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

SEC Drops OpenSea Investigation, Easing Regulatory Pressure on the NFT Market

The investigation against OpenSea, a prominent non-fungible token (NFT) marketplace, by the US Securities and Exchange Commission (SEC) has finally come to a close An important turning point in the regulation of digital assets has been reached with this ruling OpenSea CEO Devin Finzer shared the news on X, calling it a positive step for..
1 year ago

SEC Commissioner Hester Peirce Asks for Community Feedback on Crypto Oversight

The US Securities and Exchange Commission's (SEC) longest-serving commissioner, Hester Peirce, is calling for public involvement to help create more precise rules for the cryptocurrency sector In her capacity as head of the SEC's recently established Crypto Task Force, she is seeking input on regulatory issues with the goal of improving the rules..
1 year ago

Bybit CEO Addresses $1.4B Hack, Says Exchange Can Cover All User Assets

In a recent catastrophic security breach, hackers stole $14 billion worth of Ethereum (ETH) and stETH from the cold wallet of Bybit, a significant cryptocurrency exchange The incident, which happened on Friday, has been called the biggest cryptocurrency theft ever Coinbase executive Conor Grogan commented on the significance of the incident,..
1 year ago

Mississippi Reports $42.5M Sports Betting Handle in January

The Mississippi Gaming Commission reports that $425 million in wagers were placed in Mississippi's sports betting market in January Compared to December's total, this amount reflects a $12 million decrease The state's taxable revenue increased by about $5 million in spite of the reduction, which was a substantial recovery from the $1 million loss..
1 year ago

Donald Trump Claims Bitcoin’s Record Surge Tied to His Pro-Crypto Policies

Since November, when Donald Trump was elected president, Bitcoin has consistently broken its record highs The President promises to make the United States a global leader in the cryptocurrency space and credits this spike to his administration's strong support for the technology Trump attributed Bitcoin's rise above $109,000 to his initiatives..
1 year ago

Two Estonians Admit to $577 Million Crypto Fraud Scheme

Ivan Turõgin and Sergei Potapenko, both Estonians, entered guilty pleas to operating a massive Bitcoin Ponzi scam, according to confirmation from the US Department of Justice (DOJ) Hundreds of thousands of investors worldwide, including many in the US, were duped by their scheme, which was based on the cloud mining service HashFlare Fake..
1 year ago

Maine Sports Betting Sees Growth Despite Limited Competition

Despite its modest size, sports betting in Maine continues to bring in a sizable amount of tax money The tax increased from $417,000 in December to $698,000 last month due to $507 million in wagers reported by the Maine Gambling Control Unit (MGCU) for January Despite mounting criticism, this bump gives lawmakers a reason to continue supporting..
1 year ago

Bundesbank President Joachim Nagel Pushes for a Digital Euro

A central bank digital currency (CBDC) has been strongly supported by Joachim Nagel, head of the Deutsche Bundesbank Nagel underlined the necessity of a digital euro to safeguard Europe's financial stability and sovereignty during a conversation with economists at the Official Monetary and Financial Institutions Forum (OMFIF) According to..
1 year ago

Binance CEO Richard Teng Predicts a “Golden Era” for Crypto Under Trump

Binance CEO Richard Teng believes Donald Trump’s presidency will usher in a boom for digital assets worldwide In a recent Bloomberg Television interview, Teng highlighted how Trump’s pro-crypto stance is creating optimism in the industry Teng sees Trump’s leadership as a turning point, especially for institutional adoption and regulatory..
1 year ago

Russia Faces $14 Million in Losses from Illegal Crypto Mining

In 2024, Russian electrical supplier Rosseti suffered damages of $14 million (13 billion rubles) as a result of illegal cryptocurrency mining Unauthorized operations have overloaded power systems and hampered the delivery of electricity in the Volga Region, Novosibirsk, and the North Caucasus, which are the most impacted regions 130 incidents..
1 year ago

