Vitalik warns: over the next two years, the top priority for crypto exchanges will be survival, not competition.

Ethereum co-founder Vitalik Buterin said in an interview with Moneycontrol that survival, not competitive advantage, will be the top priority for crypto exchanges over the next two years, citing frequent industry hacks. He warned that persistent security failures could prompt regulators to step in and require exchanges to adopt more cautious operations and bear stricter security accountability. Buterin also acknowledged the continued growth of India's developer ecosystem. The comments signal that security and regulatory risk, rather than market-share battles, may define the exchange sector's near-term outlook.