Bio
Saqib is COO and co-founder at A47 AI, where he runs operations and leads the prediction-markets initiative. He covers crypto, Web3, and the decentralization of the sport and entertainment economy.
Editorial Responsibility
As A47's prediction-markets and crypto editor, I am responsible for our coverage of these markets and Web3 — ensuring it is grounded in real product, data, and revenue rather than speculation.
Previous experience · 14+ years
- · WPP Media (GroupM PK, Wavemaker PH)
- · MYCO
- · ARY Digital Network
Education
MBA Marketing, SZABIST
Areas of expertise
Categories overseen
Stories from Saqib Pathan’s desk
8425 stories- Economy· World
Oil prices surge to highest levels since June amid market speculation
Oil prices have risen for the fifth consecutive day, with Brent crude reaching $96.49. This increase is driven by market speculation and potential supply constraints, prompting analysts to closely monitor the situation. The long-term implication may involve increased volatility in global markets and higher fuel costs for consumers and businesses alike.
3 sourcesJul 25
- Business· UAE
Aldar Properties launches Dh100 billion Marsa Al Saadiyat development in Abu Dhabi
Aldar Properties has unveiled the Marsa Al Saadiyat, a significant mixed-use waterfront development in Abu Dhabi valued at Dh100 billion. This initiative is driven by the emirate's strategy to enhance its luxury property and tourism sectors at this moment of economic growth. The long-term implication is that this project will solidify Abu Dhabi's status as a premier global destination for luxury tourism and attract international investment.
3 sourcesJul 25
- Crypto· World
Satsuma shareholders approve liquidation of bitcoin holdings and delisting from London Stock Exchange
Satsuma shareholders have overwhelmingly voted to liquidate the company's bitcoin holdings and delist from the London Stock Exchange following significant financial losses. This decision comes as the company faces severe financial distress, with shareholders set to receive only a fraction of their initial investments. The long-term implication may signal a cautionary trend for other cryptocurrency companies navigating a volatile market.
3 sourcesJul 25
- Crypto· World
Digital Chamber Sues Illinois Over 0.2% Tax on Cryptocurrency Transactions
The Digital Chamber has filed a lawsuit against Illinois officials challenging the state's newly enacted 0.2% tax on digital asset transactions. This legal action is prompted by the association's claim that the tax discriminates against digital asset users and violates constitutional protections. The outcome of this lawsuit could set a precedent for how states regulate cryptocurrency transactions in the future.
3 sourcesJul 25
- Crypto· World
Franklin Templeton advocates for blockchain integration in AI-driven commerce
Franklin Templeton has announced that the rise of autonomous AI agents will significantly increase the demand for blockchain technology in commerce. This shift is occurring now as industry leaders recognize the potential of cryptocurrencies to facilitate transactions in an evolving financial landscape. In the long term, this convergence of AI and blockchain could disrupt traditional financial systems and create new opportunities for innovation in financial transactions.
3 sourcesJul 25
- Crypto· World
Balance Coin collapses over 99% following security exploit draining $912,000
Balance Coin, an algorithmic stablecoin on the BNB Chain, experienced a catastrophic collapse, losing over 99% of its value due to a security exploit. The immediate trigger was an attacker manipulating a price oracle, which allowed unauthorized minting and swapping of the coin, draining approximately $912,000 in collateral. This incident underscores the vulnerabilities in decentralized finance systems and may lead to increased scrutiny and regulatory measures for stablecoins in the future.
4 sourcesJul 25
- Crypto· World
Tesla reports $112 million Bitcoin impairment loss while maintaining holdings
Tesla has reported a $112 million impairment loss on its Bitcoin holdings but has opted not to sell any of its 11,509 BTC. This decision comes as Bitcoin's value has declined approximately 14% during the quarter, prompting many companies to liquidate their cryptocurrency assets. Tesla's steadfast approach may influence other corporations' strategies regarding cryptocurrency holdings in volatile markets moving forward.
4 sourcesJul 25
- Crypto· World
Payward expands xStocks platform to include international tokenized equities
Payward has announced the expansion of its xStocks platform to include tokenized equities from Hong Kong, the UK, Europe, and South Korea. This strategic move is driven by the growing demand for on-chain equities and aims to enhance access to global stock markets. In the long term, this expansion could reshape investor access to equities and intensify competition in the tokenized equity market.
3 sourcesJul 25
- Crypto· World
Zilliqa suspends ZIL transactions due to Ledger app vulnerability
Zilliqa has halted native ZIL transactions following the discovery of a critical vulnerability in the Ledger app that has exposed private keys since 2019. This security flaw has prompted Upbit to place ZIL under cautionary trading status, reflecting immediate concerns over user security and market confidence. In the long term, this incident may lead to increased scrutiny and improvements in cryptocurrency security practices across the industry.
3 sourcesJul 25
- Crypto· World
SEC Settles Lawsuit with Coinbase Over Lost Text Messages for $150,000
Coinbase has settled its lawsuit against the SEC for $150,000 after the agency acknowledged losing nearly 11 months of text messages from former Chair Gary Gensler. This settlement arises from a two-year dispute regarding the SEC's record-keeping practices and the implications of the lost messages on regulatory oversight of Ethereum. The outcome may lead to reforms in SEC record-keeping policies and influence future interactions between cryptocurrency firms and regulatory bodies.
