
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
4374 stories- Crypto· World
Alcoa Corporation in Advanced Negotiations to Sell Massena East Smelter to NYDIG
Alcoa Corporation has announced advanced negotiations to sell its idled Massena East smelter site in New York to Bitcoin mining firm NYDIG. This move is prompted by the rising demand for energy-intensive digital infrastructure and Alcoa's strategy to divest idle smelter properties. The long-term implication may see a significant shift in the U.S. Bitcoin mining landscape, enhancing North American capacity for cryptocurrency operations.
4 sourcesApr 20Low
- Crypto· World
RaveDAO RAVE Token Plummets 90% Amid Exchange Investigations for Market Manipulation
On April 19, 2026, RaveDAO's RAVE token experienced a dramatic 90% price collapse, dropping from $27.33 to $1.15 within 24 hours. This decline was triggered by allegations of insider manipulation, with investigations launched by major exchanges Binance and Bitget into suspicious trading activities. The long-term implications may include increased regulatory scrutiny on microcap tokens and potential changes in trading practices within the cryptocurrency market.
6 sourcesApr 20Very High
- Crypto· World
U.S. Spot Bitcoin ETFs See Nearly $1 Billion in Net Inflows Amid Institutional Demand
U.S.-based spot Bitcoin exchange-traded funds recorded approximately $996 million in net inflows during the trading week ending April 17, 2026. This surge follows renewed institutional interest driven by easing geopolitical tensions in the Middle East and a bullish Bitcoin price trend. The long-term implication suggests a strengthening of Bitcoin's market position and potential for further institutional investment in cryptocurrency assets.
4 sourcesApr 20Moderate
- Crypto· World
XRP ETFs Achieve Record $55.39 Million Net Inflows Amid Institutional Demand
XRP exchange-traded funds and products recorded $55.39 million in net inflows during the week ending April 19, 2026, marking the strongest weekly performance of the year. This surge is driven by renewed institutional interest and a more than 7% increase in XRP's price, following a period of weaker inflows due to macroeconomic volatility. The long-term implication suggests a bullish market structure for XRP, potentially leading to increased institutional adoption and higher price projections in the coming months.
3 sourcesApr 20Low
- Crypto· World
Ethereum Surpasses Key Resistance with Significant ETF Inflows
Ethereum has broken above the 100-day simple moving average resistance, trading over $2,300 and establishing this level as support. This surge is driven by $275.83 million in weekly inflows to US Spot Ether ETFs, marking the highest inflow since January 2026, alongside positive signals from derivatives markets. Analysts predict further price increases if Ethereum maintains this support level, indicating a potential bullish trend in the cryptocurrency market.
3 sourcesApr 20Low
- Crypto· World
KelpDAO LayerZero Bridge Exploit Results in $293 Million Loss and $10.59 Billion DeFi TVL Decline
An exploit on KelpDAO's LayerZero bridge allowed an attacker to mint $293 million in unbacked rsETH tokens, leading to significant market disruptions. This incident was triggered by a vulnerability in the bridge's Decentralized Verifier Network, which enabled uncollateralized minting of tokens. The long-term implications include increased scrutiny and potential regulatory responses for DeFi protocols and cross-chain technologies.
8 sourcesApr 20Very High
- Business· World
Manycore Tech Inc. Shares Surge 144% on Hong Kong IPO Debut
Manycore Tech Inc. experienced a 144% surge in share price on its debut at the Hong Kong Stock Exchange on April 17, 2026. This remarkable performance was driven by overwhelming investor demand, with the public offering oversubscribed 1,591 times, reflecting strong interest in China's AI sector. The long-term implication suggests a growing trend of Chinese AI firms going public, potentially leading to increased competition and innovation in the industry.
3 sourcesApr 20Low
- Business· World
AEVEX Corp. raises $320 million in NYSE IPO amid rising demand for drone technology
AEVEX Corp. successfully launched its initial public offering, raising $320 million with shares debuting at $23.01 on April 17, 2026. The immediate trigger for this IPO is the heightened demand for unmanned aircraft systems driven by ongoing conflicts in Ukraine and the Middle East. In the long term, this move positions AEVEX to capitalize on the growing defense sector and expand its market presence in autonomous systems.
4 sourcesApr 20Low
- Business· UAE
State Street Corporation Reports Strong Q1 2026 Earnings with $2.84 EPS and $3.8 Billion Revenue
State Street Corporation announced its Q1 2026 earnings on April 17, 2026, exceeding analyst expectations with an adjusted EPS of $2.84 and revenue of $3.8 billion. This positive performance is attributed to robust growth in fee revenue and net interest income amid favorable market conditions. The long-term implication suggests continued strategic expansion in the UAE, enhancing the firm's position in the asset servicing market and potentially increasing job creation in the region.
3 sourcesApr 20Low
- Business· World
Reed Hastings to Depart as Netflix Board Chairman in June 2026
On April 16, 2026, Reed Hastings announced he will step down as chairman of Netflix's board of directors in June 2026. This decision follows the company's Q1 earnings report, which showed strong revenue but cautious guidance, leading to a significant drop in stock value. The long-term implication may involve a strategic shift for Netflix as it navigates post-hypergrowth challenges and increased competition in the streaming market.
