2023 CMC Crypto Playbook: Blockchain Development Trends by Smart Contract Auditor SlowMist

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The collapse of Terra LUNA/UST, Celsius, Voyager Digital, Three Arrows Capital and the most recent FTX saga has made 2022 a tough and volatile year for many in the industry. According to CoinMarketCap, the total crypto market capitalization has dropped to $821 billion as of the end of November, while on-chain crime has also increased in frequency and sophistication as the industry grows. As of Nov. 22, 2022, there had been 290 security incidents with a total loss of over $3.6 billion, as documented by SlowMist Hacked (an archive of blockchain-related incidents). Regulations have been at the core of the
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