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
4372 stories- Crypto· World
Ethereum whale opens $90.9 million long position amid bullish market sentiment
An Ethereum whale has opened a $90.9 million long position while another has increased its holdings to 30,000 ETH. This surge in investment is driven by recent price increases of ETH, which has risen to around $2,400, alongside positive technical indicators suggesting further gains. The growing interest from whales may signal a bullish trend for Ethereum in the near future as they bet on a potential rally towards $3,000.
3 sourcesApr 22Moderate
- Crypto· World
Rave Token Experiences 95% Price Drop Amid Allegations of Market Manipulation
Rave Token (RAVE) has seen a dramatic 95% price collapse from $26 to $1 within 48 hours due to allegations of a pump-and-dump scheme involving insider manipulation. The immediate trigger for this event was an investigation by on-chain analyst ZachXBT, who highlighted suspicious trading activities and wallet concentrations prior to the price surge. In the long term, this incident is likely to prompt increased scrutiny and regulatory measures within the cryptocurrency market to prevent similar occurrences.
12 sourcesApr 22High
- Crypto· UAE
KAIO secures $8 million funding from Tether for blockchain infrastructure development
KAIO has raised $8 million in a funding round led by Tether to enhance its blockchain infrastructure for distributing institutional funds. This investment is occurring now as part of Tether's strategic initiative to expand blockchain applications in finance. In the long term, KAIO's efforts could democratize access to financial products and position it as a leader in on-chain asset distribution in the UAE.
3 sourcesApr 22Moderate
- Crypto· World
BIS Raises Alarm Over Financial Stability Risks of U.S. Dollar Stablecoins
The Bank for International Settlements has issued warnings regarding the financial stability risks associated with the $320 billion U.S. dollar stablecoin market. This concern arises from the rapid growth of stablecoins, which are perceived to operate outside traditional banking regulations. In the long term, increased regulatory scrutiny is expected to reshape the cryptocurrency landscape and enhance market stability.
5 sourcesApr 22Moderate
- Crypto· World
LayerZero Links $292 Million Kelp DAO Exploit to North Korean Lazarus Group
Kelp DAO's rsETH bridge was exploited for $292 million on April 18, 2026, with LayerZero attributing the attack to North Korea's Lazarus Group. The exploit occurred due to a compromise of RPC infrastructure in a single-DVN configuration, which allowed attackers to drain funds without broader contagion. In the long term, this incident is likely to prompt a shift towards multi-DVN setups in DeFi protocols to enhance security against similar attacks.
10 sourcesApr 22High
- Crypto· World
Moody's Analysts Assess Stablecoins' Impact on Traditional Banking
Moody's analysts have determined that stablecoins will not pose an immediate threat to traditional banks due to existing regulatory constraints. The current legislative debate in the U.S. regarding stablecoin regulations, particularly around interest payments, is causing delays in their competitive adoption. As regulations evolve, the potential for stablecoins to disrupt the banking sector may increase significantly in the future.
3 sourcesApr 22Low
- Crypto· World
Ethereum buyers regain control of derivatives market signaling potential recovery
Ethereum has seen a significant increase in buy-side pressure on derivatives markets, marking a pivotal shift in market dynamics. This change is driven by Ethereum's price holding above $2,300 and substantial institutional inflows into US Spot Ethereum ETFs. If this trend continues, it could lead to a more robust structural recovery for Ethereum in the long term.
3 sourcesApr 22Low
- Crypto· World
Bitmine acquires 101,627 ETH for over $230 million amid geopolitical tensions
Bitmine has made a significant acquisition of 101,627 ETH, increasing its total holdings to approximately 4.12% of the total Ethereum supply. This purchase is driven by the company's aggressive strategy to dominate Ethereum treasury holdings amidst heightened US-Iran tensions. The long-term implication may be increased institutional interest in cryptocurrencies and potential market shifts influenced by Bitmine's actions.
5 sourcesApr 22High
- Crypto· World
Coinbase launches crypto-backed USDC loans for UK users
Coinbase has expanded its crypto-backed USDC loan offerings to UK users, allowing them to borrow against Bitcoin and Ethereum as collateral. This move follows strong demand in the US and aligns with the UK's evolving regulatory landscape for cryptocurrencies. As Coinbase continues to adapt to regulatory changes and user demand, its ability to innovate in the crypto lending space will be crucial for maintaining its market position and attracting new customers.
4 sourcesApr 22Moderate
- Crypto· World
Bank of Korea Governor Emphasizes CBDCs While Omitting Stablecoins
The new Governor of the Bank of Korea, Hyun-Song Shin, has expressed strong support for Central Bank Digital Currencies (CBDCs) and deposit tokens in his inaugural address. This shift occurs as the bank modernizes its currency markets and increases scrutiny of crypto markets, reflecting a cautious regulatory approach. The long-term implication is that the Bank of Korea's focus on CBDCs may significantly influence the future of digital currency and regulation in South Korea.
