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 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. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.