Bitfinex, a cryptocurrencycurrency exchange owned by iFinex, has announced operational issues and temporarily suspended trading. In a recent announcement, Bitfinex indicated that trading would restart at 2:45 AM UTC following maintenance.
Bitfinex previously addressed ongoing investigations into performance issues, thanked users for their patience, and promised updates on progress.
According to the most recent report, trading resumed in view-only mode at 2:40 AM UTC, with full trading restarting at 2:45 AM UTC following the resolution of noted issues. Bitfinex thanked users for their patience throughout this time.
The community reacted warily, with many expressing fear, while Cryptoiz Research promised them that Bitfinex would soon return, stating, “Bitfinex maintenance almost done!”
While Bitfinex normally has minimal technical concerns, this latest performance issue is noteworthy. Unlike technological faults, Bitfinex has a history of hacks and exploits.