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The Defiant

The Defiant
Ethereum
Defi
Bitcoin
Decentralized Finance
Stablecoins
Web3
Blockchain
Blockchain Technology
Solana
Cryptocurrency
Nfts
Avalanche
Layer 2
Tokenization
Decentralization
Aave
Robinhood
Governance
Tokenized Stocks
Regulation

The internet of money is being built with blockchain technology and without banks. We call it DeFi, short for Decentralized Finance, and this is where you can hear the builders and users of this cutting edge world tell their stories first hand. Hosted by Camila Russo.

PublishesWeeklyEpisodes343Founded6 years ago
Number of ListenersCategory
Technology

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Artwork for The Defiant

Latest Episodes

Bitget lost $387.5 million in a hack and asked THORChain to block the attacker’s addresses. THORChain said no. Weeks later, Tether froze four THORChain vaults on Tron holding 1.45 million USDT, then unfroze them three hours later. And in May, THORCha... more

YouTube

The chip that stole more than $90 million from Ledger users costs less than $20 to build, snaps into place with three solder points, and has gone through at least three generations of design. Whoever makes it isn't planning a short run.

Ledger says ... more

What do you actually own when you buy a tokenized stock? Backpack founder Armani Ferrante breaks down the transfer agent, DTCC, SPV debt-security and Backpack models. Backpack’s version is 1:1 redeemable stock you can move between your brokerage and ... more

YouTube

Starknet says it is “actively considering becoming an L1” — leaving Ethereum to become what it calls the first fully quantum-resistant network, with 2027 as the target. StarkWare co-founder and CEO Eli Ben-Sasson joins Camila Russo to explain the pla... more

YouTube

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Recent Guests

Chad Barraford
THORChain technical co-founder
THORChain
Episode: THORChain Refused to Block the $387M Bitget Hacker. Here’s Why | Chad Barraford
Mark Karpelès
Former Mt. Gox CEO who runs Karpeles Lab and works on hardware security
Karpeles Lab
Episode: Mark Karpelès Opened the Ledgers. The Spy Chips Are Mass-Produced.
Armani Ferrante
Founder and CEO of Backpack and creator of the Anchor Smart Contract Framework
Backpack
Episode: He Lost $14M to FTX. Now He’s Putting Real Stocks on Solana | Armani Ferrante (Backpack)
Eli Ben-Sasson
StarkWare co-founder and CEO, and co-founder of Zcash
StarkWare
Episode: STRK’s L1 Bet: Eli Ben-Sasson on Starknet’s Exit Plan
Pablo Sabbatella
Founder of Opsek, a security firm that audits crypto companies and high-net-worth individuals.
Opsek
Episode: Ledger Was Hacked — Who Do You Trust With Your Keys Now?
Peter Curley
Head of Global Regulatory Affairs, Ondo Finance
Ondo Finance
Episode: Tokenized Stocks Get an SEC Sandbox. Who's Left Out?
Gabriel Otte
Co-founder, Dinari
Dinari
Episode: Tokenized Stocks Get an SEC Sandbox. Who's Left Out?
Rodrigo Seira
Lawyer, Cooley
Cooley
Episode: Tokenized Stocks Get an SEC Sandbox. Who's Left Out?
Nick Almond
Head of governance at the Jito Foundation
Jito Foundation
Episode: Solana's Historic Governance Vote — While Robinhood Invades Its Meme Coin Turf

Host

Camila Russo
Host of The Defiant

Reviews

4.4 out of 5 stars from 260 ratings
  • 10/10

    One of the top podcasts in the blockchain space.

    Apple Podcasts
    5
    kfixbwhdisa
    United States9 months ago
  • Boring

    Someone recommended me to listen to this podcast . In simple words - boring and waste of time .

    Apple Podcasts
    2
    plutobotreturns
    United Statesa year ago
  • Such a wealth of knowledge! đź§ 

    It’s obvious Camila puts extraordinary effort into every single episode. But what makes this show a true standout is the quality of the guests, the stories they tell, and tactics they bring to the table. Don't miss it!

    Apple Podcasts
    5
    ASobering
    United States4 years ago
  • CRINGE Personified

    This show was on a recommended list from someone who’s opinions in the space I take very seriously, so the shocking weakness of this pod was very surprising. She sounds like an uninformed, insecure 20 year old intern thrown into an interview seat with no idea how to conduct an interview (or even have a normal-ish adult conversation) or basic level of understanding of the topics, people, or businesses at hand. Almost a surreally bad podcast, which came as both a massive surprise and disappointmen... more

    Apple Podcasts
    2
    alex x 22
    United States5 years ago
  • Insightful & Elucidating

    Camilla’s journalistic background, combined with her broad knowledge of the space, enables her to ask poignant questions that bring greater insight into a crypto project, while simultaneously enabling us to understand said project’s uniqueness and significance within the wider crypto space.

