Shielding DeFi's Builders: A Call to Action for the Crypto Community

Welcome to our institutional newsletter. This week, we delve into the world of decentralized finance, with a focus on protecting the people driving DeFi innovation. Jennifer Rosenthal, chief communications officer at the DeFi Education Fund, highlights the need to shield software developers from misclassification under criminal code. Meanwhile, Alexis Sirkia, chairman and co-founder of Yellow Network, critiques Ethereum's Layer 2 strategy, arguing that it was designed to address the wrong problem. We also explore the latest headlines, including the impact of smart contract exploits on the market, and examine the chart of the week, which shows Aave's market share sliding after a recent exploit.