Binance Labs Denies SkyArk Chronicles’ Funding Claims – Crypto News – Crypto News
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Binance Labs Leads SkyArk Chronicles $15 Mln Funding Round Binance Labs Leads SkyArk Chronicles $15 Mln Funding Round

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Binance Labs Denies SkyArk Chronicles’ Funding Claims – Crypto News

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1 year ago

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A recent twist in the crypto world unfolds as gaming platform SkyArk Chronicles claims a $15 million funding round led by Binance Labs, only to face a swift denial from the crypto giant. The conflicting narratives surfaced on social media, with the original post deleted. Binance Labs refutes participation in the alleged funding, raising questions about the accuracy of SkyArk’s statements and the potential impact on the gaming platform’s credibility.

Binance Labs Refutes SkyArk Chronicles’ Funding Claims

SkyArk Chronicles, a self-proclaimed AAA gaming platform, declared a triumphant $15 million funding round led by Binance Labs, garnering attention from investors and enthusiasts alike. However, Binance Labs swiftly addressed the claim, emphasizing its non-participation in the recent financing.

This counter-statement has sparked curiosity in the crypto community, with blockchain enthusiasts now seeking more clarity on the matter. Notably, in a recent post, Binance Labs clarified that SkyArk Chronicles was incubated and invested in during 2021 through Incubation Season 3, distancing itself from the latest funding round. Binance Lab stated:

“Please note that Binance Labs did not participate in the project’s latest financing round this year. Thank you all for your attention.”

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Rupam, a seasoned professional with 3 years in the financial market, has honed his skills as a meticulous research analyst and insightful journalist. He finds joy in exploring the dynamic nuances of the financial landscape. Currently working as a sub-editor at Coingape, Rupam’s expertise goes beyond conventional boundaries. His contributions encompass breaking stories, delving into AI-related developments, providing real-time crypto market updates, and presenting insightful economic news. Rupam’s journey is marked by a passion for unraveling the intricacies of finance and delivering impactful stories that resonate with a diverse audience.

The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.

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