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‘¤ wbfim@Quentin šŸ“… 2026-09-12 18:03:13

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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wbfim@Quentin

wbfim@Quentin

Blockchain and cryptoassets editor, focusing onanalyzeDomain content analysis and insights

Comment (10)

Adam 70days ago
What does TPS of blockchain mean?
Alan 70days ago
The article's outlook on scalability is overly optimistic.
Wade 70days ago
The article's attitude towards supervision is somewhat naive.
Oberon 79days ago
There is still a large talent gap in the industry.
Daphne 83days ago
There are still many opportunities for innovation in the industry.
Zane 88days ago
The lack of a killer application is the industry’s biggest embarrassment.
Daisy 89days ago
The views are solid and worthy of long-term attention.
Vicky 91days ago
Can you really make money by playing chain games?
Cliff 95days ago
Decentralization often comes at the expense of efficiency, which the article underestimates.
Jagger 96days ago
Ecological prosperity is more important than a single technological breakthrough.

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