Safeguarding the Builders of DeFi Infrastructure

Welcome to the Crypto Long & Short institutional newsletter. This week, we focus on the need to safeguard the individuals building DeFi infrastructure. Jennifer Rosenthal, chief communications officer at the DeFi Education Fund, highlights the growing trend of traditional finance companies embracing DeFi-related initiatives and the importance of protecting the technology and infrastructure that makes it valuable. Meanwhile, Alexis Sirkia, chairman and co-founder of Yellow Network, analyzes Ethereum's scaling problem, arguing that the rollup model was flawed from the start, and that state channels offer a more promising solution. The newsletter also covers recent market headlines, including the impact of smart contract exploits on the market, and features a chart of the week showing Aave's declining market share following the rsETH exploit.