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


Iowa Reports Strong October Sports Wagering Figures as Market Grows

According to the most recent figures from the Iowa Racing and Gaming Commission, the sports betting industry in Iowa had outstanding performance for October 2024 In comparison to October 2023, the state's gross sports betting handle for the month increased by over $40 million to roughly $295 million Growth in Sports Betting Handle and Online..
1 year ago

Lens Strengthens Its Decentralized Social Media Platform During Growing Demand

Blockchain-based platforms like Lens are becoming more popular as social media behemoths come under fire for their centralized authority and AI-driven prejudice Version 3, the most recent upgrade to Lens, a decentralized social network created by the people of Aave, focuses on granting individuals authority over their data and online interactions..
1 year ago

FTX Files Lawsuit Against Binance Over $1.76 Billion Shares Deal

Binance Holdings and its former CEO Changpeng "CZ" Zhao are the targets of a lawsuit filed by FTX alleging a $176 billion fraudulent share buyback agreement FTX's recent attempt to recoup assets after declaring bankruptcy is represented by this action FTX claims that in July 2021, Binance and Zhao obtained money through a share repurchase from..
1 year ago

Brian Armstrong Hails ‘Most Pro-Crypto Congress’ After U.S. Elects 257 Supportive House Members

Brian Armstrong, the CEO of Coinbase, has hailed the outcome of the US election as a turning point for the bitcoin industry He contends that the change in leadership will alleviate regulatory obstacles and pave the way for a government that is more welcoming to cryptocurrency In a detailed post on X, Armstrong emphasized that this election..
1 year ago

Bitcoin Fog Operator Sentenced by DOJ to Over 12 Years for Money Laundering

Roman Sterlingov, a Russian-Swedish national, was given a significant sentence of 12 years and six months in prison by the US Department of Justice (DOJ) on Friday Sterlingov was found guilty of running Bitcoin Fog, a well-known darknet bitcoin mixing service that allowed criminals to conduct anonymous transactions between 2011 and 2021 The DOJ..
1 year ago

New York Hits Record $2.32 Billion in Sports Betting for October

New York’s mobile sports betting industry reached new heights in October, recording a staggering $232 billion in wagers The New York State Gaming Commission shared these results, marking a milestone for the state’s sports betting handle October Surpasses Previous Records Although New York has hit the $2 billion mark before, October’s..
1 year ago

DraftKings Q3 2024 Revenue Jumps, Yet Net Losses Persist

The third quarter financial figures for 2024 were revealed by DraftKings Sportsbook, which showed strong revenue growth in spite of persistent net losses In Q3, the company's total revenue jumped 39% year over year to about $11 billion Net losses, on the other hand, kept growing, climbing to $2937 million, a minor rise from the $2831 million..
1 year ago

Detroit to Launch Crypto Payments for Taxes, Fees by 2025

Soon, Detroit will surpass all other cities in the United States in accepting cryptocurrencies for public payments, such as taxes and fees According to city officials, citizens will be able to use cryptocurrency to pay these debts starting in the middle of 2025 via a platform run by PayPal This creative move supports Detroit's larger efforts to..
1 year ago

Toronto Police Investigate WonderFi CEO Dean Skurka’s Kidnapping

Toronto police are investigating the recent kidnapping of Dean Skurka, the CEO of WonderFi, a Toronto-based digital asset firm Skurka was abducted on Wednesday, November 6, in downtown Toronto near University Avenue and Richmond Street West during peak rush hour He was later freed after a ransom of $1 million was paid electronically Authorities..
1 year ago

HashKey’s HSK Token to Go Live for Trading, Deposits Begin November 7

The launch of HashKey's native token, HSK, has been announced by the Hong Kong-based digital asset exchange Deposits will be accepted starting on November 7, and HSK/USDT spot trading will formally start on November 26 The coin, which was created to improve HashKey's ecosystem, is anticipated to be essential to all of the platform's..
1 year ago