5 sourcesApr 20Low
- Crypto· World
Tether Allocates $127.5 Million for Drift Protocol Recovery After $295 Million Exploit
Tether has proposed a contribution of up to $127.5 million to support Drift Protocol's recovery plan following a $295 million exploit attributed to North Korean hackers on April 1, 2026. This funding comes as Drift seeks to relaunch as the largest USDT-settled perpetual futures exchange on Solana, amid criticism of Circle's handling of the stolen USDC. The incident highlights ongoing vulnerabilities in DeFi platforms and may prompt increased scrutiny and regulatory measures within the cryptocurrency sector.
3 sourcesApr 20Low
- Business· World
Blue Owl Capital Co-Founders Revise Loan Terms Amid Stock Price Decline
On April 17, 2026, Blue Owl Capital co-CEOs Doug Ostrover and Marc Lipschultz announced changes to personal loan terms, removing the firm's shares as collateral. This decision was prompted by a nearly 40 percent drop in Blue Owl's stock price due to turmoil in the private credit market and significant fund redemption requests. The long-term implication may involve increased scrutiny of private credit firms and potential shifts in collateral practices within the industry.
4 sourcesApr 20Low
- Business· UAE
Cerebras Systems Files for Nasdaq IPO Amid Rising AI Demand
Cerebras Systems Inc. has filed a registration statement for an initial public offering on Nasdaq, revealing a significant revenue increase driven by major UAE customers. This move follows the resolution of U.S. national security reviews related to foreign investments, coinciding with a surge in demand for AI training hardware. The IPO is expected to bolster Cerebras' position in the competitive AI market and attract further investment in the sector.
7 sourcesApr 20Low
- Business· World
Ford recalls over 1.3 million F-150 trucks due to transmission defect
Ford Motor Company has issued a recall for 1,392,935 model year 2015-2017 F-150 pickup trucks due to a transmission range sensor malfunction that can lead to unintended downshifts. This recall follows an investigation by the National Highway Traffic Safety Administration prompted by 138 consumer complaints regarding sudden downshifts. The long-term implication may involve increased scrutiny on Ford's safety practices and potential regulatory actions as the company has faced multiple recalls recently.
3 sourcesApr 20Low
- Business· World
American Airlines Denies Merger Proposal from United Airlines Over Antitrust Concerns
On April 17, 2026, American Airlines publicly rejected a merger proposal from United Airlines, citing potential harm to competition and consumers. This decision follows discussions initiated by United CEO Scott Kirby with Trump administration officials, aimed at enhancing competitiveness amid rising fuel prices. The long-term implication suggests ongoing scrutiny of airline mergers and potential regulatory challenges in the U.S. airline industry.
4 sourcesApr 20Low
- Economy· World
Henry Paulson Issues Warning of Imminent U.S. Treasury Market Crisis
On April 16, 2026, former U.S. Treasury Secretary Henry Paulson warned of a potential crash in the U.S. Treasury market due to declining demand for government bonds. This warning comes amid escalating fiscal pressures, including a national debt of $38.9 trillion and rising Treasury yields, prompting calls for an emergency contingency plan. If unaddressed, this situation could lead to a severe sovereign debt crisis, limiting the government's ability to respond effectively to financial instability.
5 sourcesApr 20Low
- Business· World
QXO Inc. to Acquire TopBuild Corp. for $17 Billion
On April 19, 2026, QXO Inc. announced a definitive agreement to acquire TopBuild Corp. for approximately $17 billion. This acquisition is part of QXO's strategy to consolidate the U.S. building products distribution industry amid rising demand for construction services. The deal is expected to enhance QXO's market position, making it North America's second-largest public building products distributor with significant synergies anticipated by 2030.
3 sourcesApr 20Low
- Economy· World
IMF and World Bank Restore Relations with Venezuela After Seven-Year Hiatus
On April 16, 2026, the International Monetary Fund and World Bank announced the resumption of dealings with Venezuela, recognizing the interim government under Acting President Delcy Rodríguez. This shift follows recent U.S. actions, including sanctions relief and liberalization of mining sectors, which facilitated international re-engagement. The long-term implication is the potential for economic recovery in Venezuela, contingent on data provision and necessary reforms for IMF support.
3 sourcesApr 20Low
- Business· World
OnlyFans Engages in Advanced Talks for Minority Stake Sale Valued Over $3 Billion
OnlyFans has entered advanced negotiations to sell a minority stake of less than 20% to Architect Capital, valuing the company at over $3 billion. This move follows the death of majority owner Leonid Radvinsky, prompting the company to seek external investment to ensure stability and expand financial services for creators. The long-term implication may include enhanced banking access for creators and a shift towards fintech solutions within the adult content industry.
3 sourcesApr 20Low
- Economy· World
IMF and World Bank Warn Developing Economies Face Severe Economic Fallout from Iran War
IMF and World Bank officials issued warnings on April 18, 2026, about the disproportionate economic impacts of the ongoing Iran war on developing countries. The immediate trigger for these warnings is the surge in oil prices and inflation caused by the conflict, which began with U.S. and Israeli strikes on February 28, 2026. Long-term implications include a projected increase of 32 million people falling into poverty globally, necessitating additional financial support for vulnerable nations.
4 sourcesApr 20Low