Court rules Kik’s 2017 ICO violated U.S. securities laws
A judge has ruled that the $100 million ICO conducted by the Canadian messaging platform Kik in 2017 violated federal securities laws. Go to Source Powered by WPeMatico
Bookmarking Crypto Insights
Auto Added by WPeMatico
A judge has ruled that the $100 million ICO conducted by the Canadian messaging platform Kik in 2017 violated federal securities laws. Go to Source Powered by WPeMatico
Kik’s general counsel told Cointelegraph that the SEC’s case relies on its “poorly reasoned” suit against Telegram Go to Source Powered by WPeMatico
Both Kik and the SEC appear confident they will win a summary judgment, with each party claiming to possess “undisputed evidence” supporting their claims Go to Source Powered by WPeMatico
Claiming to have “undisputed evidence” that Kik’s ICO was an unregistered securities offering, the SEC is seeking an early judgment Go to Source Powered by WPeMatico
When the Kik team announcement their initial coin offering a while ago, many people had high expectations. A well-known and respected messaging service issuing its own tokens could introduce a lot more people to the cryptocurrency industry. In the next few weeks, all users must migrate their KIN tokens from Ethereum to Bancor. This move … Read more
As the weekend transitions into a new week, things will undoubtedly get very interesting for a lot of cryptocurrencies. While the top markets still try to find their ground, it seems some of the lower-cap alternative ones are moving up. If the Kin price is an example of what awaits throughout the day, there could … Read more
As is always the case in the cryptocurrency world, nothing is ever certain. A lot of currencies and tokens have lost quite a bit of market cap positions over the past few days, as these rankings tend to get shaken up on a regular basis. The following projects lost the most positions over the past … Read more
The dApp industry is in an interesting place right now. Despite increasing user numbers, it seems existing projects cannot necessarily sustain their initial hype for more than a few weeks. One exception in this regard is Kin, which seems to be adding new users very quickly. In fact, Kin now has more daily active users … Read more
One of the more interesting initial coin offerings was the one organized by Kik. The popular messaging application issued its own native token, known as Kin. Although that took place some time ago, it has taken until now to officially integrate the new token into the Kik ecosystem. Kin Functionality Has Arrived With any initial … Read more
Today’s edition of Bitcoin in Brief showcases the continued rapid pace at which the cryptocurrency revolution is disrupting all segments of the business world, from the adult entertainment industry, to stock exchanges and even social networks. Also Read: Details Emerge on Foxconn-Manufactured Ultra-Secure Crypto Phone Stripper Promotes Bitcoin for the Adult Industry Brenna Sparks, the … Read more