5 sourcesJul 25
- Crypto· World
S&P and Pantera Capital Launch New Crypto Index Excluding Bitcoin
S&P Dow Jones Indices and Pantera Capital have introduced an 18-asset crypto index that focuses on protocol revenue rather than market capitalization. This shift is occurring now to provide institutional investors with a more disciplined investment approach amidst growing concerns over speculative practices in the crypto market. The long-term implication is that this index could reshape investment strategies in the cryptocurrency space, attracting more institutional interest based on measurable economic performance.
4 sourcesJul 25
- Crypto· World
Bitcoin price drops below $64,700 amid regulatory uncertainty and rising oil prices
Bitcoin's price has fallen nearly 2% to below $64,700, resulting in a loss of approximately $20 billion in market capitalization. This decline is triggered by stalled discussions surrounding the CLARITY Act and rising oil prices, which have dampened market sentiment. As regulatory clarity remains elusive, Bitcoin is likely to continue facing volatility influenced by broader economic conditions and market sentiment.
3 sourcesJul 25
- Crypto· World
Bitcoin price drops below $65,000 amid rising oil prices and U.S.-Iran tensions
Bitcoin's price has fallen below the critical support level of $65,000 due to escalating geopolitical tensions related to Iran and surging oil prices. The immediate trigger for this decline is the recent surge in Brent crude oil prices, which reached $97.66, impacting market sentiment. In the long term, traders will closely monitor Bitcoin's ability to maintain support levels as they assess the potential for significant price movements influenced by ongoing geopolitical and economic factors.
6 sourcesJul 25
- Crypto· World
Grayscale Indicates Bitcoin May Have Reached Bottom Amid Fed Policy Speculation
Grayscale's recent analysis suggests that Bitcoin may have bottomed out following significant declines influenced by macroeconomic factors. The immediate trigger for this assessment is the potential pause in interest rate increases by the Federal Reserve, which could signal a recovery for the cryptocurrency. Long-term, Bitcoin's price trajectory will likely remain closely tied to ongoing economic conditions and Federal Reserve decisions regarding monetary policy.
3 sourcesJul 25
- Crypto· World
Morgan Stanley's Bitcoin ETF approaches $400 million in assets amid renewed investor interest
Morgan Stanley's Bitcoin ETF is nearing $400 million in assets, reflecting a significant uptick in investments in Bitcoin ETFs. This surge in interest is occurring despite a broader trend of cash withdrawals from other Bitcoin ETFs, indicating a potential shift in investor sentiment. If this trend continues, it may signal a recovery phase for the cryptocurrency market in the long term.
3 sourcesJul 25
- Business· World
Major Publishers Reassess Google Partnerships Amid Declining Referral Traffic from AI Tools
Reddit and other major publishers are reconsidering their partnerships with Google due to a significant decline in referral traffic attributed to AI-driven search tools. This shift is occurring now as the economic viability of traditional web traffic sources for publishers comes under scrutiny, particularly following Reddit's $60 million annual deal with Google. The long-term implication may involve publishers seeking to limit Google's access to their content, potentially reshaping the dynamics between media companies and tech giants.
6 sourcesJul 25
- Economy· World
World Bank Projects Global Economic Growth to Drop to 1.3% Amid Middle East Conflict
The World Bank has forecasted a potential decline in global economic growth to 1.3% by 2026 due to the escalating conflict in the Middle East. This projection is triggered by the ongoing war, which threatens to exacerbate inflation and food insecurity, particularly in vulnerable nations recovering from the COVID-19 pandemic. Long-term, this situation may necessitate proactive measures from governments and international organizations to stabilize the global economy and address humanitarian needs.
3 sourcesJul 25
- Economy· World
European gas prices surge amid geopolitical tensions and supply fears
Gas prices in Europe have reached multi-month peaks due to rising concerns over winter supply shortages. This spike is triggered by increased competition from Asian buyers for liquefied natural gas and maritime strikes in the Strait of Hormuz. The long-term implication is a likely continuation of market volatility and strategic shifts in energy sourcing as countries scramble to secure supplies.
3 sourcesJul 25
- Business· World
Revolut's Valuation Surges to $115 Billion Following Employee Share Sale
Revolut's valuation has increased to $115 billion after a successful secondary share sale. This surge is driven by the company's impressive financial performance, reporting $6 billion in revenue and a $2.3 billion profit, alongside a growing customer base of over 75 million. The long-term implication suggests that Revolut is well-positioned for further expansion in the competitive fintech landscape, particularly with its recent banking license in Australia.
5 sourcesJul 25
- Business· MENA
Nike limits third-party online sales in China to enhance brand control
Nike has announced a significant reduction in its reliance on third-party vendors for online sales in China. This strategic shift is driven by the need to regain control over its brand amidst a fragmented marketplace. In the long term, this move may strengthen Nike's direct consumer engagement and brand loyalty in a competitive retail environment.
3 sourcesJul 25