Tag Archives: kin

Mobile platform Infinity Games has joined hands with Kin, an altcoin. The purpose? Kin will now serve as the official cryptocurrency of the platform and its upcoming game “BUGS,” which centers on players creating clans that war with one another. Infinity Games Has Partnered with Kin Infinity features more than 30 games and has seen them downloaded approximately 190 million times. The company now employs a special team of web3 developers that seek to implement...

Today the next chapter of a long-running and closely watched lawsuit against Ripple will happen. The plaintiff, Bradley Sostack, has time until the end of this Monday to file a response to the startup’s September 20 motion to dismiss. If the case won’t be entirely dismissed, it will probably go into discovery next year.As we already reported, the main point of this dispute is the question of whether Ripple’s cryptocurrency XRP is a security or not.If it is, that means that it should have been...

Messaging platform Kik announced on Friday it was acquired by MediaLab, a holding company that has Whisper and a number of other apps under its wing.The mother company of Kik, Kik Interactive already said, and we reported that it would be closing its app down in October. However, last week, its CEO Ted Livingston said that a company had signed a letter of intent to purchase the app. Both companies kept their mouths shut when it comes to details of the sale.The blog post says:“We believe that...

Photo: Microsiervos / FlickrAt the end of September, we reported that a popular messaging app Kik made the world reel with the announcement about shutting down. At that time, Kik CEO Ted Livingston explained this decision with the company’s downturn position and the necessity to focus more on the development of its Kin (KIN) token. The company was also planning to cut down the number of its employees from over 100 people to a 19 person team. Besides, Kik has a legal battle against the U.S....

The CEO founder of popular messaging app Kik Ted Livingston has maintained his position on keeping on to the end in his company’s legal tussle with the United States’ Securities and Exchange Commission (SEC) over its cryptocurrency’s classification as a security.Kin (KIN) has been at the forefront of a firestorm between the two parties over its initial coin offering (ICO) with the US regulator suing the company earlier this year over the issue. Sources indicate that the CEO gave his position...