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

Sixth Arrest Made in NBA Betting Scandal Involving Jontay Porter

A sixth arrest has been made in the ongoing investigation into a sports betting scandal involving former NBA player Jontay Porter Authorities charged Shane Hennen with wire fraud conspiracy after his arrest at Las Vegas airport while attempting to board a flight to Panama The investigation revealed a text message allegedly sent by Porter In it,..
1 year ago

Sygnum Raises $58M to Drive Global Expansion and Bitcoin Innovation

The cryptocurrency banking business Sygnum, located in Switzerland, has closed a $58 million oversubscribed strategic development round and is preparing to expand internationally With a worth of more than $1 billion, Sygnum is now formally considered a unicorn company The money will support Sygnum's foray into a number of international markets,..
1 year ago

Mango Markets Shuts Down After Legal and Security Struggles

Mango Markets, a decentralized exchange (DEX) built on the Solana blockchain, has decided to close its doors following a lengthy legal battle with the US Securities and Exchange Commission (SEC) Users are being advised to close their positions as the platform prepares to halt borrowing and lending services soon Governance-approved changes to the..
1 year ago

Chainalysis Acquires Alterya to Boost AI-Driven Fraud Detection

Chainalysis, a leading blockchain analytics firm, has expanded its capabilities by acquiring Alterya, an AI-powered fraud detection startup The deal, completed on January 13, is valued at $150 million, although Chainalysis did not disclose specific financial details The acquisition is part of Chainalysis' ongoing efforts to enhance its fraud..
1 year ago

Delaware’s Sports Betting Sees Impressive Growth in December

Delaware’s sports lottery report for December highlighted strong performance, with players purchasing nearly 15 million tickets during the month The state’s sports betting handle reached $284 million, with players claiming $279 million in winnings The December handle surged to more than four times the total reported in December 2023 Despite..
1 year ago

Circa Sports Awards $20.2 Million in Record-Breaking Football Contests

By giving out more than $202 million in rewards to the victors of two professional football competitions, Circa Survivor and Circa Million VI, Circa Sports has reached a significant milestone The 2024–2025 season set a new record with the biggest Circa Survivor prize pool ever, totaling about $143 million A Landmark Season for Football..
1 year ago

Santander Report Highlights Bitcoin’s Role in El Salvador’s Tourism Growth

A recent report by Banco Santander subsidiary Santander US Capital Markets LLC highlighted El Salvador's remarkable increase in tourism According to the report, the nation's creative cryptocurrency policies are responsible for drawing tourists and strengthening its economy The research was published on social media by the Bitcoin Office and..
1 year ago

FDIC Vice Chairman Calls for Transparency in Crypto Banking Regulation

Travis Hill, Vice Chairman of the Federal Deposit Insurance Corporation (FDIC), has emphasized the need for a "new direction" in the agency's approach to cryptocurrency In a recent speech, Hill expressed concerns about the regulator's handling of crypto-related banking and hinted at potential changes later this month Hill addressed the..
1 year ago

World Reaches 10 Million Verified Users During Regulatory Scrutiny

Recently, World—formerly known as Worldcoin—celebrated a significant milestone: 10 million people were verified on its digital identity network The organization gathers biometric information using a network of orbs, creating "proof of personhood" to verify an individual's identity and human status This significant event occurs as worries..
1 year ago

Kenya Plans Crypto Legalization with New Draft Policy

Kenya’s government is making progress toward legalizing and regulating cryptocurrencies through a draft policy released by the National Treasury This new framework aims to establish clear guidelines for virtual assets (VAs) and virtual asset service providers (VASPs), marking a shift from the government’s earlier skepticism about digital..
1 year ago

Ripple’s XRP ETF May Be the Next Big Step for Crypto in the U.S.

Ripple’s president, Monica Long, recently shared insights that could reshape the cryptocurrency landscape in the US In an interview with Bloomberg, Long expressed optimism about the possibility of an XRP exchange-traded fund (ETF), signaling a potential new chapter for crypto investment options in the country Speaking about the future of..
1 year ago

Bitcoin Could Benefit from Inflation but Face Challenges Too

A new analysis from Fidelity’s crypto-focused division, Fidelity Digital Assets, explores how potential economic conditions in 2025 could impact Bitcoin The report, led by Chris Kuiper, director of research at the firm, examines the possibility of stagflation—a challenging environment marked by stagnant growth, high inflation, and sometimes..
1 year ago

Oklahoma Proposes Bitcoin Bill to Expand Payment Options

Oklahoma is taking steps toward integrating Bitcoin into its financial system with the introduction of the "Bitcoin Freedom Act" (SB325) Filed by State Senator Dusty Deevers, this proposed legislation focuses on giving workers and businesses the option to use Bitcoin for payments What the Bill Proposes The bill would allow employees in Oklahoma..
1 year ago

HashKey Group Secures Virtual Asset Service Provider Registration in Ireland

HashKey Group, a prominent digital asset financial services provider in Asia, has announced that its subsidiary, HashKey Europe Limited (HEL), has received Virtual Asset Service Provider (VASP) registration approval from the Central Bank of Ireland This marks the company’s first VASP license in the European Union, fully aligning with the EU’s..
1 year ago

Flutter Entertainment Adjusts 2024 Financial Outlook

Flutter Entertainment has revised its 2024 financial projections due to "unfavorable" short-term results in sports betting The company, which operates the popular FanDuel sportsbook in the United States, lowered its US revenue estimate by $370 million and its adjusted EBITDA by $205 million The recent NFL season has created an unusual..
1 year ago

Ohio Casinos and Sportsbooks Show November Growth

Ohio’s casino and sports betting markets showed strong results in November, with the Ohio Control Commission reporting a total casino revenue of $834 million for the month This figure represents a year-over-year increase of more than $4 million, compared to November 2023’s $804 million, and a slight rise from October 2024’s $83..
1 year ago

New Hampshire Considers Raising Sports Betting Age to 21

By raising the legal age of sports betting to 21, New Hampshire may soon follow the majority of its neighbors Senators Ruth Ward (R) and Suzanne Prentiss (D) have also endorsed House Bill 83 (HB-83), which was introduced by Representatives Sallie Fellows (D) and Michael Cahill (D) On January 8, the House Ways and Means Committee will consider the..
1 year ago

New York Sportsbooks End 2024 with Record-Breaking Christmas Week Revenue

The sports betting industry in New York ended 2024 strongly The week ending December 29 saw $615 million in revenue from the state's nine online sportsbooks, which was the second-highest weekly total for the football season The New York Gaming Commission reported an 809% increase in revenue during the holiday week compared to the prior week New..
1 year ago

Efforts to Raise Michigan’s Online Gambling Taxes End Without Resolution

Senate Bills 1193 and 1194 expired on January 1, 2025, ending unsuccessful attempts to amend Michigan's gambling tax legislation The measures, which were introduced by Senators Jeremy Moss and Sam Singh, called for small tax increases on internet casino operators and sports bettors, but nothing was done about them before the legislative session..
1 year ago

Morgan Stanley Eyes Crypto Trading on E-Trade Platform

According to reports, Morgan Stanley is considering adding cryptocurrency trading to its E-Trade platform, which could indicate a change in approach This development coincides with growing anticipation for a more favorable regulatory environment under President-elect Donald Trump's administration, which has made references to supporting policies..
1 year ago
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