Tag: infrastructure
Inaccurate maps are delaying the Bipartisan Infrastructure Law’s broadband funding
Nearly nine months after Congress passed President Biden’s $1 trillion infrastructure bill, the federal government has yet to allocate any of the $42.5 billion in funding the legislation set aside for expanding broadband service in underserved communities, according to The Wall Street Journal. Under the law, the Commerce Department can’t release that money until the Federal Communications Commission (FCC) publishes new coverage maps that more accurately show homes and businesses that don’t have access to high-speed internet.
Inaccurate coverage data has long derailed efforts by the federal government to address the rural broadband divide. The previous system the FCC used to map internet availability relied on Form 477 filings from service providers. Those documents have been known for their errors and exaggerations. In 2020, Congress began requiring the FCC to collect more robust coverage data as part of the Broadband DATA Act. However, it wasn’t until early 2021 that lawmakers funded the mandate and in August of that same year that the Commission published its first updated map.
Following a contractor dispute, the FCC will publish its latest maps sometime in mid-November. Once they’re available, both consumers and companies will a chance to challenge the agency’s data. As a result of that extra step, funding from the broadband plan likely won’t begin making its way to ISPs until the end of 2023, according to one analyst The Journal interviewed.
“We understand the urgency of getting broadband out there to everyone quickly,” Alan Davidson, the head of the Commerce Department unit responsible for allocating the funding, told the Journal. “We also know that we get one shot at this and we want to make sure we do it right.”
DeFi Insight |The Aptos Blockchain: Safe, Scalable, and Upgradeable Web3 Infrastructure
August 12th, 2022
Today’s DeFi data&news Brought to you by DeFi Insight
“The rise of blockchains as a new Internet infrastructure has led to developers deploying tens of thousands of decentralized applications at rapidly growing rates. Unfortunately, blockchain usage is not yet ubiquitous due to frequent outages, high costs, low throughput limits, and numerous security concerns. To enable mass adoption in the web3 era, blockchain infrastructure needs to follow the path of cloud infrastructure as a trusted, scalable, cost-efficient, and continually improving platform for building widely-used applications.”@Source
LATEST NEWS
| EXCHANGE
▪ FTX CEO unhappy as crypto firms fail to aid each other
▪ Crypto Exchange Hotbit Suspends Service After Law Enforcement Freezes Its Funds, Subpoenas Senior Managers
| STABLECOIN
▪ MakerDAO founder says it’s ‘almost inevitable’ DAI will abandon USD peg
| MARKET
▪ Ethereum Classic Hits 4-Month High as Merge Approaches
| DERIVATIVES
▪ Introducing Mycelium: Perpetual Swaps launching August 2022
| PAYMENT
▪ The Strike Card is here!
| ASSET MANAGEMENT
▪ BTC Primed For Trillion-Dollar Boost As BlackRock Offers Direct Bitcoin Exposure To Institutional Investors
▪ Steve Cohen Quietly Setting Up Crypto-only Asset Manager
| FORK
▪ Cardano Developers Reach Significant Milestone As Vasil Tests Enter The Final Stages
| MINING
▪ Crypto Lender Tied to Chinese Rig Giant Throws Miners a Lifeline
▪ Crypto Miner Core Scientific Cuts 10% of Staff, Keeps Hashrate Projection
| POLICY®ULATION
▪ Buenos Aires to Deploy Ethereum Validator Nodes in 2023
| FUND
▪ Datawisp Raises $3.6M In A Round Led By CoinFund to Build Its No-Code Data Platform
▪ Pioneering Multi-chain Game Monsterra Ready for IDO & Mainnet Launch this August
Data & Analysis
▶ Total Value Locked (TVL)
The current total locked volume of DeFi on the entire network is US $67.07 billion, a 24-hour decrease of 0.50%.
| TOP 10 Chains by TVL
| Top 10 Projects by Latest TVL
| Top 10 Projects by the TVL Growth in the Last 24h
▶ Protocol Revenue
| Top projects by cumulative total revenue ( 24H) _Blockchains (L1)
| Top projects by cumulative total revenue ( 24H) _Dapps (L2)
| Daily revenue for Top 10 Exchanges
| Daily revenue for Top 10 Lending Protocols
DEEP DIVE
▪ $UNI — The Valueless Token of the Most Valuable Protocol
$UNI – The Valueless Token of the Most Valuable Protocol
▪ NFTs are going green
▪ Measuring SNARK performance: Frontends, backends, and the future
REPORT
▪ Exchange Review — July 2022_cryptocompare
Spot trading volumes across all centralised crypto exchanges declined 1.34% to $1.39tn, the lowest monthly trading volume recorded since December 2020.
Binance, FTX, OKX and Coinbase have all seen spot trading volumes decline since the start of the year.
Derivatives trading volume rose for the first time since March, increasing 13.4% to $3.12tn.
▪ Has Inflation Peaked?_delphidigital
▪ Mina: The Succinct Blockchain_thetie
▪ Tornado Cash Activities After Sanctions_theblockresearch
▪ The State of Aave Q2 2022_messari
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DeFi Insight |The Aptos Blockchain: Safe, Scalable, and Upgradeable Web3 Infrastructure was originally published in Coinmonks on Medium, where people are continuing the conversation by highlighting and responding to this story.
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