In the latest developments from the world of crypto and finance, several key events have unfolded.

Former U.S. President Donald Trump expressed his support for cryptocurrency, emphasizing its importance in the global economy. He warned that if the U.S. does not take action, China could dominate the sector. Trump also reiterated his stance on China, stating that while he desires a fair deal, the country has been taking advantage of the U.S. for years.

In the crypto space, Solana developers have fixed a critical bug that could have allowed attackers to mint unlimited tokens or steal from user accounts. The issue has now been resolved, ensuring greater security for the platform.

Canary Capital’s proposed spot Litecoin (LTC) ETF is facing a decision from the SEC, with the final ruling expected by May 5. This delay follows the SEC's broader pattern of extending decisions on several cryptocurrency ETF proposals.

OKX’s CEO, Star Xu, announced that the exchange’s decentralized exchange (DEX) will resume operations with a new real-time abuse detection and blocking system.

Binance founder Changpeng Zhao (CZ) has made a proposal to Kyrgyzstan's National Crypto Committee, suggesting that the country could use \$BNB and \$BTC for its national crypto reserve.

Strategy, a prominent crypto firm, acquired 1,895 BTC between April 28 and May 4, purchasing them at an average price of \$95,167, totaling \$180.3 million.

Ripple has pledged \$25 million in \$RLUSD to support U.S. classrooms, teachers, and financial literacy initiatives.

Meanwhile, Bessent pointed out that Trump’s combination of tariffs, tax cuts, and deregulation serves as a unified strategy to bolster long-term U.S. investment.

eToro is making moves in the market, planning to raise \$500 million through a U.S. IPO.

In Ethereum news, Vitalik Buterin proposed a plan to simplify the network with the Fusaka fork, a new consensus layer, and a potential shift to a RISC-V virtual machine (VM) to enhance scalability and resilience.

Digital asset investment products saw \$2 billion in inflows last week, with Bitcoin attracting \$1.8 billion, despite some bearish investor sentiment.

In other news, Trump’s gala dinner with top \$TRUMP memecoin holders is set for May 22, and the SEC has delayed its decision on C

anary’s spot Litecoin ETF.

CheckDot is SAFU, research CheckDot.