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Cryptoknowmics Headlines 9th March

1. Data Gumbo Joins Blockchain in Transport Alliance (BiTA)

BiTA, an organization renowned for offering the quintessential when it comes to the practices and standards of blockchain, has added another member to its transportation industry, Data Gumbo. It adds to an already elite list of companies like Descartes, Daimler, FedEx, SAP and Uber Freight, amongst many more.

2. HashCash Plans To Pour USD 10Million In Indian Crypto Economy

HashCash Consultants of the United States are planning to invest in India’s Blockchain industry and cryptocurrency markets in 2020. The upcoming investments are in the wake of the latest decision of the Supreme Court which declares the banking ban of RBI unconstitutional.

3. Healthcare Sector to Experience Major Blockchain Adoption

Healthcare sector to undergo a significant overhaul in the next decade, as a research report suggests that it is set to grow by 70%. Global Blockchain adoption is on the rise and ReportLinker; the award-winning market firm reveals that the healthcare sector would be one of the top gainers.

4. Binance CEO Maintains Distance From Justin Sun Amidst Steemit Issue

Binance CEO Changpend ’CZ’ Zhao is trying to play it safe when asked about Tron’s founder Justin Sun. Sun has been making headlines for the wrong reasons as he is accused of a hostile takeover of the Steem blockchain. He has come out publicly, and described the reports as rubbish and misleading.

5. First Online Public Bitcoin Auction In Ireland On March 24

Wilsons Auctions which is the largest auction company in Ireland and the UK announced about the first-ever online public auction of Bitcoin in the country and other digital currencies starting from 24th March 2020 up to 25th March 2020 (24 hours).

6. United States Federal Reserve Pumps $9.8 Million Into Economy

The United States Federal Reserve has injected $9.8 million into the crumbling economy, but banks say it won’t suffice and they need more. Repurchase options, commonly known as “repos” on March 5 alone, were a total of $89 Billion, according to the New York Fed’s website.

7. Cryptokitties Invites Developers into its New Flow Playground

Barely 3 years after Draper Labs launched Cryptokitties, a new blockchain called Flow has been launched. According to Draper Labs CTO, Dieter Shirley, Flow is a friendly web interface blockchain that can meet both the developers and consumer expectations by supporting decentralization of apps.

8. Incoming Bill Could Be a Sucker Punch For Indian Cryptocurrency

The investors are rubbing their palms at the prospect that the Indian currency would make its way to crypto exchanges once again. However, their joy could be short-lived given the fact that there's a pending bill which could drag cryptocurrencies in the mud again.

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