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- Business· MENA
Saudi Awwal Bank reports 4.4 billion SAR net profit for H1 2026
Saudi Awwal Bank achieved a net profit of 4.4 billion SAR in the first half of 2026, marking a 4% increase from the previous year. This positive performance is attributed to stable operating income and a significant rise in customer deposits, despite a challenging market environment. Looking ahead, the bank is well-positioned to leverage future lending opportunities while supporting Saudi Arabia's Vision 2030 objectives.
3 sourcesJul 24
- Economy· MENA
US and Jordan sign significant trade agreement to enhance economic ties
The United States and Jordan have signed a new trade agreement aimed at enhancing economic ties and facilitating trade between the two nations. This deal is occurring now to eliminate long-standing trade barriers and improve access for American industries to Jordanian markets. The long-term implication is that this agreement could pave the way for increased investment and economic growth in both countries, potentially setting a precedent for future agreements in the region.
3 sourcesJul 24
- Economy· MENA
Saudi Arabia redeems SR17.1 billion in sukuk while issuing new SR17.2 billion sukuk
Saudi Arabia's National Debt Management Center has completed an early redemption of approximately SR17.1 billion in sukuk and issued new sukuk worth around SR17.2 billion. This initiative is driven by the government's strategy to strengthen the domestic debt market and enhance public finance management. The long-term implication is expected to be increased investor confidence and a more robust financial market in Saudi Arabia.
3 sourcesJul 24
- Business· UAE
Dubai RTA launches smart LED lighting project for 30 pedestrian bridges
Dubai's Roads and Transport Authority has initiated a project to install smart LED lighting on 30 pedestrian bridges across the emirate. This initiative is part of RTA's People Happiness initiative aimed at enhancing pedestrian safety and comfort during evening hours. The long-term implication is that successful implementation could lead to similar smart infrastructure projects in other urban areas, reinforcing Dubai's commitment to sustainability and urban mobility.
3 sourcesJul 24
- Business· World
Humanoid Robotics Startup Raises $152 Million in Series A Funding
London-based robotics startup Humanoid has secured $152 million in a Series A funding round, achieving a valuation of $1.35 billion. This unprecedented funding is driven by strong investor confidence in the European robotics sector, traditionally dominated by U.S. and Chinese firms. The long-term implication is that Humanoid's success may catalyze further investments in European robotics startups, potentially reshaping the competitive landscape.
5 sourcesJul 24
- Business· MENA
BlackRock and MGX complete historic $40 billion acquisition of Aligned Data Centers
The BlackRock-MGX consortium has finalized the acquisition of Aligned Data Centers for $40 billion and announced an additional $5 billion investment for operational enhancements. This significant move is driven by the surging demand for data infrastructure amid the growing reliance on cloud services. In the long term, this acquisition is expected to position the consortium as a leader in the competitive data center market, paving the way for future growth and innovation.
4 sourcesJul 24
- Business· World
Patreon announces 20% workforce reduction amid restructuring efforts
Patreon has laid off 20% of its workforce, affecting approximately 93 employees, as part of a restructuring initiative. This decision is driven by the need to adapt to significant changes in the creator economy and the impact of AI on the industry. In the long term, Patreon is likely to continue evolving its business strategies to support creators while managing costs effectively.
6 sourcesJul 24
- Crypto· World
Base to Launch 1:1-Backed Tokenized U.S. Equities by 2026
Base, an Ethereum layer-2 network backed by Coinbase, is set to launch tokenized U.S. equities backed 1:1 by assets. This shift is occurring as Base transitions from a social-first strategy to a focus on financial products in response to competition from platforms like Robinhood. The introduction of tokenized equities could reshape trading dynamics on the Base platform and attract users seeking innovative trading options.
3 sourcesJul 24
- Crypto· World
Telegram to Launch Fee-Free Non-Custodial Gram Wallet for 1 Billion Users
Telegram has announced the upcoming launch of a non-custodial Gram wallet this summer, enabling its users to conduct cryptocurrency transactions without fees. This initiative is driven by the company's aim to enhance user control and self-custody in the cryptocurrency space. The long-term implication could position Telegram as a significant player in the cryptocurrency market, potentially increasing adoption among its vast user base.
3 sourcesJul 24
- Crypto· World
Russia's State Duma passes comprehensive cryptocurrency law
The Russian parliament has approved a significant cryptocurrency law that establishes a legal framework for digital assets while banning their use in domestic payments. This legislative action is occurring now as part of Russia's broader strategy to regulate and control the cryptocurrency market. In the long term, this move may enhance state oversight of cryptocurrency transactions and impact international trade dynamics, particularly in the context of sanctions.
