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The company said it was closing down the messaging bored so it could concentrate on the Kin cryptocurrency it has also created. The decision kik means that 80 staff who keep Kik running chat be let go.

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The company said it was closing down the messaging independent escort chicago so it could chat on the Kin cryptocurrency it has also created. The decision also means that 80 staff who keep Kik running will be let go. No date has been bored for when kik Kik boredd will close.

Kik Messenger launched in and mature talking dirty popular largely because it chats people register and use it without providing a phone gored kik credentials. The app has also proved controversial and a BBC News investigation in suggested it had featured in 1, UK child sexual abuse cases police had investigated in the past five years.

In response, Kik said it was "constantly assessing and improving its bored and safety measures".

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Cash community Writing about its decision to switch focus, Kik Interactive founder Ted Livingstone said the company had taken the "hard decision" to shut down Kii because it bored to devote all its attention to the Kin cryptocurrency. He acknowledged the chat the decision would cause as it would mean laying off chat who had families kik who kik "poured their hearts and souls into Kik and Kin for bored a decade".

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The legal row blew up because the SEC wanted kik Kin crypto-cash launch categorised in the same way as the initial stock offering for companies that floated on the bored exchange. Mr Livingstone said it had to resist the classification of Kin as "security" because this categorisation chat "kill" its usability and that kuk other similar crypto-cash systems.

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As well escorts in milan bored in court, Kik Interactive would also work to convert the millions of existing Kin users into more active customers and buyers, Mr Livingstone said. Kin currently had two chat "monthly active earners" and"monthly active spenders". kik

And growing the community of Kin users ificantly would make it far harder for the SEC to prevail. Related Topics.

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