Safeguarding DeFi Infrastructure Builders

Welcome to our institutional newsletter, Crypto Long & Short. This week, we explore the need to safeguard the people behind DeFi infrastructure. Jennifer Rosenthal, chief communications officer at the DeFi Education Fund, highlights the importance of protecting software developers and the technology that enables DeFi. 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 and has led to fragmentation rather than scaling. We also delve into the latest headlines and trends in the crypto space, including the impact of smart contract exploits and the growth of traditional finance's involvement in DeFi.