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.

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.
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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.

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:

Activities on the chain also remain normal. IOTA officially declares that all assets on the chain are safe and operating normally.