Chance Miller. Last month, it was announced that Kik Messenger would be shutting down as the company pivoted to focus on its Kin cryptocurrency.
The SEC claimed these tokens were financial assets, or securities, that the company was trading without the correct permissions but Kik denied this. us at tech the-sun.
This new Facebook Dating feature lets you find secret admirers in your friends list. He added: "Becoming a security would kill the usability of any cryptocurrency and set a dangerous precedent for the industry.
Livingston has said the company will be focusing on making Kin blockchain technology that can support billions of users making multiple transactions a day. Kik announced on its official Twitter : "Great news: Kik is here to stay!!!! We pay for your stories!
Great news: Kik is here to stay!!!! They want to buy the app, continue growing it for our millions of users, and take the Kin integration to the next level. The chat service upset millions of users last month when it said the platform had to close so the company could focus on its cryptocurrency Kin instead. It will be using all is kik going away its time to focus on Kin and get more people to buy and use the online currency.
What is the Kik messaging app? in. Kik Interactive is cutting its staff down from around people to just 19 people.
It will also be deing a cryptowallet to try and make buying and using Kin easier and making it more efficient for developers to use Kin in their apps. Here's what you need to know Live Blog. Stay tuned.
More details coming soon. All Football.
Livingston explained at the time: "Instead of selling some of our Kin into the limited liquidity that exists today, we made the decision to focus our current resources on the few things that matter most.