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.

Recent

EigenLayer CEO Sreeram Kannan (University of Michigan, modified by CoinDesk)

Technology

Ethereum

Ethereum 'Restaking' Takes Shape as Next Big Trend in Blockchain Security

EigenLayer’s platform for "restaking" is designed to extend Ethereum’s pooled security from ETH stakers to other blockchain systems – a way for developers to bootstrap new net...

By Sage D. Young Bradley Keoun

Aug 17, 2023 at 3:00 p.m. UTC

Aug 17, 2023

EthereumStakingTechnologyStaking week 2023

Finance

Sandbox

Metaverse Platform Sandbox Transferred Out 60M SAND Ahead of Monday's $133M Token Unlock

As the price of SAND slid 4% in August, the Sandbox Genesis smart contract had emitted 60 million SAND tokens prior to the upcoming token unlocked scheduled for Aug. 14.

By Sage D. Young

Aug 10, 2023 at 9:45 p.m. UTC

Aug 10, 2023

SandboxunlockedTrading

Finance

Coinbase ventures

Coinbase Ventures' Strategic Investment Sends Rocket Pool Token Surging

The investment branch announced today the purchase of an undisclosed amount of Rocket Pool’s native token RPL, which has jumped more than 9% in the past 24 hours.

By Sage D. Young

Aug 10, 2023 at 6:09 p.m. UTC

Aug 10, 2023

Coinbase VenturesLiquid stakingDeFi

Finance

Aave

Aave Token Holders Voting on 2 Proposals Following Averted Curve Liquidation Crisis

The proposals, which aim to disable CRV borrowing and decrease Aave’s exposure to Curve’s native token on its Ethereum V2 markets, are responses to the liquidation pressure fa...

By Sage D. Young

Aug 10, 2023 at 5:22 p.m. UTC

Aug 10, 2023

AaveCurveToken GovernanceLiquidations

Finance

On-chain analysis

Early Base Whales Have an Affinity for Meme Tokens, Nansen Says

The top 22 depositors to Base as of July 31 have allocations in a telegram trading bot token, several meme tokens and an on-chain casino token.

By Sage D. Young

Aug 9, 2023 at 7:31 p.m. UTC

Aug 9, 2023

On-Chain AnalysisBaseCoinbaseWhalesTrading

Finance

Aptos

Aptos’ APT Token Slides Ahead of $30M Unlock

APT has decreased by over 3.2% in the past 24 hours performing worse than bitcoin (BTC) and ether (ETH), per CoinDesk market data.

By Sage D. Young

Aug 7, 2023 at 6:42 p.m. UTC

Aug 7, 2023

AptosTokensMarketsTrading

Finance

Layer 2s

Mantle Introduces New Governing Body for Treasury Management

The new layer 2 network passed a governance vote that establishes the Mantle Economics Committee as well as introduces more liquid staking into the ecosystem by authorizing li...

By Sage D. Young

Aug 7, 2023 at 4:44 p.m. UTC

Aug 7, 2023

Layer 2sScaling solutionLidoLiquid stakingToken Governance

Technology

Lido

Lido Attracted 10K Ether Stakers to Protocol in July

The largest staking service provider also crossed $15 billion in total value locked, a level not seen since May 2022.

By Sage D. Young

Aug 7, 2023 at 2:32 p.m. UTC

Aug 7, 2023

LidostETHLiquid stakingDeFi

Technology

Avalanche

Avalanche Blockchain Usage Grew in Second Quarter: Nansen

The Avalanche C Chain saw daily active address and transaction volume – two important metrics to gauge a blockchain’s health – increase significantly in the period.

By Sage D. Young

Aug 4, 2023 at 3:59 p.m. UTC

Aug 4, 2023

AvalancheNansenOn-Chain Analysis