
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
8486 stories- Crypto· World
Hedera Network Exploit Results in Theft of Over $5.25 Million
An exploit on the Hedera network has led to the theft of approximately $5.25 million, which was then transferred to Ethereum. The immediate causality stems from ongoing vulnerabilities in blockchain technology, as highlighted by the use of the crypto mixer Tornado Cash by the attacker. This incident is likely to prompt stronger security measures and regulatory scrutiny within the cryptocurrency industry to restore investor confidence.
3 sourcesJul 14
- Crypto· World
Bonzo Lend suffers $9 million loss due to oracle exploit
Bonzo Lend, a leading lending protocol on the Hedera network, experienced a significant financial loss of approximately $9.05 million following an exploit of a flaw in the Supra oracle. This incident is occurring now as it highlights critical vulnerabilities in decentralized finance systems that rely on third-party oracles for collateral verification. In the long term, this may lead to increased scrutiny and calls for enhanced security measures across the DeFi sector to prevent similar incidents in the future.
3 sourcesJul 14
- Business· World
Empery Digital sells 1,400 Bitcoin to fund AI data center project and reduce debt
Empery Digital has sold approximately 1,400 Bitcoin for about $87.1 million, marking a significant shift in its investment strategy. This decision comes in response to shareholder pressure to abandon its Bitcoin treasury strategy and focus on financial stability. The long-term implication suggests a potential trend among cryptocurrency firms to diversify into technology sectors like AI.
3 sourcesJul 14
- Economy· World
UK government advances tokenization strategy with Ripple's support
The UK government is implementing a tokenization strategy aimed at enhancing its financial sector by introducing digital assets, including the first digital gilt by early 2027. Ripple's backing of this initiative is a key factor in its development, as it seeks to modernize financial markets and drive economic growth. This strategy could potentially add £33 billion to the UK's annual economic output by 2035, positioning the country as a leader in digital asset adoption and financial innovation.
4 sourcesJul 14
- Crypto· World
Ripple Secures Full Regulatory License in Luxembourg Under EU Framework
Ripple has received full regulatory approval in Luxembourg, allowing it to operate across the European Economic Area. This milestone comes as Ripple faces ongoing legal scrutiny in the United States, prompting the company to seek expansion opportunities in Europe. The long-term implication is that Ripple's success in navigating regulatory environments may influence its strategy and operations in other regions, particularly the U.S.
3 sourcesJul 14
- Business· World
SK Hynix completes historic $26.5 billion Nasdaq listing
SK Hynix has successfully debuted on the Nasdaq with a $26.5 billion share sale, marking the largest public offering by a foreign company in U.S. history. This strategic move is driven by the company's aim to capitalize on the ongoing AI boom and stabilize the cyclical nature of the memory chip industry. The substantial capital raised is expected to enhance SK Hynix's growth and innovation in the tech sector, potentially influencing other companies to pursue similar strategies amid rising AI demand.
3 sourcesJul 14
- Economy· World
Iranian Strikes Cause Surge in Oil Prices and Market Volatility
Iranian strikes have led to a significant spike in oil prices, impacting global stock markets. The immediate trigger for this shift is the renewed conflict between the U.S. and Iran, which has heightened geopolitical tensions. In the long term, investors will need to closely monitor the situation as further military actions could disrupt oil supply and influence market dynamics.
3 sourcesJul 14
- Economy· World
Kevin Warsh to Testify Before Congress on Economic Policy and Inflation
Kevin Warsh, the new Federal Reserve Chairman, is scheduled to testify before Congress on July 14-15, 2026, addressing inflation and interest rates. This testimony is prompted by ongoing concerns about stubborn inflation and the need for clarity on future monetary policy. The outcomes of his statements may significantly influence investor confidence and Federal Reserve actions regarding interest rates in the long term.
5 sourcesJul 14
- Business· MENA
Search for missing crew members of K2 Airways cargo plane continues in Arabian Sea
A K2 Airways cargo aircraft crashed in the Arabian Sea, leading to an extensive search for the missing crew. The immediate cause of the ongoing search operations is the challenging underwater conditions that have hindered recovery efforts. Long-term implications may include increased scrutiny on aviation safety protocols and operational procedures in the region.
3 sourcesJul 13
- Business· UAE
Dubai's Palm Monorail resumes operations after maintenance shutdown
The Palm Monorail in Dubai has reopened after a six-month closure for maintenance. This resumption is occurring now to enhance public transport options for residents and tourists on Palm Jumeirah. The long-term implication is expected to be an increase in accessibility and tourism, potentially leading to further developments in public transport in Dubai.
