Safeguarding DeFi Infrastructure Builders

Welcome to Crypto Long & Short, our institutional newsletter. This week, we explore the importance of safeguarding the people behind DeFi infrastructure. Jennifer Rosenthal, chief communications officer at the DeFi Education Fund, discusses the need for protection, 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 scaling issue stems from a flawed design assumption, focusing on trust at the intermediary layer rather than throughput. We also examine the impact of smart contract exploits on the market, including the recent rsETH exploit affecting Aave's market share.