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The company said it was closing down the messaging service so it could concentrate on the Kin cryptocurrency it has also created. The decision also means that 80 staff who keep Kik running will be let go.

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The company said it was closing down the messaging service so it could concentrate on the Kin cryptocurrency it has also created. The decision also means that 80 staff who keep Cat running will be let go.

No date has been given for when the Kik app will close. Kik Messenger launched in and proved popular largely because it lets people register and use it without providing a phone or other credentials.

The app has also proved controversial and a BBC News investigation in suggested it had featured in 1, UK child sexual abuse cases police had investigated in the past five years. In response, Kik said it was "constantly assessing and improving its trust and safety measures".

Kik messenger app to shut down

Cash community Writing about its decision to switch focus, Kik Interactive founder Ted Livingstone said the company had taken the "hard decision" to shut down Kik because it wanted to devote all kki attention to the Kin cryptocurrency. No date has been given for when the Kik app will close.

Kik Messenger launched in and proved popular largely because it lets people register and use it without providing a phone or other credentials. The app has also proved controversial and a BBC News investigation in suggested it had featured in 1, Chaat child sexual abuse cases police had investigated in the past five years. In response, Kik said it was "constantly assessing and improving its trust and safety measures". Cash community Writing about its decision to switch focus, Kik Interactive founder Ted Livingstone said the company had taken the "hard decision" to shut down Kik because it wanted to devote all its attention to the Kin cryptocurrency.

He acknowledged the difficulty the decision would cause as it would mean laying off people who had families onw who had "poured their hearts and souls into Kik and Kin for over a decade". The legal row kik chat now up because the SEC wanted the Kin crypto-cash launch categorised in the same way as the initial stock offering for companies that floated on the stock exchange.