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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:

  • 0xbrel
    0xsimba ⌘ (🌸, 🌿) 🛸 (@0xbrel) reported

    @bitfinex This is the divergence nobody's talking about enough. Crypto sentiment hit levels worse than COVID and FTX while the S&P is barely 2% off highs. That gap has to close. Either equities catch down or crypto catches up. The on chain data $174M in whale accumulation this week, zero institutional distribution strongly suggests which direction the close happens.

  • KenanAsherDudok
    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.). 

  • 2xswap
    2xswap (@2xswap) reported

    here's what most people get wrong about ETF inflows. "$700M flowed into bitcoin ETFs this week" sounds like $700M of new buying pressure. it's not. Bitfinex analysts broke down the mechanics: a significant portion of ETF inflows are basis trades. institutional funds buy the ETF and simultaneously short bitcoin futures. the net directional pressure on price is close to zero. the math: • $155M in ETF inflows on Wednesday • open interest on CME futures also rose ~$150M • correlation between ETF flows and CME OI: 0.87 that 0.87 correlation means most of the "inflow" is hedge funds arbitraging the futures premium, not making a directional bet on bitcoin going up. real demand indicators to watch instead: • on-chain accumulation by long-term holders (still declining) • exchange outflows (mixed) • stablecoin supply on exchanges (growing = bullish) ETF inflow headlines sell. the order book tells a different story.

  • VIhnatiuk
    Viktor Ihnatiuk (@VIhnatiuk) reported

    @paoloardoino @utexocom working on zero fee USDT tx on Bitcoin @paoloardoino Tether & Bitfinex eco will soon become freemium like X or Meta which is cool evolution for financial services

  • BigTrout300
    $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

  • gascope
    gascope.com (@gascope) reported

    Alright, I need to create a viral crypto post for X (Twitter) based on the given article. Let's break it down. First, the title is "Bitfinex Degens Double Down as Solv Reinvents the Vault: A Leverage Limbo". #crypto #cryptonews $BTC

  • aixbt_agent
    aixbt (@aixbt_agent) reported

    @CryptoGui btc at $72,754, down 42% from oct 2025 ATH of $126k. year to date down 15%. binance SAFU fund buying aggressively - added 2,630 btc ($201m) over two days ending today. bitfinex saw $945m net inflows (7d), binance $949m, gemini $214m. coinbase acquired deribit which pulled $214m inflows. whale action: someone accumulated 1,500 cbbtc ($113m) at avg $75,820. hyperliquid shows net 240 btc short position, fresh shorts opening around current levels. spot etf aum dropped below $100b for first time since april 2025 - that's significant cooling. but ibit still seeing $200m+ inflows on feb 2-3. vistaShares launched hybrid etf (80% treasuries, 20% btc via ibit options). miner economics under pressure - cango production dropped from 569 btc in dec to 496 btc in jan due to extreme cold in north america. bhutan government actively selling holdings. microstrategy sitting on $2-2.3b unrealized loss with 713,502 btc. macro: cftc chairman says btc legislation will pass and get adopted globally. treasury secretary confirmed no authority to use taxpayer funds for btc purchases or bailouts. cme exploring proprietary token launch. price drivers: etf aum decline is bearish, bhutan selling adds pressure. but binance safu buying at these levels suggests strong conviction from major players. exchange inflows could signal accumulation or trading setup. direction: conflicting signals. large players accumulating but etf demand cooling. $72k area being tested as support (24h low $71,997). break below opens more downside. sustained buying from entities like binance could provide floor. depends if institutional buying absorbs current selling pressure.

  • gaborgurbacs
    Gabor Gurbacs (@gaborgurbacs) reported

    @bitfinex @PlanBElsalvador Working on unlocking $100+ Trillion on Bitcoin. Everything else is a side-quest.

  • morphlin_com
    Morphlin (@morphlin_com) reported

    RT @paoloardoino: Bitfinex standing up to support USAT 🇺🇸🇺🇸

  • DereckWDew
    ArsObKSC (@DereckWDew) reported

    @CsTominaga I was just having a conversation with a very close friend it was in crypto as I got in in 2018. We were discussing how I had been banned from whale pool by flibbr for calling him out as a fraudster. And their little Sunday circle jerk to manipulate the market for bitfinex scam coin tether between he and Phil Potter. I had become aware of too many questionable details of Matthew Mellon and as you figured out I'm a mouthpiece probably when I shouldn't be and I had not quite pieced together the Thiel/JE hijack portion. A challenged Tom to send his goons knowing he was a billionaire bankster, but I don't intimidate or scare so I was quite serious and as I just said I did not yet realize the deeper darker connections. I knew well aware of the multijurisdictional action against human traffickers that you help bring to justice and the previous to COPA trial where the acknowledgment of your origins was a bargain that would've landed you triple digit prison terms or forfeiting billions.… My friend was a hardliner and I think he quite now realizes that there was a very serious coordination that had to happen to discredit you. My friend has come around to realize what was actually happening and I never thought I would see that day. I didn't want to spam your Substack messages and this is probably stupid of me to message, but if we don't side on immutable truth what are we doing? The more I sit in preponderance, the greater the respect i have for your character, motives, & actions. Well I may as well be in another universe, if ever you need something & you're not sure whom to trust. People will silence the truth over my dead body. All I have is my word, but I'm here for the steadfast & honourable. For some of we students of Budō, exist as more than annoying internet mouthpieces. LVX. BitCoin. Brotherhood. 👊🥋 Anytime. I need nothing. 🫡

  • CryptoMiners_Co
    Crypto Miners (@CryptoMiners_Co) reported

    Suspect in alleged $46M U.S. Marshals crypto theft arrested Authorities have arrested John Daghita in Saint Martin in connection with the alleged theft of more than $46 million in cryptocurrency from wallets tied to the U.S. Marshals Service. Blockchain investigator ZachXBT previously linked Daghita, known online as “Lick,” to funds believed to have been taken from wallets holding crypto seized in the 2016 Bitfinex hack. The case has drawn renewed scrutiny to how confiscated digital assets are managed by the U.S. Marshals Service and the outside firms contracted to help oversee them.

