KIN Kin

William Mougayar, a former Ethereum Foundation adviser, has joined the board of directors at the Kin Ecosystem Foundation.

Developers of Kin, the altcoin that facilitates transactions within the Kik ecosystem, are planning a fork from Stellar to steer clear of potential issues of scalability and high transaction fees.

Web-scale blockchain network Solana, which boasts over 2 billion transactions since its introduction in March 2020, announced ‘Wormhole,’ a secure, trustless bridge connecting Ethereum to Solana, in a release shared with CryptoSlate.

Last week, SEC Commissioner Hester Peirce (aka ‘CryptoMom’) formally proposed a “safe harbor” for fundraising by token sale.

The Kik messaging app may not shut down after all as the CEO, Ted Livingston, claims there’s a buyer interested in purchasing the platform.