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Is Kik Going Away

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Kik Messenger is shutting down despite the service having millions of active users around the world. The company said it was closing down the messaging service so it could concentrate on the Kin cryptocurrency it has also created. The decision also means that 80 staff who keep Kik running will be let go.

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Kik Interactive is cutting its staff down from around people to just 19 people. Here's what you need to know Live Blog.

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in. The SEC claimed these tokens were financial assets, or securities, that the company was trading without the correct permissions but Kik denied this.

It will be using all of its time to focus on Kin and get more people to buy and use the online currency. What is the Kik messaging app? Great news: Kik is here to stay!!!!

It will also be deing a cryptowallet to try and make buying and using Is kik going away easier and making it more efficient for developers to use Kin in their apps. 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. All Football.

We pay for your stories! Kik announced on its official Twitter : "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.

This new Facebook Dating feature lets you find secret admirers in your friends list. Livingston has said the company will be focusing on making Kin blockchain technology that can support billions of users making multiple transactions a day.

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. Stay tuned. He added: "Becoming a security would kill the usability of any cryptocurrency and set a dangerous precedent for the industry.

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