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+---
+git-date:
+layout: [blog, blog-amp]
+title:  "The Defiprime Post #53: Your Weekly DeFi News in Bite-Sized Fashion"
+permalink: post53
+h1title: "The Defiprime Post #53: Your Weekly DeFi News in Bite-Sized Fashion"
+pagetitle: "The Defiprime Post #53: Your Weekly DeFi News in Bite-Sized Fashion"
+metadescription: "A quick weekly primer covering the biggest developments around Ethereum and DeFi. This week’s issue covers events between July 25th and August 1st, 2021"
+category: blog
+featured-image: /images/blog/post.png
+intro: "This week’s issue covers events between July 25th and August 1st, 2021"
+author: Defiprime
+tags: ['The Defiprime Post']
+---
+
+Welcome to the 53rd issue of _The Defiprime Post_, a quick weekly primer covering the biggest developments around Ethereum and DeFi. This week’s issue covers events between July 25th and August 1st, 2021.
+
+_Want more in-depth knowledge? We have communications over at our Telegram channel [@defiprime](https://t.me/defiprime). Check out defiprime’s latest news, interviews, guides and more with daily updates._
+
+
+## 🔥 The DeFi Bulletin
+
+* Recently the Siam Commercial [Bank president has stated that, DeFi, by definition, cannot be fully regulated.](https://cointelegraph.com/news/defi-cannot-be-fully-regulated-siam-commercial-bank-president-says)
+* [Uniswap is rumored to be talking with PayPal, Robinhood and other companies](https://www.coindesk.com/uniswap-says-its-talking-with-paypal-and-more-in-a-deleted-video-from-ethcc) in a deleted video in the panel at the EthCC conference.
+* [Legislation to provide a “comprehensive framework” to regulate the digital asset market](https://www.coindesk.com/congressman-introduces-new-legislation-to-regulate-digital-assets), including crypto and stablecoins, has been introduced into the US Congress.
+* The [Bank of America, FTX, Coinbase Ventures and more have joined a $300M funding round in Paxos.](https://decrypt.co/77080/bank-of-america-ftx-and-coinbase-ventures-join-300m-investment-in-paxos)
+* [Ascensive Asset’s investors have raised a $130M fund for DeFi bets](https://www.coindesk.com/ex-poker-pros-raise-130m-fund-for-defi-bets), with the investors also being high-net-worth individuals in Asia connected to the gambling industry.
+* [Synthetix has gone live on Optimistic Ethereum](https://cryptobriefing.com/synthetix-goes-live-on-layer-2-to-bypass-ethereum-fees/), a L2 network for the ETH blockchain itself. 
+* [Tenderly has raised $15.3M](https://techcrunch.com/2021/07/29/tenderly-raises-15-3m-to-help-ethereum-developers-ship-decentralized-apps-faster/) to try to help ETH developers ship decentralized apps quicker.
+* [Yield Guild Games has raised $12.5M](https://yieldguild.medium.com/yield-guild-games-token-sale-a-smash-raises-12-5m-in-31-seconds-d9096cdc88c2) in a token sale which completed in just 31 seconds.
+* [Biconomy has raised $9M in private funding](https://blockworks.co/biconomy-raises-9m-in-private-funding-aims-to-simplify-crypto-transactions/) so that they can further their aim to simplify crypto transactions.
+* [Hedgehog Markets have recently raised $3.5M in a funding round](https://www.coindesk.com/hedgehog-is-bringing-prediction-markets-to-solana), with main investors including the Solana Foundation and Alameda Research.
+* [$3.3M has also been recently raised for an ETH options protocol](https://www.theblockcrypto.com/linked/112505/3-3-million-raised-for-ethereum-options-protocol-built-on-optimism-and-synthetix?utm_source=cryptopanic&utm_medium=rss) built on Optimism and Synthetix.
+* ETH based project, [EthSign, has recently raised $650K in seed funding](https://www.theblockcrypto.com/post/112449/ethereum-based-project-ethsign-raises-seed-funding-to-put-signed-documents-on-the-blockchain) to put signed documents on the ETH blockchain.
+
+## 💱 DEX Report
+
+* The Stablecoin exchange/DEX based on Solana, [Saber, has recently raised $7.7M in seed funding.](https://www.theblockcrypto.com/post/112608/solana-stablecoin-exchange-saber-funding-chamath)
+
+
+## 💎 NFT News
+
+* [Coca-Cola has created its first collection of brand-inspired NFTs](https://www.theblockcrypto.com/post/112779/coca-cola-creates-its-first-collection-of-brand-inspired-nfts), partnering with the digital artist Tafi to release the collection.
+* [NFTs are now available for purchase on Zerion](https://blog.zerion.io/nfts-are-live-on-zerion-with-a-surprise-d7b09330c3ae), with Zerion also launching their own limited-edition NFTs.
+* [AlchemyNFT has recently raised $6M to build its remix NFT platform](https://medium.com/alphawallet/alchemynft-raises-6-million-for-remix-platform-to-autograph-nfts-78c7a47228d1), with investors including Crypto.com, Mark Cuban, OKEx Blockdream Ventures, and more.
+* The NFT-based game [Splinterlands has recently raised $3.6M through a private-token sale of the SPS token](https://cointelegraph.com/news/nft-based-game-splinterlands-raises-3-6m-via-private-token-sale), forming the basis of the game’s governance proposals.
+
+Thanks for reading, and be sure to catch the 54th issue of _The Defiprime Post_ out this time next week! 👋♦️👋