L.A.-based arena The Staples Center, home of the Lakers as well as other professional sports teams, is rebranding as Crypto.com Arena, taking on the name of a cryptocurrency platform based in
Singapore. The new moniker reflects the fact that "cryptocurrencies dominate the business zeitgeist," according to The New York Times.
The previous American Airlines Arena, where the Miami
Heat play, was likewise renamed the FTX Arena after a cryptocurrency exchange based in Hong Kong.
Read the whole story at The New York Times »