Daniel Li

Daniel Li

iGaming.org Writer Crypto/Sports
A day trader in cryptocurrencies and avid sports bettor himself, Daniel decided to join the team and share his expertise with the iGaming.org audience. Areas of interest are global crypto regulations and the adoption of cryptocurrency use in the world. Daniel loves to work hard and write “how to guides” related to sports betting to share his take on various topics.

EXPERTISE

  • Crypto
  • Trading
  • Sports Betting

Daniel's latest articles

BIS Warns that Cryptoassets Amplify Financial Risks in Developing Economies,

A recent analysis from the Bank for International Settlements (BIS) contends that despite the hype around them, cryptoassets are not living up to their promise and may even be increasing financial risks in poor countries The BIS paper analyzes the effects of combining cryptocurrency and conventional financial markets, concentrating on possible..
3 years ago

Nodal Power Converts Methane from Landfills into Electricity and Bitcoin

Nodal Power's innovative notion of converting landfill methane gas into energy has been successful in garnering $13 million in funding The generated electricity is then sent to local networks as green energy Some of this energy, meanwhile, can also be used by Nodal Power to run environmentally friendly Bitcoin mining operations Turning Waste into..
3 years ago

Chinese Official Sentenced to Life in Prison for Bitcoin Mining Scheme and Corruption Charges

For engaging in illegal commercial activities connected to a big Bitcoin mining operation worth 24 billion Chinese yuan ($329 million), a Chinese government official was given a life sentence Additional corruption-related accusations were brought together with this historic judgement that had nothing to do with cryptocurrencies In a recent..
3 years ago

FTX Founder Sam Bankman-Fried Pleads Not Guilty to Charges in Court Appearance

Sam Bankman-Fried, the creator of the cryptocurrency exchange FTX, pleaded not guilty once more when he appeared in court recently on allegations of fraud and money laundering These accusations are related to his crypto enterprise, FTX, which failed last year New Indictment and Allegations The Southern District of New York courtroom hosted this..
3 years ago

Binance.US Joins Forces with MoonPay to Address Transaction Challenges

BinanceUS is taking a new direction by forming a strategic collaboration to handle ongoing transaction issues in response to the rising legal and regulatory challenges it confronts The cryptocurrency exchange has partnered with payment service MoonPay in an effort to bring back frictionless dollar transfers for its consumers Resolving Dollar..
3 years ago

Fox Bet Faces Penalties Over College Sports Betting Violations

Fox Bet, a joint venture between Flutter Entertainment and Fox Corporation for sports betting, has been sued by the Division of Gaming Enforcement (DGE) The DGE has filed many complaints against Fox Bet, alleging that the website is in violation of the state of New Jersey's ban on gambling on college teams that play there These violations began..
3 years ago

CoinDCX Takes Tough Measures Between Challenging Crypto Climate

A major participant in the Indian cryptocurrency exchange sector, CoinDCX, is cutting staff in reaction to the protracted bear market conditions and the effect of India's strict tax laws on cryptocurrency trading income This choice will have an impact on about 12% of its workforce Trimming the Team down CoinDCX is systematically streamlining its..
3 years ago

Bybit Partners with American University of Sharjah for Fintech Scholarships

In the field of cryptocurrencies, an important partnership between Bybit and the American University of Sharjah (AUS) has been established The third most popular cryptocurrency exchange globally right now is Bybit The collaboration wants to give out scholarships of about $272,000 (AED 1 million) to deserving students Fostering Academic and..
3 years ago

Meta Faces Expulsion Threat in Thailand Over Crypto Scams

In order to stop the growth of fraudulent cryptocurrency investment schemes on the platform, Thailand's Ministry of Digital Economy and Society (DES) has issued a severe ultimatum to Meta's Facebook Expulsion from the nation could occur if this is not done Cracking Down on Crypto Scams According to a formal statement published on the Ministry's..
3 years ago

