I just downloaded Xcode 6.3 beta 4, and my WatchKit app now fails to build with an error:
Embedded Binary Validation Utility Error error: WatchKit apps must
Go to Target -> Select Watch Kit App, Under deployment change value from 8.3 to
//:configuration = Debug IPHONEOS_DEPLOYMENT_TARGET = 8.2
//:configuration = Release IPHONEOS_DEPLOYMENT_TARGET = 8.2
Clean and build. Problem Solved!