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


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

SEC Ends Investigation Into Consensys, Ether Price Rises

The price of ether (ETH) rose after the US Securities and Exchange Commission (SEC) concluded its investigation into Consensys, the technology incubator behind the MetaMask wallet The SEC confirmed it would not recommend any enforcement actions against the company On Tuesday, the SEC sent letters to Consensys' law firms, stating, "We have..
2 years ago

Laser Digital Secures Broker License in Abu Dhabi

Nomura’s cryptocurrency arm, Laser Digital, has received a broker license for both traditional and digital assets in the Abu Dhabi region This marks a significant milestone for the company, expanding its services in a key financial hub The Financial Services Regulatory Authority of Abu Dhabi approved a Financial Services Permission (FSP)..
2 years ago

FanDuel Warns D.C. of Possible Exit Over New Sports Betting Budget

Chairman of the DC City Council Phil Mendelson has received a warning from FanDuel president Christian Genetski over the possibility of terminating the company's agreement with the city for its sports betting platform This warning was contained in a letter that was given out prior to lawmakers passing the 2025 budget, which has provisions to..
2 years ago

Cleanspark Boosts Mining Operations with $25.8 Million Georgia Facility Acquisition

Cleanspark Inc will purchase five additional bitcoin mining facilities in Georgia for $258 million By the end of the month, the company's operating hashrate will have increased to above 20 EH/s thanks to this calculated action, which is anticipated to shut shortly When fully operational, the recently purchased facilities, which range in size..
2 years ago

Ripple’s $10 Million Settlement Rejected by SEC, Deemed Insufficient

The US Securities and Exchange Commission (SEC) has pushed back against Ripple’s attempt to lessen its fines Last week, Ripple highlighted the SEC’s recent $447 billion settlement with Terraform Labs to argue against the severity of their own penalties Ripple, a San Francisco-based payments company, referenced the Terraform Labs settlement..
2 years ago

Coinbase’s Brian Armstrong Aims to Revolutionize Personal Finance

Coinbase CEO Brian Armstrong envisions the leading US crypto exchange platform becoming customers' go-to financial account In a recent interview with CNBC Television, Armstrong outlined plans to introduce features that could entice customers to favor Coinbase over traditional bank accounts Armstrong emphasized the potential of digital money and..
2 years ago

Bitwise Predicts $20 Trillion Boost from Crypto-AI Merger

A merging of crypto and artificial intelligence (AI) technology could inject a $20 trillion boost into the global economy, according to asset management giant Bitwise Juan Leon, Bitwise’s senior crypto research analyst, highlights the transformative potential of integrating crypto and AI In a new report, Leon claims that the impact of this..
2 years ago

Tether Launches New Digital Asset Backed by Gold

The firm behind the largest stablecoin by market cap, Tether, is launching a new digital asset backed by real gold This new product, named aUSDT, is a significant addition to Tether’s offerings Tether, the issuer of USDT, announced aUSDT, a digital asset backed by over-collateralized Tether Gold (XAUT) According to the press release, aUSDT is..
2 years ago

VanEck Bitcoin ETF Approved for ASX Listing

According to a recent blog update, the Australian Securities Exchange (ASX) has approved the VanEck Bitcoin ETF for listing on June 20 VanEck, a major money manager, announced that its offering would be Australia's lowest-cost Bitcoin (BTC) ETF VanEck has pursued a spot BTC ETF in Australia since 2021, becoming the first entity to apply for..
2 years ago

MLB Suspends Umpire Pat Hoberg for Gambling Policy Violation

Major League Baseball (MLB) announced on Friday, June 14, that it has disciplined umpire Pat Hoberg for violating the league's sports gambling policy Hoberg has appealed the decision While the exact penalty details remain undisclosed, Hoberg has not officiated any games this season MLB's statement clarified that Hoberg did not manipulate games..
2 years ago

Stake Partners with BetBlocker to Enhance Responsible Gambling

Stake, a leading online crypto casino and sportsbook, has announced a collaboration with BetBlocker BetBlocker is a non-profit organization that offers free and anonymous software to help individuals manage and control their gambling As part of its commitment to a safer gambling environment, Stake is integrating BetBlocker’s software into its..
2 years ago

FanDuel Sports Betting Handle in D.C. Skyrockets by 450% in First Month

FanDuel, a major player in the US gambling industry, reported $49 million in revenue during its first full month of operation in Washington, DC In May, the company took $297 million in bets, marking a significant increase of 450% compared to the $54 million wagered in the same month last year with GambetDC, the previous operator under the..
2 years ago

Deutsche Telekom to Mine Bitcoin After Running Nodes

At the BTC Prague conference, Deutsche Telekom’s subsidiary T-Systems MMS announced it is running both a Bitcoin node and a Lightning Network node The company also plans to start mining Bitcoin Dirk Röder, Web3 lead at T-Systems MMS, disclosed that the firm has been operating these nodes since 2023 He emphasized that T-Systems MMS has..
2 years ago

Forbes Names Changpeng Zhao as 24th Richest Person Worth Over $56 Billion

A report by Forbes reveals that former Binance CEO Changpeng Zhao is now the 24th richest person in the world, largely due to his significant BNB token holdings Zhao holds an impressive 64% of Binance’s BNB token supply This translates to about 94 million coins, valued at over $56 billion at current market prices The report also highlights..
2 years ago