Crypto Terms:
Letter S
What is SPAC?
Meaning:
SPAC -
a company that has the goal of raising money through an initial public offering (IPO) or merging with a company that already exists.
Let's find out SPAC meaning, definition in crypto, what is SPAC, and all other detailed facts.
SPAC stands for special purpose acquisition company and it is a company that has the goal of raising money through an initial public offering (IPO) or through merging with a company that already exists. SPACs are non-commercial entities that are often founded by a group of investors (or sponsors) with the goal of pursuing deals in a specific industry.
The money raised in an IPO by SPACs is placed in an interest-bearing trust account and cannot be distributed unless the SPAC completes an acquisition or returns the money to investors if it is liquidated. They serve as a link between the general public and enterprises that have difficulty obtaining cash.
SPACs are a preferred way for companies to go public without the hassles of a typical IPO or an initial coin offering (ICO), and without the substantial market presence that direct listings require. SPACs are more convenient and faster because, rather than the night before as it is with typical IPOs, corporations acquire assurances from investors early on at an agreed price.
malware that infects the computer and steals recorded data. If the target is an organization, the malware may <strong>spread<\/strong> through the entire internal system, corrupting sensitive work information.<\/p>\n<p>There are methods to detect whether a suspicious email is a spear phishing attempt, as well as strategies on how to avoid being targeted altogether.<\/p>\n<p>Since these emails are targeted, it’s possible that the attacker already has access to some personal information, such as the victim’s address or phone number. Therefore, you should avoid giving out more personal data to unknown parties.<\/p>\n<p>If a spear phishing is targeting a specific company, the attacker may pretend to be a customer or a supplier – a party that would reliably have contact with the organization in question. This can be harder to detect, particularly if the victim does not have frequent contact with legitimate representatives.<\/p>\n<ul>\n<li>Organizations should raise awareness of phishing campaigns and provide education programs for employees. The education should concern data protection, security and privacy measures, and ways to detect suspicious emails;<\/li>\n<li>Organizations should ensure that the email services used are secure and able to easily identify scam and phishing attempts, as well as other malicious attacks.<\/li>\n<li>Users should always <strong>create a backup of their data<\/strong> stored in an external device, such as a USB or in cloud storage;<\/li>\n<li>All software should be up-to-date to reduce the possibility of system vulnerabilities. Older versions of the software are easier for hackers to breach as they may not contain security updates and patches.<\/li>\n<\/ul>","definition":"a targeted attack that aims to force the victim to reveal their personal data.","status":"published","meta_title":"What is Spear Phishing? Definition & Meaning | Crypto Wiki","meta_description":"Spear Phishing meaning: Spear Phishing - a targeted attack that aims to force the victim to reveal their personal data.","meta_keywords":null}"
:prev-section="{"id":712,"wikipedia_url":"https:\/\/en.wikipedia.org\/wiki\/Source_code","level":"medium","author_id":1,"created_at":"2023-06-19T06:59:00.000000Z","updated_at":"2023-12-17T10:24:13.000000Z","slug":"what-is-source-code","title":"What is Source Code?","section":"S","keyword":"Source Code","content":"<p>A source code is a <strong>collection of instructions and statements<\/strong> that together form a computer program written in a high-level programming language. Later, using a compiler this code is translated into machine language. The translated code is referred to as<strong> object code.<\/strong><\/p>\n<p>A program's source code is often stored in one or more text files and has a significant amount of lines of code. The actual structure of these files differs depending on the programming language, however, most applications have one or more files with the extensions .<em>c, .cpp, .CPP, <\/em>or<em> .cxx (e.g., filename.c)<\/em>. In most circumstances, the file name corresponds with the name of the program's core purpose or technique, and the file's material includes only a <strong>function description<\/strong>, accompanying declarations, and statements.<\/p>\n<p>While bigger programs typically make use of hundreds or thousands of documents, it is fairly rare for <strong>tiny applications<\/strong> to employ only one source code file. Note that if there are numerous source files, the software might be divided into portions. This happens due to the fact that when all of the program's elements and procedures are contained in a <strong>single document<\/strong>, it might be difficult to identify certain areas of code.