Camila Russo

Fundamental Global Inc. (Nasdaq: FGF) has filed a shelf registration with the U.S. Securities and Exchange Commission allowing it to offer up to $5 billion in securities over time, a move that could position the company to significantly expand its Ethereum holdings.

In this episode of The Defiant Podcast, we sit down with Ellio Trades, Co-Founder of BlackHole, the fastest-growing decentralized exchange on Avalanche. Ellio shares his insights on the current state of the crypto market, including whether we're entering a new altcoin season or witnessing a slower, more sustainable growth cycle. He dives deep into the maturation of the crypto space, the role of institutional investors, and why this cycle could be the most significant in crypto history.

Ondo Finance is at the forefront of the real-world asset (RWA) revolution, bringing traditional financial products like U.S. treasuries, stocks, and ETFs onto blockchain rails. In this episode of the Defiant Podcast, Ian De Bode, Chief Strategy Officer at Ondo Finance, dives into democratizing access to financial markets for a global audience. By tokenizing assets, Ondo enables 24/7 mobility, seamless DeFi integration, and enhanced investor protections, all while addressing the inefficiencies of traditional finance.

Institutional Bitcoin treasuries are coming but they won’t touch DeFi unless the liquidity, custody, and risk models meet their standards. Threshold (TBTC) is building that bridge. In this interview, we break down how TBTC is competing with WBTC, why full decentralization alone isn’t enough, and why Threshold is now designing hybrid custody solutions to connect DeFi with the emerging wave of Bitcoin treasury companies (DATs). We also discuss adoption signals on Aave, real BTC collateral usage, governance structure, and the roadmap toward sustainably scaling Bitcoin finance beyond token incentives.

In this episode of The Defiant podcast, Camila Russo sits down in Buenos Aires (Devconnect) with Marissa Posner (Product, Ethereum Foundation) and Yoav Weiss (security researcher, Ethereum Foundation) to unpack The Trustless Manifesto and the Ethereum Interop Layer (EIL), why “trust assumptions” are quietly creeping into Ethereum’s stack, and what it will take to preserve Ethereum’s core values while making UX actually usable.We dig into the hidden places users are forced to trust intermediaries, from cross-chain interoperability and solvers to something most people never question: RPCs. Then we get practical: the guests walk through the EIL, a new approach to cross-chain UX that aims to deliver one-signature interop without introducing new trust assumptions, plus why the wallet becomes the center of the user’s security model. Finally, we zoom out: how should wallets warn users, what does “walkaway test” really mean, and why institutions may end up being one of the strongest forces pushing crypto toward less counterparty risk.

The SEC and CFTC's landmark crypto taxonomy has been widely hailed as a decisive break from years of regulatory limbo but legal experts say one of its most consequential provisions raises more questions than it answers, with no formal process for issuers to find out if they've gotten it right.

Aave service providers on Monday published a detailed incident report quantifying the protocol's exposure to the April 18 Kelp DAO rsETH bridge exploit, outlining two bad-debt scenarios ranging from $123.7 million to $230.1 million, and recommending an immediate pause of the protocol's Umbrella safety module.

The same architectural openness that turned a forged cross-chain message at Kelp DAO's bridge into hundreds of millions of bad debt at Aave has in 48 hours, produced its own antidote: A coalition of DeFi protocols has launched an emergency exit route.

Prediction markets are entering a new phase — and the biggest market makers in the world are taking notice. Alex Momot, Co-founder of Peanut Trade, joins Camila Russo to break down the mechanics, the opportunity, and the risks behind this fast-moving space.Topics covered:-What Peanut Trade does and how it started as a MEV searcher in 2020 -Why prediction markets could be the next big thing for tokenization and AI -Why firms like Wintermute, Jane Street and Susquehanna are eyeing prediction markets -The liquidity crisis in prediction markets and how market makers solve it -Polymarket vs. Kalshi: which is more institutional and why it matters -Insider trading in prediction markets: is it actually a bigger problem? -How AI tools compare markets across platforms to find arbitrage -Hyperliquid's entry into prediction markets and what it means for competition -Whether small startups can survive next to $20B giants like Polymarket and Kalshi -Peanut Trade's roadmap: AI agents that hedge your geopolitical risk automatically🔔 Subscribe for more DeFi, crypto, and Web3 coverage from The Defiant.

Rocket Pool's Saturn 1 upgrade reshapes the math for RPL and rETH holders.Darren Langley, GM of Rocket Pool, sits down with Camila Russo to explain how the protocol expands its scaling capacity, stabilizes rETH's peg, and turns RPL staking into a real ETH-yield strategy.03:46 Saturn 1 vs. Saturn 0: what actually changed 11:43 The 4 ETH bond and megapool structure 13:33 RPL's fee switch and falling inflation 18:18 Why Rocket Pool sees decentralization as a competitive edge over Lido and centralized exchanges 23:51 Why ETH staking keeps climbing and what's driving demand from ETFs and treasury companiesWatch to understand where Ethereum liquid staking is headed next.Explore The Defiant ✨