4 sourcesJul 13
- Business· UAE
e& divests from Vodafone with $5.95 billion stake sale
UAE telecom giant e& has sold its entire stake in Vodafone for $5.95 billion, marking the end of its strategic investment in the company. This decision follows a comprehensive review of e&'s international investment portfolio, prompting a shift in focus towards optimizing resources. The long-term implication suggests that e& may pursue new strategic investments in the telecommunications sector as it reallocates its capital.
6 sourcesJul 13
- Business· UAE
Dubai Customs reduces baggage screening time to seven seconds ahead of summer travel surge
Dubai Customs has implemented a new baggage screening process that reduces wait times to seven seconds in anticipation of three million passengers during the peak summer travel season. This initiative is driven by the expected influx of travelers in July, necessitating enhanced operational efficiency at Dubai's airports. Long-term, this move is likely to set a benchmark for airport operations globally, reinforcing Dubai's status as a leading travel hub.
5 sourcesJul 13
- Business· MENA
Flydubai resumes direct flights to Aleppo after 14 years
Flydubai has announced the resumption of daily flights from Dubai to Aleppo, Syria, starting July 20, 2026, marking a significant expansion of its operations in the region. This decision comes as part of a broader trend towards the normalization of air travel to and from Syria following years of conflict. The long-term implication may include increased international engagement and economic recovery for Syria as connectivity improves.
5 sourcesJul 13
- Business· UAE
ADNOC Logistics and Services expands LNG fleet with $900 million order
ADNOC Logistics and Services has ordered four next-generation LNG carriers to enhance its shipping capacity. This significant investment is part of Abu Dhabi's strategy to strengthen its position in the global gas supply and trading market. As global demand for LNG rises, this expansion may lead to increased market share and influence for ADNOC in the competitive energy landscape.
3 sourcesJul 13
- Economy· MENA
Fitch Ratings affirms Saudi Arabia's credit rating at A+ with stable outlook
Fitch Ratings has confirmed Saudi Arabia's credit rating at A+, reflecting the country's economic resilience amid geopolitical uncertainties. This affirmation is driven by strong financial fundamentals and a growing non-oil sector, aligning with the Vision 2030 goals. In the long term, continued investments and structural reforms are expected to sustain economic growth, particularly as global market conditions improve.
3 sourcesJul 13
- Crypto· World
Compromised Injective SDK npm package exposes private keys before being patched
A malicious update to the Injective SDK npm package was reported, which attempted to steal wallet keys. The immediate trigger was the discovery of the compromised version by security firm Socket, following over 300 downloads before the issue was identified. This incident highlights the urgent need for enhanced security measures in software supply chains, particularly within the cryptocurrency sector.
3 sourcesJul 13
- Crypto· World
Polymarket Seeks U.S. Regulatory Approval for Margin Trading
Polymarket has filed applications with the National Futures Association to enable margin trading for U.S. customers. This initiative follows the recent approval granted to competitor Kalshi, prompting Polymarket to enhance its competitive position in the market. If successful, this move could lead to increased innovation and participation in the U.S. cryptocurrency trading landscape.
4 sourcesJul 13
- Economy· World
Marc Andreessen appointed to Federal Reserve task force on AI's economic impact
The Federal Reserve has appointed Marc Andreessen to co-lead a task force examining the effects of artificial intelligence on productivity, employment, and monetary policy. This appointment is driven by new Fed Chair Kevin Warsh's belief in AI's potential as a disinflationary force. The long-term implication may involve significant shifts in economic strategies as AI becomes integral to managing inflation and employment challenges.
4 sourcesJul 13
- Crypto· World
New Hampshire executive council rejects $100 million Bitcoin-backed bond
New Hampshire's executive council voted 3-2 against a proposed $100 million Bitcoin-backed bond. This decision reflects ongoing hesitance among institutional bodies to adopt volatile digital assets despite potential benefits. The long-term implication may slow the momentum for cryptocurrency adoption in municipal finance and lead to increased scrutiny of future proposals.
3 sourcesJul 13
- Crypto· World
Kraken launches AI-powered investing assistant to enhance trading app experience
Kraken has introduced an AI investing assistant to improve its trading app. This launch is part of a broader strategy to transition from a trading-first interface to a goal-based approach that aligns with users' financial objectives. The long-term implication is that this innovation may set new standards for user engagement in cryptocurrency trading and influence the broader financial technology landscape.
3 sourcesJul 13