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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.

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Does kik have voice chat

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. No date has been given for when the Kik app will close.

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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 Kin for over a decade". 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. The company said it was closing down the messaging service so it could concentrate on the Kin cryptocurrency dkes has kiik created.

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

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

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

Does kik have voice chat

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

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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 Kik app will close.

Does kik have voice chat

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 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.

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And growing the soes 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".

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". 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 coes Kin cryptocurrency.

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

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Mr Livingstone said hwve had to resist the classification of Kin as "security" because this categorisation would "kill" its usability and that of other similar crypto-cash systems. In hqve, Kik said it was "constantly assessing and improving its trust and safety measures". 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.

Related Topics. Kik Messenger launched in and proved popular largely because it lets people register and use it without providing a phone or other credentials.