Kik kicked back at the SEC lawsuit that claims a $100 million ICO was illegal. The company behind Kik Messenger filed a response in U.S. District Court for the Southern District of New York, alleging that the SEC is “twisting” the facts about its token.
Coinbase Custody announced that they will be supporting Blockchain Capital (BCAP) deposits and withdrawals. Blockchain Capital’s native token BCAP is one of the very first security tokens for which they conducted an STO in April 2017.
Today Freewallet announces full support for Kin coin (KIN), which has finally migrated to its own blockchain.
The company will challenge the U.S. regulators in court over a potential enforcement action against 2017 KIN token offering.
Coinbase is exploring a possibility to add support for a list of 31 coins, including XRP that is currently the second-largest cryptocurrency by market cap.
The aim is to push the mainstream adoption of kin tokens by integrating them with gaming SDKs and further using them for rewarding the developers.
The transfer of tokens across two blockchains will be done through atomic swaps. The Ethereum blockchain will be used for liquidity and the Stellar platform for transactions.
Popular messaging app Kik is moving its Kin tokens from the Ethereum network to the Stellar network sighting issues with speed, reliability and costs.
Mainstream chat app Kik raised nearly $100M for its new Kin token to be used by messenger’s 15 million audience as the primary transaction currency.
The beginning of Kin token distribution event (TDE) launched by the Canadian social media giant Kik Interactive, was announced yesterday on September 12. Having already raised $50 million in a presale round, Kik aims to raise $125 million in total through the ICO (initial coin offering).