Komainu Secures Regulatory Green Light for Crypto Custody Services in Dubai

Komainu, a project sponsored by financial juggernauts Nomura, Ledger, and CoinShares, has secured the coveted operational license from the Virtual Asset Regulatory Authority (VARA) in Dubai, which is a huge achievement for the cryptocurrency sector Through its cutting-edge Komainu Connect network, Komainu is now able to provide customers in the..
3 years ago

Federal Reserve CBDC Poses Privacy and Freedom Risks

The idea of a Central Bank Digital Currency (CBDC) in the US has ignited a contentious discussion, with issues like regulatory power and privacy taking center stage Some of these concerns are clarified in a recent study by the American Principles Foundation Initiative (AFPI), which emphasizes the necessity of prudence and legislative..
3 years ago

Singapore Regulatory Authority Engages Ripple and Circle for Stablecoin Guidance

The Monetary Authority of Singapore (MAS) has taken a significant step toward regulating stablecoins by releasing a consultation paper seeking industry feedback on its proposed approach to overseeing these digital assets within the city-state In response to the consultation, major cryptocurrency firms Circle and Ripple provided their..
3 years ago

FIBA Partners with Venly to Launch NFT Collection Celebrating Basketball World Cup 2023

The International Basketball Federation (FIBA) has partnered with web3 SaaS platform Venly to produce a distinctive collection of digital collectibles, which is fantastic news for basketball fans and collectors worldwide These digital mementos are intended to draw attention to Japan, the Philippines, and Indonesia, the three countries that will..
3 years ago

Coinbase Secures Minority Stake in Circle, Ushers in a New Era for USDC

Exchanging cryptocurrencies In a calculated move, Coinbase bought a small share in Circle Internet Financial The stablecoin industry has seen a substantial shift as a result of this development, especially for USD Coin (USDC), the second-largest stablecoin globally With this investment comes the dissolution of the Centre Consortium partnership,..
3 years ago

3 Tennis Players Face Suspensions Over Match-Fixing Allegations

Three players, Timur Khabibulin, Sanjar Fayziev, and Igor Smilansky, are facing interim suspensions as a result of several violations of the Tennis Anti-Corruption Programme (TACP), which is a significant development in the world of tennis In an effort to uphold the sport's integrity, the International Tennis Integrity Agency (ITIA) confirmed..
3 years ago

Athlete Gambling Behavior Under Investigation

Sports and gambling have long had a complicated relationship, and recent events have highlighted the nuanced connections between rivalry, a propensity for wagering, and the appeal of sports gambling A recent controversy involving Iowa football players serves as a clear reminder of the necessity for significant education and preventative..
3 years ago

China Trying to Extend the Social Credit System to the Metaverse

It appears that China is thinking of introducing a system in the metaverse and other online virtual worlds that is comparable to its famed social credit system This action highlights the growing influence of digital domains The massive initiative is generating a lot of talk in the tech sector China Mobile's Proposal for a Digital ID On August..
3 years ago

JPMorgan Says Crypto Miners Explore Diversification Beyond Mining

JPMorgan has highlighted an intriguing development in the field of bitcoin mining in a research paper By entering new markets and providing High-Performance Computing (HPC) services to the quickly growing Artificial Intelligence (AI) sector, Bitcoin (BTC) miners are expanding their reach This tactical decision represents a substantial shift in the..
3 years ago

Wall Street Memes Coin Presale Unfazed by Crypto Crash

Wall Street Memes, the community-driven cryptocurrency, is nearing the final stage of its presale, having raised $25 million and just $900k shy of its target With the presale price at $0033 and rising to $00337 in the last stage, the token has generated significant interest, especially considering it raised $350,000 in the past 12 hours The..
3 years ago

Philippine Police Warn of Crypto Theft Risks in Play-to-Earn Games

The Philippines National Police Anti-Cybercrime Group (PNP ACG) has issued a warning to residents regarding play-to-earn (P2E) games that promise rewards The cybercrime unit has advised players to be cautious of these games as they can be used to steal crypto assets worth millions of dollars Players can minimize the risk of falling victim to such..
3 years ago
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