PancakeSwap has partnered with BetFury to launch a $50,000 trading competition running from December 24, 2024, to January 12, 2025.

Daily Top Performer — Phala Network (PHA)

The S&P 500 rose 1.1%, marking its third straight gain and the start of the Santa Claus rally. Growth and megacap tech stocks led, driven by optimism in AI and long-term tech trends, despite elevated Treasury yields. Coindesk Indices, an index measuring broader cryptocurrency market performance was up by 4.18%, with Bitcoin and Ether rising by 4.52% and 1.90%, respectively in the past 24 hours.

Today's top performer is PHA, which surged 63.4% after the announcement of Phala Network's 2024 achievements and 2025 roadmap, featuring decentralized GPU AI advancements and strategic partnerships.

The Phala Network (PHA), founded in 2018, is a decentralized cloud computing platform that uses excess computing power from everyday devices. It operates with Gatekeeper and Miner nodes, offering secure and scalable cloud services. Phala also launched Khala (PHA) on the Kusama network in 2021. 

 include co-building a decentralized GPU network, enhancing AI model training, and partnerships with projects like SentientAGI and MorpheusAIs. The Phala Treasury allocated 37% to infrastructure, 20% to community, and 43% to marketing. Social media efforts generated millions of impressions and engagements, while the network participated in six events and established 15 partnerships. Phala 2.0, launching in 2025, will integrate GPU TEE technology and Ethereum Layer 2 scalability for AI and Web3 applications.

Check Out the Latest Prices, Charts, and Data of 

 to launch a $50,000 trading competition running from December 24, 2024, to January 12, 2025. Participants can earn rewards by trading BFG tokens on the PancakeSwap Web interface or Telegram Swap-Bot. The competition includes daily lucky draws with $10,000 USDT, a leaderboard with $30,000 in BFG tokens for top traders, and $10,000 USDT for traders using the Telegram Swap-Bot. To qualify, participants must meet specific trading volume requirements, with rewards distributed in USDT and BFG tokens.

Yesterday, Bitcoin Spot ETF flows remained unchanged for GBTC, while non-GBTC ETFs experienced outflows of $149.7 million, bringing total outflows to $149.7 million.

: Astherus lets you farm while qualifying for Lista DAO Season 2, while Superform involves depositing ETH on Base via Moonwell WETH Morpho vault. Mitosis allows Linea airdrop qualification by holding funds, and Symbiotic rewards large token deposits on Ethereum mainnet. Mind Network offers bigger airdrop allocations for farming vFHE by depositing eETH. Solayer requires depositing and delegating SOL or derivatives to rank higher, and Drift's second airdrop involves liquid staking SOL to earn and lend dSOL.

Beginner

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PancakeSwap and BetFury Launch $50,000 Trading Competition with BFG Token Rewards

In this tutorial, we’ll explore how you can complete a series of tasks in Orochi Network for Bybit Web3 Airdrop Arcade.

In this tutorial, we’ll explore how you can complete Orochi Network tasks for Bybit Web3 Airdrop Arcade. 

Task 2: Quote Orochi Network's Post and Tag 3 Friends

: Navigate to Orochi Network’s pinned post on X.

: Quote the tweet with your thoughts, and tag 3 friends.

 button at the top right corner of the page.

: The Orochi ID window will pop up. You may choose to sign up for an Orochi ID using your Google account, GitHub or email address.

: Congratulations! You’ve successfully created your Orochi ID. 

Task 4: Join the Contribute to Earn Program

: Connect your Wallet, Google account and Discord to be eligible.

: Once you’ve successfully connected all accounts, you’ll have completed this task.

 all of the four tasks above for your chance to 

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How to Complete Orochi Network Tasks for Bybit Web3 Airdrop Arcade

MegaETH is an EVM-compatible blockchain with real-time Web 2.0–level performance. Learn more about MegaETH.

 has long been a formidable challenge for the blockchain industry. Most established chains maintain decentralization and security, but struggle with limited scalability while high-performance 

 (L1) blockchains often compromise decentralization to achieve high throughput. 

What if we could push throughput to unprecedented levels without compromising security or decentralization? 

