Cosmos faced challenges in 2022, including the collapse of the Terra Luna ecosystem, tension between co-founders, and a decline in the token's value. However, projects such as dYdX and Seda continue to support the network's vision of inter-blockchain communications (IBC). Seda, which enables over 12 million data feeds across 24 networks, uses oracles to add value to IBC by providing smart contracts with external data. To ensure security, Seda emphasizes education and the use of smart price data modules, as well as setting up metrics like liquidation thresholds and collateralization ratios.