Welcome to Crypto Long & Short, our institutional newsletter. This week, we explore the need to safeguard the individuals building DeFi infrastructure. DeFi Education Fund's Jennifer Rosenthal emphasizes the importance of protecting these innovators, citing the introduction of the bipartisan Promoting Innovation in Blockchain Development Act of 2026.
This act aims to protect software developers from misclassification under criminal code. Meanwhile, Alexis Sirkia, chairman and co-founder of Yellow Network, argues that Ethereum's scaling issue stems from a flawed assumption about the nature of its limitations, rather than mere throughput. He advocates for state channels as a solution, enabling peer-to-peer transactions without intermediaries.
Other contributors, such as Francisco Rodrigues, highlight the growing connections between traditional finance and the crypto sector, as well as the impact of smart contract exploits on the market.