Bitfinex Withdraws $89 Million From Cold Wallet, Philip Morris Considers Using Blockchain, & Other News

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One-minute letter by Cointelegraph What's going on with the crypto markets today? Read our latest price analysis.   Bitfinex has withdrawn funds worth almost $89 million from its cold wallets in the wake of the U.S. Attorney General's accusations of covering up a $850 million funding gap.   Indian government departments have reportedly started consultations on a complete ban of cryptocurrencies.   International tobacco company Philip Morris is considering applying blockchain to reduce tax stamps, paperwork and fraud, intending to save up to $20 million.   New Japanese crypto exchange SBI Virtual Currencies has managed to achieve profitability in the first year of its launch, according to its new financial report. SPONSORED: With the high commissions charged by the likes of YouTube and Spotify, a blockchain platform says it offers an alternative for content creators and fans . 1.5 mln people follow us on social media Download our official free app

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