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

Tether Invests in Juventus as Part of Sports and Technology Expansion

Tether has acquired a minority stake in Juventus, one of Italy’s most successful football clubs The stablecoin company announced that the investment aligns with its goal of integrating digital assets, artificial intelligence, and biotech into the sports industry Paolo Ardoino, CEO of Tether, emphasized the company’s vision for the partnership..
1 year ago

Plasma Raises $24M to Improve Stablecoin Infrastructure

A blockchain startup called Plasma has raised $24 million to optimize stablecoin transactions Two significant participants in the cryptocurrency market, Bitfinex and Tether (USDT), lead the financing round The startup, which seeks to remove major obstacles in stablecoin adoption, is supported by seasoned investor Peter Thiel High costs,..
1 year ago

Robinhood’s Crypto Revenue Surges Over 700% in Q4, Boosting Overall Growth

In the last quarter of 2023, Robinhood's cryptocurrency segment saw a notable surge in sales, with digital asset transactions accounting for eight times the company's total income According to the company's most recent earnings report, transaction-based revenue increased by an astounding 200% year over year, primarily due to cryptocurrency..
1 year ago

Tennessee’s Sports Betting Handle Reaches $543.6M in January, Falls Short of December

The Prize and Betting Secretariat of Brazil (SPA-MF) and the Financial behavior Control Council (COAF) have provided clarification on how betting companies are to report suspicious behavior A virtual gathering involved over 190 participants from the legal and compliance departments of fixed-odds betting businesses How operators should reveal..
1 year ago

Michigan Escalates Crackdown on Illegal Online Casinos

In the battle against unlawful internet gambling, Michigan continues to lead the way Nine offshore gambling operators have received cease-and-desist letters from the Michigan Gaming Control Board (MGCB), demonstrating the board's resolve My Dreams Casino, NonStop Casino, Palace of Chance, Xbet Casino, WagerWeb, CoolCat Casino, Diamond..
1 year ago

Thai Police Arrest Russian Hackers Behind Swiss Ransomware Attacks

Four Russian citizens have been arrested by Phuket authorities on suspicion of stealing millions of cryptocurrency through ransomware assaults on many Swiss businesses The arrests come after a thorough investigation into cybercrimes that impact large companies The Nation Thailand claims that between April 2023 and October 2024, the defendants..
1 year ago

North Carolina Reports $623.3M Sports Betting Handle for January 2025

According to the North Carolina State Lottery Commission, $6233 million was wagered on sports in January 2025 The month's gross wagering revenue of $745 million represented a noteworthy 1087% rise over December 2024 The handle for January is the second-highest in North Carolina over the last seven months, behind November 2024, when it was close..
1 year ago

Iowa’s Sports Betting Handle Reaches $289.7M in January

Iowa’s sports betting market saw significant activity in January, with the Iowa Racing and Gaming Commission reporting a total handle of nearly $2897 million This marks a $20 million increase compared to the same period last year, highlighting the steady growth of the industry in the state Online Betting Leads the Market Of the total handle,..
1 year ago

Tether Backs Zengo Wallet to Expand Secure Self-Custody Solutions

Tether, the company behind USDT, the largest stablecoin by market cap, is making a strategic investment in Zengo This move aligns with its mission to enhance security and accessibility in the digital asset space Tether Invests in Zengo for Secure Crypto Storage Tether’s latest investment supports Zengo, a self-custodial crypto wallet designed..
1 year ago

Uniswap Labs Rolls Out Unichain Mainnet, Enhancing Ethereum Layer-2 Scalability

As a layer-2 blockchain tailored for decentralized finance (DeFi) on Ethereum, Unichain has formally debuted On the network, developers can now create apps, include stablecoins, and investigate fresh DeFi potential New Features and Capabilities Starting today, Unichain enables users to fund wallets, launch tokens, swap assets, provide..
1 year ago

