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DeFi Rate title: DeFi Rate: Guide to Crypto & Decentralized Finance (DeFi)

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Cycles, a startup building a privacy-preserving clearing network for crypto markets, raised $6.4 million from Blockchange Ventures and Coinbase Ventures to bring traditional clearing infrastructure on-chain, a bet that stablecoins alone can’t solve crypto’s liquidity problem.

In traditional financial markets, clearinghouses net obligations offsettin...


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An open Iowa Senate seat is starting to look like the next Democratic pickup story, even if prediction markets are not fully there yet. 

Democratic State Auditor Rob Sand is polling strongly for the governor’s office, and attention has brightened on Democratic Senate candidate Josh Turek following Tuesday’s pri...


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Justin Murphy pulled off a late upset in the New Jersey Republican Senate primary, something prediction markets did not see coming.

Heading into Tuesday’s primary, Murphy was a distant third trading around 2% on both Polymarket and Kalshi to win the GOP nomination to face off against incumbent Democratic Sen. Cory Booker


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President Donald Trump and the prediction markets both missed in the Iowa Republican governor primary.

Last Friday, Trump endorsed Randy Feenstra, who had long been polling as the favorite to win the Republican primary in the Iowa governor’s race. Heading into this week, prediction markets gave Feenstra an 80% chance to win while e...


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Los Angeles Mayor Karen Bass is headed for a November runoff, and prediction markets think Spencer Pratt is the most likely person to meet her there.

The unusual part is that while the reality star Pratt seemed to appear out of nowhere as a real candidate, he


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