8 minutes | Oct 27th 2020

Bitcoin News Roundup for Oct. 27, 2020

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 StocksBitcoin'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 ExploitHarvest 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 SayA 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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