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


Polygon Labs Initiates Major Token Upgrade with POL Launch

Polygon Labs, the core developer of the Polygon layer-2 network, announced a significant upgrade set to transform its ecosystem Starting September 4th, the firm will begin replacing its MATIC token with the new POL token This transition is a key element of the "Polygon 20" roadmap, introduced last year and first proposed to the community in July..
2 years ago

NBA Player Jontay Porter’s Passport Request Denied Due to Sports Betting Scandal

In a recent legal event, Judge LaShann DeArcy Hall of the US District Court for the Eastern District of New York dismissed Jontay Porter's application to reclaim his passport for playing basketball in Greece Porter is a former NBA player who is involved in a sports betting controversy Porter submitted an application to be granted permission to..
2 years ago

DC Embraces Online Sports Betting With Caesars, BetMGM, and FanDuel Leading the Way

With the Office of Lottery and Gaming's permission, several operators launched their platforms in Washington, DC, ushering in a new era for digital sports betting With this development, the city's gambling scene has grown significantly, improving accessibility and participation for sports fans After the DC Council approved the FY2025 budget..
2 years ago

Ripple Exits Positions in Bitstamp, MoneyGram, and Tranglo

Ripple has divested its holdings in Bitstamp, MoneyGram, and Tranglo, according to Crunchbase data These moves mark significant changes in Ripple's strategic partnerships In early 2023, Ripple acquired Pantera's stake in Bitstamp The company had also secured a 40% stake in Tranglo back in 2021 Additionally, Ripple invested $50 million in..
2 years ago

Robinhood CEO Advocates for Tokenization as Future of Finance

Robinhood CEO Vlad Tenev envisions a future where tokenization transforms financial services, making transactions more efficient and less costly In a recent interview with Fortune, Tenev stated that tokenization, which involves issuing assets like stocks and dollars on blockchains, represents the "next transition" for the industry "You don’t..
2 years ago

Washington State Warns of Sophisticated Crypto Investment Scam

The Department of Financial Institutions (DFI) in Washington State has released a warning regarding a sophisticated cryptocurrency investment fraud that is spreading via Facebook and other social media platforms Promises of profitable investment opportunities are used in this scam to entice victims, who are then tricked using a variety of..
2 years ago

Coinbase and Stripe Team Up to Enhance Crypto Functionality

US bitcoin exchange Coinbase and prominent cryptocurrency payments company Stripe have established a strategic alliance Through this partnership, customers will be able to access financial solutions more quickly and affordably while also increasing the use and functionality of cryptocurrencies globally The two giants teamed up last month as well..
2 years ago

Sentient Labs Secures $85 Million to Transform AI and Blockchain Integration

Sentient Labs, a promising startup based in the UAE, has successfully raised $85 million in seed funding This impressive round was co-led by billionaire Peter Thiel’s Founders Fund and Pantera Capital, with significant contributions from Framework Ventures Additional strategic investors such as Arrington Capital, Canonical, Dao5, Delphi,..
2 years ago

New Jersey Gambling Revenue Report for June Dips

The New Jersey Division of Gaming Enforcement recently published June's financial outcomes for sports betting, online gambling, and in-person casino activities The report shows a significant decrease in sports betting revenue, which dropped to $271 million, marking a 239% decline compared to June 2023 The total sports betting handle for June..
2 years ago

Charges Dropped Against Patriots’ Wide Receiver Kayshon Boutte

On July 16, the state of Louisiana declared that wide receiver Kayshon Boutte of the New England Patriots had his charges of underage gambling and computer fraud dropped These accusations against Boutte date back to his time at Louisiana State University (LSU) Due to allegations that he had engaged in illicit sports betting while attending LSU,..
2 years ago

Iowa Reports $147M in Sports Betting Handle for June

The Iowa Racing and Gaming Commission recently disclosed its sports wagering data for June, showcasing a mixed bag of results for the state’s betting enthusiasts and operators In June, Iowa sportsbooks recorded a total handle of approximately $147 million, indicating consistent betting activity across the state However, compared to the..
2 years ago

Block and MoonPay Partner to Simplify Bitcoin Purchases

Block, Jack Dorsey's fintech company, has partnered with MoonPay, a payment processor, to make it simpler to buy Bitcoin (BTC) using traditional payment methods including bank cards, Google Pay, and PayPal This partnership, which was announced on Tuesday, streamlines the procedure for consumers by integrating Block's BTC hardware wallet, Bitkey,..
2 years ago

Tether and Bitfinex Face Renewed Legal Scrutiny in Crypto Manipulation Lawsuit

Tether and Bitfinex are now parties to an extended class action lawsuit, which has exacerbated the legal conflict over claimed manipulation of the bitcoin market The latest document, filed in the Southern District Court of New York, charges the aforementioned corporations with violating antitrust rules and manipulating cryptocurrency..
2 years ago

Judge Recommends Perjury Charges for Craig Wright Over Bitcoin Claims

In a landmark decision, Judge James Mellor has recommended Craig Wright for perjury charges Wright, who famously claimed to be Bitcoin's creator, Satoshi Nakamoto, is now under scrutiny following a case brought against him by the Crypto Open Patent Alliance (COPA) This case aimed to settle the debate over Wright's claims once and for all COPA..
2 years ago

Mt. Gox Moves $6 Billion in Bitcoin During Creditor Repayments

Addresses linked to the bankrupt exchange Mt Gox have recently transferred 96,396 Bitcoin (BTC), valued at over $6 billion, to three unknown wallets This substantial movement has ignited fears of a potential market selloff, especially amidst the ongoing creditor repayment process According to Arkham Intelligence, these transactions transpired..
2 years ago

Massachusetts Sports Betting Sees Surge Following Celtics’ NBA Triumph

Massachusetts witnessed a significant spike in sports betting activity in June, largely attributed to the Boston Celtics' triumphant run to the NBA Finals and their subsequent league championship victory The Massachusetts Gaming Commission reported a staggering $5094 million handle for June, marking a robust 651% increase from the same period..
2 years ago

Kraken Strategy Head Predicts Major Catalysts for Crypto Market in 2024

Four key events that could have a beneficial impact on the cryptocurrency markets in the second half of 2024 have been identified by Thomas Perfumo, the head of strategy at the US-based exchange Kraken In a recent interview, Perfumo expressed optimism about the future of bitcoin, digital assets and listed five possible triggers Perfumo..
2 years ago

BlackRock CEO Larry Fink Endorses Bitcoin as a Vital Investment

BlackRock CEO Larry Fink has recently reiterated his support for Bitcoin, suggesting that everyone should consider holding it in their investment portfolios In an interview with CNBC, Fink admitted, “My opinion five years ago was wrong I believe bitcoin is a legitimate financial instrument” Fink’s comments followed BlackRock's impressive..
2 years ago

Ripple Celebrates Legal Victory Against SEC

Ripple's CEO, Brad Garlinghouse, and Chief Legal Officer, Stuart Alderoty, recently marked the anniversary of a significant court ruling in their favor On July 13, 2023, District Judge Analisa Torres delivered a landmark judgment regarding XRP in the case brought by the US Securities and Exchange Commission (SEC) Brad Garlinghouse took to..
2 years ago

SEC Clears Way for Spot Ether ETFs to Start Trading

The Securities and Exchange Commission (SEC) has given the green light for spot ether (ETH) exchange-traded funds (ETFs) to begin trading next Tuesday, sources confirmed on Monday SEC officials informed one issuer that the regulator had no further comments on the recently submitted S-1 filings Final versions must be submitted by Wednesday Once..
2 years ago