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

Hong Kong SFC Flags Seven Unlicensed Crypto Exchanges

The Securities and Futures Commission of Hong Kong (SFC) recently issued warnings to seven cryptocurrency trading platforms operating without the necessary licenses This action is part of the SFC's ongoing efforts to protect investors from scams and fraudulent activities On July 5, the SFC added seven exchanges to its Alert List: Taurusemex,..
2 years ago

New Hampshire Officials Oppose Forced Sale of Concord Casino

During a hearing on Wednesday, New Hampshire state officials rejected several requests from former Senator Andy Sanborn's attorneys regarding the forced sale of Concord Casino Assistant Attorney General Mark Dell'Orfano emphasized that while selling the casino might benefit Sanborn, it does not align with the public's interest “It’s in Mr..
2 years ago

Las Vegas’ Tropicana Hotel-Casino Demolition Advances with Implosion Plans

The operator of the Tropicana hotel-casino in Las Vegas, Bally's Corp, has applied for a commercial implosion permit to Clark County officials, putting the building scheduled for demolition The permission specifies that a 22-story concrete tower and a 22-story steel tower will implode simultaneously as part of the destruction The implosion is..
2 years ago

Bally’s Secures Financing for $1.7 Billion Chicago Casino Complex

Bally’s Corporation has secured $940 million in financing from Gaming & Leisure Properties, a real estate investment trust based in Pennsylvania This funding will support the development of Bally's Chicago, a $17 billion casino complex on the 30-acre Freedom Center site in River West, Chicago In conjunction with the financing, Bally’s..
2 years ago

Abra Acquires Valkyrie Funds Between Regulatory Settlements

Crypto exchange Abra, who launched 'Abra Treasury' earlier this month, has expanded its asset offerings by acquiring several funds from Valkyrie Investments This move follows Abra’s recent settlement with 25 US state regulators Bloomberg reports that the acquisition includes Valkyrie’s Tron and Zilliqa trusts, which collectively have sold..
2 years ago

Tether Freezes $28 Million in Suspected Criminal Proceeds on Tron Wallet

A Tron (TRX) wallet holding more than 28 million USDT tokens was recently frozen by Tether; the wallet is purportedly connected to illegal activities like fraud and money laundering On July 13, Tether blacklisted the address TNVaKW, which had $2825 million in USDT This information was supplied by the USDT/USDC Ban List, a specialized account for..
2 years ago

German Government Completes 50,000 Bitcoin Sell-Off

The German government has concluded its Bitcoin sell-off, which lasted nearly three weeks As of July 12, wallets linked to German authorities no longer contain any Bitcoin, as revealed by blockchain data from Arkham Intelligence The last batch of 3,84605 BTC was sent to Flow Traders and 139Po This marks the end of a significant divestment that..
2 years ago

Delaware Delays Expansion of Online Sports Betting Market

Efforts to expand Delaware's online sports betting market have hit a roadblock, with legislators deciding not to pursue the issue during this year's session Since introducing online gaming in 2013, Delaware has maintained a single-operator model, which was extended to include sports betting in December Despite discussions advocating for a more..
2 years ago

Struggles Persist in Oklahoma’s Sports Betting Legalization Efforts

Oklahoma's journey to legalize sports betting continues to face significant hurdles, primarily due to ongoing disagreements between Governor Kevin Stitt and the state's tribal nations Despite the governor's strong advocacy for sports betting in the last legislative session, progress remains stalled Matthew Morgan, chairman of the Oklahoma..
2 years ago

FanDuel Fined for Betting Mishap on April Fool’s Day

New Jersey regulators recently fined FanDuel for accepting wagers on events that had already occurred According to an Associated Press report, the operator faced a $2,000 fine for the springtime blunder On April 1, 2022, FanDuel accepted 34 bets on mixed martial arts fights advertised as live events for that day However, these fights had..
2 years ago

MGC Fines Fanatics $15,000 for In-State College Betting Violation

Fanatics Betting and Gaming has been fined $15,000 by the Massachusetts Gaming Commission (MGC) for breaking state and college sports betting laws by taking a low-stakes parlay wager on an in-state college basketball game The MGC disclosed at a meeting on July 11 that Fanatics had taken a $2 parlay wager at the close of the previous year A..
2 years ago

Animoca Brands Becomes Validator on Core Blockchain

A validator for EVM-compatible smart contracts has been established on the Core Chain by Animoca Brands, according to a statement made by Core, a layer-one blockchain powered by Bitcoin This action reveals Animoca Brands' faith in Core's potential and dedication to strengthening the decentralization and security of the network By validating..
2 years ago

Coinbase Introduces Comprehensive On-Chain Portfolio Wallet App

A new on-chain tool from Coinbase is intended to simplify the management of bitcoin portfolios across numerous wallets and decentralized networks Known as the "Coinbase Wallet web app," this cutting-edge solution seeks to serve as a one-stop shop for transmitting money, tracking assets, and carrying out token swaps The application is compatible..
2 years ago

German Authorities Trigger Bitcoin Price Drop with Massive Sell-Off

On July 11, German authorities made headlines by selling 10,567 BTC valued at $600 million This sale has contributed to an 18% decrease in Bitcoin's price over the past month The liquidation also coincided with sell-offs from other entities, including Mt Gox and Genesis Trading Details of the Bitcoin Sell-Off As of 1:00 pm EST on Thursday, July..
2 years ago

Binance Nears Sale of Gopax Stake to Korean Cloud Provider Megazone

Binance, the global cryptocurrency exchange, is on the brink of finalizing a deal to sell its majority stake in Gopax, a prominent South Korean crypto exchange, to Megazone, a leading cloud infrastructure provider in South Korea This strategic move aims to streamline Binance’s operations in compliance with regulatory requirements Sources..
2 years ago

Nala Secures $40 Million in Series A Funding for B2B Payment Expansion

The San Francisco-based venture capital firm Acrew Capital led a $40 million Series A investment round for the Tanzanian fintech startup Nala This large cash increase will be used to support the company's aggressive expansion objectives and improve Rafiki, Nala's business-to-business (B2B) payment platform Fueling Growth and Expansion Nala's..
2 years ago

ReVerse Launches to Integrate Real-World Assets with Virtual Gaming

A leader in digital entertainment, CROSS THE AGES, has introduced ReVerse, a ground-breaking initiative that integrates Real-World Assets (RWAs) with its online gaming platform This ground-breaking move unifies Web3 technologies, blockchain, and classic gaming components to establish a direct link between virtual worlds and real-world effects on..
2 years ago

Super Group Announces Exit Plan from US Sportsbook Market

Super Group, the parent company of Betway and Spin Casino, has unveiled plans to phase out its sportsbook operations in the United States following an extensive internal review Super Group CEO Neal Menashe emphasized the company's global strategy and resource optimization, revealing, "We have recently concluded an extensive review of our US..
2 years ago

Maryland Sees Surge in June Sports Wagering Activity

Latest sports wagering data for June from Maryland has been made public, and it shows strong growth in the retail and mobile betting markets At $3734 million, mobile bets accounted for the majority of Maryland's $3847 million total handle in June Another $113 million was added to the total handling by retail establishments In June, there was a..
2 years ago

Trump to Address Bitcoin Conference in Nashville on July 27

Former President Donald Trump is set to speak at the Bitcoin conference in Nashville, Tennessee, later this month The announcement came from the conference organizers on Wednesday, confirming his appearance on the last day of the event, which runs from July 25-27 Trump will deliver a 30-minute speech at 2 pm CT on July 27 The decision to..
2 years ago
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