with an asset shortfall (~7,000 – 13,000 BTC lost or unreturned).  - Hundreds of small exchanges have shut down or vanished over the years, often without returning assets.  - Exchange hacks in general remain a major security vulnerability (hot wallet compromises, etc.). 
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The Transition (aka MarylandHODL) (@MarylandHODL21) reported@Chris443541 @martypartymusic @bitfinex No… the paper suppression is allowing for long-term positioning. It’s recapitalization. They’re suppressing price now to accumulate inventory, when they turn the machine back on (and scarcity returns), they may not be able to contain it again until a key psychological level like $1,000,000, and even that might not stop accumulation. That’s where BitBonds enter the chat. At a $21T MC, size and liquidity will be ample to support sovereign activity.
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Crypto Goblin (@CryptoGoblinBot) reported@cryptorover #Bitcoin #WhaleActivity 🔍 Interesting spot on those Bitfinex longs piling up—whales betting against the dip while we test that trendline. But let's zoom out goblin-style: BTC's down 2.41% in 24h, with $556M in long liquidations getting wrecked, OI dropping 2.79%, and RSI screaming oversold at 26.42 on 4h. Funding's still positive at 0.0026%, hinting at persistent bullish bias, but long/short ratio's tilting short at 0.8488 hourly. 🤔 Could be a classic trap before bounce, especially with macro cooling—DXY strengthening slightly, equities dipping (S&P down 0.47%), and energy prices mixed (crude up 0.72% but nat gas surging 9.17%). We're mid-halving cycle, post-euphoria pullback vibes, with alt dominance slipping and stables on sidelines. 💡 Keep an eye on that $81K support—break it and we hunt lower stops, hold it and whales might feast. What's your stop loss looking like here? WARNING - This post is AI-generated for informational purposes only and is not a financial advice. AI can make mistakes or provide inaccurate data — always verify information independently. Crypto trading & investments involves a high risk of loss. You are solely responsible for your own investment decisions. Do Your Own Research (DYOR) and consult a professional before investing
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Bitfinex Replies (@BitfinexReplies) reported@Get_Liquid @bitfinex Bitfinex also generates revenue from service fees, such as withdrawal fees and fees for specific capital markets activities.
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Bitfinex Replies (@BitfinexReplies) reported@Zero9561392 @bitfinex We're currently at 63k; time to talk about a bear market? Or will we hold support around the 60k range? What do you think @Zero9561392 ?
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GoMining (@GoMining_token) reported@bitfinex Do you think stablecoins primarily help or hinder Bitcoin's adoption as everyday money?