It is reported on the Internet that Binance IOTX spot flash crashed to "0.0000 US dollars", and the official has confirmed that it is safe.

šŸ‘¤ hlosw@Quentin šŸ“… 2026-02-04 04:47:58

It was reported that IOTX "returned to zero instantly" and then rebounded on Binance, causing panic. After verification, no abnormal transactions or system abnormalities were found. The public chain official also confirmed that the assets on the chain are safe and operating normally.
(Preliminary information: IOTA officially launches the trade finance solution Salus: Unlocking the US$2.5 trillion market through tokenization)
(Background supplement: From a new technology stack to global government digital trade cooperation: the ecological evolution of ten-year public chain veteran IOTA)

The screenshot of "IOTX Return to Zero" became popular on Telegram over the weekend with X, referring to the Internet of Things currency IoTeX (IOTX) In the Binance spot market, it instantly fell to 0.0000.

It is reported on the Internet that Binance IOTX spot flash crashed to

However, subsequent checks of Binance transaction records and K line, no record of the price returning to zero was found. It may be due to the display problem of too many instant sell orders, and no trader can buy the lower currency price. The following is the current display of Binance:

Binance IOTX. The spot price once flashed to

Activities on the chain also remain normal. IOTA officially declares that all assets on the chain are safe and operating normally.

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hlosw@Quentin

hlosw@Quentin

Blockchain and cryptoassets editor, focusing onanalyzeDomain content analysis and insights

Comment (10)

Jocelyn 30days ago
Too many projects are reinventing the wheel, resulting in serious waste of resources.
Bob 30days ago
The future narrative is still there, but implementation is more important.
Wolfgang 30days ago
In the future, blockchain will pay more attention to actual value.
Carter 30days ago
Look forward to more innovative directions being explored.
Isabelle 30days ago
The vision of "Internet of Value" is currently unaffordable.
Nolan 30days ago
How is a digital currency wallet address generated?
Rory 33days ago
The future of distributed storage is limitless.
Leah 45days ago
There is currently no perfect answer between security and convenience.
Florence 45days ago
Agree that technology implementation determines the future.
Eleanor 56days ago
The technology stack will be more modular in the future.

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