Tagged With shut down

Verizon paid billions last year for the privilege of ushering Yahoo's services into the great unknown, and on Friday it announced that Yahoo Messenger will bite the dust on July 17. Yahoo's new messaging service, Squirrel, is currently in private beta, but there's no direct replacement for Messenger at this time. You have six months to back up your old messages.

The rush to get in on the cryptocurrency boom has spread around the globe, but nowhere more than in South Korea. That fact hasn't slipped by the South Korean government's attention. This week new regulatory measures, including a real name policy, were announced, and the government warned that it could move forward with a shutdown of cryptocurrency exchanges altogether.

Bitcoin markets are nervously sitting in a holding pattern on today as multiple outlets have received confirmation that the Chinese government plans to shut down official exchanges. Investors have settled into a wait-and-see moment that could determine the cryptocurrency's immediate future.