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

Последние от Sage D. Young


Технологии

Arbitrum Temporarily Stopped Processing Due to Software Bug

The Ethereum layer 2 network went out of service for several hours due to a bug in the sequencer and a resulting transaction backlog that stressed the network. A fix was deployed and the network is now processing again.

(Danny Nelson/CoinDesk)

Рынки

BNB, CAKE Plummet Following SEC Crackdown on Binance

Both are significant tokens in the Binance ecosystem and had their prices drop by more than 8%.

BNB price daily (CoinDesk)

Рынки

Decentralized Exchange DYdX’s Token Spikes Almost 10% After SEC Sues Binance for Alleged Securities Violations

The surge in DYDX comes as the SEC alleges BNB and BUSD – tokens belonging to centralized exchange Binance – are unregistered security offerings.

(CryptoWatch)

Финансы

Optimism-Based Velodrome Token Slides Nearly 8% Ahead of Major Upgrade

Velodrome’s upgrade is slated for June 15 and is a complete overhaul of the protocol.

VELO/USDT chart (TradingView)

Технологии

New Stablecoin Issuer Raft Is Eschewing Fiat for Its Financial Backing

Its R stablecoin is collateralized by one crypto asset: liquid staking leader Lido’s staked ether (stETH).

(Alfred Gescheidt/Getty Images)

Финансы

Synthetix Community Approves Plan to Nudge Positions Off Soon-to-Shut Version One of Its Perpetuals Market

The market, which was replaced by a new version, has been in close-only mode for months, but about $150,000 remains on the original platform.

(Bernd Dittrich/Unsplash)

Технологии

Jimbos Protocol to Work With U.S. Homeland Security to Help Recover $7.5M From Flash Loan Exploit

The team is opening more cases in other jurisdictions and offering a roughly $800,000 bounty to the general public for information on the exploiter.

U.S. Homeland Security (Smith Collection/Gado/Getty Images)

Финансы

Crypto Bridging Protocol Multichain ‘Unable to Contact’ CEO Zhaojun

Multichain's team says it cannot maintain some cross-chain bridges without getting access permissions from its AWOL chief.

Puente. (Aleksandr Barsukov/Unsplash)

Технологии

5 Years After the $500K Ethereum Wager Between Joe Lubin and Jimmy Song, Who Won?

The wager made at Consensus 2018 between the two blockchain eminences hinged on how far Ethereum adoption would get by now. Crypto analysts say the network appears to have met a key threshold, or at least gotten very close.

From the left, Joe Lubin, Jimmy Song, and Brady Dale. (CoinDesk)

Финансы

Stablecoin Issuer Lybra Finance Nears $100M in TVL

Lybra Finance was launched last month and uses liquid staking derivatives to offer a decentralized interesting-bearing stablecoin.

Lybra Finance TVL (Defillama)