Defending DeFi Infrastructure and Its Builders

Welcome to Crypto Long & Short, our institutional newsletter. This week, we delve into the necessity of safeguarding the individuals and technology behind DeFi infrastructure. Jennifer Rosenthal, Chief Communications Officer at the DeFi Education Fund, emphasizes the need to protect the people building DeFi. Meanwhile, Alexis Sirkia, Chairman and Co-founder of Yellow Network, critiques Ethereum's Layer 2 strategy, arguing it was flawed from the outset due to a misunderstanding of the network's limitations. The newsletter also touches on recent market trends, including the impact of smart contract exploits and the evolution of DeFi lending.