Vitalik Buterin tells crypto exchanges to prioritize survival after Binance hack

Ethereum co-founder Vitalik Buterin urged crypto exchanges to prioritize survival over competition following the Binance hack, arguing that resilience matters more than market share in a stressed industry. The call comes as exchanges face heightened security demands and potential regulatory shifts after one of the sector's largest venues was compromised. Buterin's intervention signals growing pressure on trading platforms to strengthen custody and risk controls rather than chase volume. The remarks follow the Binance breach, whose financial impact was not detailed in the article. Market participants will watch whether major exchanges respond with tighter security standards and how regulators treat the incident.