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
Phantom and Hyperliquid Call for CFTC to Modernize DeFi Regulations
Phantom and Hyperliquid have jointly urged the U.S. Commodity Futures Trading Commission to update regulations for decentralized finance and onchain trading. This initiative is prompted by the inadequacy of existing rules that primarily cater to traditional financial markets. The long-term implication could lead to a more innovative and secure DeFi landscape as regulatory clarity is established.
3 sourcesJul 12
- Business· World
MARA Holdings acquires 1,200-acre site in Texas for AI and bitcoin mining expansion
MARA Holdings has announced the acquisition of a 1,200-acre site in Texas, which will provide up to 2 GW of power capacity. This strategic move is aimed at enhancing their digital infrastructure for AI and bitcoin mining, coinciding with a surge in their stock price. The long-term implication is that this expansion positions MARA to strengthen its competitive edge in the rapidly evolving cryptocurrency and AI sectors.
3 sourcesJul 12
- Crypto· World
Bitcoin rebounds to $64,300 amid falling oil prices and U.S.-Iran peace talks
Bitcoin has risen approximately 3% to $64,300 following a decline in crude oil prices and renewed diplomatic efforts between the U.S. and Iran. This price movement is occurring at a time when geopolitical tensions and market volatility have significantly impacted investor sentiment. The long-term outlook suggests that Bitcoin's ability to maintain its gains will depend on ongoing geopolitical developments and market dynamics.
4 sourcesJul 12
- Crypto· World
Hyundai tests stablecoin transfers for corporate remittances
Hyundai Card has completed a successful trial of stablecoin transfers, moving $20,000 between its U.S. and Mexican operations. This initiative is driven by the need to enhance efficiency in cross-border payments, significantly reducing transaction times to about seven minutes. The long-term implication is a potential shift in corporate finance practices as more companies may adopt stablecoins for international transactions.
3 sourcesJul 12
- Crypto· World
Tether integrates USDT into Telegram and invests $25 million in telecom infrastructure
Tether has integrated its stablecoin USDT into Telegram's crypto economy and announced a $25 million investment in telecom infrastructure. This strategic move is aimed at diversifying Tether's offerings and enhancing its role in the cryptocurrency market at this pivotal moment. Long-term, this could lead to increased adoption of USDT and further investments in technology and infrastructure, reshaping Tether's market position.
3 sourcesJul 12
- Crypto· World
ESMA launches review of crypto custodians under MiCA regulation
The European Securities and Markets Authority has initiated a supervisory review of crypto custodians authorized under the Markets in Crypto-Assets regulation. This review is prompted by the need to evaluate how these firms manage operational risks and adhere to security standards following their licensing. The long-term implication is a potential shift towards stricter compliance and operational standards in the crypto industry, influencing global regulatory practices.
3 sourcesJul 12
- Crypto· World
Ethereum price rebounds to near $1,800 amid short squeeze and geopolitical easing
Ethereum's price has rebounded to nearly $1,800 following a short squeeze and improved market sentiment. This shift is occurring now due to easing geopolitical tensions that have previously created a risk-off mood in financial markets. If Ethereum can surpass the $1,800 resistance, it may signal a sustained upward momentum despite ongoing market volatility concerns.
3 sourcesJul 12
- Business· World
Man Group reports 86-fold increase in token spending amid AI integration
Man Group has announced an 86-fold increase in its token spending as it integrates artificial intelligence into its investment strategies. This surge is driven by the firm's commitment to enhancing the capabilities of its quantitative analysts while addressing the challenges of safe AI implementation. In the long term, this shift may redefine investment practices across the financial industry as firms increasingly adopt AI technologies.
3 sourcesJul 12
- Business· World
Fast Retailing raises profit forecast after 45.7% quarterly profit increase
Fast Retailing has reported a 45.7% increase in quarterly profit, prompting the company to raise its earnings forecast. This surge in profits comes despite challenges posed by heatwaves in Europe leading to temporary store closures and currency fluctuations affecting future earnings. The company’s ability to navigate these external challenges will be critical for sustaining its growth in the competitive retail landscape.
4 sourcesJul 12
- Business· World
AstraZeneca and Ionis Pharmaceuticals face stock decline after Wainua drug trial failure
AstraZeneca and Ionis Pharmaceuticals reported that their Wainua drug trial for a rare heart disease did not meet its primary endpoint. This failure has triggered a 9% drop in AstraZeneca's stock price, raising concerns among investors about the future of their research strategies. In the long term, this setback may lead both companies to reevaluate ongoing projects and seek alternative treatment avenues to regain investor confidence.
