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

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financial instability and poor management, this firm action was taken The SEC declared on June 11 that Zipmex's license was revoked due..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

Bakkt Holdings Explores Strategic Options Between Crypto M&A Boom

Bakkt Holdings Inc, the digital asset marketplace founded by Intercontinental Exchange Inc (ICE), is contemplating a potential sale as mergers and acquisitions surge in the crypto sector According to Bloomberg reporters Matthew Monks, David Pan, and Gillian Tan, Bakkt has enlisted a financial advisor to assess strategic options, including a..
2 years ago

BetConstruct Wins Digital Sports Betting Supplier of the Year

At the Global Gaming Awards Asia-Pacific 2024, BetConstruct won the Digital Sports Betting Supplier of the Year title This recognition demonstrates the company's dedication to quality and innovation in the sports betting sector Operators may enjoy unmatched freedom and customization with BetConstruct's cutting-edge Sportsbook solution While..
2 years ago

New York Attorney General Sues Crypto Firms Over Alleged $1 Billion Pyramid Scheme

Attorney General Letitia James of New York has brought legal action against two cryptocurrency companies, NovaTech and AWS Mining, alleging that they ran a $1 billion pyramid scam that tricked hundreds of thousands of people, eleven thousand of whom were residents of New York Prayer groups, social media, and WhatsApp discussions are said to..
2 years ago

FTX Bankruptcy Reorganization Plan Faces Pushback from Creditors

FTX's bankruptcy reorganization plan has been rejected by a group of creditors chaired by Sunil Kavuri They gave several reasons for their rejection, including the belief that the settlement does not benefit creditors The creditors contend that receiving payment in cash would incur further expenses for them They suggest an alternate course of..
2 years ago

Integrity Concerns Threaten Popularity of US Professional Sports

Recent controversies in US professional sports have raised serious concerns about the integrity of the games The suspension of Raptors' forward Jontay Porter and the involvement of Ippei Mizuhara, the long-time interpreter of Japanese baseball star Shohei Ohtani, in a $17 million theft, have added to the worries CNN has reported that these issues..
2 years ago

NBA Official Pushes for Uniform Gambling Laws

Mark Tatum, the NBA's deputy commissioner and chief operating officer, advocates for a strong federal regulatory framework for legalized gambling in the United States His comments came a day after a New York man was charged in a sports betting scandal that resulted in a lifetime ban for former Toronto Raptors center Jontay Porter Although Tatum..
2 years ago

Ethereum ETF Launch Date Determined by Issuers Not SEC, Says Gensler

The licensing of spot Ether exchange-traded funds (ETFs) in the US may depend on issuers' reaction to SEC comments, according to Gary Gensler, Chair of the Securities and Exchange Commission (SEC) According to Gensler, the approval of Ether ETFs depends on how soon issuers respond to SEC comments Contrary to earlier rumors, the SEC does not..
2 years ago

Semler Scientific Boosts Bitcoin Holdings with $17 Million Purchase

Semler Scientific, a healthcare technology company located in Santa Clara, has continued its strategic approach to Bitcoin investing by purchasing an additional 247 BTC for $17 million in cash This move was made to protect against inflation concerns With this most recent acquisition, Semler Scientific now owns 828 Bitcoin, having paid a total..
2 years ago

New Arrests Shake NBA Betting Scandal

Important participants in a recent NBA betting scam, Timothy McCormack and Mahmud Mullah, were freed on a $50,000 bail every Thursday morning Federal investigators had questioned them as early as May 30, according to the lawsuit Alleged wagers on games featuring former Toronto Raptor Jontay Porter are at the heart of the controversy Porter is..
2 years ago

Robinhood to Acquire Bitstamp Despite SEC Scrutiny

Retail trading giant Robinhood is set to acquire the crypto exchange Bitstamp for $200 million, even as it navigates legal challenges from the US Securities and Exchange Commission (SEC) The acquisition underscores Robinhood's ambitions to expand its crypto business Robinhood's purchase of Bitstamp, a well-established crypto exchange founded in..
2 years ago

GameStop Shares Skyrocket as Keith Gill Updates Massive Bet

GameStop (GME) shares saw a sharp increase on Thursday, evoking memories of the 2021 stock market mania Important retail trader Keith Gill, sometimes referred to as RoaringKitty or DeepF--kingValue, caused a huge commotion in the market when he revealed an update on his sizeable investment in the struggling video shop As per a snapshot shared..
2 years ago

Kraken Eyes $100 Million Fundraising Ahead of IPO

Kraken is reportedly seeking to raise approximately $100 million in preparation for an initial public offering (IPO), according to sources cited by Bloomberg Insiders suggest the funding round could be finalized by the end of the year, positioning Kraken for a significant financial move Being a major participant in the cryptocurrency space,..
2 years ago

GamCare Urges Employers to Support Staff During Euro 2024

GamCare is urging companies to establish safe places where staff members may talk about gambling addiction and get the help they need as Euro 2024 draws near The group stresses the value of workplace campaigns to address gambling-related problems, particularly while big athletic events are taking place Samantha Turton, head of remote support..
2 years ago

NBA Forward Jontay Porter Faces Lifetime Ban Over Illegal Gambling Scandal

Unexpectedly, former Toronto Raptors player Jontay Porter is now embroiled in an NBA issue that has shocked the league Porter's involvement in unlawful gambling operations, such as betting on NBA games and giving other bettors exclusive information, has resulted in a lifetime suspension from the league The illegal actions involving Porter are..
2 years ago
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