Bitcoin News Roundup for Oct. 27, 2020
Description
With BTC headed headed towards multi-year highs and a crypto launch from mainstream financial firm JP Morgan, CoinDesk’s Markets Daily is back for your latest crypto news roundup!
This episode is sponsored by Crypto.com, Nexo.io and Elliptic.
Today's stories:
Bitcoin Hits 15-Month High Despite Sell-Off in Global Stocks
Bitcoin's (BTC) price has climbed to 15-month highs even as coronavirus-induced instability rocks the stock markets.
Harvest Finance: $24M Attack Triggers $570M 'Bank Run' in Latest DeFi Exploit
Harvest Finance has seen its total value locked drop by more than $500 million in the 12 hours since being hit by a flash loan attack.
PayPal's Crypto Offering May Mean a Bigger Tax 'Headache'
PayPal opening its network to cryptocurrencies could create a serious tax headache for users.
JPMorgan's 'JPM Coin' Is Live, Execs Say
A major tech firm is about to start using JPM Coin in global payments, as the investment bank doubles down on its blockchain business.
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