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

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

MLS Ends Contract of Felipe Hernandez After Second Gambling Violation

Major League Soccer (MLS) has announced the termination of Felipe Hernandez's contract with Sporting Kansas City The decision follows Hernandez's second infraction of the league’s gambling policies The 25-year-old midfielder, who has been on administrative leave since June 2024, was found to have breached the terms set during his January 2022..
2 years ago

Iowa Reports Nearly $167M in August Sports Betting Handle

The Iowa Racing and Gaming Commission released some striking data regarding sports wagering in August With a considerable handling of around $167 million, the state saw a notable gain of about $26 million over the previous year Despite being substantial, August's total handle fell short of March's record high of $272 million, which is still the..
2 years ago

El Salvador’s Bitcoin Adoption Was ‘Pure PR,’ Advisers Told TIME Journalist

TIME Magazine’s Vera Bergengruen recently offered insights into El Salvador’s President Nayib Bukele and his promotion of Bitcoin as legal tender In an interview with Pod Save the World, Bergengruen revealed that Bukele’s embrace of Bitcoin was described by his advisors as a “great rebranding” and a strategic “PR move” Her remarks..
2 years ago

Stablecoins Gain Popularity in Emerging Markets for Daily Transactions

A new report by Castle Island Ventures and Brevan Howard highlights the increasing role stablecoins are playing in everyday financial transactions in emerging markets The survey, which involved over 2,500 cryptocurrency users from Brazil, Nigeria, Turkey, Indonesia, and India, revealed that while access to crypto markets remains a primary reason..
2 years ago

Binance Labs Invests in OpenEden to Boost Tokenization of Real-World Assets

A significant investment has been made by Binance Labs in OpenEden, a platform that tokenizes real-world assets (RWAs) The goal of this collaboration is to introduce conventional financial instruments into the decentralized finance (DeFi) market, like Treasury Bills This integration, according to Binance's venture capital division, is a means of..
2 years ago

Ex-Servicemen File Fraud Complaint Over Cryptocurrency Scam in Pune

Eight representatives of a trading company are said to have defrauded three former Indian servicemen of over Rs 7981 lakh (about $96,000) in a bitcoin scam The case, which was submitted to the Pune-based Chandannagar police, describes how the ex-servicemen were seduced by deceptive claims of substantial profits into investing their retirement..
2 years ago

North Carolina Sports Betting Yields $33.8 Million in August

According to the North Carolina State Lottery Commission, sports betting has been doing well in the state; August's numbers showed a lot of activity The most recent data shows that North Carolina's sports betting industry brought in $338 million in gross revenue for the month Betting Activity and Revenue Breakdown During August, sports..
2 years ago

Federal Judge Expands Civil Suit in Iowa Gambling Sting Case

A federal judge has authorized the inclusion of 11 more individuals in a civil lawsuit related to a high-profile gambling sting in Iowa This expansion brings the total number of plaintiffs to 37, reflecting growing concerns about the handling of the investigation The latest additions to the suit include ten athletes from Iowa and Iowa State..
2 years ago

UK Moves to Recognize Digital Assets as Personal Property

In order to recognize digital assets, such as bitcoin and NFTs, as personal property under English and Welsh law, the UK government has developed new laws This important step, spearheaded by Justice Minister Heidi Alexander, is to provide owners with enhanced protection in the event of fraud or disputes by elucidating the legal status of digital..
2 years ago

Experts Highlight Early Growth Phase in Crypto’s Adoption Boom

Experts state that the bitcoin market is still in its early "hyper-growth phase," despite growing popularity Even if the Henley Crypto Wealth survey indicates that over 30% of people are using cryptocurrencies, there is still a lot more room for growth in this market Co-founder of GRVT and former trader at Goldman Sachs, Hong Yea, thinks that the..
2 years ago

UAE Strengthens Role as Virtual Assets Hub with Regulatory Collaboration

UAE has established a major regulatory collaboration in an effort to strengthen its position as a global center for virtual assets In an effort to strengthen the nation's virtual assets framework, the Securities and Commodities Authority (SCA) and the Virtual Assets Regulatory Authority (VARA) have inked a cooperation agreement In order to..
2 years ago
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