Welcome to Crypto Long & Short, our institutional newsletter. This week, we delve into the importance of safeguarding the individuals building DeFi infrastructure. Jennifer Rosenthal, chief communications officer at the DeFi Education Fund, emphasizes the need to protect these developers, highlighting their crucial role in shaping the future of finance.
Meanwhile, Alexis Sirkia discusses the shortcomings of Ethereum's Layer 2 scaling strategy, attributing its failure to a flawed design premise. We also examine the latest market trends and headlines, including the impact of smart contract exploits on the crypto sector.