The Defiant

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.

Base, the Coinbase-incubated Ethereum Layer 2, halted block production for roughly two hours on June 25 after an invalid block stalled its chain, then recovered. All funds stayed secure.

Canton Network posted $60.2 million in 30-day fee revenue, ahead of Tron and Ethereum, as DefiLlama data shows institutional blockchain infrastructure generating real economic activity.

Senators Adam Schiff and John Curtis sent a letter to CFTC Chair Michael Selig Thursday asking whether the agency is investigating Polymarket's paid influencer scheme, putting the regulator in a bind over a platform it licenses but whose staged trades ran on an offshore site beyond its direct reach.

Securitize will begin trading on the NYSE on July 2 under ticker SECZ after completing a SPAC merger with Cantor Equity Partners II that raised over $400 million.

Base blockchain suffered a second chain halt in 24 hours on Friday, with the incident occurring less than three hours before the B20 Activation Registry window and the incident still unresolved as of Friday afternoon.

Growth in the value of tokenized real-world assets has stalled with the first 30-day contraction in more than a year of steady gains.

17 Democratic senators propose an FY2027 appropriations rider to block CFTC funding for its nine-state prediction-market lawsuit campaign, led by Blumenthal and Merkley.

Mark Zuckerberg has urged Meta's senior leadership to explore partnerships with Polymarket and Kalshi, the New York Times reported, extending Meta's prediction-market strategy beyond its in-house Arena app.

Chainlink and a 50+ bank consortium across 16 countries launched Project Pangea at Point Zero Forum in Zurich, targeting T+0 atomic settlement for the $9.6 trillion-a-day global FX market using Chainlink rails, Swift messaging, and regulated EUR and KRW stablecoins.