🛡 Buterin: The next two years for crypto exchanges are a matter of survival
It's time for large exchanges and custodians to focus on protecting funds, not on defeating competitors, Ethereum ($ETH ) co-founder Vitalik Buterin said.
According to him, the biggest hacks of the past year and a half were mainly related to interfaces and centralized infrastructure, not smart contracts.
Buterin called for the use of multi-signature wallets and more thorough risk checks. If the attacks continue, regulators may increase the responsibility of companies for security.
#VitalikButerin #NewsAboutCrypto
It's time for large exchanges and custodians to focus on protecting funds, not on defeating competitors, Ethereum ($ETH ) co-founder Vitalik Buterin said.
According to him, the biggest hacks of the past year and a half were mainly related to interfaces and centralized infrastructure, not smart contracts.
Buterin called for the use of multi-signature wallets and more thorough risk checks. If the attacks continue, regulators may increase the responsibility of companies for security.
#VitalikButerin #NewsAboutCrypto