Enter MegaETH — a project backed by industry leaders such as Ethereum co-founder Vitalik Buterin, ConsenSys CEO Joseph Lubin and Dragonfly Capital. With the first real-time 

 (EVM)–compatible chain —i.e., one that can process transactions as soon as they arrive, and then publish the resulting state changes — MegaETH aims to redefine blockchain performance. In this article, we delve into the scaling limitations of current blockchains and examine how MegaETH aims to solve them. Let's dive in!

The blockchain trilemma has posed a significant challenge for 

 developers for years. As Ethereum co-founder Vitalik Buterin explains, distributed ledger networks can only achieve two out of three critical qualities (security, decentralization and scalability) by using simple techniques. 

As a result, most high-performance chains, such as Solana, Avalanche and BNB Chain, often compromise on decentralization or security to achieve scalability.

To address the scalability challenges of L1 networks, developers have introduced 

 (L2) solutions, which operate on top of blockchains such as Ethereum. These L2 chains achieve 

 (TPS) while leveraging the security and decentralization of their underlying L1s. However, according to MegaETH, both high-performance L1 and L2 networks fall short of meeting the demands of Web 2.0–scale applications, particularly in terms of 

As shown in the table above, the blockchain with the highest scalability, opBNB, achieves a gas rate of 100 MGas/s, equivalent to 650 Uniswap swaps or 3,700 

 transfers per second. In comparison, modern databases can 

 over 1 million TPC-C TPS. While Arbitrum One, the fastest chain listed, offers a block time of 0.25 seconds, this remains insufficient for applications requiring rapid feedback or high update rates. 

These limitations in both scalability and speed make current high-performance L1s and L2s ill-suited for Web 2.0 applications with significant computational demands.

 is an EVM-compatible blockchain with real-time Web 2.0–level performance. With the goal of bridging the gap between distributed ledger networks and traditional cloud computing servers, the project aims to push the performance of Ethereum-based L2s to hardware limits. As the first real-time blockchain, MegaETH can stream transactions at 100,000 TPS with transaction fees under $0.01, and provide millisecond-level responsiveness without sacrificing security or decentralization.

MegaLabs, the organization behind MegaETH, was founded in early 2023 by Shuyao Kong and Yilong Li. Holding an MBA from Harvard Business School, Kong has a background in business development within the blockchain industry. Prior to co-founding MegaLabs, she was the global head of business development at ConsenSys, where she continues to serve as an advisor.

As the Chief Executive Officer (CEO) of MegaLabs, Li has a PhD in computer science from Stanford University. An experienced software developer, he previously worked at Runtime Verification Inc., a firm specializing in software analysis tools and the application of formal methods to improve computing systems.

Together, Kong and Li founded MegaLabs in early 2023 to leverage their business development and computer science expertise to build MegaETH as the first real-time blockchain.

 $20 million of funding in a single seed round at a 9-figure valuation. The round was led by Dragonfly Capital, with other notable venture capitalists including Figment Capital, Folius Ventures, Robot Ventures, Big Brain Holdings, Tangent Ventures and Credibly Neutral. In addition to VCs, MegaETH is backed by high-profile angel investors, such as Ethereum co-founder Vitalik Buterin, ConsenSys CEO Joseph Lubin and EigenLayer creator Sreeram Kannan.

 on crypto trader Cobie’s decentralized fundraising platform, Echo. The round was fully funded within minutes and oversubscribed, showing significant investor demand.

MegaETH achieves over 100,000 TPS with less than 1 ms latency and block time, as well as transaction fees under $0.01, via two core features: a heterogenous blockchain architecture and a hyper-optimized EVM execution environment.

MegaETH's heterogeneous blockchain architecture enables network nodes with different hardware configurations to specialize in specific tasks to boost performance.

There are three types of nodes: sequencers, full nodes and provers. With cutting-edge hardware, a small set of sequencers conduct performance-critical tasks such as transaction execution. Simultaneously, a massively decentralized network of full nodes performs security-critical duties such as block validation. Provers have the lowest hardware requirements, and focus on providing L2 proofs to full nodes.

