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Sage D. Young

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.

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(Aaron Burden/Unsplash)
Finance
Wintermute
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)
By Sage D. Young
Aug 2, 2023 at 9:15 p.m. UTC
Aug 2, 2023
WintermuteArkham intelligenceOn-Chain AnalysisNansen
THORSwap is a cross-chain decentralized exchange built on THORChain. (Manuel Salinas/Unsplash)
Finance
Thorchain
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)
By Sage D. Young
Aug 2, 2023 at 2:57 p.m. UTC
Aug 2, 2023
ThorchainDeFiTradingDEX
Curve Finance's Michael Egorov (Michael Egorov, modified by CoinDesk)
Markets
Curve
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 alre...
Curve Finance's Michael Egorov (Michael Egorov, modified by CoinDesk)
By Krisztian SandorSage D. YoungSam KesslerDaniel Kuhn
Jul 31, 2023 at 9:44 p.m. UTC
Jul 31, 2023
CurveCurve FinanceDecentralized FinanceDeFiLiquidationstop news
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
Dydx
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)
By Sage D. Young
Jul 31, 2023 at 5:15 p.m. UTC
Jul 31, 2023
dYdXGovernance tokenDeFi
(Danny Nelson/CoinDesk)
Finance
Arbitrum
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)
By Sage D. Young
Jul 28, 2023 at 8:25 p.m. UTC
Jul 28, 2023
ArbitrumGrantsDAOsToken Governance
Arkham Intel Exchange is a bounty marketplace where people can trade for on-chain intelligence. (Dan Kitwood/Getty Images)
Finance
Arkham
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)
By Sage D. Young
Jul 28, 2023 at 3:44 p.m. UTC
Jul 28, 2023
ArkhamBountiesPrivacyFTX Collapsememe coinWintermute
KIN, originally created in 2017 by Kik Interactive to monetize the messaging app, has a market cap of nearly $50 million. (Brady Dale/CoinDesk)
Markets
Burn
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.
KIN, originally created in 2017 by Kik Interactive to monetize the messaging app, has a market cap of nearly $50 million. (Brady Dale/CoinDesk)
By Sage D. Young
Jul 27, 2023 at 10:06 p.m. UTC
Jul 27, 2023
burnKikKin EcosystemSolana
Bitcoin monthly chart. (CoinDesk Indices)
Markets
Asia pacific
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...
Bitcoin monthly chart. (CoinDesk Indices)
By James RubinSage D. Young
Jul 26, 2023 at 11:52 p.m. UTC
Jul 26, 2023
Asia PacificBitcoinEtherAltcoinsFirst Mover Asia
Antminer bitcoin mining rigs displayed at Consensus 2021 (Christie Harkin/CoinDesk)
Consensus Magazine
Mining week 2023
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)
By Sage D. Young
Jul 26, 2023 at 2:45 p.m. UTC
Jul 26, 2023
Mining Week 2023Bitcoin HalvingLuxor technologiesMiners
LayerZero CEO Bryan Pellegrino at Crypto Bahamas 2022 (Danny Nelson/CoinDesk)
Finance
Bridge
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)
By Sage D. Young
Jul 25, 2023 at 5:09 p.m. UTC
Jul 25, 2023
BridgeLayerZeroSequoiaAndreessen HorowitzLiquidity