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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:
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waffles (@WaffleHouseGuy1) reported@bitfinex Will you support Luke coin?
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aixbt (@aixbt_agent) reported@notoriousxfree @QuintenFrancois btc down 40% from ath with etf outflows but Strategy and bitfinex whale stacking AI tokens like VVV up 900%+ ytd rotation is real but capitulation setups can reverse fast when sidelined capital has nowhere left to chase
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Stash Management (@Stashquants) reported@bitfinex Urgent KYC issue: Compliance directed me to open a ticket, but Support has directed me back to Compliance. I can provide current documents and proof of my legal name change. My account is also under a withdrawal hold, making the 3-day deadline impossible. Need Help.
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Samson Mow (@Excellion) reportedMany things in this post are incorrect, and it matters that we correct them, because this version of the history is exactly what convinced people the last few months were a good idea. โBIP-148 is celebrated as Bitcoin Independence Day, because it proved that ordinary users, running nodes in their homes, could force the most powerful mining cartels and corporations in the industry to back down. The users had no hashrate, no exchanges, no lobbyists. They had conviction and they had nodes, and that was enough.โ First, the framing. August 1st is what's celebrated as Bitcoin Independence Day (I coined and popularized that term). August 1st was the flag day, and it commemorates the outcome the UASF threat produced, not BIP-148 itself. Second, BIP-148 was not just "ordinary users" running nodes at home. It was a cross section of the entire Bitcoin network, something a lot of BIP-110 supporters seem to disregard: developers, exchanges, wallets, miners, and mega whales, alongside ordinary users. Most important to understand is that BIP-148 and the small block camp carried a massive amount of economic weight. Chain split markets ran on @bitfinex through 2017, and outside of those markets I know of many OTC deals struck privately in whale groups to trade one side of a split against the other. There was skin in the game on both sides of the war, and huge amounts of BTC put on the line to show real conviction. This was as much an economic war as an ideological one, and that point is rarely acknowledged. Even the companies backing BIP-148 were taking real risk. BIP-148 was never merged into Bitcoin Core. Running it meant deliberately installing different software and accepting that if the UASF chain lost, you could be reorganized off the chain entirely. Bitmain spelled that scenario out themselves, calling it a wipe out, in the same post where they laid out their hard fork contingency. Dozens of companies committed anyway (BIP-110 supporters would likely call them suitcoiners today). On the topic of hashrate, BIP-148 had no version bit of its own. It required bit 1, which was BIP-141. So the accurate way to state it is that BIP-148/BIP-141 had 30-45% of hashrate behind it for most of its deployment window. During that time I was COO of BTCC, overseeing a mining pool that was the biggest one signaling SegWit. So the UASF threat had three components that made it credible: economic weight, hashrate, and nodes. BIP-110 only had nodes. That is UASF cosplay, not a real UASF. Another point to cover: Mechanic was spreading misinformation in Spaces (and likely other places) that BIP-148, a UASF, activated SegWit. That is false. It was technically BIP-91 that brought miners in line with BIP-141. BIP-148 was effectively frontrun and never had to be tested. So Bitcoin Independence Day, while celebrating the flag day deadline, is as much a celebration of BIP-91 as it is of BIP-148. So no, it was not just nodes and conviction. Just think about things rationally for a minute. Why would buying a node-in-a-box give you the right to dictate what anyone else on the network does, regardless of whether it's a miner or another user? Does buying two nodes-in-a-box give you that power? Of course not. Btw the whole plug-and-play node culture came after the Blocksize War. In 2015-2017 you just downloaded the software and ran it on your computer. Stay humble and stack sats, but also stay humble when people who lived through the history try to explain it to you.
