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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. The decision also means that 80 staff who keep Kik running will be let go. No date has been given for when the Kik app will close.

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The decision also means that 80 staff who keep Kik running will be let go.

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Kin currently had two million lik active earners" and"monthly active spenders". No date has been given for when the Kik app will close. 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 Kik because it wanted to devote all its attention to the Kin cryptocurrency.

The legal row blew up because free chat hotline SEC wanted the Kin crypto-cash launch categorised in the same way as the initial stock offering for companies that floated on the stock exchange. 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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how 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 the stock exchange. And growing the community of Kin users ificantly would make transgender chat far harder for the SEC to prevail.

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. The decision also means that 80 staff who keep Kik running will be let go. Cash community Writing about its decision to switch focus, Kik Interactive founder Ted Livingstone said the company had taken the "hard decision" to gay teenagers chat down Kik because it wanted to devote all its attention to the Kin cryptocurrency.

Kik shuts down once popular messaging app - CNN

Related Topics. 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.

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

Kik Messenger launched in and proved popular largely because it lets people register and use it without providing a phone or other credentials. The company said it was closing down the messaging service so it could concentrate on the Kin cryptocurrency it has also created. Kik Messenger launched in and proved popular largely because it lets people register and use it without providing a phone or other credentials.

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

In response, Kik said it was "constantly assessing and improving its trust and safety measures". The company said it was closing down the messaging service so cjat could concentrate on the Kin cryptocurrency it has also created. He acknowledged the difficulty the decision would cause as it free chat no mean laying off people who had families and who had "poured their hearts and souls into Kik and Kin for over a decade".

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. Mr Livingstone said it had to resist the classification of Kin as "security" because this nude girls snap chats would "kill" its usability and that of other similar crypto-cash systems.

Kin currently had two million "monthly active earners" andcchat active spenders". No date has been given for when the Kik app will close.