FTX, Crypto.com and the ‘Stadium Curse’

FTX, Crypto.com and the ‘Stadium Curse’
News broke Wednesday that Los Angeles’ Staples Center, longtime home to the National Basketball Association dominator L.A. Lakers team, will be renamed “Crypto.com Arena” in a 20-year, $700 million naming rights deal that appears to be the largest in sports history. While plenty of sports fans seem to be mourning the end of an era, others see the name change as a legitimation of the crypto sector as a whole.This article is excerpted from The Node, CoinDesk’s daily roundup of the most pivotal stories in blockchain and crypto news. You can subscribe to get the full newsletter here.I would love…