Safeguarding DeFi Infrastructure Builders

Welcome to Crypto Long & Short, our institutional newsletter. This week, we're focusing on the need to safeguard the individuals building DeFi infrastructure. Jennifer Rosenthal, chief communications officer at the DeFi Education Fund, emphasizes the importance of protecting these builders, citing the introduction of the Promoting Innovation in Blockchain Development Act as a step in the right direction. Meanwhile, Alexis Sirkia, chairman and co-founder of Yellow Network, argues that Ethereum's scaling problem stems from a fundamental design flaw, rather than a throughput issue, and that state channels offer a potential solution. We also highlight key headlines from the week, including the impact of smart contract exploits on the market and the shifting landscape of DeFi lending.