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


D.C. Council Advances Competitive Online Sports Betting through Budget Bill

Rather of introducing stand-alone legislation, the local council is thinking of using a budget bill to incorporate competitive provisions in an effort to broaden the online sports betting scene in the District of Columbia The DC council discussed a budget-related measure with changes during a recent meeting; one of the amendments sought to stop..
2 years ago

Circle Expands Web3 Services to Solana with Programmable Wallets and Gas Stations

Circle is enhancing its Web3 Services to support businesses and developers launching on-chain applications The company is introducing its Programmable Wallets and gas stations to the Solana network Circle announced, "With this initial launch of Circle’s Programmable Wallets supporting the Solana ecosystem, we’re excited to empower Solana..
2 years ago

Paxos Reduces Workforce by 20% to Focus on Stablecoin Growth

Paxos, a prominent player in the blockchain space, recently announced a significant reduction in its workforce Co-founder and CEO Charles Cascarilla communicated this decision to employees, explaining it as a strategic move to capitalize on opportunities in the tokenization and stablecoin markets In a message to employees, Cascarilla stated,..
2 years ago

Travala Integrates Toncoin for Enhanced Crypto Travel Bookings

Travala, a leading cryptocurrency-friendly travel booking platform, has announced its integration with the Telegram Open Network (TON) This collaboration allows users to book travel packages using Toncoin (TON) tokens, expanding the platform's payment options Currently, Travala supports a diverse range of payment methods, including popular..
2 years ago

KSA Enforces Penalties on LCS and Blue High House for Illegal Gambling Activities

The Dutch gambling regulator, the Kansspelautoriteit (KSA), has imposed financial penalties on LCS and Blue High House for continuing to operate online games of chance without authorization Despite previous warnings, both operators persisted in offering these services, prompting the KSA to take decisive action LCS has been ordered to pay a..
2 years ago

Blockchain Crimes Surge as Crypto Thefts Hit $19 Billion Since 2011

Cryptocurrency thefts have soared, with nearly $19 billion stolen since 2011 Crystal Intelligence's recent report highlights this alarming trend, revealing 785 incidents of crypto-related crime These include 220 security breaches, 345 decentralized finance (DeFi) hacks, and 220 fraud schemes The most significant theft occurred in 2019,..
2 years ago

Largest Brazilian Bank Expands Crypto Services to All Users

The biggest bank in Latin America, Itaú Unibanco, has expanded its cryptocurrency trading offerings on its investing platform, Íon Currently, all it takes to trade Bitcoin (BTC) and Ethereum (ETH) is to download the Íon app Guto Antunes, the director of Itaú Digital Assets, provided an explanation of the bank's decision in a recent..
2 years ago

PrizePicks Introduces The Esports Lab

Operator of daily fantasy sports (DFS) PrizePicks has unveiled The Esports Lab, their newest project that aims to serve as a unique reference center for new fantasy sports fans Users can access live matches, instructional materials, and statistics for a range of sports, including well-known video games like League of Legends, Dota 2, and CS2,..
2 years ago

ICBC Labels Bitcoin “Digital Gold” and Ethereum “Digital Oil” in New Report

The Industrial and Commercial Bank of China (ICBC), the world's largest bank, has recognized Bitcoin (BTC) as "digital gold" and Ethereum (ETH) as "digital oil" in a recent report Matthew Siegel, VanEck’s head of digital assets, shared the report, which praises these top cryptocurrencies by market cap and highlights their significant roles in..
2 years ago

Binance Labs Invests in AI-Powered Blockchain Startup Zircuit

Binance Labs, the venture capital arm of the world's largest cryptocurrency exchange, is advancing its integration of artificial intelligence (AI) with blockchain technology through a significant investment in Zircuit This new Layer-2 (L2) network, designed with AI-enabled “sequencer level” security, aims to enhance blockchain scalability and..
2 years ago

Authorities Move to Seize $200K in Tether from Cryptocurrency Scam

In relation to a $11 million pig-butchering scheme, the United States has filed a forfeiture lawsuit to recover roughly $200,000 worth of USDT stored on Binance The purpose of this action is to recover money connected to two fraudulent schemes that defrauded an unnamed victim of a sizable amount Court documents from the District Court of..
2 years ago

BETER Partners with Sporty Group to Expand in Emerging Markets

A strategic agreement has been established between BETER, a leading supplier of next-generation betting content and analytics, and Sporty Group, the proprietors of the well-known SportyBet platform and brand Through the integration of BETER's exciting esports and sports contests, this partnership seeks to improve SportyBet's offers Users of..
2 years ago

Playson Expands in Italy Through Sportbet Partnership

Playson, a well-known provider to the iGaming sector, has partnered with Sportbet to greatly increase its presence in Italy Through this partnership, Sportbet can now provide a selection of Playson's high-end casino games, expanding their selection of games Playson's well-known Hold and Win games, including as Lion Gems, Coin Strike, and Energy..
2 years ago

EU Innovation Hub’s Report Highlights Challenges of Cryptocurrency Encryption

Data encryption is crucial for balancing individual privacy with collective security However, cryptocurrency mixing protocols may struggle to gain acceptance in European legislation The EU Innovation Hub, a collaborative effort involving various European Union agencies and member states, has released its first report..
2 years ago

Zipmex Loses License During SEC Crackdown

As a result of many regulatory infractions, the Thai Securities and Exchange Commission (SEC) has revoked the business license of Thai cryptocurrency exchange Zipmex Following persistent worries about Zipmex's financial instability and poor management, this firm action was taken The SEC declared on June 11 that Zipmex's license was revoked due..
2 years ago

Maryland Reports Strong Sports Betting Figures for May

Maryland's sports betting data for May was made public, and it showed an astounding $4315 million in bets made throughout the state This high number highlights the state's increasing interest in sports betting The state's Blueprint for Maryland's Future Fund received a contribution of around $7 million from sports betting activities in Maryland..
2 years ago

New York’s Mobile Sports Betting Sees Record Numbers in May

The New York State Gaming Commission released its May mobile sports betting data, which showed a handle of about $2 billion The Empire State's betting industry has grown significantly, as seen by this number, which is up more than $8 million from April May's handle is among the largest since the market for mobile sports betting was introduced..
2 years ago

Illinois Gaming Board Renews Retail Seven Sports Betting Licenses

In a significant move, the Illinois Gaming Board has renewed seven retail sports betting licenses, marking the first renewals since operators began accepting wagers in March 2020 Administrator Marcus Fruchter, exercising his expanded powers granted post-COVID-19, extended these licenses for another four years, valid through June 2028 The..
2 years ago

Coinbase Introduces Innovative Metric to Measure Blockchain Adoption

The top cryptocurrency exchange in the US, Coinbase, has recognized the need for a more precise way to gauge actual blockchain adoption than the measures now in use Coinbase has emphasized in a blog post the difficulties in monitoring the growth of the blockchain ecosystem as additional apps are released Issues like spam and Sybil attacks,..
2 years ago

Nirmala Sitharaman Reappointed as India’s Finance Minister

Indian Prime Minister Narendra Modi has reappointed Nirmala Sitharaman as Finance Minister, continuing her tenure that began in 2019 Sitharaman, who presented her sixth budget earlier this year, has been instrumental in directing India’s economic policies and reforms A significant concern among Indian cryptocurrency investors is the stringent..
2 years ago