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


Sberbank Plans to Launch Customer CBDC Operations in Early 2025

Russia's largest lender, Sberbank, is gearing up to offer digital ruble transactions to its customers starting in early 2025 This move marks a significant step in the country’s adoption of central bank digital currencies (CBDCs), following the digital ruble's development and testing by the Bank of Russia Sberbank Joins CBDC Expansion Sberbank,..
2 years ago

Massachusetts Gaming Commission Debates Multi-Factor Authentication for Online Sportsbooks

A public hearing was conducted by the Massachusetts Gaming Commission (MGC) on August 29th to discuss revisions to Title 205 of the Code of Massachusetts Regulations The main discussion point was whether or not online sportsbooks should be required to use multi-factor authentication (MFA), as this might greatly improve customer security MGC..
2 years ago

Metaplanet Partners with SBI VC Trade for Bitcoin Custody Services

Japanese investment adviser Metaplanet (3350) has taken a significant step in enhancing its Bitcoin strategy by partnering with SBI VC Trade for custody services Earlier this year, Metaplanet adopted Bitcoin (BTC) as a reserve asset, and the decision to engage SBI VC Trade, a subsidiary of SBI Holdings, aligns with their ongoing efforts to secure..
2 years ago

Qatar Introduces Comprehensive Digital Assets Regulatory Framework

With the intention of bringing crucial areas like tokenization, custody, and exchange under a structured regulatory regime, Qatar has announced the introduction of a new digital assets regulatory framework In a joint press statement, the Qatar Financial Center Authority (QFCA) and the Qatar Financial Center Regulatory Authority (QFCRA), who played..
2 years ago

PENN Entertainment Gears Up for ESPN Bet Launch in New York

New York's sports betting enthusiasts have been eagerly waiting for ESPN Bet by PENN Entertainment to launch Initially, company executives hinted at an August rollout, but the highly anticipated online sportsbook has yet to go live Despite the delay, PENN Entertainment remains optimistic In a recent interview with Newsday, Mark Walker, the..
2 years ago

Illegal Betting Markets Threaten Integrity of Horse Racing Industry

The horse racing industry is grappling with the severe issue of unregulated illegal betting markets, which undermine the sport's integrity and siphon off substantial revenue Citibet, a prominent online platform operating primarily in southern China, has become a major concern for the Asian Racing Federation (ARF) This notorious operator poses a..
2 years ago

Flutter Entertainment to Challenge $330 Million Ruling in Georgia

The largest Irish gaming company, Flutter Entertainment, declared it would challenge a $330 million court ruling that was rendered recently in Georgia A Georgian court this week ruled in a lawsuit brought by Aviator LLC that holds Flutter and its partner, Spribe, liable The defendants were held accountable by the court for damages resulting from..
2 years ago

Cardano’s Chang Upgrade Marks Major Shift to Decentralized Governance

Cardano, the layer-1 blockchain established in 2017 by Ethereum co-founder Charles Hoskinson, has initiated a significant transformation with the activation of its long-awaited "Chang" upgrade This development represents a crucial step toward decentralized governance, enabling ADA token holders to take an active role in the platform's..
2 years ago

SBI Holdings Expands into Blockchain Gaming with Oasys Partnership

Leading Japanese financial giant SBI Holdings Inc, which was founded in 1999, is making great progress in incorporating blockchain technology into its business practices Recognized for its proficiency in conventional finance, encompassing venture capital and asset management, SBI Holdings is now expanding into the gaming industry via a strategic..
2 years ago

Study Links Crypto Ownership to Dark Personality Traits

A recent study delves into the personality traits of cryptocurrency investors, revealing that they may be more inclined to exhibit psychopathic tendencies Conducted by researchers from the University of Toronto and the University of Miami, the study surveyed 2,001 American adults to better understand the psychological profiles of those involved in..
2 years ago

Blockchain Technology Poised to Revolutionize Global Payments

Blockchain technology is set to reshape the global payments landscape by tackling inefficiencies in traditional financial systems, according to a recent Binance report The report highlights how blockchain can provide faster, cheaper, and more secure payment solutions compared to existing financial methods Current Payment Systems and..
2 years ago

Judge Dismisses $258 Billion Lawsuit Against Elon Musk Over Dogecoin Claims

Judge Alvin Hellerstein of the US District Court for the Southern District of New York has rejected a lawsuit against Elon Musk, requesting $258 billion in damages, nearly two years after it was filed According to the lawsuit, Musk manipulated the value of Dogecoin, causing investors to suffer large losses The plaintiffs in the action argued..
2 years ago

Parafi Capital Raises $120 Million for Strategic Crypto Fund Investments

Parafi Capital, a digital asset manager based in New York, has raised $120 million to purchase general partner (GP) stakes in cryptocurrency funds These funds have a deliberate concentration on particular market niches, approaches, and regions With the help of this additional funding, Parafi Capital hopes to create a broad portfolio of 30 to 50..
2 years ago

PrizePicks Unveils “Run Your Game” Ad Campaign for Football Season

PrizePicks, a leading North American daily fantasy sports (DFS) operator, has launched an exciting new ad campaign called "Run Your Game" just in time for the football season This vibrant campaign features a notable lineup of personalities, including media figure Joe Budden, comedian Drew "Druski" Desbordes, mixed martial artist Suga' Sean..
2 years ago

Haru Invest CEO Stabbed During Fraud Trial in Seoul

The CEO of South Korean bitcoin deposit provider Haru Invest, Hugo Hyungsoo Lee, was stabbed while standing trial in Seoul for fraud A man in his 50s unexpectedly attacked Lee and stabbed him in the neck at the Seoul Southern District Court on Wednesday, causing shock and alarm Lee, fortunately, escaped the incident unscathed and was quickly sent..
2 years ago

Crypto Markets Face Persistent Danger from ‘Pig Butchering’ Scams, Says Chainalysis

Crypto scammers are becoming increasingly sophisticated in their attempts to steal digital assets, according to a new report from blockchain analytics firm Chainalysis The report, released on Thursday, reveals that scams remain the largest component of the multibillion-dollar crypto-crime sector in 2024 Although the financial impact is..
2 years ago

Alchemy Expands European Footprint with Bware Labs Acquisition

Leading web3 infrastructure platform Alchemy recently bought Bware Labs, a well-known supplier of blockchain infrastructure and API services, located in Romania Announced on August 29, the acquisition represents a major turning point in Alchemy's strategic move into the European market Alchemy's entry into the European market is made possible..
2 years ago

Celebrity Poker Tour Adds Viral Sensation to Star-Studded Lineup

Celebrity Poker Tour made waves when it revealed the lineup for its most recent event, which included a number of well-known figures Hailey Welch, the creator of the popular "Hawk Tuah" meme, is one of the celebs expected to play, making her unexpected poker scene debut The Celebrity Poker Tour, which airs on the PokerGO subscription service,..
2 years ago

Kentucky Resident Sues Aristocrat, Alleges Social Casino Games Are Illegal Gambling

Aristocrat Leisure is a well-known international provider of gaming content and technology A Kentucky resident filed a lawsuit against the company, arguing that their social casino games ought to be considered unlawful gambling This lawsuit brings to light the ongoing legal controversy surrounding social casino games, which let users use virtual..
2 years ago

Crypto.com Expands Global Retail Services with New Dubai Hub

Cryptocom is set to launch a global retail service that will streamline deposit and withdrawal processes for millions of users in over 90 countries This significant expansion will enhance the functionality and ease of cryptocurrency transactions for its app users worldwide The new global retail services will operate from Cryptocom’s regional..
2 years ago