6 sourcesJul 24
- Crypto· World
Movement Labs files for Chapter 11 bankruptcy amid financial turmoil
Movement Labs has filed for Chapter 11 bankruptcy due to ongoing issues related to its MOVE token. This filing comes after a year of instability marked by governance challenges and a controversial market-making agreement. The long-term implication is that the company's ability to restructure will be critical for its future viability in the cryptocurrency market.
5 sourcesJul 24
- Crypto· World
Augustus Raises $180 Million to Launch Federally Chartered Clearing Bank Integrating Stablecoins
Augustus has raised $180 million to establish a federally chartered clearing bank that integrates stablecoin technology with traditional banking systems. This funding round, led by Tiger Global, reflects a growing investor confidence in modernizing banking infrastructure at this pivotal moment for fintech. The long-term implication is that Augustus's initiative could significantly influence the adoption of stablecoins in mainstream finance and reshape transaction processing globally.
3 sourcesJul 24
- Crypto· World
Jack Mallers resigns as CEO of Twenty One Capital leading to merger cancellation with Strike
Jack Mallers has stepped down as CEO of Twenty One Capital, resulting in the cancellation of a planned merger with Strike. The immediate cause of this shift is the leadership change, with Raphael Zagury appointed as the new CEO. In the long term, this may lead to new strategic partnerships, including a potential merger with Bitcoin miner Elektron, as the company navigates the evolving cryptocurrency landscape.
3 sourcesJul 24
- Crypto· World
Midnight Token Faces Volatility After Wanchain Bridge Exploit
The Midnight Token experienced significant volatility following a $9 million exploit of the Wanchain bridge, which drained approximately 515 million NIGHT tokens. This incident has prompted industry leaders to call for a revamp of legacy bridge systems to enhance security. In the long term, there is a growing urgency within the cryptocurrency sector to innovate and strengthen cross-chain infrastructure to protect assets and maintain user trust.
4 sourcesJul 24
- Crypto· World
Galaxy Digital launches $5 million Bitcoin Quantum Readiness Initiative
Galaxy Digital has committed $5 million to support Bitcoin developers in preparing for quantum computing risks. This initiative is prompted by the imminent threat posed by quantum computing, which experts predict could compromise Bitcoin's security by 2030. The long-term implication is that this proactive funding could lead to the development of quantum-resistant technologies, ensuring the future security of cryptocurrencies.
6 sourcesJul 24
- Economy· World
BIS Warns of Dollar-Pegged Stablecoins Eroding Capital Controls in Emerging Markets
The Bank for International Settlements has reported that dollar-backed stablecoins are bypassing capital controls in over 130 economies. This trend is occurring now due to the increasing adoption of stablecoins in emerging markets, which complicates regulatory efforts. In the long term, governments may need to reevaluate their capital control strategies to maintain monetary sovereignty and economic stability.
3 sourcesJul 24
- Crypto· World
Grayscale Files for First U.S. Worldcoin ETF on Nasdaq
Grayscale has submitted an S-1 registration statement to the SEC for a Worldcoin ETF that would directly hold WLD tokens. This filing coincides with a 4.5% increase in WLD's value, despite it being significantly lower than its peak in 2024, and highlights the concentration of WLD supply among a small number of wallets. If approved, the ETF could reshape the cryptocurrency investment landscape and attract institutional investors to Worldcoin.
3 sourcesJul 24
- Crypto· World
XRP Ledger processes over 1.4 million AI-agent transactions
The XRP Ledger has processed over 1.4 million transactions initiated by AI agents within the last week. This surge is driven by Ripple's collaboration with major companies to establish standards for autonomous AI payments. The long-term implication is a significant shift towards machine-controlled financial transactions, prompting further innovations and potential regulatory responses in the cryptocurrency space.
3 sourcesJul 24
- Crypto· World
BlackRock and Consortium Invest $15 Million to Secure Bitcoin Against Quantum Threats
A consortium led by BlackRock has committed $15 million to secure Bitcoin against quantum computing threats. This initiative is driven by the increasing concern over the potential risks that quantum technology poses to cryptocurrency security. The long-term implication is that this proactive funding may set a precedent for future investments in cryptocurrency security as quantum computing evolves.
3 sourcesJul 24
- Crypto· World
CLARITY Act Advances to Reshape US Cryptocurrency Regulation
The CLARITY Act is currently under discussion, aiming to redefine the regulatory framework for cryptocurrencies and prediction markets in the United States. This legislative push is triggered by the rapid growth of digital commodities and the need for enhanced oversight by the Commodity Futures Trading Commission (CFTC). If passed, the Act could lead to a more structured regulatory environment, significantly impacting how cryptocurrencies and prediction markets operate in the future.
3 sourcesJul 24