Welcome to Crypto Long & Short, our institutional newsletter. This week, we're focusing on the need to safeguard DeFi infrastructure and the people driving its development.
Jennifer Rosenthal, chief communications officer at the DeFi Education Fund, emphasizes the importance of protecting the technology and infrastructure that make DeFi valuable. She highlights the introduction of the bipartisan Promoting Innovation in Blockchain Development Act of 2026, which aims to protect software developers from misclassification under criminal code.
Meanwhile, Alexis Sirkia, chairman and co-founder of Yellow Network, discusses Ethereum's scaling problem, arguing that the rollup model was flawed from the start and that state channels offer a more promising solution. We also take a look at the week's headlines, including the impact of smart contract exploits on the market and Aave's declining market share following the rsETH exploit.