Special Assessment Bond Definition

What is a Special Valuation Bond? Special assessment bonds are general obligation bonds, usually issued to fund development projects, where the interest due is paid by taxes levied only on the beneficiaries of that project. Key points to remember Special assessment bonds are general obligation bonds, usually issued to fund development projects, where the interest due is paid by taxes …

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Direct Public Offering (DPO) Definition

What is a direct public offering (DPO)? A direct public offering (DPO) is a type of offering in which a company offers its securities directly to the public to raise capital. An issuing company using a DPO eliminates the middlemen – investment banks, brokers and underwriters – that are typical of initial public offerings (IPOs) and self-guarantees its securities. Eliminating …

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Iran Import Association demands regulatory clarity to use crypto in foreign trade

In the aftermath of the first officially reported crypto payment in the sanctioned country’s foreign trade, Iran’s importers point to the necessity of stable regulations to continue trade via cryptocurrencies. On Saturday local reports cited the head of Iran’s Importers Group and Representatives of Foreign Companies (Import Association), Alireza Managhebi, who emphasized that stable regulations and infrastructure should be prepared …

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Price Per Flowing Barrel Definition

What is the price per sinking barrel? In finance, “price per sinking barrel” is a measure used to estimate the value of a company that produces oil and gas. This calculation is done by dividing the enterprise value (EV) of the company by the number of barrels it produces in a typical day. Enterprise value measures the total value of …

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Asymmetric Digital Subscriber Line (ADSL)

What is an asymmetric digital subscriber line (ADSL)? Asymmetric Digital Subscriber Line (ADSL) is a technology that brings high transmission speeds for video and voice to homes over ordinary copper telephone wire. It will be more cost-effective in areas where cable TV penetration in the market is low. Understanding an Asymmetric Digital Subscriber Line (ADSL) Asymmetric digital subscriber line (ADSL), …

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AMM protocol SudoRare disappears from the internet with 519 ETH

SudoRare, an automated-market maker (AMM) protocol for ERC-721 to ERC-20 swaps, suddenly shut down its services and social media accounts after reportedly making away with 519 Ether (ETH), worth roughly $815,000. A crypto community member, sungjae_han, was first to point out a suspicious transaction that drained substantial funds off SudoRare using LooksRare (LOOKS) and USD Coin (USDC) tokens. #PeckShieldAlert #rugpull …

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