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

FBI Takes Down Gambling Network Hiding Behind Phony Cryptocurrency

A Denver man was found guilty of operating an illicit gambling network by disguising monetary exchanges through the use of bogus cryptocurrency and computer games The complex plan featured several parlors in Colorado where participants used a fake digital token to exchange credits for cash The District of Colorado US Attorney's Office declared..
2 years ago

Brazil to Suspend Unlicensed Betting Operators Ahead of Regulatory Overhaul

As part of a larger initiative to control the country's quickly growing fixed-odds betting market, Brazil will ban unlicensed betting operators on October 1, 2024, the government announced on Tuesday According to information released by the Ministry of Finance, this suspension occurs before the regulated market's scheduled January 1, 2025,..
2 years ago

Michigan Reports Record-Breaking Sports Betting and iGaming Revenues for August

Impressive sports betting and iGaming figures were reported by Michigan's commercial and tribal operators in August, demonstrating a notable increase in revenue The Michigan Gaming Control Board reports that the month's total combined income was $224 million, a significant rise over the same period last year Comparing the August data to the..
2 years ago

South Korea and Hong Kong Drive East Asia’s Expanding Crypto Market

According to Chainalysis' most recent study, institutional interest in South Korea and Hong Kong is fueling the rapid expansion of the cryptocurrency sector in East Asia With $130 billion in on-chain value, South Korea has emerged as a frontrunner, but Hong Kong stands out because of its advantageous regulatory framework By drawing investors'..
2 years ago

Cash Tops CBDCs in Popularity Among Consumers, Deutsche Bank Reveals

Despite the fact that almost all central banks are investigating the usage of central bank digital currencies (CBDCs), a recent survey by Deutsche Bank indicates that consumers are still hesitant about them 4,850 people from Europe, the UK, and the US participated in the survey, which reveals a preference for conventional payment methods over..
2 years ago

Michigan Sports Betting Sees Surge Between Early College Football Excitement

Sports betting has increased significantly in Michigan, as seen by large increases in wagers and revenue in August 2024 An early start to the college football season and the high-profile performance of the defending national champion University of Michigan are probably to blame for this upsurge The Michigan Gaming Control Board reports that..
2 years ago

Howard Winklevoss Donates $4M in Bitcoin to Grove City College

In a groundbreaking move, Howard Winklevoss, the father of crypto pioneers Cameron and Tyler Winklevoss, has donated $4 million in bitcoin to Grove City College This marks the college's first-ever cryptocurrency donation The funds will support new business programs, reflecting Winklevoss's long-held belief in sound money principles, a concept he..
2 years ago

Binance Addresses Wazirx Accusations Over July Cyberattack

Binance, a leading cryptocurrency exchange, has responded to accusations from Wazirx and Zettai regarding the loss of user funds during the July cyberattack Binance firmly stated that Wazirx’s management under Zanmai and Zettai is responsible for the lost assets, not Binance In response to claims made by Wazirx co-founder Nischal Shetty, Binance..
2 years ago

Fireblocks and Chainlink Labs Collaborate to Offer Banks Stablecoin Management Solution

Fireblocks and Chainlink Labs have joined forces to provide banks with a powerful solution for stablecoin issuance and management This partnership, announced on September 17, introduces end-to-end technology that supports tokenization, minting, custody, and distribution services for stablecoin issuers The collaboration aims to empower banks with..
2 years ago

Florida Stock Investments Decline as Sports Betting Surges

According to a recent survey by the Social Science Research Network, investors are shifting their money from stocks to sports betting, which is a significant change in investing behavior Fox 13 Tampa Bay reports that the study revealed a 14% decrease in stock investments, with gamblers investing $2 less in equities for every $1 they risked on..
2 years ago

CFTC Appeal Results in Court Freeze on US Election Betting Issue

The Court of Appeals for the District of Columbia Circuit has temporarily halted the issue of election betting This follows a recent decision favoring Kalshi, as reported by the Associated Press The court’s order aims to "temporarily freeze the matter until it can consider and rule on the issue" Recent Developments and Legal Actions Earlier,..
2 years ago

MicroStrategy Plans $700M Convertible Note Offering to Boost Bitcoin Holdings

MicroStrategy (MSTR), listed on Nasdaq, has revealed plans to issue $700 million in convertible senior notes, maturing in 2028 The company, known for its aggressive Bitcoin strategy, aims to use part of the funds to redeem $500 million in secured notes due the same year Bitcoin and Debt Reduction According to a press release, MicroStrategy will..
2 years ago

Bybit Takes Major Step Toward Full VASP License with VARA Provisional Approval

The Virtual Asset Service Provider (VASP) license in Dubai has been provisionally approved for Bybit, the second-biggest cryptocurrency exchange globally The exchange is able to provide services to institutional, retail, and qualified investors thanks to its license Even though it is only temporary, Bybit's path to achieving full operating status..
2 years ago

Circle Integrates USDC Stablecoin with Sony’s Blockchain Network

Leading stablecoin issuer Circle has partnered with Sony Block Solutions Labs to increase the uptake of stablecoins on Soneium, an Ethereum-based layer-2 blockchain Bridged USDC will become a major token for value exchange on the network as a result of this agreement Circle will provide Soneium with access to its Bridged USDC Standard as part..
2 years ago

Federal SAFE Bet Act Introduced to Regulate U.S. Sports Gambling

Two influential congressmen have put forth federal legislation intended to regulate the sports gambling industry in reaction to the sector's explosive growth across the country Sen Richard Blumenthal (D-Conn) and Rep Paul Tonko (D-NY) proposed the SAFE Bet Act—the Supporting Affordability and Fairness with Every Bet Act—on Thursday This..
2 years ago

Temporary Ban on Chinese Soccer Bets Enforced by Massachusetts Gaming Commission

A major match-fixing incident led to the Massachusetts Gaming Commission (MGC) calling a meeting to discuss issues around betting on Chinese soccer matches This choice was made in response to serious concerns about the matches' integrity voiced by a thorough investigation published by US Integrity Sports Wagering Operations Manager Andrew..
2 years ago

Illinois Sports Betting Slows in July Despite WNBA Surge

With no NFL or college sports to gamble on during the summer, Illinois' sports betting total fell to a meager $774 million in July The seasonal slowdown was indicated by consecutive months with handles under $1 billion, according to the most recent report from the Illinois Gaming Board The handle for July was significantly lower than the one for..
2 years ago

TOKEN2049 Week Highlights 15 Transformative Tezos and Etherlink Projects

Tezos blockchain is set to take center stage at the upcoming TOKEN2049 event, with TZ APAC hosting the Tezos Realm at Singapore's iconic CHIJMES Hall on September 18 This immersive event will feature groundbreaking projects within the Tezos ecosystem, including the debut of Etherlink, an EVM-compatible Layer 2 blockchain powered by Tezos Smart..
2 years ago

Scammers Exploit Google Ads, Mimicking Revoke Cash Crypto Service

Cybercriminals are using Google Ads to pose as Revoke Cash, a reputable cryptocurrency recovery service, in an alarming new scam that leads consumers to a fake website intended to steal their money Users are tricked by the hoax, which was exposed by ScamSniffer analysts in an X post on September 13, by having the official address "revokecash"..
2 years ago

Kraken Defends Itself in SEC Case, Calls for Jury Trial

The cryptocurrency exchange Kraken has filed a formal request for a jury trial in its lawsuit against the Securities and Exchange Commission (SEC) of the United States This comes after a California judge's recent decision to support the SEC's lawsuit against Kraken Similar cases have been filed by the SEC against Coinbase and Binance, alleging..
2 years ago
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