Binance Blames “Display Issue” Behind Altcoin Crash to $0
4 Articles
4 Articles
Binance Says Altcoins Didn’t Fall to Zero — Blames UI Display Bug
Exchange Clarifies Cause of Apparent Token Collapse Binance said a technical glitch caused several tokens to appear as if they had crashed to $0 during Friday’s crypto sell-off, prompting confusion among traders during one of the market’s most volatile sessions of the year. In an update to users on Sunday, Binance said that IoTeX (IOTX), Cosmos (ATOM) and Enjin (ENJ) were among the assets affected by a “display issue” and not by any underlying p…
Binance Wallet glitch shows $0 balances after weekend chaos
Binance Wallet is incorrectly displaying users’ balances as $0 after “network congestion,” following this weekend’s $400 billion crash in the global crypto market, caused the platform to lag. Users reportedly can’t view “interactive event information,” such as account balances and prices. Binance claims that these problems are “purely display-related,” and that “no core functions or user balances are affected.” It described the lag as “temporar…
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