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Singapore Leads Crypto Layoffs

SG is the king of crypto layoffs, Arbitrum enters the Top 40, Fujitsu files a trademark, and an Amazon boo boo excites web3 bulls.

Ah Monday... Everyone’s favourite day of the week. Whilst you were all living it large this weekend, Blockhead was busy keeping up with the ever tireless world of crypto. Here’s what you missed, and what to look forward to in the week ahead, condensed as Blockhead Brief. As ever, if you’re here from a friend, subscribe now.

Bitcoin and other cryptocurrencies slipped very slightly over the weekend, with the world's largest cryptocurrency dipping below the US$28,000 mark, hitting $27,215. That said, BTC is currently at $27,830 and is up 1.85% over the past five days.

Ethereum (ETH) is trading at $1,755.92 (-1.12%). Major altcoins such as BNB, Polkadot (DOT), and Avalanche (AVAX) are also slightly down, but none more than 2%.

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