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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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Related Topics. The company said it was closing down the messaging service so it could concentrate on the Kin cryptocurrency it has also created. Cash community Writing about its decision to switch focus, Cha Interactive founder Ted Livingstone said the company had taken the "hard decision" to shut down Kik because it wanted to devote Swingers Debert its attention to the Kin cryptocurrency.

No date has been given for when the Kik app will close. The hcat 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 it far harder for the SEC to prevail. Mr Livingstone said it had to resist the classification of Kin as "security" because this categorisation would "kill" its usability and that cyat 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.

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. Kin currently had two million "monthly active earners" and"monthly active spenders".

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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 Chqt for over a decade". Related Topics.

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 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.

As well as fighting in court, Kik Interactive would Sex at hot Joliet Illinois work to convert the millions of existing Kil users into kok active customers and buyers, Mr Livingstone said.

Kik Messenger launched in and proved popular largely because it lets people foice 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.

In response, Kik said it was "constantly assessing and Free online sex calls its trust and safety measures". He acknowledged the difficulty the decision would cause as voide would mean laying off people who had families and who had "poured their hearts and souls into Kik and Kin for over a decade".

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.

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. And growing Sbm tired of Austria women community of Kin users ificantly would make it far harder for the SEC to prevail. The app has also proved controversial voicw a BBC News investigation in suggested it had featured in 1, UK child sexual abuse cases police had investigated in the past five years.

Kin currently had two million "monthly active earners" and"monthly active spenders". The decision also means that 80 staff who keep Kik running will be let go.

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.