Missouri Prepares for Online Sports Betting Launch by June 30

According to state officials, Missouri's first authorized internet sportsbooks may start taking bets by June 30 Chairman Jan Zimmerman of the Missouri Gaming Commission (MGC) affirmed that the regulatory framework is still being developed Officials presented a complicated set of regulations required to introduce mobile sports betting during..
1 year ago

Israeli Soccer Hit by Match-Fixing Scandal; Dozens Suspended

Israeli soccer has been rocked by a match-fixing scandal that has resulted in the suspension of numerous referees from two leagues More than half of the Liga Alef North teams and a number of Liga Bet North teams are being investigated for suspected involvement in illicit gambling, according to Israel Football Association (IFA) Chairman Shino..
1 year ago

BNY Mellon Holds Over $13M in Bitcoin ETFs, Joins Institutional Crypto Wave

One of the biggest banks in the United States, BNY Mellon, currently owns about $13 million worth of Bitcoin exchange-traded fund (ETF) shares According to a recent disclosure made to the US Securities and Exchange Commission (SEC), the bank has 11187 million worth of WisdomTree Bitcoin Fund (BTCW) shares, totaling 115,108 shares It also owns..
1 year ago

Google Explores Bitcoin Integration to Simplify Crypto Use

On February 18, 2025, Google Web3 expert Kyle Song disclosed the company's initiatives to improve Bitcoin accessibility at the Hong Kong Bitcoin Tech Carnival For over a year after the SEC approved Bitcoin ETFs in Hong Kong, Google has been developing a way to incorporate Bitcoin into its ecosystem Song stated that Google is “exploring ways to..
1 year ago

Argentina’s President Faces Impeachment Threat Over Alleged Memecoin Scandal

Javier Milei, the president of Argentina, is being investigated for allegedly participating in a memecoin pump-and-dump scheme After he promoted LIBRA, a cryptocurrency that had a sharp increase and then drop in a matter of hours, calls for his impeachment have surfaced In a since-deleted article unveiling LIBRA last week, Milei stated that the..
1 year ago

Estonian Nationals Plead Guilty to $577M Crypto Ponzi Scheme

Two Estonians, Sergei Potapenko and Ivan Turõgin, have pleaded guilty to the US Department of Justice (DOJ) for masterminding a large Ponzi scam involving $577 million in bitcoin Through HashFlare, a fraudulent investment company that made false promises of large returns from cryptocurrency mining, the two acknowledged scamming hundreds of..
1 year ago

Metaplanet Expands Bitcoin Holdings with $25.6M Purchase, Aiming for 10,000 BTC

The Japanese investment company Metaplanet has bolstered its Bitcoin strategy by purchasing 26943 BTC at an average price of $95,000 per coin, which came to $256 million This most recent acquisition, which was announced on February 17, brings the company's total Bitcoin holdings to 2,03141 BTC With an average acquisition cost of $78,000 per..
1 year ago

India’s Enforcement Directorate Seizes $190M in Crypto Tied to Bitconnect Fraud

Digital assets connected to the Bitconnect cryptocurrency scam of Rs 1,646 crore, or roughly $190 million, have been seized by India's Directorate of Enforcement (ED) in Ahmedabad The seizure occurred during raids under the Prevention of Money Laundering Act (PMLA), 2002, which were carried out on February 11 and February 15 Authorities found..
1 year ago

Tether’s CEO Paolo Ardoino Collaborates with US Officials to Influence Stablecoin Regulations

According to reports, Tether, the company behind the popular USDT stablecoin, is actively negotiating new rules for dollar-pegged cryptocurrency assets with US authorities With Tether promising to abide by any future legislation, this attempt comes as lawmakers start to create regulations around the expanding stablecoin sector Paolo Ardoino, the..
1 year ago

Online Sports Betting Leads Kansas Market as Retail Struggles

Kansas sports betting saw a strong start to 2025, with the state reporting a total handle of $3018 million in January The numbers show a continued shift toward online wagering, which made up $2932 million of the total Retail sportsbooks contributed just $86 million, reflecting a broader decline in in-person betting across the industry DraftKings,..
1 year ago
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