Hyper-Optimized EVM Execution Environment

MegaETH provides a hyper-optimized EVM execution environment to push latency, throughput and resource efficiency to hardware limits. Consequently, the real-time blockchain can process large volumes of transactions as soon as they arrive, and publish the resulting state changes in a few milliseconds.

To enable real-time EVM execution, MegaETH co-designed a low-latency, streaming-based block-building algorithm with a concurrency control protocol supporting transaction prioritization.

MegaETH's real-time blockchain scales without sacrificing decentralization and security through the following key components and features.

 is an extension of the MegaETH core team. It consists of a group of 10x builders hand-picked by MegaETH developers. According to the project, MegaMafia participants have "an internal compass guiding them toward crypto's world domination."

MegaETH defines three common qualities for MegaMafia members:

MegaETH is setting a new standard for blockchain scalability, addressing long-standing limitations without compromising decentralization or security. By combining innovative architectural decisions with technologies like real-time EVM execution, in-memory computing and smart contract JIT compilation, this real-time L1 chain delivers unmatched performance tailored for Web 2.0–scale applications.

Supported by high-profile investors, such as Vitalik Buterin and Joseph Lubin, MegaETH is poised to bridge the gap between blockchain and traditional computing, unlocking new possibilities for decentralized applications. The project is on track to launch its testnet in early 2025, with the mainnet rollout soon thereafter.

Advanced

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MegaETH: A Real-Time Blockchain for Web 2.0–Scale DApps

Grayscale has launched the Horizen Trust, a fund that allows qualified investors to gain exposure to the cryptocurrency ZEN without the need to buy, store, or safeguard it.

Daily Top Performer — Convex Finance (CVX)

The S&P 500 rose 0.73%, driven by big tech and communication services, as investors anticipate a "Santa Claus Rally" to close the year. Coindesk Indices, an index measuring broader cryptocurrency market performance was up by 1.61%, with Bitcoin dropping by 2.58% and Ether rising by 4.32%, respectively in the past 24 hours.

Today's top performer is CVX, which surged 28.1% following Frax's consideration of BlackRock's BUIDL token as backing for the rebranded frxUSD stablecoin.

Convex Finance (CVX), launched in May 2021, is a DeFi protocol that boosts yields for Curve protocol users on Ethereum. It allows for staking to earn CRV and CVX tokens and provides voting rights on token allocations. Securitize has 

 adding BlackRock's BUIDL token as backing for Frax's rebranded Frax USD (frxUSD) stablecoin, which will feature a new mint-redeem system. Early feedback from Frax DAO members is positive. Competing proposals from Superstate also suggest backing frxUSD with their tokenized funds. The final backing structure is still undecided.

, a fund that allows qualified investors to gain exposure to the cryptocurrency ZEN without the need to buy, store, or safeguard it. The fund's shares track the market price of ZEN, net of fees. While the shares have been traded at both a premium and discount, the fund aims to provide a simpler way for investors to gain exposure to ZEN. Grayscale is also expanding its offerings, with plans for a Solana spot ETF.

Yesterday, BTC Spot ETFs recorded total outflows of $258.2 million, including $38.4 million from GBTC and $219.8 million from non-GBTC funds.

, distributing $SONIC tokens to those who participate. Over 2 million users have joined through an easy onboarding process, requiring no wallet setup or gas fees. To qualify for the airdrop, users must log in via TikTok, access SonicX, and wait for the $SONIC claim banner. SonicX, part of the Sonic SVM app layer, uses TikTok ads and creator partnerships to promote its gaming and blockchain education hub. The project aims to expand its TikTok Chain with new games and future token rewards.

Grayscale Introduces Horizen Trust for ZEN Investment Access

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Want full control of your cryptocurrencies? Snag these best noncustodial wallets for ultimate ownership and security of your crypto assets.

Imagine having complete control over your digital assets while enjoying the convenience of accessing them anytime, anywhere. Welcome to the world of the best non-custodial crypto wallet! These powerful tools provide you with full autonomy over your 

 and offer a host of features that make managing your crypto a breeze. In this comprehensive guide, we’ll explore the best non-custodial wallets available in 2023, helping you make an informed decision on which wallet best suits your needs.

