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  • We're guessing the folks at Kik want to give a kick to authority of some kind right about now (via Pixabay).
    We're guessing the folks at Kik want to give a kick to authority of some kind right about now (via Pixabay).
    Alt coins

    Hounded by SEC, Kik shuts down, laying off 100: Here’s what you need to know

    The high-profile lawsuit over its Kin ICO proved too much for the messaging app, which will keep a small team developing the cryptocurrency

    September 24, 2019 /

    The U.S. Securities and Exchange Commission claimed a high profile scalp on September 23, when messaging service Kik announced it would shut down, laying off more than 100 employees. (Update: as of Oct. 13, it's not shutting down.)

    Read More
    Leo Jakobson
  • Alex Frenkel, general manager of Kin Ecosystem (via LinkedIn)
    Alex Frenkel, general manager of Kin Ecosystem (via LinkedIn)
    Alt coins

    Despite SEC lawsuit against Kik, Kin Ecosystem is growing, claims GM | Interview

    Alex Frenkel sees developer interest in tokenomics gaining steam

    July 16, 2019 /

    Kin Ecosystem is alive and well, according to its general manager, Alex Frenkel. That’s despite the Securities and Exchange Commission lawsuit against Kik Interactive, the company which created Kin. The SEC claims the Canada-based messaging app sold unregistered securities to U.S. investors during its 2017 ICO. The complaint stopped short of alleging that the Kin token—which is governed by Kin Ecosystem—is a security.

    Read More
    Martine Paris
  • Kik loses SEC suit
    The SEC emerges victorious in its ICO lawsuit against Kik (via Shutterstock).
    Alt coins,  United States

    Kik hit with SEC securities lawsuit over its $100 million ICO

    The Securities and Exchange Commission argues that the Kin cryptocurrency was a security

    June 4, 2019 /

    In one of its highest profile enforcement actions to date, the Securities and Exchange Commission sued Kik Interactive today, claiming it illegally raised $100 million through an initial coin offering in 2017 without registering as a security.

    Read More
    Leo Jakobson
  • Coinbase underpays female, black employees
    Coinbase CEO Brian Armstrong (Photo: Leo Jakobson).
    Bitcoin

    Put crypto to work, says Coinbase’s Brian Armstrong in Consensus 2019 panel with Union Square Ventures’ Fred Wilson

    Coinbase Pro now has $1 billion under management according to Armstrong

    May 15, 2019 /

    It’s time for cryptocurrency investors to stop hoarding and start putting their digital assets to work. That was one message Coinbase CEO Brian Armstrong offered attendees at Coindesk’s Consensus 2019 conference in New York on May 15.

    Read More
    Leo Jakobson
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