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

Tether Halts USDT Minting on Algorand and EOS

The largest stablecoin in the world, Tether, has said that it would no longer be minting its USDT token, which is tied to the dollar, on the Algorand and EOS blockchains This move is a part of a "strategic transition to prioritize community-driven blockchain support," a blog post from Monday stated Tether's goal is to "strike a balance between..
2 years ago

Japan’s Metaplanet Prepares for $6 Million Bitcoin Acquisition

Japan-based investment advisor Metaplanet plans to boost its Bitcoin (BTC) holdings by another $6 million This move aligns with the firm's long-term strategy of increasing its Bitcoin reserves Metaplanet announced its Board of Directors' resolution to purchase Bitcoin worth 1 billion yen ($6 million) The firm stated, "Metaplanet Inc (3350)..
2 years ago

Rapper 50 Cent’s X Account Hacked, $3 Million Stolen as Crypto Scam

A hacker reportedly gained access to rapper 50 Cent’s X account, stealing millions in cryptocurrency through a pump-and-dump scheme Fox Business reports that the scammer exploited the rapper’s 129 million followers to promote a new crypto token known as GUNIT, referencing the hip-hop group he co-founded 50 Cent revealed that the fraudster..
2 years ago

MGM and LeoVegas to Acquire Tipico’s US Operations

MGM Resorts and LeoVegas have struck a significant agreement to acquire Tipico's US sports betting and casino platform The deal covers both the product and technology platform that power Tipico’s online sports betting and casino in the US Neither MGM nor LeoVegas disclosed the financial details of the deal MGM stated that this acquisition..
2 years ago

July Marks Start of Mt. Gox Bitcoin and Bitcoin Cash Repayments

Over ten years after its catastrophic collapse, Mt Gox, the largest Bitcoin exchange in the world, is about to start paying back its creditors In return, the exchange will give back ¥69 billion, or around $432 million, in addition to 142,000 BTC and 143,000 BCH Repayment Details and Timeline In a recent announcement, Mt Gox trustee Nobuaki..
2 years ago

Football Star Ronaldinho Re-enters Crypto Scene Despite Past Controversy

In an X post on June 23, Ronaldinho declared it was time for cryptocurrency to “go mainstream,” urging his followers to join him However, this announcement quickly drew criticism from the crypto community, including on-chain investigator ZachXBT ZachXBT questioned Ronaldinho’s intentions, suggesting the post might indicate financial..
2 years ago

Nigeria Sets 30-Day Deadline for VASPs to Meet New Regulations

The Nigerian Securities and Exchange Commission (SEC) has announced significant updates to digital asset regulations Virtual Asset Service Providers (VASPs) must update their applications within 30 days to comply with the new rules regarding digital asset issuance, offering platforms, exchange, and custody New Regulatory Framework for Digital..
2 years ago

Crypto PAC Fairshake Gains Financial Momentum Ahead of 2024 Elections

Crypto-focused Political Action Committee (PAC) Fairshake is receiving significant financial backing as the US gears up for the next presidential race Major players in the crypto industry are rallying behind the PAC to ensure their interests are represented in upcoming elections Industry Giants Unite for Influence According to CNBC, leading..
2 years ago

Betfred Withdraws from Maryland Sports Betting Market

Betfred has decided to exit Maryland's sports betting scene, as announced during the Maryland Lottery meeting on Thursday The British gambling operator, in partnership with Long Shot’s in Frederick, will cease its retail sportsbook operations on June 30 and shut down its online sportsbook on July 31 This move follows the underperformance of..
2 years ago

Standard Chartered to Launch Bitcoin and Ethereum Trading Desk in London

Standard Chartered, the British banking giant, is set to introduce a Bitcoin (BTC) and Ethereum (ETH) trading desk based in London According to Bloomberg, anonymous sources indicate that the bank is preparing to enter the spot market crypto trading space The new desk is reportedly nearing its launch, although no exact date has been provided This..
2 years ago

