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

Robinhood Expands Its Crypto Offerings with New Tokens

Robinhood, a retail trading platform, has added four new digital assets to its portfolio, further diversifying its cryptocurrency offerings The inclusion of Solana (SOL), Cardano (ADA), memecoin Pepe (PEPE), and XRP was just revealed by the firm Together with Bitcoin (BTC), Ethereum (ETH), Dogecoin (DOGE), Chainlink (LINK), Avalanche (AVAX), and..
2 years ago

Bitcoin Hits New All-Time High, Reaches $93,481

Bitcoin (BTC) has shattered records today, reaching an all-time high of $93,481 This impressive surge marks a significant milestone for the digital asset, with BTC gaining 7% in just 24 hours and 25% over the past week As a result, its market capitalization has skyrocketed to $183 trillion, solidifying bitcoin’s dominant role in the broader..
2 years ago

North Carolina Sees Strong Sports Betting Results in October

The North Carolina State Lottery Commission recently released October 2024 sports betting figures, highlighting over $612 million in wagers placed by state bettors This substantial increase, nearly $35 million more than September, underscores the strong engagement from players since sports betting became legal in March Winnings, Revenue, and..
2 years ago

Maryland Sports Betting Surges with Record-Breaking October Handle

In October 2024, Maryland Lottery and Gaming revealed that their sports betting business had achieved remarkable achievements, setting a new handle of $5931 million Since sports betting began, Maryland has had the greatest single-month handle, which demonstrates the market's notable expansion over the previous 12 months Record Handle and Rising..
2 years ago

Revolut Expands Revolut X Crypto Exchange Across Europe

Revolut X, a stand-alone cryptocurrency trading app, is now available to users across the European Union, according to London-based digital banking behemoth Revolut Revolut X, which was first released in the UK in May, caters to experienced cryptocurrency traders by providing a wide range of capabilities beyond the basic buy-and-sell choices found..
2 years ago

Crypto-Friendly Candidates Surge in U.S. Congressional Elections, Bolstering Industry Support

With more than 250 candidates from both major parties making it to the next legislature, preliminary results from the US Congressional elections show a notable movement towards representation that is pro-cryptocurrency This is a significant uptick in backing for the digital asset market, a development that may change US cryptocurrency..
2 years ago

Italy Considers Adjusting Proposed Crypto Tax Hike to 28% to Support Sector Growth

The Italian government is reevaluating its proposal to raise cryptocurrency transaction taxes by a substantial amount, originally set at 42% Officials are now thinking about lowering the suggested rate to 28% instead, which is thought to be more advantageous for Italy's rapidly growing digital asset market This reexamination attempts to balance..
2 years ago

Bitso Launches Lightning Network for 8 Million Users Across Latin America

Bitso, a well-known cryptocurrency exchange in South America, has integrated Bitcoin's Lightning Network, allowing for quicker and more affordable transactions for all customers, Lightspark said on November 12 As Bitcoin's popularity continues to grow, particularly in light of its recent price spike to around $89,894, which represents a 28% gain..
2 years ago

Genius Sports Sees Growth with Strong Q3 Earnings, Raises Full-Year Outlook

With $120 million in revenue and an unexpected profit of $005 per share, Genius Sports' third-quarter 2024 results exceeded Wall Street's expectations Early Tuesday on the New York Stock Exchange, the company's shares surged 20% as a result of this outstanding performance, reaching their highest level since November 2021 at $966 Sales at the..
2 years ago

Maryland Sports Betting Reaches New High with Record October Totals

In October 2024, Maryland's sports betting market produced over $593 million in wagers, demonstrating remarkable results According to Maryland Lottery and Gaming, the state contributed a substantial $7 million during this record-breaking month The sports betting market has grown quickly since it was made legal in June 2021 Residents of Maryland..
2 years ago

Louisiana Eyes Tax Hike on Sports Betting as HB22 Targets Operators and Promotions

Louisiana is considering a significant change to its online sports betting tax structure A new bill, HB22, introduced by Republican Representative Wilder, proposes increasing the state’s gross gaming revenue (GGR) tax on online sports betting If passed, the tax rate would rise to 15%, aligning Louisiana with New York for the highest rate in the..
2 years ago

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..
2 years 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..
2 years 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..
2 years 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..
2 years 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..
2 years 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..
2 years 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..
2 years 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..
2 years 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..
2 years ago
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