The Defiant, founded by Camila Russo in June 2019 as a one-person Substack newsletter, grew into a multi-format outlet with two editorial editions, a published sourcing and corrections policy, and editor-reviewed automated briefs. Defiant Media Inc., a Brooklyn-based Delaware corporation, announced a $1.4 million pre-seed round in April 2021. The Defiant covers DeFi, blockchains, markets and regulation, while Converge focuses on institutional TradFi-onchain activity. As of the July 15, 2026 cutoff, Leviathan's corpus held 98 direct-site Defiant rows plus eight official social or video items, spanning April 2023 through June 2026.

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