Italy Considers Harsher Penalties for Crypto Crimes

Reportedly, Italy is considering raising penalties for cryptocurrency offenses to stop market manipulation Citing a draft order, Reuters reports that the Italian government is considering harsher sanctions for those manipulating the cryptocurrency market The proposed law would levy sanctions for acts including insider trading, unlawful..
2 years ago

Texas Cop Intercepts Large-Scale Bitcoin ATM Fraud

A police officer stopped an ongoing fraud by an individual impersonating a Chase Bank employee in White Settlement, Texas An elderly woman was trying to use a Bitcoin ATM to deposit $40,000 A concerned person called the White Settlement Police Department (WSPD) on June 19 After listening in on the elderly woman's phone chat with the offender..
2 years ago

Coinbase Adds Support for Circle’s Euro-Pegged Stablecoin

Top US-based crypto exchange platform Coinbase has announced the addition of Euro Coin (EURC), a stablecoin pegged to the Euro from Circle, the issuer of USDC According to a new thread on the social media platform X, Coinbase Assets confirmed that support for EURC on the Ethereum network (ERC-20 token) will begin on January 20th Coinbase..
2 years ago

MicroStrategy Buys 11,931 BTC for $786 Million in Latest Crypto Investment

The biggest corporate owner of Bitcoin (BTC), MicroStrategy (MSTR), a software company listed on the Nasdaq, has added another substantial cryptocurrency stake A press release issued Thursday morning stated that the corporation paid $786 million to purchase 11,931 Bitcoin With this acquisition, MicroStrategy now possesses 226,331 Bitcoin tokens in..
2 years ago

Trump Gains $1 Million Each from Winklevoss Twins for 2024 Campaign

Gemini CEO Tyler Winklevoss and his twin brother Cameron Winklevoss, the company's president, have made notable contributions to former President Donald Trump's campaign Each donated $1 million, making them the first major presidential contributions from prominent crypto executives Tyler Winklevoss detailed this in a lengthy post on X Opposition..
2 years ago

Mark Cuban Predicts SEC’s Gensler Might Jeopardize Biden’s 2024 Election Chances

Billionaire investor Mark Cuban recently expressed concerns about the US Securities and Exchange Commission’s (SEC) approach to crypto regulation In an interview with Coinbase chief legal officer Paul Grewal, Cuban highlighted how SEC chairman Gary Gensler's stance on crypto could affect President Joe Biden's re-election bid Regulatory..
2 years ago

India Imposes $2.2M Fine on Binance for AML Non-Compliance

The biggest cryptocurrency exchange in the world, Binance, has been hit with a hefty punishment of almost $22 million (1882 crore INR) for breaking India's anti-money laundering laws This is a significant regulatory step The Financial Intelligence Unit (FIU) of India announced the move on Thursday, signaling a severe response to infractions..
2 years ago

Michigan iGaming and Sports Betting See Growth in May

May's gross iGaming and sports betting earnings for Michigan's commercial and tribal operators came to a total of $2395 million From April, there has been a 2% rise $1986 million was made via iGaming, while $409 million was made from gross sports betting Progressing Consistently in Adjusted Gross Receipts Twenty-six million dollars was the total..
2 years ago

Binance Appeals $4.4 Million Fine Imposed by FINTRAC

A $44 million fine imposed by the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) has been appealed by cryptocurrency exchange Binance Binance Holdings Limited filed a challenge against the FINTRAC director's judgment on June 5 in Canada's Federal Court The complaint focused on the director's claimed violation of legislation..
2 years ago

Andrew Forrest Sues Meta Over Deceptive Facebook Ads

Andrew Forrest, Australia’s second-richest individual, has launched a lawsuit against Meta, the parent company of Facebook, for allegedly allowing deceptive ads that misuse his likeness to promote fake crypto projects and other fraudulent investments These ads, which appeared on Facebook, falsely depicted Forrest endorsing various scam ventures,..
2 years ago
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