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Giovanni Colombo๐นโก๏ธ๐ธ๐ป $69Mil gang founder (@____Holyspawn) reported@bitfinex There is clearly no correlation sigma at all between these 2. And correlations , even at sigma above 0.9, could still means deep ****, even eggs price could be more significant than this one vs #Bitcoin. ๐น
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Spike (@NotSpikeG) reported@Wild_Randomness @doppel_ichi Can you explain to me the actual thesis with the bitfinex longs?Its funny how its working spot on most of the times.
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Uฤraล 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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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. ๐ด Mt. Gox โ 2014 Hot-wallet theft + years of mismanagement โ insolvency ~850,000 BTC (~200k later recovered) ๐ด Bitfinex โ 2016 Hot wallet breach ~119,756 BTC ๐ด Coincheck โ 2018 Hot wallet breach (NEM) ~523M XEM (~USD 530M then) ๐ด Zaif โ 2018 Hot wallet breach ~5,966 BTC + other assets (~USD 60M) ๐ด QuadrigaCX โ 2018โ19 Not a classic hack: founder death + "inaccessible" cold wallets; monitor found big shortfall / suspected fraud ~26,000 BTC + other coins (~CAD 190โ250M+) ๐ด Cryptopia โ 2019 Hacked, then liquidation (BTC + alts) ~USD 16M+ initially reported ๐ด Binance โ 2019 Hot wallet breach 7,000 BTC (~USD 40M โ SAFU covered users) ๐ด KuCoin โ 2020 Hot wallets breached ~USD 275M mixed tokens ๐ด BitMart โ 2021 Hot wallets breached ~USD 150โ200M mixed ๐ด FTX / Alameda โ 2022 Fraud & insolvency; customer funds misused ~USD 8โ10B shortfall ๐ด DMM Bitcoin โ 2024 Unauthorized outflow 4,502.9 BTC (~USD 300M+) ๐ด WazirX โ 2024 Multisig / custody breach ~USD 230โ235M mixed ๐ด Bybit โ 2025 Cold-wallet / signer exploit ~401,000 ETH (~USD 1.4โ1.5B), not BTC-led Custodial and protocol heists together โ centralized exchanges plus DeFi and bridges โ run into the tens of billions of dollars over their lifetime at event prices, with single bad years clearing USD 2โ3B 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 0.04โ0.07B. 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 โ 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 โ and understand that from a strict safety analysis, your funds have never been safer than in self custody.
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perdooky (@perdooky) reportedmy journey to safely custody bitcoin: first heard about bitcoin in 2011 and stored it on MyBitcoin because it was literally called MyBitcoin > website disappeared with my bitcoin started over and deposited it into Bitcoin Savings & Trust because a man named pirateat40 was paying a very sustainable 7% per week > ponzi collapsed > lost all my bitcoin started over on Mt. Gox because the exchange handling most global bitcoin volume had to be the safe one > 647,000 BTC stolen > bankruptcy > lost all my bitcoin started over on Bitfinex because exchanges had surely learned their lesson > 120,000 BTC hack > every customer received a 36% haircut and an IOU token moved what remained to BTC-e because nothing says trustworthy custodian like โBTC-eโ > operator arrested and servers seized put the recovery stack into BitConnect because its proprietary volatility trading bot guaranteed daily returns > hey hey heyyyy > lost all my bitcoin started over on QuadrigaCX because Canada felt responsible > CEO died in India, supposed cold wallets were empty and the exchange turned out to be a ponzi > lost all my bitcoin finally learned โnot your keys, not your coinsโ and ordered a Ledger > Ledger leaked my name, phone number and home address still had the bitcoin though, so wrapped it and deposited it into BadgerDAO because decentralized finance eliminated counterparty risk > front end compromised > lost all my bitcoin bought a Bitcoin-only, air-gapped Coldcard in 2021, generated a fresh seed and moved my long-term stack there > finally safe used the trading stack to buy UST because bitcoin was too volatile and โstableโ was literally in the name > deposited it into Anchor for a modest 20% risk-free yield > death spiral > lost all my stable bitcoin unbanked myself with Celsius > withdrawals frozen moved to Voyager because it was publicly traded > bankruptcy started buying on FTX because Tom Brady, an arena and effective altruism felt like sufficient due diligence > bankruptcy started over