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
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Bitfinex Issues Reports
Latest outage, problems and issue reports in social media:
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BlackIntus (@Blackintus) reportedCrypto Fear & Greed Index: 16/100 — “extreme fear.” Bitcoin 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
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Alex Thorn (@intangiblecoins) reported@BTCGUS21 @knutsvanholm coinbase famously did not list both. they didn’t list BCH until late 2017, and then to much controversy as it looked as if perhaps there was frontrunning of the listing however there were BCH perps on bitfinex to help the market determine its value, and some other exchanges did list BCH spot fairly quickly the most famous case of dumping BTC for BCH i’m aware of was jihan wu not seeing liquid perps, exchange statements about perps, major miner signaling re BIP-110 today.. appears to be an extreme minority
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Curtis Green⚡️ (@ilovepoker) reported@BenHart_Freedom Have you heard of Mt. Gox? Bitfinex? And other exchanges that have been hacked? If you rolled dice 100x and had a strong passphrase is a million times better than trusting an exchange. Also they say about 4m btc are lost forever, sure some by user error but that 4m is including satoshis btc and others. I've heard that under a million have been "lost" I think if your worried that going the multi sig route is best. Just use different manufacturers of how. SELF CUSTODY IS STILL KING! Just do it the right way. Trusting an exchange is a disaster waiting to happen.
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lil retard (@comic) reported@theswansjr I bought my first stack of BTC in 2013 at $300. Lost 100+ BTC to mtgox and bitfinex hacks I’ve been a long term believer but the narrative isn’t intact anymore. Performance has been terrible. Taken over by grifters. Your capital is better invested in high growth companies with defensible technology’s
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Cloakd ⌛ (@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
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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
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Cryptocrat (@Cryptocratico) reported🚨 $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 shift—not evidence of a sale. Customer withdrawals, custody, OTC settlement or liquidity management remain possible.
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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?
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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
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No Quarter Brandolini 110 IQ Small Blocker (@FreeSpeechBTC21) reported@BlueDavid BitMex went down.. is Bitfinex next?
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Cosimo Capiτal ⚜️ (@CosimoCapital) reportedI agree most dual equity/token structures are broken, but saying there are no examples is too strong. ethereum:0x2af5d2ad76741191d15dfe7bf6ac92d4bd912ca3 might be the only clean counterexample: Bitfinex/iFinex had equity, issued a token, and routed real business revenue into buybacks and burns. That is the key distinction. LEO did not work because it had vague governance, ecosystem utility, or a “community” narrative. It worked because the token had explicit, credible value accrual. The lesson is not that equity + token never works. The lesson is that it almost never works unless the token has a real economic sink tied to the business. Crypto Twitter has also changed. It is starting to act less like moonbois and more like activist investors. People are demanding value capture, capital return, burns, buybacks, transparency, and alignment. We should study what has actually worked and duplicate the mechanism instead of pretending every token needs to be a vibes-based governance asset.
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Wall Street NYC Quant. bitcoin-fund-manager.com (@BITCOINFUNDMGR) reportedWTF 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.
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- ,, berrygummy🧸 ·˚ ༘ ꒱ (@inipitriii) reportedAnalysts predict Bitcoin Bitfinex Longs chart trend, indicating potential market shifts. Monitoring these signals can help traders make informed decisions. Will Bitcoin's trend continue upward or reverse? #Crypto #Bitcoin #Trading
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tarık (@tarkbalakar) reportedBitMex is shutting down. Now BitMart. What's next? Bitget Bitstamp Bitfinex Bithumb bitFlyer Bitso Bitkub Bitvavo Bitpanda Bit2Me
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2weed 🇵🇸 (@TAUHEED5) reported@CW8900 Wtf is bitfinex whale