Babylon: Unaware of receiving a $5.3 million investment from BingX Labs
ChainCatcher news, the Bitcoin staking protocol Babylon stated on platform X that it is unaware of the $5.3 million investment from BingX Labs.
ChainCatcher previously reported, according to Be In Crypto, that BingX's innovation department BingX Labs announced a strategic partnership with the Bitcoin staking protocol Babylon, investing $5.3 million in the Babylon project through its $100 million ecosystem fund. BingX Labs stated that its support for Babylon is a key step in unlocking higher security, accessibility, and innovation in the blockchain space.
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