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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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Full fuel gauge icon (M-A-U/Getty)
Technology
Ethereum
EigenLayer’s Restaking Smart Contracts Reach Max Limit on Same Day as Mainnet Launch, Pulling in $16M
Notable depositor into EigenLayer’s pools includes one address that deployed the U.S.-sanctioned Tornado Cash money mixing tool.
Full fuel gauge icon (M-A-U/Getty)
By Sage D. Young
Jun 15, 2023 at 6:36 p.m. UTC
Jun 15, 2023
EthereumDeFiLiquid stakingstETHCoinbase
Lens protocol releases new governance model (Arnaud Jaegers/Unsplash)
Web3
Aave
Aave's Decentralized Social Media Platform Lens Protocol Releases New Governance Model
Lens Improvement Proposals (LIPs) is an attempt to create a framework for developers, creators and users to participate in the decision-making process of Len’s future developm...
Lens protocol releases new governance model (Arnaud Jaegers/Unsplash)
By Sage D. Young
Jun 15, 2023 at 4:05 p.m. UTC
Jun 15, 2023
AaveLens ProtocolDeFiGovernanceToken Governance
(Barth Bailey/Unsplash)
Technology
The graph
The Graph Migrates its Settlement Layer to Arbitrum from Ethereum
The transition is aimed at reducing barriers of entry for The Graph’s users by decreasing gas costs and speeding up transactions.
(Barth Bailey/Unsplash)
By Sage D. Young
Jun 14, 2023 at 4:00 p.m. UTC
Jun 14, 2023
The GraphArbitrumSettlementEthereumData
The Ethereum symbol. (ethereum.org)
Technology
Ethereum
‘Distributed Validator Technology’ Marks Last Key Milestone in Ethereum’s Current Era
The technology known as DVT involves splitting a validator's private key across several node operators. The goal is to increase the network's resilience – while also protect t...
The Ethereum symbol. (ethereum.org)
By Sage D. Young
Jun 14, 2023 at 3:30 p.m. UTC
Jun 14, 2023
EthereumValidatorsProtocolsStakingDecentralization
(Getty Images)
Technology
P2p
P2P.org’s Ethereum Staking Application Is Now Available on Popular Wallet Provider Safe
The integration makes it easier for crypto users to participate in staking without operating the physical infrastructure.
(Getty Images)
By Sage D. Young
Jun 14, 2023 at 1:00 p.m. UTC
Jun 14, 2023
P2PStakingEthereumSelf custody
(Shutterstock)
Finance
Blur
BLUR Underperforms CoinDesk Market Index Ahead of $62M Token Unlock
Huge increase in supply could hurt BLUR’s price. The token has also fallen after SEC labeled other tokens as securities.
(Shutterstock)
By Sage D. Young
Jun 12, 2023 at 8:28 p.m. UTC
Jun 12, 2023
BlurunlockedCMINFT marketplacesSupply
Hany Rashwan and Ophelia Snyder, co-founders of 21Shares parent 21.co (21.co)
Finance
21shares
21Shares Introduces Exchange-Traded Product for Liquid Staking Platform Lido DAO
While the product offers investors single asset exposure to the liquid staking leader, the Switzerland-based firm classified it as a class 7 risk, the highest level.
Hany Rashwan and Ophelia Snyder, co-founders of 21Shares parent 21.co (21.co)
By Sage D. Young
Jun 12, 2023 at 3:06 p.m. UTC
Jun 12, 2023
21SharesLidoTradFiDeFi
Binance Logo (Danny Nelson/CoinDesk)
Markets
Binance
Binance's BNB Token Saw Millions in Sell Orders Right Before SEC Lawsuits
In the first nine hours of June 5, BNB’s open interest increased nearly $30 million.
Binance Logo (Danny Nelson/CoinDesk)
By Sage D. Young
Jun 9, 2023 at 8:00 p.m. UTC
Jun 9, 2023
BinanceSECBNBTrading
Some $550 worth of ETH was transferred from the Optimism Gateway bridge into a smart contract on Optimism. (Unsplash modified by CoinDesk)
Technology
Analysis
Optimism Says Ether Now Treated as Native Cryptocurrency Alongside OP Token
Representatives of the layer-2 network atop Ethereum confirmed the change in the treatment of ETH after CoinDesk observed a $550 million transfer in blockchain data. The chang...
Some $550 worth of ETH was transferred from the Optimism Gateway bridge into a smart contract on Optimism. (Unsplash modified by CoinDesk)
By Sage D. Young
Jun 8, 2023 at 6:50 p.m. UTC
Jun 8, 2023
AnalysisOn-chain DataOptimismEthereumETH
Circle co-founder and CEO Jeremy Allaire. (CoinDesk)
Technology
Usdc
Circle Rolls Out Support for USDC Stablecoin on Arbitrum
Several key applications will support Arbitrum-based USDC like Aave, Balancer, Camelot, Coinbase, Curve, GMX, Radiant, Trader Joe and Uniswap.
Circle co-founder and CEO Jeremy Allaire. (CoinDesk)
By Sage D. Young
Jun 8, 2023 at 3:34 p.m. UTC
Jun 8, 2023
USDCCircleArbitrumStablecoin