<\/p>\n<h3>Why Do You Need to Have a Source Code?<\/h3>\n<p>Yes, it is crucial to have a source code since it is a way of protecting yourself when transferring a license to a new owner or making a second file. You are dependent on the development company that created the app or website if you don’t possess a source code. In regards to that, <strong>the source code is the backbone of your program or website<\/strong>.<\/p>\n<p>Besides, another important factor of having the source code is that it is possible for you to adjust it at any point when you need that. Having your own source code guarantees that you have superior protection.<\/p>\n<p>In addition, it is the only method to make sure that you are up to date with security patches and various news.<\/p>\n<h3>Source Code VS Open Source<\/h3>\n<p>To specify, <strong>source code<\/strong> is usually written in a programming language such as PHP or<a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-javascript/"> JavaScript<\/strong><\/a>, which is a text that anyone can read. The term itself indicates the fundamental code of a program.<\/p>\n<p><a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-open-source/">Open-source software (also known as<strong> free\/libre open-source software (FLOSS)<\/strong>), is software that a user can duplicate, adjust, distribute, and share since its source code is <strong>available to the public for free<\/strong>. It is built in a team manner where everyone has access to the source code. The rationale for this transparency is that users can understand how the application works and other developers can modify it to build additional apps.<\/p>","definition":"is a particular set of instructions as well as statements that lead to a computer program that was written by utilizing a high-level programming language.","status":"published","meta_title":"What is Source Code? Definition & Meaning | Crypto Wiki","meta_description":"Source Code meaning: Source Code - is a particular set of instructions as well as statements that lead to a computer program that was written by utilizing a high-level programming language.","meta_keywords":null}"
:model="{"id":706,"wikipedia_url":"https:\/\/en.wikipedia.org\/wiki\/Initial_public_offering","level":"easy","author_id":1,"created_at":"2023-06-19T06:59:00.000000Z","updated_at":"2023-12-17T10:25:37.000000Z","slug":"what-is-spac","title":"What is SPAC?","section":"S","keyword":"SPAC","content":"<p><strong>SPAC<\/strong> stands for special purpose acquisition company and it is a company that has the goal of raising money through an <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-initial-public-offering-ipo/">initial public offering (IPO)<\/strong><\/a> or through merging with a company that already exists. SPACs are <strong>non-commercial entities<\/strong> that are often founded by a group of investors (or sponsors) with the goal of pursuing deals in a specific industry.<\/p>\n<p>The money raised in an IPO by SPACs is placed in an <strong>interest-bearing trust account<\/strong> and cannot be distributed unless the SPAC completes an acquisition or returns the money to investors if it is liquidated. They serve as a link between the general public and enterprises that have difficulty obtaining cash.<\/p>\n<p>SPACs are a preferred way for companies to <strong>go public without the hassles of a typical IPO <\/strong>or an <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-initial-coin-offering-ico/">initial coin offering (ICO)<\/strong><\/a>, and without the substantial market presence that direct listings require. SPACs are more convenient and <strong>faster<\/strong> because, rather than the night before as it is with typical IPOs, corporations acquire assurances from investors early on at an agreed price.<\/p>","definition":"a company that has the goal of raising money through an initial public offering (IPO) or merging with a company that already exists.","status":"published","meta_title":"What is SPAC? Definition & Meaning | Crypto Wiki","meta_description":"SPAC meaning: SPAC - a company that has the goal of raising money through an initial public offering (IPO) or merging with a company that already exists.","meta_keywords":null,"author":{"id":1,"user_id":1,"created_at":"2023-05-03T14:30:55.000000Z","updated_at":"2023-05-11T07:18:20.000000Z","title":"Editor-In-Chief","slug":"aaron-s-editor-in-chief","description":"<p>Having completed a Master’s degree on Economics, Politics & Culture for the East Asia region, Aaron has written scientific papers with a comparative analysis of the differences between US’ Western and Japan’s Collective forms of capitalism, 1945-2020.