Yelp, the popular local-search service provider that allows users to search for a wide array of businesses, including restaurants, shopping, entertainment, and more, has introduced a new filter that sorts businesses that accept cryptocurrency as a form of payment. Yelp is one of the most popular websites/applications for gathering information about businesses, such as customer reviews, business hours, locations, etc.
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As of Q4 2018, Yelp experienced over 30 million unique visitors on their mobile application, 69 million unique users to their mobile website, and 62 million unique desktop website visitors.
Yelp has a massive active user base who will now have the option to filteredtheir search results to show businesses that accept cryptocurrency as a form of payment.
Cryptocurrency Awareness on the Rise
The cryptocurrency bull market of 2017 saw Bitcoin reach all-time highs of $20,000, and the entire crypto market cap was valued at over $800 billion. The astronomical rise in prices across the industry caught the notice of the mainstream, and since then there has been a lingering awareness of cryptocurrencies in popular culture.
Over the course of 2018’s bear market, mainstream interest in crypto faded away, but the builders and crypto entrepreneurs did not. The industry kept moving forward, and now mainstream interest in cryptocurrency has rekindled, and is beginning to ignite curiosity in people’s minds.
Vitalik Buterin Proposes Updated Staking Reward for Ethereum
Vitalik Buterin has put forth a proposal to increase the staking reward for Ethereum in the upcoming implementation of Proof of Stake (PoS).
In a post to GitHub published on April 20, the Ethereum co-founder shared his opinion on the amount of ETH that should be paid out in staking once the currency switches to PoS. According to Buterin, that amount should be higher than what has previously be proposed.