Peter Siu

Peter Siu

iGaming.org Editor/Team Leader
Peter is a former poker-pro, turned crypto enthusiast with 8+ years’ experience in operational roles dealing with all online gaming verticals within large iGaming companies, including Flutter and Entain. Now an expert in the field of Sports Betting, Casino, iGaming, and Poker, he is our team leader and editor. When not working, Peter can be found in the gym or playing sports like football, tennis and more recently padel.

EXPERTISE

  • Crypto
  • Poker
  • iGaming
  • Casino

Peter's latest articles

DeFi Protocol Backd Raises $3.5M in Latest Funding Round

On June 7, Backd, a reactive liquidity decentralized finance (DeFi) protocol, announced the raise of $356 million in its latest funding round led by Advanced Blockchain AG Notable investors included Spartan Group, Maven 11, Struck Crypto, Apollo Capital and Divergence Ventures The raise represents a key milestone for the protocol in bringing..
4 years ago

SEC Chairman Cautions for ‘Too Good to Be True’ Crypto Products

The Chairman of the US Securities and Exchange Commission (SEC), Gary Gensler, is cautioning investors last week about crypto lending platforms with products that seem too good to be true As reported by Reuter, the regulator’s warning comes after crypto lender Celsius Network’s froze withdrawals early last week, thereby setting off a..
4 years ago

Gaming Firm Admix Merges with LandVault and hits $300M Valuation

Admix, a gaming company specialized in in-game product placements, has merged with LandVault, the metaverse’s largest construction company, thereby attaining a $300 million valuation The companies made the announcement on Monday, adding that the merged entity will continue under the brand LandVault Founded in 2018, Admix growing list of..
4 years ago

“Bitcoin Can Still go 5x and Break $100,000 This Year”

Despite its latest setback, flagship cryptocurrency Bitcoin (BTC) could still see a 5x increase in price by the end of the year, breaking the magical $100,000 barrier This according to chief executive officer, of blockchain technology company Blockstream, Adam Back The CEO told his 450k+ Twitter audience that a macro environment benovelent to..
4 years ago

El Salvador’s President on Bitcoin Investments; Did He Buy the Dip Again?

El Salvador’s ‘Bitcoin President’, Nayib Bukele, has recently commented about his country’s Bitcoin (BTC) investments amidst the latest heavy sell-offs Since El Salvador made Bitcoin legal tender alongside the US dollar in September last year, the country has purchased 2,301 bitcoins Despite being a notorious dip buyer, after..
4 years ago

Bitcoin Recovers Past $20K On Sunday, Ethereum Rises Above $1,100

Sunday afternoon, Bitcoin (BTC) jumped past $20,000, recording close to 17% gains to Saturday’s losses, hitting $20,683 a coin according to CoinMarketCap The new rally comes just one day after the largest cryptocurrency by market capitalization tanked below $20,000, touching a low of $17,721, its lowest price since November..
4 years ago

Mike McGlone Explains Why A $20,000 Bitcoin Could Be the New $5,000

Bloomberg’s senior commodity analyst, Mike McGlone, is putting his bets on Bitcoin’s $20,000 range to act as the new price floor, similar to what $5,000 has represented in the past According to the analyst, based on a series of moving averages, the flagship cryptocurrency is coming close historically “too-cold” price levels, based on a..
4 years ago

Worries Continue as Bitcoin Price Drops Below $18,500

On Saturday Bitcoin’s price dropped below the $18,500 price level, not being able to bounce back to the $20,000 to $23,000 range The latest tank is significant as Bitcoin’s price breached an important level, Bitcoin’s all-time high from the previous crypto cycle, which usually play out over a period of a few months to two years During..
4 years ago

Michael Saylor Confirms Bitcoin Margin Loan of $2.2B is Well Managed

MicroStrategy CEO and notorious Bitcoin bull, Michael Saylor, has responded to rumors that some of the firm’s Bitcoin (BTC) holdings purchased using debt are at risk of liquidation Speaking with CNBC's SquawkStreet on Wednesday, Saylor said that because the Bitcoin position MicroStrategy acquired using debt is properly collateralized, a..
4 years ago

