Binance says tokens did not crash to $0, claims ‘display' issue responsible

Cointelegraph🔴 negative
Binance says tokens did not crash to $0, claims ‘display' issue responsible

Friday's sell-off exposed a UI pricing bug on some pairs, Binance says — zero prices on screens, but orders and balances tracked true market levels.

Article Summary

**Binance Addresses Token Price Display Bug After Market Sell-Off Panic** Cryptocurrency exchange Binance has clarified that tokens did not actually crash to zero dollars during Friday's market sell-off, attributing the alarming price displays to a user interface (UI) bug affecting certain trading pairs. The technical glitch caused traders' screens to show $0.00 prices across multiple cryptocurrency assets, sparking panic among the Bitcoin and broader digital asset community. According to Binance officials, while the platform's display systems showed zero values, actual order executions and user account balances continued tracking true market prices throughout the incident. This distinction proved crucial for traders who feared massive losses during the already volatile trading session. The display error highlights ongoing challenges facing major cryptocurrency exchanges as they handle increasing trading volumes and maintain system stability. Binance, the world's largest crypto exchange by trading volume, emphasized that no actual funds were lost despite the frightening visual glitch. This incident underscores the importance of robust infrastructure in the rapidly evolving DeFi and cryptocurrency trading landscape, where technical issues can trigger significant market reactions and trader concerns across blockchain networks.

Article Details

Source
Cointelegraph
Published
October 12, 2025 at 09:52 PM
Sentiment
🔴 negative
Type
Article
Category
bitcoin
Topics
Market

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Binance says tokens did not crash to $0, claims ‘display' issue responsible