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Election Bets Drive Fee Spike at Predictions Platform Polymarket

Decentralized predictions platform Polymarket has passed DeFi protocol SushiSwap to become the fourth-highest blockchain project in terms of fees generated.According to Cryptofees, the platform is averaging over $100,000 in daily takings and currently trails behind first-place Bitcoin, Ethereum (second) and DeFi protocol Uniswap (third).The rise is partly due to

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Ethereum Gas Fees Drive Gnosis-Powered Prediction Market to xDai’s Layer 2

This isn’t the CryptoKitties craze of 2017. “The situation is different now,” Stefan George of Gnosis told CryptoX. Lots of dapps are clawing for Ethereum’s compute power. If activity calms on one decentralized finance (DeFi) platform, it’s likely to perk up on another. “Ethereum is on the way to becoming a whale

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