Understanding Non-Custodial Crypto Wallets

Unlike custodial wallets that involve a third party, non-custodial wallets give you full control over your private keys and assets. This distinction is crucial in the crypto world, as it aligns with the fundamental ethos of 

: decentralization. Control over your private keys mandates you to store and protect your assets. Some non-custodial wallets even employ advanced security measures, such as AES hardware encryption, to safeguard private keys and transactions.

Non-custodial wallets cater to different preferences and needs. However, with great power comes great responsibility. While a non custodial crypto wallet offers independence and control, they also come with risks, including the potential for loss of access to funds if the private keys are misplaced. On the other hand, a custodial wallet provider can help mitigate these risks by managing the private keys on behalf of the user.

Nevertheless, the best non-custodial crypto wallets strike a balance between security, user experience, and features.

Navigating the vast landscape of non-custodial wallets can be challenging, but we’ve got you covered. This section presents the top 10 non-custodial wallets for 2023:

These wallets have been carefully selected based on their features, security, and user experience.

Continue reading to comprehend each wallet’s unique advantages and identify the perfect match for your needs.

-based non-custodial wallet that has been leading the way in the browser extension wallet sector since its release in 2016. Designed for experienced users, it provides access to Ethereum-based 

 and allows you to manage your funds, supporting 

 and ERC-721 collectibles. However, MetaMask is limited to 

 networks, such as Fuse, BNB Chain, Polygon, Optimism, and Arbitrum.

One of the primary attributes that has contributed to MetaMask’s success is its ability to facilitate cryptocurrency transactions without requiring any personal information. Moreover, it guarantees full autonomy over your assets by not retaining ownership or custody of your seed phrase and private keys.

In recent years, MetaMask’s integration with the renowned marketplace 

Created by the well-known cryptocurrency exchange Coinbase, the Coinbase Wallet is a user-friendly non-custodial wallet that boasts support for multiple blockchains, including Ethereum and other EVM-compatible blockchains, as well as Solana and SPL tokens. It enables users to store, send, and receive crypto while interacting with decentralized apps (dApps) and supports major non-EVM compatible tokens like 

With over 90 million users worldwide, Coinbase Wallet offers the following features:

Trust Wallet is a versatile non-custodial wallet that caters to a wide range of users. It offers the following features:

In addition to its impressive support for multiple networks and assets, Trust Wallet also provides advanced security features. 

 integration allows users to securely interact with dApps across Ethereum and 14 other EVM-compatible ecosystems. It ensures that all interactions remain private. With an emphasis on user-friendliness and a wide range of features, Trust Wallet is an excellent choice for both beginners and experienced crypto enthusiasts.

MyEtherWallet (MEW) is a veteran Ethereum-focused non-custodial wallet that has stood the test of time. Initially released as a web-based wallet, MEW now offers a mobile app for users who prefer to manage their assets on the go. Supporting Ethereum and ERC-20 tokens, as well as ERC-721 collectibles, MEW allows users to securely store, send, and receive their digital assets.

What sets MEW apart from other non-custodial wallets is its support for cross-chain swaps. Users can exchange between Ethereum and other cryptocurrencies like Bitcoin, Litecoin, and Dogecoin directly within the wallet. In addition, MEW supports Ethereum Classic (ETC), the BNB Chain, Polygon, and other networks, offering flexibility for users with diverse crypto holdings.

Established in 2014, Coinomi is a well-regarded multi-currency non-custodial wallet that supports over 1,770 digital assets and 125 blockchain networks, including Bitcoin, Tron, Ethereum, and the Binance Smart Chain. Coinomi offers users a wide range of features, such as the ability to connect to dApps, earn interest, swap tokens, and utilize WalletConnect for seamless DeFi connections across multiple devices.

Coinomi’s security measures are equally impressive, offering password protection, biometrics, a 24-word mnemonic passphrase, and encryption technology to secure private keys and transactions. Additionally, Coinomi prioritizes user privacy by implementing measures such as no KYC requirements, no IP association, no identity linking, and no transaction tracking.

