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
5843 stories- Crypto· World
Sharplink Gaming resumes Ethereum purchases after eight-month hiatus
Sharplink Gaming has purchased 5,000 ETH from FalconX, marking its first acquisition since October 2025. This renewed investment comes as Ether has reached a low point in 2026, indicating a potential shift in market sentiment. The company's actions may influence other corporate investors and signal a broader recovery trend in the cryptocurrency space.
6 sourcesJun 29
- Crypto· World
Coinbase's Layer 2 blockchain Base suffers critical outages due to technical failures
Base experienced significant outages over the past two days, with a sequencer bug and a consensus failure causing downtime of 2 hours and 116 minutes. These incidents are occurring now as concerns about the network's reliability and centralized design have been raised. In the long term, this may lead to increased scrutiny and demand for improved decentralization in Layer 2 solutions within the cryptocurrency community.
3 sourcesJun 29
- Crypto· World
SBI Holdings acquires Bitbank for $289 million in Japanese crypto market consolidation
SBI Holdings has announced its acquisition of Bitbank, a leading Japanese cryptocurrency exchange, for approximately $289 million. This strategic move is driven by ongoing regulatory reforms aimed at strengthening Japan's digital asset trading environment. The long-term implication is the potential creation of Japan's largest crypto exchange, which may enhance market stability and innovation in the sector.
4 sourcesJun 29
- Business· World
Zalando shares plunge 20% amid accounting probe by German regulator
Zalando's shares fell by as much as 20% following the announcement of an accounting investigation by Germany's financial regulator. The probe is focused on suspected violations of accounting rules in the company's 2025 financial statements, triggering a sharp decline in investor confidence. The long-term implications could jeopardize Zalando's financial health and trust among investors as the company navigates this regulatory challenge.
5 sourcesJun 29
- Economy· MENA
Egypt secures $1.6 billion IMF financing through successful state-asset sales
Egypt has met the International Monetary Fund's targets by completing state-asset sales, unlocking $1.6 billion in crucial funding. This financing comes at a critical time as Egypt faces significant economic challenges and is part of a broader privatization effort under an IMF-backed reform plan. The long-term implication is that this funding may facilitate further economic reforms and attract foreign investment to stabilize Egypt's economy.
3 sourcesJun 29
- Economy· World
Eurozone consumers lower inflation expectations to 3.5%
Eurozone consumers have lowered their inflation expectations for the upcoming year to 3.5%. This decline is attributed to easing geopolitical tensions in the Middle East. As a result, the European Central Bank may adjust its monetary policy strategies to foster economic growth while managing inflationary pressures.
3 sourcesJun 29
- Economy· MENA
Nigeria draws $2 billion from $5 billion derivatives deal with First Abu Dhabi Bank
Nigeria has accessed $2 billion from a $5 billion swap deal with First Abu Dhabi Bank. This transaction is part of Nigeria's strategy to manage its financial obligations amid economic pressures. The reliance on complex financial instruments raises concerns about transparency and may necessitate regulatory reforms in the future.
3 sourcesJun 29
- Economy· World
US consumer sentiment rises as gasoline prices decrease
US consumer sentiment improved in June due to moderating gasoline prices. This uptick is occurring at this specific moment as consumers experience some relief amidst ongoing inflation concerns. The long-term implication is that this improvement may influence future spending patterns as inflation continues to be a significant worry for consumers.
3 sourcesJun 29
- Business· World
Framework Ventures raises $400 million to diversify investments beyond cryptocurrency
Framework Ventures has closed a $400 million fourth fund aimed at expanding its investment strategy into sectors such as artificial intelligence, robotics, and energy. This shift is triggered by a slowdown in the cryptocurrency market, prompting the firm to seek opportunities in frontier technologies. Long-term, this diversification may position Framework Ventures favorably for growth as it navigates the evolving investment landscape.
5 sourcesJun 29
- Economy· World
Federal Reserve President Signals Potential Interest Rate Hike Amid Inflation Concerns
Neel Kashkari, President of the Federal Reserve Bank of Minneapolis, indicated a possible interest rate hike by the end of the year due to persistent inflation risks. His comments, made at the Aspen Ideas Festival, emphasize that supply dynamics are currently more influential on inflation than the labor market. This suggests that the Federal Reserve may take proactive measures to stabilize the economy as inflation pressures continue to evolve.