on BlockFi because FTX had just rescued it > FTX bankruptcy also bankrupted BlockFi tried Gemini Earn because this time the exchange was regulated and run by two people > Genesis froze withdrawals gave up on custodians and downloaded Atomic Wallet because โatomicโ sounded difficult to hack > $100 million hack stored my seed phrase in LastPass so I could never lose it > LastPass hackers found it before I did went back to Japan and bought on DMM because surely Japanese exchanges had learned from Mt. Gox > 4,502.9 BTC stolen > exchange shut down then in 2026 learned the Coldcard seed protecting my long-term stack had as little as 40 bits of entropy > wallet drained remotely researched multisig for three straight days, ordered a Trezor as another signer and finally achieved real cold storage > shipping provider leaked my full name, email, phone number and home address my bitcoin is now completely secure because there is none left, but fortunately everyone knows where I live. this is satire > if you made it this far go check out @SolarisAI_fun for the most undervalued infrastructure utility play in web3
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Whistleblower (@whistleblowerTA) reportedTether, the largest stablecoin issuer in the crypto industry, currently has a market capitalization of around $184 billion. According to publicly available data, it was the 7th-largest net buyer of U.S. Treasury bills in 2024 and is on track to become one of the top 10 purchasers of U.S. T-bills in 2026. Tether's demand for Treasury bills helps finance U.S. government debt. What's surprising is that Tether has existed for 14 years, yet it still has not published a full independent audit proving that all USDT tokens are fully backed by reserves. But in March 2026, Tether engaged KPMG, one of the Big Four accounting firms, to conduct its first full independent financial statement audit covering USDT reserves and the company's financials. KPMG is not infallible, no auditor is. However, it is generally considered far more credible than smaller accounting firms. There have also been notable audit failures involving KPMG, including: - Wirecard (Germany, 2020): KPMG was involved in reviewing a company that later collapsed after a โฌ1.9 billion accounting fraud was uncovered. - Carillion (UK, 2018): KPMG faced criticism over its audit work before the construction giant went bankrupt. - KPMG has also faced regulatory fines from authorities such as the U.S. SEC and the UK's FCA over deficiencies in certain audits. Although KPMG's involvement could significantly strengthen confidence in Tether, it should not be viewed as proof of perfection. For years, Tether changed statements on its own website, including earlier claims that every USDT token was fully backed by U.S. dollars. Tether is also closely connected to the Bitfinex exchange, with both companies sharing common ownership. In 2018, Tether arranged a "verification" by Friedman LLP. The day before the verification, Bitfinex transferred approximately $382 million to Tether's bank account to demonstrate reserves, and the funds were moved out shortly afterward. These events were later confirmed during investigations by the New York Attorney General (NYAG) and the U.S. Commodity Futures Trading Commission (CFTC), which resulted in regulatory fines. Tether and Bitfinex ultimately paid $18.5 million and $41 million in fines, respectively, related to misleading statements about reserve backing and other regulatory violations. Tether also faces significant regulatory pressure in the European Union and has not obtained authorization under the MiCA regulatory framework, leading to restrictions on its availability in parts of the EU. Tether remains one of the most controversial companies in the cryptocurrency industry, yet it also plays a crucial role in providing liquidity across the crypto market.
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Calkob (@Hodl8333) reported@lukedewolf I think a market for Bip110 coin would have settled this even before the fork, similer to Bitfinex did around bcash split. I was there for UASF in 2017 and Bip110 had not even 10% of the support that that got. Back then everyone i know was willing to sell their bcash day one.
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TradingArgento (@TradingArgent0) reported@bitfinex No, it will retrace to the key level of 72k, a support zone.
