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‘€ 02mp@Quentin 📅 2026-07-17 06:37:46

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
02mp@Quentin

02mp@Quentin

Blockchain and cryptoassets editor, focusing onanalyzeDomain content analysis and insights

Comment (10)

Betty 13days ago
Finally, someone explained the consensus mechanism clearly.
Vega 13days ago
A good summary, blockchain is indeed iterating rapidly.
James 13days ago
More technical standards will emerge in the future.
Tracy 13days ago
Agreed, decentralization is still a long-term mission.
Ernie 14days ago
The security issues of smart contracts do need to be taken seriously.
Upton 14days ago
This part of cross-chain technology is particularly well written.
Alan 14days ago
Agreed, decentralization is still a long-term mission.
Fiona 14days ago
Agreed, data value on the chain is the key.
Ralph 32days ago
Blockchain expansion is still a long-term issue.
Hector 41days ago
What is the relationship between Web3 and blockchain?

Add comment

Popular content