CRYPTOCURRENCY PRICES UPDATES: The market capitalization of major cryptocurrencies fell early on October 8 by 1.19 percent to  USD947.14 billion from the previous day. Over the past 24 hours, the total volume traded on the cryptocurrency market has decreased by 8.47 percent to  USD 52.30 billion.

The total volume in DeFi is currently  USD 3.12 billion, or 5.96 percent of the 24-hour volume of the entire crypto market, is the total volume of DeFi at the moment. All stable coin volume is currently  USD 47.54 billion, or 90.91 percent of the 24-hour volume of the whole crypto market.

According to Coinmarketcap, the price of bitcoin was about Rs 16 lakh, and its market share is currently 39.62 percent, down 0.40 percent from the previous day.

In other news, the world regarded a decentralised financial system with awe and scepticism in 2009 when Bitcoin developed a peer-to-peer (P2P) lending system backed by its native Bitcoin (BTC) currency.

A court decision that let an executive connected to Do Kwon's defunct Terraform Labs ecosystem avoid jail time and suggested there may be some merit to some of the claims against the individual gave Do Kwon a lift.

The Seoul court declared there was no need to hold the suspect and added that there is room for legal argument on whether the person violated the country's capital-markets law, charges that Kwon and four other people also face.

VirtuaCoin, as the Best Gaming Crypto Coins takes over the decentralized world in unimaginable ways.

Crypto losses reach USD 428-million Q3 globally

Cryptocurrency poses financial stability risks, says US Regulators