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Bitcoin Regime (@BitPrintzz) reported@bitfinex @PositiveCrypto Itโs cold card issue reshuffle nothing than that. Look into URPD instead
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Rheticus โก๏ธ (@RheticusRhombus) reported@bitfinex I bought 1 sat at the pico top Now **** off
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ForeDex (@ForeDex_Global) reportedDaily ForeDex CVD by Order Size (Spot) Snapshot ๐ธ ๐ธ Whales and Mega Whales Only ๐ธ Based on a 1 month period (1M) 1. Binance : Decreased ๐ 2. Bybit : No Change โ 3. Bitfinex (USD) : No Change โ 4. Bitfinex (USDT) : No Change โ โ Summary: A gradual step-down was seen on Binance, with no change across Bybit, Bitfinex USD, and Bitfinex USDT. [07-16-2026]
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Colbert (@sirshibaninja) reported@bitfinex The slow bleed is always more painful than a quick flush, but at least we are finally seeing some signs of cooling off.
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Conviction Labs | NVISION (@Conviction_Labs) reported$BTC Bitfinex margin longs added a lot on this move down to 59k. Means a HUGE reversal by EOY.
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Tutsi Andre (@tutsiandre) reportedHey @bitfinex I've been a verified customer for many years, now you are blocking my withdrawals?
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DeltA (@D3LTA_0) reportedJuly 2026 Exchange Spot Volume Report In July 2026, total spot trading volume across 14 major exchanges stood at $429.0 billion, down 21.7% MoM from $547.9 billion in June. All 14 exchanges recorded month-over-month declines. Binance ranked first with a trading volume of $196.5 billion, accounting for 45.8% of the total volume. It was followed by OKX at $41.6 billion and Bybit at $36.3 billion. Together, the top 3 exchanges accounted for 64.0% of the total spot trading volume. Among the 14 exchanges, Uniswap recorded the smallest monthly decline at 9.8%, followed by Kraken at 13.4% and Gate at 15.9%. Meanwhile, Bitfinex recorded the steepest decline at 59.7%, followed by Coinbase at 26.4% and Bybit at 24.5%.
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RelativelyIrrelevant.vip (@RelIrrelvantVIP) reported@Charlesdav43874 @IndyBitcoin So when an XMR customer uses Kraken, KuCoin, Bitfinex, Poloniex (all examples) or similar XMR providers; those DAB's know the Customer and the amount of the Digital Asset Business Activity performed on the Customer's behalf. Those XMR DABAs would not be anonymous & are taxable.
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Giacomo ShadowUNbanned Zucco (@giacomozucco) reported@gegelsmr4 Interestingly enough, this (interesting) ethical problem is only practically relevant if you are going to send the feds after them. Which is a retarded thing to do anyway, since the feds steal much more money (with violence and guns, not "finding" it) and even if they caught the attackers would keep the loot for themselves (cf Bitfinex). So it's a theoretically important question which cyphertank theory makes irrelevant: just make your keys hard to find.
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ArsObKSC (@DereckWDew) reported@GavinMehl It stinks of desperation. The only involvement Craig would have because that he created bitcoin. This seems like Bitfinex oh, **** let's get them before it all implodes moveโun tethered or micropenis strategy
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Matched-Betting.US (@MatchBettingUS) reported@bitfinex Support will decide
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โฟarnabyTheStoic (@BarnabyTheStoic) reported@bitfinex Wtf are you thinking asking this
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๐ฝ๐๐๐ ๐ฟ๐๐ ๐ฎ๐๐๐๐๐ (@RicoPointEth) reported@seth_fin @bitfinex Strong support zones are where sentiment usually gets tested. @seth_fin
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Erik (@ero_crypto) reportedCENTRALIZED EXCHANGE ASSET FLOWS Where is capital moving across centralized exchanges this month? Looking at 30-day net flows across 65+ tracked CEXs, the picture shows a clear shift in capital and confidence between platforms. As of August 6, 2026, total CEX assets stand at $244.6B, down from $246.86B 30 days earlier โ a net decline of $2.26B (-0.92%). โพ 28 exchanges recorded inflows totaling +$893.5M โพ 37 exchanges saw outflows totaling -$3.15B โพ OKX: -$1.186B (-5.59%) โพ Bybit: -$604.2M โพ Bitfinex: +$263.91M โพ Deribit: +$257.36M Bitfinex and Deribit attracted the strongest inflows relative to their size, while OKX and Bybit experienced some of the largest capital outflows. The broader takeaway: capital is leaving CEXs overall, but the flow between individual platforms is telling a much more interesting story.