<\/p>\n<p>With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.<\/p>\n<p>Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.<\/p>\n<p>Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.<\/p>","user":{"id":1,"first_name":"Aaron","last_name":"S.","email":"aaron@bitdegree.org","email_sanitized":"aaron@bitdegree.org","email_verified_at":"2023-12-01T09:40:20.000000Z","must_verify_email":false,"is_registered_with_wallet":false,"status":"active","country":"LT","last_connected_ip":"88.119.132.125","image_id":2641,"referral_token":"05TMu2NysXOCn525","referred_by":null,"created_at":"2023-05-03T14:30:55.000000Z","updated_at":"2024-01-09T15:22:21.000000Z","full_name":"Aaron S."}}}"
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Crypto","status":"published","modified_content":null}]},{"id":3,"title":"Crypto Exchanges","slug":"crypto-exchanges","updated":null,"chapter":"crypto\/assets\/crypto-book\/chapters\/learn-crypto-exchanges.jpg","chapter_simple":"crypto\/assets\/crypto-book\/chapters-simple\/crypto-exchanges-101.jpg","rating":80,"sections":[{"chapter_id":3,"order":1,"slug":"how-do-cryptocurrency-exchanges-work","title":"How do Cryptocurrency Exchanges Work?","status":"published","modified_content":null},{"chapter_id":3,"order":2,"slug":"dex-vs-cex","title":"DEX VS CEX: Two Sides of the Crypto Exchange Industry","status":"published","modified_content":null},{"chapter_id":3,"order":3,"slug":"crypto-day-trading","title":"Crypto Day Trading: The Difference Between Buying, Trading, and Swapping","status":"published","modified_content":null},{"chapter_id":3,"order":4,"slug":"kyc-crypto","title":"KYC & AML: The Key to Complying With Legal Industry 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The Ins and Outs","status":"published","modified_content":null},{"chapter_id":5,"order":3,"slug":"buying-nft","title":"Tips and Tricks of Choosing the Right NFTs","status":"published","modified_content":null},{"chapter_id":5,"order":4,"slug":"how-to-store-nft","title":"How to Store NFTs: Best Practices","status":"published","modified_content":null},{"chapter_id":5,"order":5,"slug":"how-to-create-an-nft","title":"How to Create Your Own NFTs?","status":"published","modified_content":null},{"chapter_id":5,"order":6,"slug":"how-to-make-passive-money-with-nft","title":"Making Passive Money with NFTs","status":"published","modified_content":null}]},{"id":6,"title":"dApps & Defi","slug":"dapps-and-defi","updated":true,"chapter":"crypto\/assets\/crypto-book\/chapters\/learn-dapps.jpg","chapter_simple":"crypto\/assets\/crypto-book\/chapters-simple\/dapps-defi-101.jpg","rating":80,"sections":[{"chapter_id":6,"order":1,"slug":"what-are-nfts","title":"What are Non-Fungible Tokens 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Techniques","status":"published","modified_content":null},{"chapter_id":6,"order":12,"slug":"what-is-an-oracle-in-crypto","title":"Crypto Oracles: The Link Between Blockchain and Outside World Data","status":"published","modified_content":null},{"chapter_id":6,"order":13,"slug":"crypto-gambling","title":"The Peculiarities of Decentralized Crypto Gambling","status":"published","modified_content":null},{"chapter_id":6,"order":14,"slug":"what-is-the-metaverse","title":"Metaverse: A New Perception of Reality","status":"published","modified_content":null}]},{"id":7,"title":"Trading & Investing","slug":"trading-and-investing","updated":null,"chapter":"crypto\/assets\/crypto-book\/chapters\/learn-crypto-trading.jpg","chapter_simple":"crypto\/assets\/crypto-book\/chapters-simple\/crypto-trading-101.jpg","rating":80,"sections":[{"chapter_id":7,"order":1,"slug":"where-to-trade-crypto","title":"Where Can You Trade 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Date","status":"published","modified_content":null},{"chapter_id":7,"order":8,"slug":"what-is-fud","title":"What is FUD: How to Use It to Your Advantage While Investing in Crypto?","status":"published","modified_content":null},{"chapter_id":7,"order":9,"slug":"investing-in-cryptocurrency","title":"Investing in Cryptocurrency: How to Manage Your Risks?","status":"published","modified_content":null},{"chapter_id":7,"order":10,"slug":"what-is-a-rug-pull-in-crypto","title":"What is a Rug Pull in Crypto?","status":"published","modified_content":null},{"chapter_id":7,"order":11,"slug":"how-to-avoid-rug-pulls-in-crypto","title":"How to Spot and Avoid Rug Pulls?","status":"published","modified_content":null},{"chapter_id":7,"order":12,"slug":"how-to-avoid-crypto-taxes","title":"The Key Legal Techniques of Avoiding Crypto Taxes","status":"published","modified_content":null}]},{"id":8,"title":"Crypto 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current-chapter="S"
current-section="what-is-spac">
