It was reported that Binance's IOTX Spot once flash crashed to "0.0000 USD", and the official has confirmed that there is no safety concern.

IOTX was reported to have “dropped to zero” on Binance before rebounding, causing panic. After verification, no abnormal transactions or system anomalies were found, and the public chain's official team confirmed that on-chain asset security is intact and operating normally. (Background: IOTA officially launched a trade finance solution Salus: unlocking a $2.5 trillion market through tokenization) (Additional context: From a new tech stack to global government digital trade cooperation: the ecological evolution of IOTA, a decade-old public chain veteran) A screenshot of “IOTX dropping to zero” went viral over the weekend on Telegram and X, stating that the internet of things coin IoTeX (IOTX) had momentarily dropped to 0.0000 in the Binance Spot market. However, after checking Binance's transaction records and K-line, no record of a price drop to zero was found, which may be a display issue caused by an excessive number of sell orders, and no trader was able to buy at a lower coin price. Below is the current display from Binance: On-chain activities also remain normal, with IOTA's official statement confirming that all on-chain assets are secure and operating normally. Related reports IOTA officially launches a trade finance solution Salus: unlocking a $2.5 trillion market 〈Reports circulating that Binance IOTX Spot once flashed crashed to “0.0000 USD”, officials have confirmed safety〉 This article was first published by BlockTempo, a leading blockchain news media.