Bitcoin fell 4 percent to $64,721.39, extending a broad digital asset selloff marked by fund withdrawals and leveraged liquidations.

JPMorgan CEO Jamie Dimon challenged the CLARITY Act over stablecoin rewards, sharpening a US debate in Congress on crypto market regulation.

ZUG, SWITZERLAND / Cryptowire / — THORChain halted trading and signing activity after a compromised Asgard vault was linked to more than $10 million in unauthorized digital asset outflows, marking a significant security incident for the decentralized cross-chain liquidity protocol. The halt was announced on May 15 after abnormal network behavior was detected. THORChain said initial indications showed user funds were safe and that the affected assets were protocol-owned funds.…

Crypto stocks advanced as Circle surged and bitcoin topped $80,000 intraday, while Senate progress on the CLARITY Act improved investor mood.