Welcome to our institutional newsletter, Crypto Long & Short. This week, we delve into the importance of protecting the people behind DeFi infrastructure. Jennifer Rosenthal, chief communications officer at the DeFi Education Fund, emphasizes the need to defend the technology and infrastructure that make DeFi valuable.
She highlights the introduction of the bipartisan Promoting Innovation in Blockchain Development Act of 2026, which aims to protect software developers from misclassification under criminal code. Meanwhile, Alexis Sirkia, chairman and co-founder of Yellow Network, discusses the limitations of Ethereum's Layer 2 scaling strategy, arguing that the rollup model was designed around the wrong assumption that the platform's limitation was throughput, rather than the movement of value between participants.