Welcome to our institutional newsletter. This week, we explore the need to safeguard the individuals building DeFi infrastructure. We also examine the limitations of Ethereum's Layer 2 scaling approach and discuss potential alternatives.
The DeFi Education Fund invites you to join us in protecting the technology and infrastructure that makes DeFi valuable. Recent bipartisan discussions with Congressional leaders have focused on building legislation that reflects a fundamental understanding of neutral, decentralized technology.
The Promoting Innovation in Blockchain Development Act aims to protect software developers from inappropriate misclassification under criminal code. Meanwhile, Ethereum's scaling issues are being reevaluated, with some arguing that the rollup model is flawed and that state channels may offer a better solution.
The industry is shifting towards new infrastructure that can settle cross-chain transactions in real-time without custodial chokepoints. This week's headlines highlight the growing connections between traditional finance and the crypto sector, as well as the impact of smart contract exploits on the market.