With its extensive support for various networks and assets, Coinomi is a solid choice for users seeking a versatile non-custodial wallet.

Exodus is a user-friendly multi-currency non-custodial wallet that supports over 130 cryptocurrencies, including:

It offers a comprehensive portfolio overview within its wallet interface, allowing investors to view the performance of their crypto investments and providing helpful statistics, such as the top and bottom-performing tokens within a given time frame.

One of the standout features of Exodus is its integration with the Trezor hardware wallet, providing the option for users to enhance the security of their digital assets. Additionally, Exodus offers in-app crypto exchange services, making it easy for users to trade their assets without needing to switch between platforms.

With its focus on user experience and a wide range of supported assets, Exodus is an excellent choice for both beginners and experienced crypto users alike.

BRD is a mobile-based non-custodial wallet that offers advanced security measures, such as password protection, biometrics, and a 12-word recovery phrase, to keep your digital assets safe. Supporting major cryptocurrencies like BTC, ETH, BCH, XRP, and all ERC-20 standard tokens, BRD also allows users to make crypto purchases in over 35 different fiat currencies.

Designed for both novice and experienced investors, BRD provides a tutorial for those who are new to the crypto space. In addition, its support staff is highly-responsive and provides timely responses within an hour, ensuring that users have the assistance they need when navigating the world of digital assets.

If you’re looking for a mobile-only wallet that prioritizes security and convenience, BRD is an excellent choice.

The Ledger Nano X is a secure hardware non-custodial wallet that offers offline storage for over 5,500 crypto assets and NFTs. With Bluetooth connectivity, the Ledger Nano X allows users to manage their assets on the go. However, it may be complex for those who are new to cryptocurrency, as it requires connection to an internet-connected device to access funds and does not support staking of cryptocurrencies.

Despite its potential complexity for beginners, the Ledger Nano X provides a high degree of security and a wide variety of features, making it a popular choice for users seeking to protect their digital assets. For those prioritizing security, the Ledger Nano X is an excellent option.

The Trezor Model T is a non-custodial hardware wallet that securely stores digital assets and private keys offline. With 2FA authentication features, it acts as a password manager and offers additional security with a micro SD card. However, like the Ledger Nano X, it may be less user-friendly than software or hot crypto wallets.

Despite its potential complexity, the Trezor Model T offers a high level of security, making it an excellent choice for users seeking to protect their digital assets.

If you’re looking for a hardware wallet with advanced security features, the Trezor Model T is a great option.

Guarda Wallet is a free, multi-platform non-custodial wallet that provides convenient access to funds, support for crypto trades, staking programs, cashback opportunities, and crypto loan facilities. With its easy-to-use interface and wide range of features, Guarda Wallet is an ideal choice for those looking for an all-in-one solution to manage their digital assets.

Guarda Wallet offers support for a wide range of cryptocurrencies, making it a versatile option for users with diverse crypto holdings. If you’re seeking a wallet that offers convenience and a wealth of features, Guarda Wallet is an excellent choice.

Key Features to Look for in a Non-Custodial Wallet

Choosing a non-custodial wallet requires considering key features influencing its security, usability, and additional features. Security is paramount, as it ensures the protection of your private keys and assets. This can be accomplished through the utilization of multi-signature wallets, cold storage wallets, and other security protocols.

Supported networks are another crucial factor to consider, as they determine which cryptocurrencies and digital assets can be stored and managed within the wallet. For instance, Trust Wallet facilitates over 70 networks, enabling users to store and manage multiple cryptocurrencies.

Additionally, some non-custodial wallets offer extra features such as staking, lending, and decentralized exchange (DEX) integration, providing users with increased control over their funds and access to new financial opportunities.

Hardware vs. Software Wallets: Which Is Right for You?

Hardware wallets, such as Ledger Nano X and Trezor Model T, provide the most secure kind of non-custodial wallet, as they are not connected to the internet, making them less prone to hacking. They also offer a variety of features, such as multi-signature authentication and secure storage of private keys. However, hardware wallets are generally more costly than software wallets and require the user to have physical access to the device to access their funds, making them less convenient for some users.