FTX Crypto Exchange to Launch in Canada With Bitvo Acquisition

Leading cryptocurrency exchange FTX is set to acquire Canadian trading platform Bitvo after it reached an agreement, thereby gearing up for its entry to the Canadian market According to a press release issued on Friday, the deal will be completed in the third quarter of 2022 pending the needed regulatory approval FTX CEO, Sam Bankman-Fried,..
4 years ago

Immutable Launches $500M Investment Fund for Web3 Games

NFT scaling platform Immutable released a statement on Friday, announcing the launch of a $500 million venture fund focused on Web 3 games and NFT projects The fund will be collaborating with notable crypto and gaming investors including BITKRAFT, Animoca Brands, Arrington Capital, Double Peak, Airtree, King River Capital and GameStop The..
4 years ago

ProgressPlay Launch Dedicated Responsible Gambling Team

White-label and turnkey provider ProgressPlay, recently shortlisted by the prestigious EGR B2B Awards, has announced an investment in their Responsible Gaming Team as well as in new tools to enhance the company's offering in this key area Responsible Gambling is a high priority under ProgressPlay's senior management team and the company works..
4 years ago

USDC Issuer Circle Launches New Euro-Pegged Stablecoin EUROC

USD Coin (USDC) The issuer of the USDC stablecoin, Circle, has revealed the launch of a new Euro-pegged stablecoin Announced in a new company blog post, Circle said that its Euro Coin (EUROC) will be launching June 30th on leading smart contract platform Ethereum (ETH) To ensure EUROC is always redeemable 1:1, the EUROC stablecoin will be..
4 years ago

Lawsuit Filed Against Elon Musk, Spacex, Tesla Over Dogecoin

Elon Musk, Tesla, and Spacex have been taken to court for $258 billion over claims that they “are engaged in a crypto Ponzi scheme by way of Dogecoin cryptocurrency” Musk and his companies allegedly “falsely and deceptively claim that dogecoin is a legitimate investment when it has no value at all” On Thursday Bloomberg reported that a..
4 years ago

Animoca Brands Acquires Most of Educational Platform TinyTap for $38.9M

Hong Kong based investor in non-fungible tokens (NFT) and decentralized gaming, Animoca Brands has taken an 841% stake in TinyTap, an educational content technology company The firm put down $3888 million in cash and shares to realize the acquisition according to a press release TinyTap’s platform was founded in 2012 and enables educators..
4 years ago

Garlinghouse Confident About Crypto, “Slow and Steady Wins the Race”

Brad Garlinghouse, CEO of Ripple Labs, remains optimistic about the crypto industry and prospects amidst the current bear market Addressing the latest developments in crypto space, Garlinghouse tells his 635K Twitter followers that despite a short term shrinking of the market, the future is still looking bright will “shrink” over the short..
4 years ago

Binance Hiring for 2000 Roles While Competition Lets Go of People

While its competition is aggressively letting go of its workforce, the world’s largest cryptocurrency exchange Binance is hiring up to two thousand new employees Binance CEO, Changpeng ‘CZ’ Zhao, made the announcement himself: “It was not easy saying no to Super bowl ads, stadium naming rights, large sponsor deals a few months ago,..
4 years ago

Bitcoin Fundamentals Remain Strong, Anthony Pompliano Says

In a new interview with Fox Business, Morgan Creek Digital co-founder and host of ‘The Business Show’ podcast, Anthony ‘Pomp’ Pompliano, sheds some light on the state of Bitcoin (BTC) after recently reaching a new 12 month low Despite Bitcoin’s immense price drop losing nearly two thirds of its value, fundamentals remain strong,..
4 years ago

Playful Studios Raises $46M for Gaming Subsidiary The Wildcard Alliance

Independent game studio, Playful Studios, has raised $46 million in a Series A funding round for its new Web 3 subsidiary called The Wildcard Alliance The funding round was led by crypto native investment giant Paradigm and included participation from Griffin Gaming Partners, Polygon and venture capitalist Sabrina Hahn The subsidiary will..
4 years ago

Consumer Interest in Crypto Remains Strong, Bank of America Says

Consumer interest in cryptocurrencies is still strong This is what Bank of America (BAC) said in a report on Monday, amidst a volatile Q2 and bloody correction this week A survey conducted by the bank which included of 1,000 existing and potential users of cryptocurrency and digital-asset exchanges, found that 91% of respondents have intentions..
4 years ago
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