3 sourcesApr 22Low
- Crypto· World
Reabold Resources Initiates Bitcoin Mining Test at Yorkshire Gas Site
Reabold Resources has announced plans to explore small-scale bitcoin mining at its Yorkshire gas site while reaffirming its commitment to energy supply. The initiative is driven by the potential to use gas from the site as a power source for mining operations, serving as an early-stage funding tool. This move could reshape the company's funding strategies and provoke discussions on the environmental impacts of cryptocurrency mining in the energy sector.
3 sourcesApr 22Low
- Crypto· MENA
Bybit leads $8 million funding round for Malaysian crypto exchange Hata
Bybit has led an $8 million Series A funding round for Hata, a Malaysian crypto exchange. This investment coincides with Malaysia's efforts to enhance its regulatory framework for digital assets. The long-term implication is that this funding could accelerate the development of Malaysia's digital asset market, positioning the country as a leader in Southeast Asia's cryptocurrency sector.
3 sourcesApr 22Low
- Crypto· World
Kelp DAO Exploited for $292 Million by Lazarus Group via LayerZero Compromise
Kelp DAO's rsETH bridge was exploited for $292 million on April 18, 2026, through a compromise of LayerZero RPC nodes by attackers linked to North Korea's Lazarus Group. The immediate trigger was a DDoS attack that forced a failover, allowing the attackers to drain funds before Kelp DAO paused contracts to mitigate further losses. This incident highlights vulnerabilities in cross-chain mechanisms and may lead to increased scrutiny and regulatory measures within the DeFi ecosystem.
7 sourcesApr 22High
- Crypto· World
US Bitcoin ETFs See Nearly $1 Billion in Inflows Amid US-Iran Tensions
US spot Bitcoin exchange-traded funds recorded nearly $1 billion in net inflows for the week ending April 19, 2026. This surge is driven by institutional investors seeking alternatives amid escalating geopolitical tensions between the US and Iran. The long-term implication suggests Bitcoin's growing role as a hedge against traditional assets in times of uncertainty.
6 sourcesApr 22Low
- Crypto· World
SEC Introduces Innovation Exemption for Tokenized Securities Regulation
The SEC has unveiled a new regulatory framework for tokenized securities, marking a significant shift in its approach to cryptocurrency. This change is driven by SEC Chairman Paul S. Atkins' first anniversary and a desire to foster innovation while ensuring investor protection. The long-term implication is a potentially more favorable environment for blockchain finance, which could enhance the attractiveness of the U.S. crypto market.
4 sourcesApr 22Low
- Crypto· World
Arbitrum Security Council Freezes 30,766 ETH Following KelpDAO Exploit
On April 20, 2026, the Arbitrum Security Council froze 30,766 ETH linked to a significant exploit of KelpDAO's LayerZero bridge. This emergency action was triggered by the theft of 116,500 rsETH on April 18, which exposed vulnerabilities in the DeFi ecosystem. The long-term implication may involve increased scrutiny and potential regulatory measures for decentralized finance protocols to enhance security and user trust.
8 sourcesApr 22High
- Crypto· World
Ripple unveils four-phase plan to secure XRP Ledger against quantum computing threats by 2028
Ripple has announced a comprehensive roadmap to enhance the security of the XRP Ledger against potential quantum computing threats by 2028. This initiative is a response to growing concerns about the vulnerability of current blockchain cryptography to advancements in quantum technology. The success of Ripple's quantum readiness plan could influence broader industry standards for blockchain security in the face of quantum threats.
5 sourcesApr 22Moderate
- Crypto· World
DoorDash partners with Tempo to enable stablecoin payments for delivery drivers
DoorDash has announced plans to pay its delivery workers in stablecoins through a partnership with Tempo, a blockchain developed by Stripe and Paradigm. This initiative is driven by the need to streamline payment processes and enhance the financial experience for couriers at this moment of increasing cryptocurrency adoption in mainstream businesses. The long-term implication could see a broader acceptance of cryptocurrency in the gig economy and influence regulatory frameworks surrounding digital currencies.
5 sourcesApr 22Moderate
- Crypto· World
U.S. Senate's Digital Asset Market Clarity Act Faces Legislative Delays Yet Remains Viable
The Digital Asset Market Clarity Act, a bipartisan effort to regulate the U.S. cryptocurrency industry, continues to progress despite recent delays in the Senate. These delays are primarily due to banker objections regarding yield reward programs that could compete with traditional deposits. If passed, the Act could standardize digital asset regulations, impacting the global cryptocurrency landscape and potentially benefiting U.S.-based firms operating in international markets like Dubai.
6 sourcesApr 22High
- Crypto· World
Bipartisan PACE Act Introduced to Enhance Crypto Firms' Access to U.S. Payment Infrastructure
The PACE Act was introduced in Congress to streamline access for fintech and crypto firms to the U.S. payment infrastructure. This legislative move is driven by the need to modernize payment systems and reduce costs for consumers and small businesses. If passed, the Act could significantly reshape the financial landscape by fostering innovation and competition in the sector.
3 sourcesApr 22Moderate