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Binance Blames “Display Issue” Behind Altcoin Crash to $0
Two days after several altcoins on Binance crashed to zero, the cryptocurrency exchange issued a statement today (Monday), blaming the incident on a “display issue”. IoTeX, Cosmos, and Enjin are among several cryptocurrencies whose value on Binance hit $0 last Friday. However, their values were much higher than $0 on other centralised crypto exchanges at the same time. “Certain trading pairs (such as IOTX/USDT) recently reduced the number of decimal places allowed for minimum price movement, causing the displayed prices in the user interface to be zero, which is a display issue and not due to an actual zero ... (full story)