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

Nigeria’s SEC Defines All Digital Assets as Securities in Updated Rulebook

The Securities and Exchange Commission of Nigeria published a new rulebook over the weekend, in which it describes a digital asset as a token that represents assets such as a debt or equity claim on the issuer, and thus by default is under the purview of the regulator The Nigerian SEC’s “New Rules on Issuance, Offering Platforms and Custody..
4 years ago

Indian Central Bank Says Cryptos Could Lead to “Dollarization” And Harm the Indian Rupee

According to a Press Trust of India report, top officials of India's central bank told a parliamentary committee on finance that cryptocurrencies can cause "dollarization" of a part of the economy which effectively would be against the country's sovereign interest "Almost all cryptocurrencies are dollar-denominated and issued by foreign..
4 years ago

It is Time to Redefine Stablecoins, FTX CEO Sam Bankman-Fried Says

Sam Bankman-Fried, founder and CEO of Bahamas headquartered cryptocurrency exchange, FTX, reflected on the future of stablecoins after the past week’s carnage involving TerraUSD (UST) and Terra (LUNA) According to Bankman-Fried who took to Twitter, the so-called stablecoins need to have separate and clearly refined definitions as there is too..
4 years ago

US, UK, Canada, Australia, Netherlands Crypto Data Reveals a Possible $1B Ponzi Scheme

Tax enforcement officials from the Joint Chiefs of Global Tax Enforcement (J5) countries met in London this week where representatives from the US, UK, Australia and the Netherlands shared intelligence and data on illegal cross-border crypto activity During the meeting, more than 50 crypto-related criminal leads were identified, as reported by..
4 years ago

Terra Blockchain Resumes After Halt, Biding Time

Following a halt of around nine hours while validators plotted a way out of its ongoing crisis, the Terra blockchain has resumed activity Slightly after 3:00 UTC Friday the blockchain was stopped at block 7607789 Blocks 7607790 and 7607791 then followed at around 11:27 UTC Terraform Labs, the company behind the Terra..
4 years ago

“Keep Calm and Carry On”, Market Will Recover Leading to Huge Opportunities

Macro guru and Real Vision CEO Raoul Pal sees the crypto market coming close to its bottom after a tumultuous week where Bitcoin (BTC) dropped and stayed below $30,000 for most of the time Although the prices of crypto assets remain unstable, the former Goldman Sachs executive explains to his nearly one million Twitter followers why the..
4 years ago

Chainalysis Raises $170M Leading to $8.6 Billion Valuation

Crypto risk intelligence company Chainalysis on Thursday said it raised $170 million in a funding round that makes it a $86 billion valued business Led by GIC, the Series F round included participation from Accel, Blackstone (BX), Dragoneer, Bank of New York Mellon (BK) and others The last time the firm opened an investment round it brought..
4 years ago

FTX CEO Sam Bankman-Fried Takes 7.6% Stake in Robinhood

The CEO of crypto exchange FTX, Sam Bankman-Fried, has recently taken a sizable position in Robinhood (HOOD) According to a Securities and Exchange Commission filing, ‘SBF’ has bought 56 million shares of the popular trading app on May 2 The purchase was made through an Antiguan firm called Emergent Fidelity Technologies Ltd The..
4 years ago

“Cardano’s Charles Hoskinson Thinks Latest Reactions to Crypto Market Crash Are “Too Much”

In a new video update, Cardano (ADA) founder Charles Hoskinson said that the turmoil around the latest crypto market crash is overreacted, and that substantial correction are simply part of the game While newer investors seem to be struck with panic and are consequently making losses, Hoskinson sees seasoned investors seem unmoved by recent..
4 years ago

Lighthouse Raises $7M to Be the ‘Google’ of the Metaverse

Amidst booming interest in virtual worlds, Web 3 startup Lighthouse has raised $7 million in a seed round to build out “the search engine of the open metaverse” The round was by co-led by Animoca Brands, Accel, BlockTower and with participation from White Star Capital, Sparkle Ventures and Gemini Frontier Fund, among others The funding..
4 years ago

