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.

👤 hlosw@Quentin 📅 2026-06-21 17:06:53

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)

Riley 18days ago
I hope more people can see this kind of rational analysis.
Raymond 18days ago
There is currently no perfect answer between security and convenience.
Quincy 18days ago
How is the double-spend problem solved in Bitcoin?
Greta 19days ago
Agreed, technology changes the world.
Ophelia 19days ago
What is the relationship between IPFS and blockchain?
Lennox 19days ago
The views are rational and the analysis is good.
Mary 27days ago
It gives ideas on how traditional enterprises can embrace blockchain.
Elspeth 34days ago
Layer2 solutions are indeed increasingly important.
Opal 35days ago
Recognize that technology and compliance are equally important.
Hunter 43days ago
There is still a large talent gap in the industry.

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