The Crypto Feed Daily

November 17th, 2020

7 fiat currencies have annual inflation rates above 100%, federal bank regulator sees offshore bitcoin as national security risk, and a 3rd mining pool declares support for Taproot.

According to Johns Hopkins University economist Steve Hanke, seven fiat currencies around the world are currently dealing with annual inflation rates above 100%.
Over at Forbes, an interview with U.S. Comptroller of the Currency Brian Brooks has been published. In the interview, Brooks discussed the need to embrace bitcoin and cryptocurrencies more generally, as many Americans are already using them.
According to a blog post by Origin co-founder Matthew Liu, the Origin Dollar has been hacked and a loss of funds of around $7 million has been reported. This is the third major attack on an Ethereum DeFi project in the past five days. Late last week, Akropolis was hit for $2 million and Value DeFi lost $6 million in two separate attacks.