Gate News message, April 21 — Helius CEO mert posted on X that decentralization is fundamentally "coordination without central authority." If coordination costs approach zero, the system is actually centralized; conversely, if coordination costs are infinitely high, the system

Summary: SEC Philippines warns about seven unregistered crypto platforms (dYdX, Aevo, gTrade, Pacifica, Orderly, Deriv, Ostium) under CASP; promoters may face fines up to PHP 5 million or 21 years' jail. Abstract: The Philippines’ SEC issued an investor warning identifying seven unregistered cryptocurrency trading platforms (dYdX, Aevo, gTrade, Pacifica, Orderly, Deriv, Ostium) not registered under the Crypto Asset Service Provider framework. It cautions that promoting these platforms in the Philippines may incur criminal liability, with penalties including fines up to PHP 5 million and up to 21 years’ imprisonment.

Gate News message: On April 21, according to Gate market data, as of the time of publication, QORPO (QORPO World) is trading at $0.0021. In the past 24 hours, it has risen 53.64%, with a high of $0.00266 and a low of $0.00136. The 24-hour trading volume is $20,500 (i.e., 2.05 万 US dollars). The current market cap is approximately $1.3113 million. QORPO World is committed to making gaming democratic and creating a new gaming lifestyle experience—unified under a single token, driven by artificial intelligence. The QORPO token is the innovative fusion of gaming and Web3; it serves as the foundation of an innovative gaming ecosystem, integrating numerous products and services to deliver an unparalleled gaming experience. This news is not investment advice. Investors should be mindful of risks related to market volatility.

Gate News, April 21: According to Gate market data, as of the time of writing, CORE (Core) is trading at $0.0408. It is up 30.79% over the past 24 hours, reaching a high of $0.041 and falling to a low of $0.0298. The 24-hour trading volume is $953.3k. The current market cap is approximately $44.01M. Core is an EVM-compatible L1 chain (a Geth fork). It features a novel consensus mechanism called "Satoshi Plus," combining delegated BTC mining hashes and delegated proof-of-stake to secure the network. With Core, users can access the composability of EVM chains, along with Bitcoin’s decentralization and security. This news does not constitute investment advice; investors should be mindful of market volatility risk.

A creator's mother reported that her social media accounts were hacked, resulting in unauthorized crypto-related posts. She clarified these do not represent her views.

South Korea's Financial Services Commission clarified that financial institutions need not confirm VASP status for bankrupt corporate customers not engaged in digital asset trading. Ongoing due diligence is required, and any resumption of trading necessitates verification and potential termination of the relationship if regulations aren't met.

Gate News update: On April 21, according to Gate market data, as of the time of writing, PORTAL (Portal) is trading at $0.01548. It is up 37.00% over the past 24 hours, with a high of $0.01636 and a low of $0.01142. The 24-hour trading volume is $0.6021 million. The current market cap is approximately $11.7307 million. Portal is a cross-chain gaming platform, and its mission is to attract more players to join Web3.0. This update does not constitute investment advice. Investing involves risks, including market volatility.

Gate News update, April 21, according to Gate market data, as of the time of writing, HELLO (HELLO Labs) is trading at $0.00317. Within the past 24 hours, it has risen 86.31%, reaching a high of $0.00348 and a low of $0.00176. The 24-hour trading volume is $64.4k. The current market cap is approximately $1.6864 million. HELLO Labs is the future of cryptocurrency and entertainment— a Web3-native ecosystem that supports incubating, producing, funding, and releasing original programs, games, and NFTs. The $HELLO token is at the core of the Web3 ecosystem. $HELLO is used to access exclusive content, play games, and buy NFTs in the HELLO marketplace. This news is not investment advice; investment involves risks and you must consider market volatility.

Revolut's CEO Nik Storonsky stated that the digital bank will not pursue an IPO before 2028, emphasizing the potential of future secondary share sales for building trust. After obtaining a UK banking license, they are applying for a US bank charter, expecting approval within a year.

Multiple Chinese lithium companies in Zimbabwe have secured export permits for lithium concentrate. Huayou Cobalt's president announced that export procedures are underway, with shipments to China expected to take three months. Potential shortages in Guangxi lithium supply may arise but are not anticipated to significantly impact operations.