3 sourcesJun 29
- Economy· World
Brent crude oil prices fall below prewar levels amid improved Strait of Hormuz traffic
Brent oil prices have dropped significantly, nearing pre-Middle East conflict lows. This decline is triggered by improved traffic in the Strait of Hormuz, a critical shipping route for oil, amidst ongoing geopolitical tensions. The long-term implication suggests that the oil market may continue to face pressure as geopolitical factors evolve and traders monitor developments in key shipping routes.
3 sourcesJun 29
- Business· World
DraftKings launches proprietary prediction markets exchange DKeX
DraftKings has launched its proprietary prediction markets exchange, DKeX. This strategic move allows the company to control its own infrastructure and leverage federal regulations for broader market reach. The long-term implication is that DraftKings is positioned to enhance its competitive edge against traditional and crypto platforms in the prediction markets sector.
4 sourcesJun 29
- Economy· World
S&P affirms US sovereign credit rating at AA+ with stable outlook
S&P has maintained the United States' sovereign credit rating at AA+ with a stable outlook. This decision is driven by the resilience of the U.S. economy and expected stabilization of fiscal deficits. Long-term, this affirmation suggests continued investor confidence, although fiscal pressures will need to be monitored closely.
4 sourcesJun 29
- Economy· World
BIS Warns of Potential AI Investment Bust Threatening Financial Stability
The Bank for International Settlements has issued a warning about the risks associated with a potential bust in AI investments. This warning comes as weak returns in the sector could lead to a significant pullback in funding, reminiscent of the 2008 financial crisis. Stakeholders are urged to monitor AI investment trends closely to mitigate risks to the economy and prevent market corrections.
3 sourcesJun 29
- Economy· World
South Korean stock market faces turmoil with 9% drop in technology shares
South Korean stocks have experienced a significant decline of over 9%, leading to multiple trading halts aimed at preventing panic selling. This turmoil is triggered by investor concerns over the overvaluation of technology companies, particularly in the semiconductor sector, amidst a volatile global sentiment. The long-term implication may involve increased regulatory scrutiny and a focus on stabilizing the semiconductor industry, which is crucial for South Korea's economy.
5 sourcesJun 29
- Crypto· World
Binance to Halt Operations for EU Users Amid Regulatory Challenges
Binance will cease operations for EU clients starting July 1 after failing to secure a MiCA license. The immediate trigger for this decision is the company's withdrawal of its MiCA license application in Greece, prompting a strategic pivot towards exploring alternative licensing routes in France. This move underscores the ongoing difficulties cryptocurrency exchanges face in navigating the evolving regulatory landscape in Europe, potentially impacting the broader EU crypto market.
4 sourcesJun 29
- Economy· World
AI stocks decline impacts Wall Street performance
AI stocks have experienced sharp declines, contributing to a potential losing week for Wall Street. This downturn is occurring due to ongoing concerns about the profitability of AI companies, overshadowing gains in other sectors. The long-term implication is that investor sentiment may remain cautious, affecting future investments in the tech sector.
5 sourcesJun 29
- Economy· World
Oil prices stabilize at pre-Iran war levels while gasoline prices remain high
Oil prices have reverted to pre-Iran war levels after four months. This shift follows a memorandum of understanding between the U.S. and Iran aimed at resolving the conflict. The persistent high gasoline prices indicate ongoing market adjustments and potential scrutiny of pricing practices in the fuel sector.
3 sourcesJun 29
- Business· World
Elon Musk's net worth falls below $1 trillion after stock declines
Elon Musk's net worth has dropped below $1 trillion due to significant declines in the stock prices of SpaceX and Tesla. This decline is occurring amidst a broader sell-off in the tech sector, driven by concerns over profitability and rising interest rates. The long-term implication suggests that Musk's wealth will remain vulnerable to market fluctuations and investor sentiment regarding high-growth tech companies.
3 sourcesJun 28
- Business· UAE
Abu Dhabi prepares to launch its first passenger train station
Abu Dhabi's first passenger train station is set to launch, enhancing travel options with amenities like a Dh10 bus shuttle and rental car services. This development is occurring now as part of the broader Etihad Rail project aimed at improving transportation across the UAE. Long-term, this initiative is expected to transform travel dynamics in the region, fostering economic growth and accessibility for residents and tourists alike.
4 sourcesJun 28