    Apple Podcasts
    5
    Dutchladle
    United States5 years ago

Listeners Say

Key themes from listener reviews, highlighting what works and what could be improved about the show.

Quality guests and thoughtful questions, though some audio quality critiques noted
Listeners appreciate practical takeaways for builders and investors
Mixed feedback on interview style, with some calls for tighter questioning
Positive reception for in-depth policy and governance discussions
Engaging host with strong guest lineups and deep industry insights

Chart Rankings

How this podcast ranks in the Apple Podcasts, Spotify and YouTube charts.

Apple Podcasts
#108
Brazil/Technology
Apple Podcasts
#167
Indonesia/Technology
Apple Podcasts
#245
Argentina/Technology

Talking Points

Recent interactions between the hosts and their guests.

Mark Karpelès Opened the Ledgers. The Spy Chips Are Mass-Produced.
Q: What do people holding a Ledger should actually do, and does this change the case for self custody?
He advises users not to panic, to inspect a Nano X if they are comfortable doing so, and to treat a device's seed phrase as compromised if an implant is found. Users should move funds calmly to a verified wallet; for larger holdings, he suggests multisig across different brands. He says self-custody remains central to Bitcoin.
Mark Karpelès Opened the Ledgers. The Spy Chips Are Mass-Produced.
Q: So who's making these implants? How far have they spread? And what did Ledger know before the money was gone?
Karpelès says he cannot identify the maker, but the professionally manufactured, iterated design suggests a team producing implants at scale. Reports have come from Malaysia, Singapore and Germany. He says Ledger had received information about implants earlier and had published photos of implant designs, though he argues its support response misrepresented what its genuine check could detect.
THORChain Refused to Block the $387M Bitget Hacker. Here’s Why | Chad Barraford
Q: Can you explain what happened in THORChain's own exploit in May, where $10.7 million was drained?
A vulnerability in the GG20 cryptography implementation allowed an attacker to extract key shares and drain one of THORChain's vaults. The team investigated the cause, found and patched issues, and kept trading halted during the security review.
THORChain Refused to Block the $387M Bitget Hacker. Here’s Why | Chad Barraford
Q: If a chain has the power to stop a hacker from stealing innocent people's money, should it do it?
Barraford says it depends on the protocol's design and whether validators can reach consensus. THORChain's decentralized structure makes quickly agreeing to block a specific transaction impractical, while adding centralized control would change the protocol's design.
He Lost $14M to FTX. Now He’s Putting Real Stocks on Solana | Armani Ferrante (Backpack)
Q: Why structure it this way?
Ferrante says the BP token is designed to reward users who help build the exchange's network effects while avoiding the short-term incentives he associates with token launches. Founders, employees, and investors receive no tokens; company-held tokens are locked until a year after an IPO or similar equity exit.

Audience Metrics

Listeners, social reach, demographics and more for this podcast.

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Frequently Asked Questions About The Defiant

What is The Defiant about and what kind of topics does it cover?

The program features in-depth discussions on crypto policy, DeFi infrastructure, and Ethereum ecosystem dynamics, often centering on governance, risk management, and real-world implementations. Guests range from policymakers and industry veterans to founders and researchers, offering diverse perspectives on issues like staking policy, tokenization of traditional assets, DeFi safety, and regulatory developments. Notable is the mix of rigorous, mechanism-focused conversations with high-profile industry voices, plus a willingness to challenge assumptions about centralization, governance, and ecosystem incentives. This makes it valuable for listeners who want strategic takes on crypto policy, market structure, and risk management, as well as pr... more

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These podcasts share a similar audience with The Defiant:

1. Unchained
2. Empire
3. Bankless
4. a16z crypto show
5. The DeFi Report

How many episodes of The Defiant are there?

The Defiant launched 6 years ago and published 343 episodes to date. You can find more information about this podcast including rankings, audience demographics and engagement in our podcast database.

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What guests have appeared on The Defiant?

Recent guests on The Defiant include:

1. Chad Barraford
2. Mark Karpelès
3. Armani Ferrante
4. Eli Ben-Sasson
5. Pablo Sabbatella
6. Peter Curley
7. Gabriel Otte
8. Rodrigo Seira

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