Fifth Column Capital, LLC Partners with GetClams.com Crytocurrency Project – Invests $23M

Fifth Column Capital, LLC was formed in April of this year with an initial round of funding of $23,000,000.00 for the sole purpose of partnering with GetClams.com, specifically for marketing. It will be invested in ways to radically increase market penetration and adoption of CLAMS-GCS Virtual Currency. Its marketing road map includes investing in global Merchant and ATM Networks shortly followed by a national advertising. Casper, WY, May 11, 2016 --(PR.com)-- F.D. Katso, CEO of Fifth Column Capital, LLC stated that "$23,000,000.00 is one of the largest single amounts ever invested in a…Read more …

CLAMS-GCS Redistribution Update

March 28, 2016 First we would like to thank the people that have been part of the CLAMS-GCS and the OSAC5, Inc, organizations since its beginning in April 2014 for all of their efforts.  What we have built and accomplished  over the last 2 years thus far has truly been a community effort. We have endured the pains associated with rapid growth and continued to forge ahead having built a burgeoning  GCS community. Security breach and hardfork not withstanding, we continue to grow. As you know, CLAMS-GCS was fully distributed over 2 years…Read more …

Bitcoin, The Blockchain And The Future Of ‘Decentralized’ Conglomerates

With the advent of blockchain technology and smart contracts, a new paradigm of global enterprises is quickly emerging. As organizations combine forces in innovative ways, a new form of partnership called a Decentralized Conglomerate is now touted as being the “cutting-edge method” of building communities and establishing diversity in the marketplace. It’s a brave new world – if it wasn’t already before. We’ve all heard of industrial conglomerates like Phillip Morris Group and Hanson Plc. Then there are internet and digital conglomerates like Google GOOGL -0.39% and its parent company Alphabet, which has…Read more …

What Could Shape the Bitcoin Price Chart in 2016?

The year started on a low. The free fall from the previous year (2014) had not found its bottom as we crossed over to 2015. As a matter of fact, the lowest floor since 2012 was touched on January 14, 2015, when a bitcoin exchanged for an average of $177. At about this time, the cryptocurrency was receiving negative coverage from mainstreaming media, especially in relation to the Silk Road case, which was ongoing. After that, the price rallied and contained itself between $200, as the floor, and $300, as the ceiling, for…Read more …

Bitcoin Investment Trust: Major Factor of Recent Bitcoin Price Surge?

The surge in the share price of Barry Silbert-led Grayscale Bitcoin Investment Trust (GBTC) is presumed to be one of the leading factors of the recent spike of bitcoin price. BIT—the publicly-tradable shares of bitcoins operating under the ticker GBTC—was launched back in March, and represents approximately one tenth of a bitcoin. Over the past 5 days, the shares of GBTC have increased from $45 to $55.3 per share, which means that institutional and qualified brokers have been trading the digital currency at an average price of US $553 per Bitcoin. The correlation…Read more …

Encryption Is More Important, and Easier, Than Ever

Twenty years after Netscape introduced encryption to web browsers to safeguard the private data of Internet users, roughly two-thirds of web traffic still moves on unprotected channels, according to research by Sandvine, a network equipment provider. Whether you visit Amazon’s product pages, stream a movie from Netflix or read the tax rules on the Internal Revenue Service’s website, marketers and hackers can snoop on everything you do. But now, the computer industry and the United States government have embarked on a major, multifront campaign to have basic web encryption — known as HTTPS…Read more …

13 of Worlds largest bank partner to develop Blockchain Tech

Citi, HSBC Partner With R3CEV As Blockchain Project Adds 13 Banks Distributed ledger startup R3CEV has added 13 new banking partners, bringing the total number of banks involved in its activities to 22. In a release, R3 revealed Bank of America, BNY Mellon, Citi, Commerzbank, Deutsche Bank, HSBC, Mitsubishi UFJ Financial Group, Morgan Stanley, National Australia Bank, Royal Bank of Canada, SEB, Societe Generale and Toronto-Dominion Bank had signed on to the project. R3 CEO David Rutter suggested in statements that the startups approach to collaborating with the market to lower the cost…Read more …

Microsoft, MIT, and the Bitcoin Block Chain For Social Good

Brian Forde from the MIT Media Lab believes that the block chain and related technologies may serve to remind the government that they need to become more transparent and open. Forde's Digital Currency Initiative is specifically looking into ways that the block chain can be a force for social good. According to him, the block chain can be used to distribute social welfare. Forde thinks that some of the best innovations will come from the developing world, as their banking infrastructure is not as strong, and they can come up with stronger, more…Read more …

Why Bitcoin Purchases Have Been Soaring Lately

FRANKFURT (The Street) -- At least one "currency" is benefiting from the recent turmoil in Greece and China. Bitcoin is experiencing a bit of a bull run. The digital currency/technology surged 20% in value from June 8 through the July Fourth weekend. NYSE-backed bitcoin broker Coinbase reported a 300% increase in European activity outside of Greece in less than 48 hours during the last days of June, and recorded almost 120,000 transactions in a single day in the last 30. In fact, the hybrid status of bitcoins - the IRS defines them as…Read more …

Nasdaq Selects Bitcoin Startup Chain To Run Pilot In Private Market Arm

Nasdaq OMX Group Inc. has named San Francisco-based startup Chain as its partner for a pilot, announced in May, to test Bitcoin technology for the trading of shares in private companies. Founded in 2014, Chain provides infrastructure to financial institutions wanting to use the blockchain, which is the technology underlying the digital currency Bitcoin, in their products and services. The blockchain enables entities to digitally transfer money and other assets directly, securely and near instantaneously. Nasdaq will be testing the blockchain in Nasdaq Private Market, which is a marketplace for pre-IPO trading of…Read more …