The token climbed on news that about 7 trillion KIN tokens worth $156 million will be burned.
Code Wallet Aims for Fresh Start on Solana After Messy Tale of Kik and KIN
Kik, the instant messaging app, founded KIN in 2017 but was forced to pay $5 million settlement to the SEC.
Kik’s Token Survives SEC Battle, No Barrier to Exchange Listings, Says Kin Foundation
The Kin Foundation says both itself and the Kin token have survived the recently resolved court battle with the U.S. SEC over a 2017 ICO.
Kik, SEC Propose $5M Settlement Over 2017 ICO, Ending Yearlong Battle
Kik will pay $5 million in penalties as part of a proposed settlement with the SEC, which sued the messaging app last year.
Judge Rules Kik’s Token Sale Violated US Securities Law
A federal judge has ruled that Kik’s 2017, $100 million token sale violated U.S. securities law, and wants to see a proposal for refunds.
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.
Kin Community Approves Move From Stellar Fork to Solana’s Blockchain
Devs, node operators and the Kin Foundation board have approved its move from a fork of the Stellar blockchain to Solana’s network.
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.
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.
Judge Approved Blockchain Association’s Brief in Kik Case Despite SEC Objections
U.S. District Judge Alvin Hellerstein allowed the Blockchain Association to file a brief in the SEC v. Kik case a day after the regulator filed an objection to letting the group comment.
With Kik and Telegram Cases, the SEC Tries to Kill the SAFT
The SEC is gunning for startups funded through Simple Agreement for Future Tokens, a legal maneuver that was supposed to keep them safe.
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.
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.
Blockchain Association Tries to Draw Legal Line Between Kik’s Token and Its 2017 Pre-Sale
The Blockchain Association is claiming that the U.S. Securities and Exchange Commission is wrongfully conflating Kik’s exempt offering of securities during a 2017 ICO with the issuance of kin tokens
Kik Backs Away From Jury Trial Request in SEC Fight Over $100M Token Sale
Kik had previously asked for a jury trial to make its case against the SEC. Now it’s seeking a summary judgment.
Pitch Deck Says Solana Is Courting Dish Network, Kik for Its ‘Web-Scale’ Blockchain
Solana is looking to raise between $2 and $12 million, touting potential relationships with Dish and Kin in a pitch deck reviewed by CoinDesk
Federal Judge Orders Kik Technical Advisor to Sit for Deposition With SEC
Kik technical advisor Tanner Philp must sit for another deposition in the company’s ongoing legal fight with the SEC over its 2017 token sale, a federal judge ruled Wednesday.
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.
The View From Tel Aviv: Ouriel Ohayon
Tel Aviv is a hotspot for crypto development. ZenGo CEO Ouriel Ohayon puts us on the ground there.
Kik Suffers Setbacks With ‘Void for Vagueness’ Defense in SEC Case
Kik has hit a brick wall with its ambitious “void for vagueness” defense in a case brought by the SEC over its $100 million initial coin offering.