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

Tech

Ens

Ethereum Name Service Selects Karpatkey DAO to Manage Its Endowment Fund

The new fund manager will manage ENS’ treasury and create a sustainable fund to fuel development regardless of overall economic conditions.

By Sage D. Young

Nov 23, 2022 at 8:26 a.m. UTC

Nov 23, 2022

ENSDAO

FTX's collapse is having ripple effects across the crypto universe. (Leon Neal/Getty Images)

Markets

First mover

First Mover Americas: FTX Fallout Reverberates Across Crypto-Land

The latest price moves in crypto markets in context for Nov. 16, 2022.

By Bradley Keoun Sage D. Young Omkar Godbole

Nov 16, 2022 at 1:54 p.m. UTC

Nov 16, 2022

First MoverMarketsFTXBlockFiBitcoin

Markets

Defi

DeFi Protocols Are Winning Users as Centralized Crypto Exchanges Suffer Ether Outflows

In the wake of the downfall of Sam Bankman-Fried’s FTX exchange, crypto traders are increasingly turning toward decentralized-finance (DeFi) protocols – as Ethereum tokens flo...

By Sage D. Young

Nov 15, 2022 at 10:51 p.m. UTC

Nov 15, 2022

DeFidecentralized applicationsDecentralized FinancedYdXAaveBinanceCoinbase

Annotated chart of the 162-asset CoinDesk Market Index (CMI) over the course of the FTX and Alameda saga. (CoinDesk Indices and Research/Sage D. Young)

Markets

Ftx

The Epic Collapse of Sam Bankman-Fried's FTX Exchange: A Crypto Markets Timeline

Tracing the CoinDesk Market Index (CMI) through key news developments in the swift unraveling of billionaire Sam Bankman-Fried's crypto empire shows just how quickly the specu...

By Sage D. Young Bradley Keoun

Nov 12, 2022 at 4:01 p.m. UTC

Nov 12, 2022

FTXFTTMarketsCrypto ExchangeTradingInvesting

SHIB represents Crypto.com's second-largest token holding (Unsplash, modified by CoinDesk)

Markets

Shiba inu

Crypto.com's Preliminary Glimpse of Token Reserves Reveals 20% in Shiba Inu Coin

As large crypto exchanges push to prepare “proof-of-reserves” audits, an initial effort reveals just how much of Crypto.com’s reserves are in the dog-inspired meme token, SHIB...

By Sage D. Young

Nov 11, 2022 at 8:26 p.m. UTC

Nov 11, 2022

Shiba InuCrypto.commeme coinFTX

Investors rush to withdraw their savings during a stock market crash, circa 1929. (Hulton Archive/Getty Images)

Markets

Ftx

FTX Balances Tumbled 87% in 5 Days in Epic Crypto Deposit Run, Data Shows

A glance at data from Arkham Intelligence shows the behind-the-scenes operational reality that drove billionaire Sam Bankman-Fried's beleaguered FTX exchange to order a withdr...

By Sage D. Young

Nov 10, 2022 at 4:46 p.m. UTC

Nov 10, 2022

FTXSam Bankman-FriedSBFNansen