Here is the content of the email I received from TinyPic today:
TinyPic is shutting down its image hosting service because we can no longer support a free service that derives 100% of its revenue from ever declining on-site ad revenues.
Aug 20, 2019 - no new images may be uploaded on TinyPic.
Aug 26, 2019 - hosted images will no longer be viewable on third-party sites.
Sep 16, 2019 - last day for TinyPic account holders to access their accounts to download their images.
It is noted in the email sent to me by TinyPic that bulk download is not an option, so each image will need to be download separately.
Unfortunately, I still have some of my old blog posts image hosted on tinypic. More than 200. Sigh! A lot of people, especially webmasters with old/outdated websites will be affected by this unforeseen short-noticed closure. This will affect the web.