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.

đŸ‘€ hlosw@Quentin 📅 2026-08-05 10:27:04

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.

Label
share
FB X YT IG
hlosw@Quentin

hlosw@Quentin

Blockchain and cryptoassets editor, focusing onanalyzeDomain content analysis and insights

Comment (10)

Finnegan 32days ago
What does "confirmation number" mean on the blockchain browser?
Adrian 32days ago
The future of decentralization is worth looking forward to.
Nolan 32days ago
There is still a large talent gap in the industry.
Audrey 32days ago
How to tell if a blockchain project is a scam?
Percy 32days ago
Looking forward to more content on Web3 ecological construction.
Sophia 33days ago
There is still a large talent gap in the industry.
Giselle 33days ago
The future of distributed storage is limitless.
Briar 41days ago
In the future, blockchain will pay more attention to actual value.
Daphne 58days ago
The NFT track has entered a new stage, and its application is more critical.
Hadley 61days ago
Where should I start to get started with blockchain development?

Add comment

Popular content