Welcome to Crypto Long & Short, our institutional newsletter. This week, we explore the need to safeguard the creators of DeFi infrastructure.
Jennifer Rosenthal, chief communications officer at the DeFi Education Fund, emphasizes the importance of protecting these individuals, highlighting the introduction of the Promoting Innovation in Blockchain Development Act. Meanwhile, Alexis Sirkia, chairman and co-founder of Yellow Network, analyzes Ethereum's scaling issues, arguing that the rollup model was flawed from the start and that state channels offer a more viable solution. We also look at the latest headlines and trends in the crypto space, including the impact of smart contract exploits and the growing connections between traditional finance and crypto.