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

Russia to Begin Crypto Exchange Trials for Cross-Border Transactions

Russia is on the brink of initiating trials for cryptocurrency exchanges and token transactions aimed at facilitating cross-border payments According to sources familiar with the matter, these trials are scheduled to begin on September 1 The move is part of Russia's strategy to navigate the economic challenges posed by international sanctions The..
2 years ago

Celsius Distributes $2.53 Billion to Creditors, Closes Bankruptcy Case

Celsius' bankruptcy administrator has successfully distributed over $253 billion to approximately 251,000 creditors, according to its first status report The payments, made in liquid cryptocurrency and cash, were calculated using January 16 prices These disbursements cover around 93% of the eligible value and represent roughly two-thirds of all..
2 years ago

DraftKings Partners with Lac du Flambeau Band for Wisconsin Sportsbook Launch

A new collaboration between DraftKings and the Lac de Flambeau Band of Lake Superior Chippewa Indians has been revealed DraftKings will open for business on August 28 at the Lake of the Torches Resort Casino in Wisconsin, pending regulatory approval of the agreement DraftKings’ VP of Retail Sportsbooks, Michael Kibort, shared insights into..
2 years ago

Mohegan Sun Unveils New Sports Betting Podcast Ahead of NFL Season

Mohegan Sun is set to debut a new sports podcast titled "Sportsbook Live from Mohegan Sun" on September 5, just in time for the NFL season The show will air every Thursday and will feature a dynamic lineup including Mike “Mut” Mutnansky, Eytan Shander, and Brad Bryant, the General Manager of Mohegan Sun’s FanDuel sportsbook Brad Bryant..
2 years ago

Illinois Welcomes Hard Rock Bet with August 29 Launch

Hard Rock Digital is making waves in the sports betting landscape with the debut of Hard Rock Bet in Illinois This launch coincides with the opening of the Hard Rock Casino Rockford's new physical sportsbook, offering both online and in-person wagering options starting August 29 A New Era for Sports Betting The introduction of Hard Rock Bet in..
2 years ago

New Malware “Cthulhu Stealer” Poses Major Threat to Mac Users’ Crypto Wallets

"Cthulhu Stealer," a new and hazardous type of malware, has surfaced that targets users of Apple Mac computers and their bitcoin wallets Because it may access many cryptocurrency wallets and steal confidential personal information, this dangerous malware is especially concerning Users may find it challenging to identify the malware since it is..
2 years ago

Semler Scientific Expands Bitcoin Holdings During Growing Institutional Interest

Leading innovator and distributor of technology for healthcare professionals, Semler Scientific, Inc, has entered the cryptocurrency market with a big move The business just declared that it had acquired an additional 83 bitcoins for $5 million, inclusive of fees and expenditures With this acquisition, Semler Scientific now owns 1,012 bitcoins..
2 years ago

Telegram CEO Pavel Durov Arrested in France Over Moderation Issues

Pavel Durov, the CEO of Telegram, was arrested in France this weekend following a warrant issued by the French national police The arrest stems from a criminal complaint by OFIM, a French office established in November 2023 to combat violence against minors The complaint accuses Telegram of failing to moderate content related to drug trafficking,..
2 years ago

Tether Helps DOJ Recover Millions in Crypto Scam

The US Department of Justice (DOJ) recently announced the recovery of nearly $5 million worth of USDT, a stablecoin issued by Tether, which was stolen in a widespread crypto investment scam The success was largely due to the cooperation of Tether, which played a crucial role in tracing and freezing the stolen funds The scam, commonly known as..
2 years ago

Kennedy Jr. Exits Presidential Race, Joins Trump’s Crypto Push

Robert Kennedy Jr on Friday announced his withdrawal from the US presidential race, choosing instead to endorse Republican nominee Donald Trump In a public address, Kennedy explained that his decision was driven by a desire to protect the next generation of Americans Kennedy shared his thoughts on why he chose to support Trump, stating, “I..
2 years ago

Australian Federal Court Rules Against Kraken Operator for Breaching Corporations Act

Bit Trade Pty Ltd, the company running Australia's Kraken cryptocurrency exchange, has been found to have broken a crucial clause in the Corporations Act by the Federal Court of Australia The Australian Securities and Investments Commission (ASIC) filed the lawsuit, which charged Bit Trade with not adhering to the rules governing financial..
2 years ago

Pennsylvania Cracks Down on Illegal Betting on Little League World Series

Pennsylvania, a state with strict regulations on sports betting, permits wagers on professional and collegiate sports However, betting on high school and amateur athletic events is generally prohibited Exceptions are only made for tournaments with special approval from the Pennsylvania Gaming Control Board (PGCB) The Little League World Series..
2 years ago

Research Reveals Online Sports Betting’s Negative Impact on Low-Income Households

The expansion of online sports betting has brought significant financial changes across the US After the Supreme Court overturned a federal ban in 2018, online sports gambling surged in popularity Today, legal sports betting operates in 38 states, generating over $120 billion in bets and $11 billion in revenue for 2023 alone However, a recent..
2 years ago

Boston Court Rules Against DraftKings’ Motion to Dismiss Class Action Lawsuit

A Boston court denied DraftKings' request to have the Public Health Advocacy Institute (PHAI) class action case dismissed on August 21 The case can now proceed as a result of the court's ruling; the next hearing is set for December 10, 2024 DraftKings is accused in the December 2023 complaint by PHAI of using “unfair and deceptive marketing..
2 years ago

NFL Introduces Integrity Representatives to Strengthen Gambling Policy Enforcement

Following a series of suspensions for gambling policy breaches, the NFL is taking significant steps to reinforce its regulations this season To enhance oversight and compliance, the league will assign an Integrity Representative to each team This move aims to address the growing concern over gambling-related violations and maintain the integrity..
2 years ago

Michelle Bond Accused of Campaign Finance Violations Linked to Crypto Funds

There are claims that Michelle Bond, a former candidate for Congress and the partner of former FTX executive Ryan Salame, broke campaign funding regulations in the United States Bond is alleged to have used illegal funds to support her unsuccessful 2022 House race in New York, according to an indictment that was recently made public According..
2 years ago

CluCoin Founder Admits to Embezzling Over $1 Million for Online Gambling

Austin CluCoin, a cryptocurrency project based in Miami, was founded by Michael Taylor, who has admitted to stealing more than $1 million from investors The forty-year-old Maryland resident fed his addiction to online cryptocurrency casinos with the pilfered money In court filings submitted to a Florida court last week, Taylor acknowledged..
2 years ago

MGC Halts Betting on IBA-Sanctioned Events During Controversies

The Massachusetts Gaming Commission (MGC) has decided to suspend betting on all events sanctioned by the International Boxing Association (IBA) This move follows several years of controversy surrounding the IBA, especially under the leadership of Umar Kremlev Kremlev’s tenure has been marked by allegations of fraud, lack of transparency, and,..
2 years ago

NFLPA Sues DraftKings Over NFT Licensing Dispute

The NFL Players Association (NFLPA) is currently in a legal battle with DraftKings, alleging a breach of contract concerning intellectual property rights This dispute revolves around the use of NFL players' likenesses for NFTs (non-fungible tokens) designed for fantasy sports contests The NFLPA has filed a lawsuit against DraftKings, claiming..
2 years ago

Brazil’s Regulated Sports Betting Market Sees Surge in License Applications

An astounding number of applications were submitted in the last day, suggesting that Brazil is getting closer to opening up a regulated online sports betting market More than fifty new businesses applied for licenses on August 20, the deadline for submissions, bringing the total number of applicants to 113 113 businesses submitted applications..
2 years ago
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