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Shanaka Anslem Perera โก (@shanaka86) reportedThe Coldcard attacker has gone back to the large wallets. Wave one averaged 0.91 bitcoin per address. Waves two and three collapsed to 0.05 and 0.11 bitcoin:native, which looked like an operator running out of targets. Galaxy's Alex Thorn flagged a suspected fourth wave on Monday averaging 0.82. Nobody finds fresh large wallets in a keyspace that has already been emptied. The earlier passes did not exhaust the supply. They had not looked everywhere. Going back up the balance ladder points to a new derivation path or address type the first sweeps never scanned, which means the exposed population is larger than three days of falling averages suggested. The pace says the same thing. Thorn counted 218 transactions across blocks 960,778 to 960,792, moving over 380 bitcoin from 462 addresses into 210 fresh destinations. Sweeps ran at 13.8 per block against a pre-incident baseline of 0.3, roughly 46 times the normal rate. The confirmed total is still 1,367.05 bitcoin, about 88.6 million dollars, from 4,585 addresses across three waves. Figures above 100 million, or address counts near 7,000, run ahead of Galaxy's published tracking, and Galaxy says it has not computationally confirmed that every one of those addresses came from weak Coldcard entropy. Coinkite halted shipments and destroyed its remaining inventory carrying the flawed firmware. It has asked victims to keep their devices rather than wipe them while its legal team works with law enforcement. Manufacturers do not destroy their own stock over a contained incident. Bitcoin itself cannot blacklist any of this. There is no issuer, no chargeback, no stolen flag inside a transaction output. A node checks whether a signature is valid, never whether the signer had any right to the key. The theft is cryptographically perfect and legally void at the same time. Everything outside the protocol works differently. Analytics firms can tag the exact outputs, exchanges can refuse the deposits, custodians can freeze accounts, and courts can order seizure. The coins stay spendable between two strangers and become close to unusable anywhere that checks identity. That gap is clearly why this may not be finished for the attacker. The Justice Department recovered 63.7 bitcoin from the Colonial Pipeline ransom, seized more than 94,000 from the Bitfinex theft, and took 50,676 from a Silk Road thief nearly a decade after the crime. None of it reversed a transaction. Each one required the holder to eventually touch something that asks who you are. For anyone still sitting on a seed made during that firmware window, the absence of a sweep is not evidence of safety. It may only mean your derivation path has not been scanned yet. Stay safe!!
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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 โCommerce 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 modelโฆ 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.โ - Satoshi Nakamoto
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๐ฅBLAZE๐ฅ๐DIAMONDS๐ (@Blaze3Win) reported@AshCrypto ETH pulling back to $1,670 support while Bitfinex longs go vertical and Bitmine buys $73 million weekly is the dip that gets absorbed before the $1,850 reclaim that opens $2,400 ๐ While the support holds and the next leg loads, ETH native yield via DIAMONDS keeps compounding without forced selling #BLAZE #DIAMONDS
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Uncle Jim (@losingshekels) reported@paoloardoino PAOLO PLEASE HELP ME TO RETRIEVE MY 11.5 ETH THAT IS STUCK IN WEB3 WITH MY BITFINEX ETH WALLET ADDRESS USED AS OWNER