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The company said it was closing down the messaging service so it could concentrate on the Kin cryptocurrency it has also created.

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The decision also means that 80 staff who keep Kik running will be let go. No date has been given for when the Private sex chat app will close. Kik Messenger launched in chatbored kik proved popular largely because it lets people register and use it without providing a phone or other credentials.

The legal row blew up because the SEC wanted the Kin crypto-cash launch categorised in the gay lesbian chat way as the initial stock offering for companies that floated on the stock exchange. As well as fighting in court, Kik Interactive would also work to convert the millions of existing Kin users into more active customers and buyers, Mr Cnat said.

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. Cash community Writing about its decision to switch focus, Kik Interactive founder Ted Livingstone said the company had taken the "hard decision" borec shut down Kik because it wanted to devote all its attention to the Kin cryptocurrency.

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And growing the community of Kin users ificantly would make it far harder for the SEC to prevail. In response, Kik said it was "constantly assessing and improving its trust and safety measures".

Chatbored kik

The company said it was closing down the chatbored kik service so it could concentrate on the Kin cryptocurrency it has also boredd. Mr Livingstone said it had to resist the classification of Kin as "security" because this categorisation would "kill" its usability and that of roleplay sex chat similar crypto-cash systems. Cash community Writing about its decision to switch focus, Kik Interactive founder Ted Livingstone said the company had taken the "hard decision" to mature live chat down Borev because it wanted to devote all its attention to the Kin cryptocurrency.

He acknowledged the difficulty the decision would cause as it would mean laying off people who had families and who had "poured their hearts chxt souls into Kik and Kin for over a decade". As well as fighting 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 million "monthly active earners" kk"monthly active spenders". He acknowledged the difficulty the decision would cause as it would mean laying off people who had families and who had "poured their hearts and souls into Kik and Kin for over a decade".

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No date has been given for when the Kik app will close. Mr Livingstone said it had to resist the classification of Kin as "security" because this categorisation would "kill" its usability and that of other similar crypto-cash systems.

Chatbored kik

The legal row blew up because the SEC wanted the Kin crypto-cash launch categorised in the same way as the initial stock offering for companies that floated on boreed stock exchange. Kik Messenger launched in cbat proved popular largely because it chatbored kik people register and use it without providing a phone or other credentials. Kin currently had two million "monthly active earners" and"monthly active spenders". Online: Now. Recently Viewed The legal row blew up because the SEC wanted the Kin crypto-cash launch categorised in the gay lesbian chat way as the initial stock offering for companies that floated on the stock exchange.

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Kik chat bored Kin currently had two million "monthly active earners" kk"monthly active spenders". Related Topics No date has been given for when the Kik app will close.

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