3 sourcesJul 12
- Business· World
Mercor acquires Deeptune to enhance AI training capabilities
Mercor has acquired Deeptune to enhance its capabilities in building training environments for AI agents. This acquisition follows a significant investment by Mercor's CEO, Brendan Foody, in Deeptune's recent funding round. The long-term implication is that Mercor is likely to strengthen its market leadership in AI training technologies amidst growing competition in the sector.
3 sourcesJul 12
- Crypto· World
Energy Substantiation to Tokenize Oil on Ethereum Blockchain
Energy Substantiation has announced plans to tokenize oil barrels on the Ethereum blockchain. This initiative is occurring now as part of a broader trend to integrate blockchain technology into traditional industries, aiming to enhance market accessibility. The long-term implication could be a significant transformation in commodity trading, leading to more efficient and transparent markets.
3 sourcesJul 12
- Business· World
TeraWulf Inc. seeks $3.5 billion in debt financing for AI-linked data center in Kentucky
TeraWulf Inc. has announced plans to raise approximately $3.5 billion in debt to construct a data center campus in Kentucky, which will be leased to AI company Anthropic. This financing effort is being led by Morgan Stanley and is part of a significant 20-year lease agreement valued at $19 billion. If successful, this move could position TeraWulf as a key player at the intersection of AI and cryptocurrency mining, enhancing its operational capabilities in a rapidly evolving tech landscape.
3 sourcesJul 12
- Business· World
CFTC Blocks CME Group's 24/7 Crude Oil Futures Trading Launch
The U.S. Commodity Futures Trading Commission has delayed CME Group's plan to initiate 24/7 trading for crude oil futures. This decision comes amid ongoing legal disputes between CME and the CFTC regarding crypto product approvals, reflecting the agency's cautious regulatory stance. As scrutiny intensifies, CME Group may face significant challenges in launching new trading products in the future.
4 sourcesJul 12
- Business· World
Turkey and Iraq finalize one-year extension of crude oil pipeline deal
Turkey and Iraq are set to sign a 12-month extension of their crude oil pipeline agreement. This deal is being finalized amidst rising global energy demand, highlighting the importance of stable oil exports for both nations. The extension is likely to enhance energy security and could lead to further collaborations in the energy sector between Turkey and Iraq.
3 sourcesJul 12
- Business· World
Jeff Bezos Opens Blue Origin to Outside Investors for First Time
Jeff Bezos has announced that Blue Origin will seek $10 billion from outside investors, marking a significant shift in its funding strategy after 26 years of self-funding. This move is triggered by the company's substantial valuation of $130 billion, indicating a readiness for expansion and innovation. In the long term, this influx of capital could enhance Blue Origin's competitive position in the aerospace industry and accelerate its development projects.
3 sourcesJul 12
- Business· World
Netflix explores live TV channels and bundling to combat declining viewer engagement
Netflix is exploring the addition of live TV channels and bundling services to address declining viewer engagement. This shift is prompted by increasing concerns among executives about user retention in a competitive streaming landscape. The long-term implication may involve Netflix redefining its content strategy to include continuous live offerings and potentially acquiring live sports rights to attract a broader audience.
4 sourcesJul 12
- Crypto· World
Coinbase Chief Legal Officer Paul Grewal Resigns Amid Regulatory Challenges
Paul Grewal, Coinbase's chief legal officer, is stepping down after six years in the role. His resignation comes at a pivotal moment for the crypto industry, with significant regulatory votes approaching. The transition to new general counsel Molly Abraham suggests Coinbase will seek to maintain its legal strategy as it navigates these challenges.
4 sourcesJul 12
- Business· World
Zhipu AI announces $4 billion fundraising plan driving stock surge
Zhipu AI's shares have surged following the announcement of a $4 billion fundraising initiative. This fundraising is aimed at supporting Zhipu's growth in the competitive AI market, with new shares priced at a discount raising concerns among existing shareholders. The long-term implication is that investors will need to closely monitor the stock's volatility as the company navigates its growth strategy amidst a low float of shares.
3 sourcesJul 12
- Business· World
JPMorgan Chase tests AI investment strategies outperforming traditional portfolios
JPMorgan Chase has developed AI agents that have demonstrated superior performance compared to traditional 60/40 investment portfolios in extensive backtesting. This initiative is driven by the growing integration of AI into financial practices, as investors seek innovative strategies to enhance returns. The long-term implication is a potential transformation in portfolio management, leading to a redefinition of investment strategies and advisory services in the finance industry.
4 sourcesJul 12