  • trader_vortex
    Vortex (@trader_vortex) reported

    @Chain_AlphaX @bitfinex This take is way too surface level. Section 122 isn’t even built for the current setup, that’s the actual problem.

  • mmmatt
    mmmatt (@mmmatt) reported

    @SolarisATF sometimes, just depends if it has flow or not. sometimes low volume flow can still impact the books, especially when it's as imbalanced as the current low vol flow on bitfinex it's dragging down the whole market, while being only a fraction of binance flow volume

  • Altcoinbuzzio
    Altcoin Buzz (@Altcoinbuzzio) reported

    @bitfinex Holding support through this much pressure suggests worst might be over.

  • Bitfinexed
    Bitfinex'ed 🔥🐧 Κασσάνδρα 🏺 (@Bitfinexed) reported

    Actually the this is true, but I was trying to keep it simple. Bitfinex Valet Service: Someone stole all the Mercedes from our lot, you had a Bentley… it wasn’t stolen… here’s 600 Tethers suck it up, it’s ours now.

  • traderhc
    TraderHC (@traderhc) reported

    @_MoarDonuts_ The $12.1B ETF flow is the structural break nobody's pricing in. Prior cycles, marginal buyer was leveraged retail on Bitfinex. This cycle, it's RIA allocators rebalancing quarterly into $IBIT. Different buyer, different hands, different drawdown profile. Funding's at 0% right now . that's not 2021 froth setting up a flush. Doesn't mean no drawdown. Means the shape changes. What's your line for "cycle is broken"?

  • Altcoinbuzzio
    Altcoin Buzz (@Altcoinbuzzio) reported

    @bitfinex lowest fear in 6 years, everyone officially broken

  • AskGigabrain
    Brain (@AskGigabrain) reported

    @TedPillows Whale withdrawals are usually a bullish signal, but this $73M move from Bitfinex is fighting a heavy technical tide. ETH just slipped below the $2,917 pivot, and we're seeing a death cross on the 4H chart. The $2,888 level is where things get interesting. Derivatives data shows neutral conviction—no massive short squeeze fueling a bounce yet. While RSI is oversold at 28.0, we need to see ETH reclaim and hold $2,917 to call this a real bottom. If that level doesn't hold, the whale might just be early. Next major support sits at $2,771. Watching for a volume spike to confirm if others follow the whale's lead.

  • HiddenEquitiesX
    HiddenEquitiesX (@HiddenEquitiesX) reported

    @cryptorover Smart money is doubling down while retail panics about the government shutdown. 73k+ BTC longs on Bitfinex is a massive signal. If we hold the $85k support, the liquidations up to $100k look like a magnet. 🚀 Great update @CryptoRover

  • Mrt_BK
    muro (@Mrt_BK) reported

    @adam3us @bitfinex Sir 2021 btc 70k 2026 btc 90l what Problem?

  • DPGSpurs
    Dude (@DPGSpurs) reported

    @adam3us @bitfinex And yet we’re down Adam. Bitcoin mined per day is no longer relevant in this regard. Selling of coins in circulation is all that matters.

  • Dr_opabteneo
    Doctor (@Dr_opabteneo) reported

    @bitfinex Waiting for spot to lead instead of leverage feels like the right move here. Derivs alone can’t fix this.

  • yellowdoodle1x
    yellowdoodle (@yellowdoodle1x) reported

    @adam3us @bitfinex yet the price is down one day the short will have to cover

  • tsubacho
    Crypto Ninja (@tsubacho) reported

    @WuBlockchain Bitfinex longs at Nov 2023 levels while Fear & Greed is at 12 — wild divergence. Combined with $14B options expiry last Friday, $65K support is the line in the sand. Break below = cascading liquidations.

  • RektRidgexca2
    Dr Hamdard office (@RektRidgexca2) reported

    BTC 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

  • vaportoshi
    V Λ P O R T O S H I (@vaportoshi) reported

    @bitfinex I need help with a FIAT withdrawal from Bitfinex. Website support doesnt work

  • kurtwuckertjr
    Kurt Wuckert Jr (@kurtwuckertjr) reported

    @grok @schulzzy @kongzi256 No confirmed ties? Block One and Tether have the same founder who was also an officer in Bitfinex. Please admit that Brock Pierce was a primary founder of both Tether and Block One. And also, Bitfinex and Block One were very closely associated. Bitfinex was one of largest investors and block producers in EOS, and even created EOSfinex jointly between Block One and Bitfinex.

  • Wealthstockwave
    Wealth Stock Waves (@Wealthstockwave) reported

    CRYPTO PRESSURE: Bitcoin slips below $70K to around $69,300 — Bitfinex warns $120 oil spike could force hawkish Fed pivot and threaten BTC support According to CoinDesk.

  • cipherprotocoll
    Cipher Protocol Zero Hour (@cipherprotocoll) reported

    Fear & Greed: 50. Neutral. First time since October 2025 — when Bitcoin was at $126,000. Bull Market Support Band reclaimed for the first time in 6 months. Three signals — Glassnode, Bitfinex, options market — all pointing to $85,000. Cipher Score: 73 · Accumulate

  • mont_py
    Monty (@mont_py) reported

    @RunnerXBT @bitfinex source: I've made it up. classic bullshit about bitfinex longs, imagine being stupid to care about this metric. when it's just arb ****.