Beware! New Trojan Targets ‘Virus-Proof’ Mac Computers, Stealing Cryptocurrency

A newly discovered Trojan targeting MacOS systems has raised serious concerns among cryptocurrency users This malware, capable of bypassing Apple’s robust security measures, is designed specifically to steal sensitive data, including cryptocurrency wallet details, in mere seconds after installation The Trojan employs sophisticated phishing..
1 year ago

Colorado Voters Approve Proposition JJ to Secure Water Funding from Sports Betting Revenue

Voters in Colorado have strongly supported Proposition JJ, which permits the state to keep and use all sports betting tax income, even if it exceeds the $29 million threshold This is a huge step for both sports betting and environmental conservation The Denver Business Journal reported that, based on 63% of the ballots counted at the time, roughly..
1 year ago

Standard Chartered’s Crypto Custody Arm Eyes $50M in New Funding for Global Growth

According to reports, Zodia Custody Ltd, a well-known cryptocurrency custody company supported by Standard Chartered, is looking for a new funding round to broaden its global presence According to Bloomberg, discussions are underway to raise approximately $50 million for the company, which is primarily controlled by Standard Chartered Julian..
1 year ago

Crypto Market Surges as Donald Trump Presidential Prospects Fuel Optimism

As hope for Donald Trump's possible comeback to the US presidency builds, the cryptocurrency market is going through a positive phase Leading digital assets have seen considerable gains as a result of this trend The worldwide cryptocurrency market capitalization increased by 5% during the past day to $256 trillion, according to CoinGecko The..
1 year ago

South Korea Launches CBDC Pilot Program with Seven Banks

In order to test digital financial services, seven significant financial institutions in South Korea have been given permission to take part in a central bank digital currency (CBDC) pilot program The effort, which involves banks like KB, Shinhan, Woori, and Hana, was launched by the Financial Services Commission (FSC) on November 6 With a special..
1 year ago

Singaporeans Bet RM40.18B on Lottery, Sports, and Horse Racing in 2023/24

According to the most recent data from Singapore Pools, Singaporeans spent an astounding S$122 billion (RM4018 billion) on horse racing, sports betting, and the lottery during the 2023–2024 fiscal year This represents a 7% increase over the S$114 billion spent the year before, indicating a rising demand for legal gaming in the..
1 year ago

Virginia Sports Betting Sees Impressive Growth in September 2024

The sports betting industry in Virginia had a notable uptick in September 2024, with operators reporting a 196% rise in handle over the previous year The most recent report from the Virginia Lottery shows that the state's citizens wagered $622,060,604 in total, an increase from $5203 million in September 2023 This increase demonstrates how popular..
1 year ago

Binance Pushes Back Against SEC in Expanded Crypto Securities Case

In its ongoing legal struggle, Binance and its former CEO Changpeng "CZ" Zhao have defended the company against the US Securities and Exchange Commission (SEC) Axie Infinity Shards (AXS), Filecoin (FIL), Cosmos' ATOM, The Sandbox's SAND, and Decentraland's MANA are some of the new tokens that the SEC claims should be categorized as securities In a..
1 year ago

Mike Novogratz Predicts Bitcoin Surge Post-Election, Expects Rapid Growth

In a recent interview with the Unchained YouTube channel, Galaxy Digital CEO Mike Novogratz offered his thoughts on the future of Bitcoin Regardless of the outcome of the next US presidential election, he said he is confident in Bitcoin's rise and that a new bull market would emerge He did point out that the winner could have an impact on the..
1 year ago

Brazil’s Ministry of Justice Demands Clarity from Betting Operators Despite Growing Concerns

In an effort to safeguard vulnerable users from the risks associated with gambling, the Brazilian Ministry of Justice and Public Security has demanded that 17 betting organizations provide comprehensive information about their advertising strategies, bonus offerings, and age restriction practices This request comes at a pivotal moment as Brazil..
1 year ago