New York State Sees Year-Over-Year Growth in Commercial Gambling Revenue for January

Total gross gaming revenue (GGR) increased significantly, according to the January 2025 commercial gambling statistics published by the New York State Gaming Commission Ultimately, New York's GGR for the month was $54 million, up about $5 million from January 2024 Slots Lead the Charge, Table Games See Modest Growth Slots were the main revenue..
1 year ago

GeoComply Reports 14% Growth in Active Legal Sports Betting Accounts for Super Bowl Weekend

GeoComply's annual data report reveals significant growth in legal online sports betting activity, marking a 14% year-over-year increase in active accounts This boost comes despite no new market launches for this year’s Super Bowl A Rise in Legal Betting Accounts From 12 am on Saturday, February 8th, to the conclusion of the Super Bowl on..
1 year ago

University of Austin Launches $5M Bitcoin Fund to Explore Long-Term Potential

To look into the long-term potential of digital assets, the University of Austin is setting up a Bitcoin investment fund Its endowment strategy includes this endeavor The 142-year-old University of Austin is reportedly soliciting $5 million for a Bitcoin fund, according to a Financial Times report This portion of its $200 million endowment makes..
1 year ago

Coinbase Faces Class Action Lawsuit in New York Over Alleged Securities Violations

In a significant development for the cryptocurrency industry, a US federal judge has ruled that Coinbase must face a class action lawsuit in New York This ruling could have widespread implications for digital asset exchanges A judge for the Southern District of New York, Paul Engelmayer, dismissed Coinbase’s argument that it was not a..
1 year ago

Virginia Sports Betting Hits $734M, Revenue Drops in December

Despite not nearly breaking any records, Virginia's sports betting market had a great year at the end of 2024 Although revenue was below projections, the state's sportsbooks reported a strong handle, indicating positive momentum The Virginia Lottery reports that wagers totaled $7343 million in December, a minor decrease from $760 million in..
1 year ago

Former Interpreter Ippei Mizuhara Receives Nearly Five-Year Prison Sentence

Ippei Mizuhara, a former interpreter for Shohei Ohtani of the Los Angeles Dodgers, was found guilty of bank and tax fraud and given a sentence of over five years in jail Four years and nine months was the punishment imposed by a federal court in Santa Ana, California In addition to the jail sentence, Mizuhara must pay $18 million in reparations,..
1 year ago

Gemini Considers IPO as Winklevoss Twins Explore Public Offering in 2025

Gemini, the prominent crypto exchange and custodian founded by Tyler and Cameron Winklevoss, may soon go public According to a Bloomberg report, the Winklevoss twins are exploring an initial public offering (IPO) for their company in 2025 Sources familiar with the matter indicate that Gemini is currently in talks with bankers to assess the..
1 year ago

Donald Trump Jr. Declares Crypto as Key to America’s Economic Power

During Thursday's Ondo Summit in New York City, Donald Trump Jr expressed his opinion that cryptocurrencies could be crucial to America's future supremacy He said, "I think it's perhaps the future of American hegemony, in terms of our economic status, our economic might," at the function His comments are a continuation of his support for the..
1 year ago

Michigan Gaming Board Calls for Responsible Betting Ahead of Super Bowl LIX

As Super Bowl LIX approaches, the Michigan Gaming Control Board (MGCB) has issued a call for responsible betting The regulator emphasizes the importance of using authorized and legal sportsbooks when wagering on this year’s big game The MGCB has urged sports fans and bettors to bet responsibly during the Super Bowl The board stressed, "We..
1 year ago

Florida Bill Moves Toward Decoupling Horse Tracks and Expanding Gambling Options

The House Industries & Professional Activities Subcommittee in Florida recently approved a bill that has the potential to revolutionize the gambling industry in the state If the measure is approved, Gulfstream Park and Tampa Bay Downs, Florida's two remaining horsetracks, would no longer be required to host live races in order to provide other..
1 year ago
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