Software wallets have the following advantages:

While software wallets are less secure than hardware wallets due to their connection to the internet, they still provide a high level of security and protection for your digital assets.

Ultimately, the type of wallet that would be most suitable for your requirements depends on your individual needs and preferences.

Securing your non-custodial wallet is crucial for the protection of your private keys and digital assets. One of the best ways to secure your wallet is through encryption, which safeguards the wallet’s secrets, encrypts outbound transaction data, and ensures that private keys are encrypted and stored securely.

Another way to enhance the security of your non-custodial wallet is by employing multi-factor authentication, which adds an additional layer of protection through a second form of verification, such as a one-time password or biometric authentication. By taking these precautions and following best practices, you can ensure that your non-custodial wallet remains secure and your digital assets are protected.

Non-Custodial Wallets and Decentralized Finance (DeFi)

 (DeFi), non-custodial wallets play a significant role. By providing users with full control over their private keys and funds, non-custodial wallets enable them to:

WalletConnect, a feature supported by most non-custodial wallets, allows users to securely and privately interact with dApps on Ethereum and other EVM-compatible ecosystems.

With non-custodial wallets, users can take advantage of the many financial opportunities that DeFi platforms offer, from earning passive income through staking to participating in yield farming. By using a non-custodial wallet, you can ensure that you have complete control over your funds, while also benefiting from the innovative financial solutions that DeFi has to offer.

Mobile Non-Custodial Wallets: Convenience on the Go

Mobile non-custodial wallets offer the following benefits:

These features make mobile non-custodial wallets a popular choice for users who prioritize security and accessibility.

Many mobile non-custodial wallets, such as BRD and Exodus, offer user-friendly interfaces and a wide range of features that make managing your digital assets a breeze. With the convenience of mobile access and the security of a non-custodial wallet, you can enjoy the best of both worlds, ensuring your digital assets are always within reach and secure.

With Non-Fungible Tokens (NFTs) gaining popularity, non-custodial wallets now support managing and trading digital collectibles. Some popular wallets that support NFT management include:

These wallets allow users to securely store and interact with their digital collectibles.

By using a non-custodial wallet that supports NFTs, you can ensure that your digital collectibles are securely stored and easily accessible, allowing you to participate in the thriving NFT market with confidence.

In conclusion, non-custodial wallets offer a range of benefits, from enhanced security and control over your private keys to greater accessibility and convenience. With a myriad of options available, such as MetaMask, Coinbase Wallet, Trust Wallet, and more, it’s essential to consider the key features and factors that will best suit your needs. Whether you’re looking for a mobile wallet for on-the-go access, a hardware wallet for maximum security, or a wallet that supports NFTs, the perfect non-custodial wallet is waiting for you. #TheCryptoArk #Bybit

What is the best non-custodial wallet crypto?

MetaMask is widely considered to be the best non-custodial crypto wallet, offering users encrypted private keys through a simple 12-word passphrase. With over 30 million people using it across both mobile apps and browser extensions, MetaMask provides a secure and easy way to store digital assets.

Non-custodial crypto wallets are very secure, as all signing of transactions happens within the device itself and is only sent to the blockchain once it's back online, meaning they are virtually impervious to hackers.

The most secure crypto wallet is Electrum, which is one of the oldest and most well-known wallets. It is praised for its extensive security features, high degree of customization, and reliable customer support.

Does Coinbase have a non-custodial wallet?

Yes, Coinbase has a non-custodial wallet. The Coinbase Wallet is self-custody and offers users full control over their digital assets. Additionally, the Coinbase Wallet app provides access to the benefits of a non-custodial wallet.

What is the main difference between a non-custodial and custodial wallet?

A non-custodial wallet provides full control and ownership of private keys and assets to the user, without the involvement of a third party. On the other hand, custodial wallets involve an intermediary between investors and their private keys, requiring approval from the wallet provider for transactions.

The Ultimate Guide to the Best Non Custodial Crypto Wallet

Grab Up to 5,000 USDT in Rewards

Grab Up to 5,000 USDT in Rewards