The minimalist payment app is built around the cryptocurrency KIN, which forced its creator – the messaging app Kik – to pay a $5 million fine to the SEC following a $100 million ICO.

By Sam KesslerJul 19, 2023

Ted Livingston speaks at Kin Ambassadors event in NYC April 2018. Photo by Brady Dale for CoinDesk.

Markets

Kik Must Pay SEC $5M, Judge Rules, Ending Yearlong Battle Over $100M ICO

Kik will pay $5 million in penalties as part of a proposed settlement with the SEC, which sued the messaging app last year.

By Danny Nelson, Nikhilesh DeOct 20, 2020

Markets

Telegram's Defeat Isn't 'Binding' in Kik Case, Judge Tells SEC

Kik's proverbial day in court may take a lot longer than Telegram's, if the judge’s response to the SEC during a hearing this week is any indication.

By Sandali HandagamaJul 10, 2020

U.S. District Court Judge Alvin Hellerstein said there is "no binding precedent" for SEC vs. Kik case. Credit: Shuttershock

Tech

Fed Up With Its Fork of Stellar, Kin Is Looking to Move Onto Solana

The Kin Foundation is seeking to move the kin cryptocurrency onto the Solana blockchain, according to a proposal shared with CoinDesk.

By Brady DaleMay 22, 2020

SWITCHING CHAINS: Kin may soon be powered by the Solana blockchain. (Credit: Shutterstock)

Markets

Kin Foundation Publishes First Transparency Report Amid SEC Court Fight

The Kin Foundation is offering a peek under the hood of its operations with a new transparency report published with Messari.

By Nikhilesh DeMay 21, 2020

Kik CEO Ted Livingston is one of two board members for the Kin Foundation. (Credit: CoinDesk archives)

Markets

SEC Opposes Blockchain Association's Brief Supporting Kik, Says Group Isn't 'Neutral'

The SEC says 7 members of the Blockchain Association have financial interests in Kik in its opposition to the group's brief around the case.

By Paddy BakerApr 28, 2020

Markets

SEC, Kik Continue Court Clash Over $100M Kin Token Sale

The SEC and Kik doubled down on their respective views of whether the 2017 KIN token sale was a securities transaction in new legal filings published late Friday.

By Nikhilesh DeApr 25, 2020

The Kin cryptocurrrency was launched by the social media app Kik back in 2017. (Sharaf Maksumov / Shutterstock)

Markets

Pitch Deck Says Solana Is Courting Dish Network, Kik for Its 'Web-Scale' Blockchain

Solana is looking to raise up to $12M at a $125M valuation, touting potential relationships with Dish and Kin in a pitch deck seen by CoinDesk.

By Paddy BakerMar 9, 2020

Dish Network and Kin are both looking to build on top of Solana's protocol, according to a pitch deck reviewed by CoinDesk. (Image via Jonathan Weiss / Shutterstock)

Markets

Kik (Again) Asks for Trial in Legal Tussle With SEC Over Token Sale

Kik is hoping to go to trial in the ongoing legal fight with the SEC over its 2017 kin token sale.

By Nikhilesh DeJan 10, 2020

Kik CEO Ted Livingston (Credit: CoinDesk archives)

Markets

Kik Sells Messaging App, Reaffirms Kin Crypto Integration

Kik has sold its messaging business to a holding company called MediaLab but plans to continue enabling Kin on the platform

By Nikhilesh DeOct 18, 2019

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Kin

Code Wallet Aims for Fresh Start on Solana After Messy Tale of Kik and KIN

Kik Must Pay SEC $5M, Judge Rules, Ending Yearlong Battle Over $100M ICO

Telegram's Defeat Isn't 'Binding' in Kik Case, Judge Tells SEC

Fed Up With Its Fork of Stellar, Kin Is Looking to Move Onto Solana

Kin Foundation Publishes First Transparency Report Amid SEC Court Fight

SEC Opposes Blockchain Association's Brief Supporting Kik, Says Group Isn't 'Neutral'

SEC, Kik Continue Court Clash Over $100M Kin Token Sale

Pitch Deck Says Solana Is Courting Dish Network, Kik for Its 'Web-Scale' Blockchain

Kik (Again) Asks for Trial in Legal Tussle With SEC Over Token Sale

Kik Sells Messaging App, Reaffirms Kin Crypto Integration