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Latest from Sage D. Young
Lido’s Total Value Locked Spiked 33% In Past Month, Becoming Largest DeFi Protocol by TVL, Says DeFiLlama
Users have deposited $7.8 billion into Lido to reap rewards for the protocol’s community-led validator staking service, heating up the liquid staking derivatives space.
Circulating Supply for The Graph’s GRT Token Jumps With Major Framework Ventures Unlock
Before Framework Ventures’ on-chain actions, the 99 million GRT, worth roughly $7 million, had been sitting in The Graph’s staking contract since February and March 2021.
Staked ETH Passes 16M
The $22.38 billion worth of staked ETH will be impossible to withdraw until Ethereum’s next big upgrade.
First Mover Asia: Active Crypto Developers Decreased Nearly 60% in 2022
Despite the decline over the past year, about 1,600 developers are still active in building the top blockchains and decentralized applications during this bear market.
Polygon’s NFT Market Demonstrates Signs of Significant Increased Adoption, but Not Growth in Sale Volume, Nansen Data Shows
Amid a crypto winter exacerbated by the FTX fallout, first-time and returning buyers have reached all-time highs in Polygon’s non-fungible token market. Yet, sales volumes are near all-time lows.
Chainlink Whale ‘Oldwhite’ Used More Than 150 Wallets to Avoid Staking Limits
The crypto wallet labeled “Oldwhite” on OpenSea is connected to over 1 million staked LINK tokens, blockchain data shows, even though Chainlink officials tried to get "greater inclusion" from a broad base of participants by limiting each wallet to 7,000 LINK tokens.
Chainlink’s First Staking Pool Pulls in $170M of LINK Tokens, Hitting Community Limit After 2 Days
Staking started Tuesday, and 24.27 million LINK tokens were locked in by Thursday to secure the network.
Chainlink ‘Smart Money’ Might Be Pulling LINK Tokens Off Exchanges to Stake Them
The price of LINK is up 28% in the past two weeks.
First Mover Asia: Bitcoin Rises Toward $17K Despite Investor Unease
ALSO: Sam Reynolds writes that most of Grayscale's digital asset trusts are trading at a deep discount, and that many other digital asset trusts that have significant assets face the same predicament.
First Mover Asia: Dogecoin Surges 16% to Continue Its Holiday Cheer
The popular meme coin's upswing during U.S. Thanksgiving holiday celebrations, which started Thursday, was an exception in crypto markets as bitcoin and most other major tokens traded sideways.
