A judge has ruled that the $100 million ICO conducted by the Canadian messaging platform Kik in 2017 violated federal securities laws.
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Kik and SEC Oppose Each Other’s Motions for Summary Judgment
Kik’s general counsel told Cointelegraph that the SEC’s case relies on its “poorly reasoned” suit against Telegram
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Both Kik and SEC Seek Summary Judgement in $100 Mln ICO Case
Both Kik and the SEC appear confident they will win a summary judgment, with each party claiming to possess “undisputed evidence” supporting their claims
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SEC Seeks Early Judgement in Lawsuit Over Kik’s $100M ICO
Claiming to have “undisputed evidence” that Kik’s ICO was an unregistered securities offering, the SEC is seeking an early judgment
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4 key Notes as the KIN Token Migration to Bancor Finalizes
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 has some very interesting potential consequences. Moving Away From Ethereum The biggest development to take note of is how the Kik team has made it rather clear they do not want to use Ethereum’s infrastructure for their token. The decision to switch to Bancor is
The post 4 key Notes as the KIN Token Migration to Bancor Finalizes appeared first on The Merkle Hash.
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Kin Price Gains Over 20% yet Value Stays at 1 Satoshi
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 be a lot of surprising momentum in the coming hours. Kin Price Momentum Surprises Traders It is not entirely uncommon to see small cap altcoins move up in spectacular fashion after a bit of a dull weekend. While Kin is a potentially viable project, it
The post Kin Price Gains Over 20% yet Value Stays at 1 Satoshi appeared first on The Merkle Hash.
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Top 6 Cryptocurrencies Losing Market Cap Positions – 2018 Week 41 Edition
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 […]
The post Top 6 Cryptocurrencies Losing Market Cap Positions – 2018 Week 41 Edition appeared first on NullTX.
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Kin User Base Dwarfs All Ethereum DApps’ Activity Combined
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 […]
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Kik Premium Chat Themes Are the First Kin Token Use Case
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 […]
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Bitcoin in Brief Wednesday: Stripper Explains Bitcoin to Adult Industry, Facebook Explores Blockchain
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 […]
The post Bitcoin in Brief Wednesday: Stripper Explains Bitcoin to Adult Industry, Facebook Explores Blockchain appeared first on Bitcoin News.
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