Home to the Los Angeles Lakers and the Los Angeles Clippers, as well as where the Grammy Awards ceremony takes place - the 'Staples Arena' becomes 'Crypto.com Arena' at the beginning of 2022!

Kris Marszalek, CEO of Crypto.com says "For years to come, people will remember this moment as the time when cryptocurrencies crossed the chasm into the mainstream."

Crypto.com acquired the rights to the Arena in a deal that reportedly cost $700 million...

The deal covers the entire 2022 season,  and includes an option to renew after that. 

The stadium is owned by AEG, whos CEO Dan Beckerman issued a statement saying "Crypto.com is looking for the most unique brand platform to make a statement and drive adoption and we are looking for an innovative and forward-thinking company to help us chart a course for the full future of sporting and entertainment events."

This won't be the only high profile placement of crypto in mainstream sports we'll be seeing next year - FTX (another crypto exchange) is set to be one of the main sponsors of the 2022 Superbowl.

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Author: Justin Derbek
New York News Desk
Breaking Crypto News

Just announced by Crypto.com is the addition of the BNB token to their interest earning platform, making them the first to offer interest payments for Binance's native token.

Existing users will find instructions when they log into the app as previously you may have been using the ERC20 version of BNB, but along with today's news comes full support of BNB on the Binance blockchain (BEP2). 

If you have the ERC20 version stored in your Crypto wallet they will soon be automatically converted (1:1) to the 'real' BNB as well.

New Users Get Some Extra Incentives...

If you're just joining Crypto now to earn interest on your BNB, as an added bonus if they sign up through an VIP invite link (yes that is one) you'll get an additional $20 worth of Crypto's native token as well.

Only requirements here is to leave $100 worth of BNB there to earn interest for at least 3 months.

Transfer with care...

To begin you'll need to store your BNB with them - so a friendly reminder to make sure you specify the destination tag/memo shown to you within the Crypto App > BNB > Deposit page when making BNB (BEP2) deposits.

To Start Out, Create Your Free Account Here.

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Author: Adam Lee 
Asia News Desk