Sage D. Young

Sage D. Young was a tech protocol reporter at CoinDesk. He cares for the Solarpunk Movement and is a recent graduate from Claremont McKenna College, who dual-majored in Economics and Philosophy with a Sequence in Data Science. He owns a few NFTs, gold and silver, as well as BTC, ETH, LINK, AAVE, ARB, PEOPLE, DOGE, OS, and HTR.

Sage D. Young

Latest from Sage D. Young


Finance

Wintermute, a Major Trader, Is a Key Player in Arkham’s Controversial Dox-to-Earn Platform

The liquidity provider just withdrew 8 million of Arkham’s ARKM token from Binance, increasing its position by 731%.

(Aaron Burden/Unsplash)

Finance

Decentralized Exchange THORSwap Introduces New Feature Aimed at Better Price Execution for Large Trades

Called Streaming Swaps, the feature is designed to improve capital efficiency for decentralized finance users who want to execute large trades.

THORSwap is a cross-chain decentralized exchange built on THORChain. (Manuel Salinas/Unsplash)

Markets

Curve Founder’s $168M Stash Is Under Stress, Creating a Risk for DeFi as a Whole

Curve CEO Michael Egorov pledged 34% of CRV’s total market cap to back loans across DeFi protocols. A forced liquidation would result in selling at a time when prices are already falling.

Curve Finance's Michael Egorov (Michael Egorov, modified by CoinDesk)

Finance

DYdX Proposal to Slash Token Issuance Wins Early Support

In theory, this could boost the price of DYDX, based on the basics of supply and demand.

The governance vote comes almost a month after dYdX, which has about $346 million in total value locked, launched its public test network on Cosmos.(Bettmann/Getty Images)

Finance

Arbitrum DAO’s First Grants Programs Take Shape

Two governance proposals are collectively requesting nearly $5 million worth of ARB tokens to launch grants programs.

(Danny Nelson/CoinDesk)

Finance

Despite Uproar, Crypto Bounties to Unmask Bad Actors Starts to Get Traction

Arkham customers are seeking to identify whomever was behind FTX and Wintermute’s huge hacks as well as an alleged meme-coin rug pull.

Arkham Intel Exchange is a bounty marketplace where people can trade for on-chain intelligence. (Dan Kitwood/Getty Images)

Markets

KIN Token Surges Over 20% After Vote to Burn 70% of Supply Passes

The token climbed on news that about 7 trillion KIN tokens worth $156 million will be burned.

Ted Livingston speaks at Kin Ambassadors event in NYC April 2018. Photo by Brady Dale for CoinDesk.

Markets

First Mover Asia: Bitcoin Post-Fed Rate Hike Fizzles. Will BTC's Recent Low Volatility Last Much Longer?

zkSync Era launched only in February but has more daily active addresses than Arbitrum and Optimism, the two largest scaling solutions by total value locked, underscoring the rising interest in its potential airdrop.

Bitcoin monthly chart. (CoinDesk Indices)

Consensus Magazine

Bitcoin Miners Buy Up Rigs as Prices Near All-Time Lows

Miners are prioritizing the inclusion of next-generation mining rigs in their operations to prepare for the next Bitcoin halving.

Antminer bitcoin mining rigs displayed at Consensus 2021 (Christie Harkin/CoinDesk)

Finance

Bridge Protocol LayerZero Passes 50M Cross-Chain Messages

The milestone highlights the demand for crypto users to transfer liquidity between chains and conduct cross-chain token swaps.

LayerZero CEO Bryan Pellegrino at Crypto Bahamas 2022 (Danny Nelson/CoinDesk)