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

Binance Labs Invests in Blockchain Gaming Platform Pluto Studio

Pluto Studio has received a sizable investment from Binance Labs, the venture capital and accelerator branch of Binance, the largest cryptocurrency exchange in the world based on trade volume With its cutting-edge methodology, this blockchain gaming platform is poised to completely transform the GameFi industry Supporting Pluto Studio's..
2 years ago

Igloo’s Pudgy Penguins Team Secures $11 Million for Blockchain Expansion

Igloo, Inc, a company well-known for creating Pudgy Penguins, a non-fungible token (NFT), has raised $11 million to support the development of its newest blockchain project Igloo's grand ambitions to increase cryptocurrency acceptance through a new consumer Layer 2 solution based on Ethereum are expected to be supported by this funding round,..
2 years ago

India’s Cryptocurrency Tax Policy to Remain Unchanged for 2024/25

India’s Finance Minister Nirmala Sitharaman revealed the government's stance on cryptocurrency taxation during the budget presentation for the 2024/25 fiscal year This announcement follows an interim budget presented five months earlier In the interim budget of February, the government upheld the tax deducted at source (TDS) rate for..
2 years ago

US House Passes Bill to Combat Illicit Use of Cryptocurrency

The US House of Representatives has recently passed a significant cryptocurrency bill aimed at curbing its use in illegal finance Introduced by Representative Zach Nunn (R-Iowa) on Monday, July 22, this legislation seeks to establish a governmental working group to assess the use of cryptocurrency in terrorism and money laundering..
2 years ago

Tennessee Local Takes Home $900K in Fanatics Free-to-Play

Fanatics, a leading global digital sports betting platform, has achieved a significant milestone in its free-to-play gaming venture Royden Hudson, a 56-year-old from Chattanooga, Tennessee, emerged as the first major winner of the Fanatics 5 Jackpot, taking home an impressive $900,000 Hudson secured this win through the company's newly launched..
2 years ago

Macau Indicts 59 in Sports Betting Case, Majority Granted Bail

A large-scale internet sports betting network is believed to have involved 59 people, all of whom have been indicted by the Macau Public Prosecutions Office Two of the defendants are still being held pending trial, and the remaining defendants have been released on bond with the requirement that they stay in the city This comes after a..
2 years ago

Ripple Aims to Unite TradFi and Web3, Says President Monica Long

Ripple, a prominent payments firm, is determined to become the leading digital asset infrastructure provider in the financial services industry In a recent company blog post, Ripple President Monica Long outlined the company’s vision to integrate more traditional finance (TradFi) systems with modern financial tools Monica Long emphasized..
2 years ago

U.S. Regulators Approve Ethereum ETFs, Expanding Access to Major Cryptocurrency

US regulators have granted final approval for spot exchange-traded funds (ETFs) that hold Ethereum's ether (ETH), providing Americans with a new, accessible way to invest in this major cryptocurrency This milestone follows the Securities and Exchange Commission's (SEC) approval of Bitcoin (BTC) ETFs earlier this year, marking a significant..
2 years ago

Hack Forces WazirX to Offer $23M Bounty

WazirX co-founder Nischal Shetty has introduced a bounty program to aid in recovering or freezing funds stolen in the recent hack of the exchange Earlier this week, we reported the exploit, resulting in losses exceeding $235 million in various cryptocurrencies Today, Shetty announced the launch of the bounty program via an X post Initially,..
2 years ago

Europe Leads Global Crypto Transactions: Report

Europe has emerged as the global leader in cryptocurrency transactions, capturing 3732% of the total transactional value This finding comes from a detailed analysis by Coinwire Asia follows closely with significant contributions, driven by high mobile penetration, advanced tech infrastructure, and rising institutional interest Meanwhile, Binance..
2 years ago

Ryan Selkis Steps Down as Messari CEO

Ryan Selkis has decided to step down from his role as CEO of Messari This move allows him to focus on crypto policy and national issues that matter to him Despite stepping down, Selkis will continue as a senior advisor for Messari, contributing to the company's long-term strategy Messari announced Selkis's decision on X (formerly Twitter) The..
2 years ago

North America’s Online Gambling Sector Poised for Continued Growth

The online gambling industry in North America is set to close the year on a high note Despite a predicted dip in growth for 2025, the sector is expected to bounce back strongly in 2026, according to Wall Street analyst Chad Beynon Sports betting in the United States has seen rapid expansion in recent years Most Americans now have access to..
2 years ago

South Korea Mandates Crypto Exchanges to Secure 80% of Assets in Cold Storage

With the intention of protecting cryptocurrency investors, South Korea has passed its first significant set of laws In order to provide more security and transparency, these new regulations, known as the Protection of Virtual Asset Users (PVAU), place stringent restrictions on Virtual Asset Service Providers (VASPs) VASPs must keep at least 80%..
2 years ago

ZA Bank Now Providing Services to Stablecoin Issuers in Hong Kong

Hong Kong’s digital banking leader, ZA Bank, has ventured into reserve banking services for stablecoin issuers The Hong Kong Monetary Authority (HKMA) recently revealed the list of participants approved for its stablecoin sandbox initiative, marking a significant step for the region's financial technology sector ZA Bank announced its..
2 years ago

ATP Launches Safe Sport to Combat Online Abuse with New AI-Driven Service

In a groundbreaking initiative, ATP, Tennis Data Innovations (TDI), and Sportradar have unveiled Safe Sport, a revolutionary service designed to tackle online abuse aimed at professional tennis players This new offering marks a significant advancement in player protection by combining AI moderation, educational resources, and investigative support..
2 years ago

IBIA Reports 90 Suspicious Betting Alerts in Q2 2024

The International Betting Integrity Association (IBIA) recently revealed that in the second quarter (Q2) of 2024, it reported to the appropriate authorities 90 instances of suspicious betting activity This figure shows a notable 80% rise over the 50 alerts reported in Q2 2023, albeit being a minor 3% decline from the 93 alerts in Q1..
2 years ago

U.S. Authorities Seize $2.5M in Crypto from Thailand ‘Pig Butchering’ Scheme

The US Attorney’s Office for the District of Columbia has announced a civil forfeiture action to reclaim cryptocurrency seized by the FBI from international fraudsters These perpetrators engaged in “pig butchering” schemes, a fraudulent tactic targeting American citizens The US aims to return the stolen funds to victims and hold the..
2 years ago

Italy Completes First Blockchain-Based Digital Bond Issuance

Blockchain technology has been successfully used to issue a digital bond by Italy's largest lender, Intesa Sanpaolo, in conjunction with the state-owned development bank, Cassa Depositi e Prestiti SpA (CDP) Under Italy's new digital asset legislation, this is the first transaction The €25 million bond was released on the Ethereum-powered..
2 years ago

SharpLink Faces NASDAQ Compliance Challenge During Stock Price Woes

Important participant in the sports betting affiliate market SharpLink announced that it has received a NASDAQ violation warning Listing Rule 5550(a)(2), which requires businesses to maintain a minimum bid price of $1 per share, was violated, according to the notice SharpLink's stock price is currently trading considerably below the necessary..
2 years ago

PENN Entertainment Faces Criticism and Layoffs Due to ESPN Bet Challenges

The CEO of PENN Entertainment, Jay Snowden, has come under increasing criticism in the wake of scandals involving the organization's operational choices Snowden's leadership has come under fire for a variety of reasons, including controversial CEO compensation packages and the unusual transfer of the Barstool Brand back to its original owner for a..
2 years ago
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