Camila Russo

Founder of @DefiantNews. Author of The Infinite Machine. Ex Bloomberg News reporter in NYC, Madrid, BsAs. Chilena. Mamá.

[ETHConf @ethconf]

.@haydenzadams built @Uniswap into the AMM that redefined onchain markets. Now he’s looking ahead to what comes after pooled liquidity.

In conversation with @CamiRusso of @DefiantNews.

[The Defiant @DefiantNews]

DeFi almost had its near-death moment.

@camirusso sits down with @MikeSilagadze of @ether_fi to unpack the hack that could've triggered systemic contagion across DeFi, why "decentralization theater" is no longer good enough, and what app-layer protocols have to do to actually protect users.

This one gets into DeFi United, emergency controls, operational security, and why the future of DeFi may depend on building products people use in real life, not just protocols people speculate on.

Watch the full episode here 👇🏻

[ETHConf @ethconf]

"Beyond the AMM: What Comes After Pooled Liquidity"

@haydenzadams, Founder of @Uniswap, with @CamiRusso, CEO of @DefiantNews.

⏰ Main Stage, 3:05pm

[Camila Russo @CamiRusso]

@BSCNews Nice. Who are BSCN owners?

[Camila Russo @CamiRusso]

we need more crypto media who are:

- not owned by companies in the same industry
- not investors or advisors to companies in the same industry
- always disclose paid/sponsored content, including affiliate links

(I know at least one who checks all of the above)

[Camila Russo @CamiRusso]

@TinaJucyBlue Not talking about disclosures, talking about the need for a business model that can sustain independent journalism

[Camila Russo @CamiRusso]

@ggcripto @TrustlessState If the market perceives that strategy needs to keep raising cash and selling BTC to fund debt and dividends, it's a downward spiral.

[Camila Russo @CamiRusso]

can someone explain why STRC and BMNR are not essentially ponzis, bound to collapse on themselves?

[Camila Russo @CamiRusso]

he for sure has an obligation. He has debt, which he goes into default if he doesn't pay.
yes he can cut the strc dividend to zero, but that doesn't eliminate any dividends he owes

and yeah he can serve his debt by raising more cash by selling mstr, but that's my point, he's relying on raising cash from new investors to pay current ones 🔼

[Camila Russo @CamiRusso]

@justcryptodefi yeah, most crypto media do not

[The Defiant @DefiantNews]

The core of the ETH IS MONEY debate was this:
"Can you be bullish Ethereum without being bullish $ETH?"

David Hoffman @TrustlessState:
"Yes. That's how it's been designed." Network ≠ asset.

Watch the full argument and @BitcoinJesusETH push back. 🎙️

[Camila Russo @CamiRusso]

@DismalDefi in the case of strategy, they're selling shares that are supposedly backed by BTC, not fiat.

and I say supposedly backed, because these instruments don't even have a legal claim over the BTC held, they are not actually backed by BTC

https://t.co/WIcbR3cV7B

[Camila Russo @CamiRusso]

@Chr_PnutGallery there is no yield on BTC, you mean price appreciation?

[Camila Russo @CamiRusso]

@pajarosaldarria debt can be zero, but they're relying on raising capital to pay current investors

[Camila Russo @CamiRusso]

risk managed or not, they both depend on raising more and more money to pay current investors.

maybe it stops looking so much like a pyramid scheme if you can rely on just asset appreciation (and staking yield in the case of ETH), but hard to argue that can be the case all the time, forever

[The Defiant @DefiantNews]

💰 BitMine @BitMNR is raising $300M at a 9.5% yield to buy more ETH.

Its Ethereum treasury already sits on $9.2B in unrealized losses and ETH staking yields are running below the 9.5% it's committing to pay holders.

Bullish ETH or landmine?

More here:
https://t.co/GUuw7Oh0bm

[Camila Russo @CamiRusso]

ETH bears and bulls have been talking past each other on X threads but now we get to have them on the show together :)

@TrustlessState
@BitcoinJesusETH

Join us in 10 👇

[The Defiant @DefiantNews]

Is "ETH is money" dead??

@TrustlessState sold all his $ETH bc he believes the thesis is played out.
@BitcoinJesusETH's 'Wartime Ethereum' essay was one of the most shared responses.

🚨 Join us as they discuss LIVE
June 4, 11:30AM EST
Hosted by @camirusso https://t.co/r5fYUyaeof

[Kyle Reidhead | Milk Road @KyleReidhead]

well this is wild

@MilkRoad vs. @Bankless

except this time it’s Milk Road taking the side of $ETH

what is going on in 2026 😅

cc @TrustlessState @BitcoinJesusETH

[Phil Gomes @philgomes]

If you watch ONE SHOW on X tomorrow, be sure to catch @frankcorva of @fedibtc talking with @mtemang76495 about @womenofsatoshi at 10:00 a.m. ET.

But if you have time to watch ANOTHER show, @DefiantNews' @CamiRusso moderating an ETH debate between @TrustlessState and @BitcoinJesusETH at 11:30 a.m. ET should be pretty wild.

[Camila Russo @CamiRusso]

will be another fun one! can't wait 👇

[The Defiant @DefiantNews]

Is "ETH is money" dead??

@TrustlessState sold all his $ETH bc he believes the thesis is played out.
@BitcoinJesusETH's 'Wartime Ethereum' essay was one of the most shared responses.

🚨 Join us as they discuss LIVE
June 4, 11:30AM EST
Hosted by @camirusso https://t.co/r5fYUyaeof