Tether’s USDT Briefly Loses $1 Peg

Amid poor sentiment for stablecoins after Terra’s UST debacle, the tether (USDT) stablecoin lost its 1:1 peg for some time on Thursday, dropping to as low as 95 cents for a moment, after re-establishing itself quick enough Traders had been selling USDT for US dollars after the algorithmic stablecoin UST depegged to as low as 22 cents from its..
4 years ago

Coinbase Suspends Services in India Due to “Informal Pressure” From Central Bank

Nasdaq-listed cryptocurrency exchange Coinbase has ended its operations in India just a few days after launching on April 7 Elaborating on the reasons why, CEO Brian Armstrong pointed to “informal pressure” from the country’s central bank, the Reserve Bank of India (RBI) Speaking during his company’s Q1 earnings call on Tuesday,..
4 years ago

Citi, Wells Fargo, BNY Mellon And Others Invest $105 in Digital Asset Provider Talos

Major financial institutions, including Citi, Wells Fargo, and BNY Mellon, have joined a funding round for institutional digital asset technology provider Talos, which aims to remove “the barriers to wide-scale crypto adoption” With the raise of $105 million, the Series B funding round values Talos at $125 billion The announcement..
4 years ago

GameFi Ready to Overtake DeFi?

Decentralized finance (DeFi) is about to be overtaken by blockchain games as the number one contributor to decentralized application (DApp) activity in terms of uniquely active wallets A new 18-page report by DappRadar reveals that although still far behind the traditional gaming industry, blockchain games, also referred to as GameFi, have seen..
4 years ago

Crypto Exchange KuCoin Raises $150 Million At A $10 Billion Valuation

Cryptocurrency exchange KuCoin announced on Tuesday it has successfully raised $150 million in funds in a pre-Series B financing round The latest funding which brings the company’s valuation to $10 billion saw participation from investors including Jump Crypto, Circle Ventures, IDG Capital, and Matrix Partners Kucoin will use the proceeds..
4 years ago

U.S. Federal Reserve Concerned About Stablecoins Vulnerability

The US Federal Reserve is expressing concerns about cryptocurrency stablecoins and brings forward more viable alternatives such as government backed assets In a recently issued report, the Fed discusses financial stability in a broader scope and identifies a number of risks associated with stablecoins Although stablecoins are advertised as..
4 years ago

Coinbase’s Reports Significant Drop in Q1 Results

Coinbase Global (COIN) first-quarter revenue was announced on Tuesday, missing analyst estimates, as its overall trading volumes dropped 44% from the last quarter As analysts' average estimate was $15 billion in revenue for the first quarter, the Nasdaq-listed crypto platform fell short significantly with only $117 billion To make matters..
4 years ago

Panama Might be Next to Adopt Bitcoin as Legal Tender, Former Blockstream Executive Predicts

Longtime Bitcoin (BTC) proponent and former Blockstream executive, Samson Mow, in an interview with Kitco News, said that there will be other countries in the coming years following the example of El Salvador and the Central African Republic in making Bitcoin legal tender Mow specifically referred to one country who he thinks is on the verge of..
4 years ago

Mark Zuckerberg Kicks Off Instagram’s NFT Integration Pilot

In a video on Monday, Meta (FB) CEO Mark Zuckerberg said that Instagram will start a pilot with non-fungible token (NFT) integrations this week The news already leaked in the weekend prior to the official announcement, with the supported blockchains being Ethereum, Polygon, Solana and Flow Although Zuckerberg did not share details on which..
4 years ago

Play-to-Earn Game Nyan Heroes Raises $7.5 Million

Singapore-based play-to-earn game Nyan Heroes has recently raised $75 million in a strategic funding round, leading to a company valuation of $100 million According to a press release on Monday, the funds will be used for further game development by hiring additional people The company will also invest in community outreach..
4 years ago
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