Safeguarding DeFi Infrastructure Builders

Welcome to our Crypto Long & Short newsletter. This week, we discuss the need to safeguard the individuals building DeFi infrastructure. Jennifer Rosenthal, chief communications officer at the DeFi Education Fund, emphasizes the importance of protecting these builders, highlighting the introduction of the bipartisan Promoting Innovation in Blockchain Development Act of 2026. Meanwhile, Alexis Sirkia, chairman and co-founder of Yellow Network, argues that Ethereum's L2 strategy is flawed due to its focus on throughput rather than trust at the intermediary layer, suggesting that state channels offer a more viable solution. We also explore the latest headlines, including the impact of smart contract exploits on the market, and provide insights into the shifting landscape of DeFi and cryptocurrency regulations.