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
8507 stories- Crypto· World
Raydium DEX suffers $1.34 million exploit due to AMM V3 vulnerability
Raydium DEX experienced a significant exploit resulting in a loss of approximately $1.34 million from its legacy automated market maker program. The attack was triggered by a vulnerability in the retired AMM V3 program, allowing the attacker to bypass security checks. This incident underscores the critical need for enhanced security measures in decentralized finance platforms to maintain user trust and prevent future breaches.
3 sourcesJun 13Moderate
- Crypto· World
Saylor and Mallers Debate Bitcoin Reporting Metrics and Shareholder Value
Michael Saylor and Jack Mallers publicly debated the validity of Bitcoin-focused firms' reporting metrics, particularly concerning Strategy's methods. This confrontation arises as Saylor defends his company's cash reserves of nearly $1 billion against accusations of shareholder dilution. The ongoing discourse may lead to increased scrutiny and potential changes in financial reporting standards within the cryptocurrency sector.
3 sourcesJun 13Moderate
- Crypto· World
Zcash rebounds over 40% after severe price crash due to network vulnerability
Zcash's price has rebounded by more than 40% following a significant drop of over 50% triggered by a network vulnerability exploit. The immediate recovery is attributed to developers implementing patches and proposing new systems to enhance user verification. Long-term, Zcash's future performance will hinge on restoring user confidence amidst ongoing market uncertainties and external economic pressures.
3 sourcesJun 13Moderate
- Business· World
Figure Technology Solutions acquires Kiavi for $717 million to enhance blockchain lending
Figure Technology Solutions has agreed to acquire Kiavi, an AI-powered real estate lender, for $717 million. This acquisition is driven by Figure's strategy to expand its tokenized lending capabilities and increase its annual loan volume significantly. The long-term implication is a potential reshaping of the non-bank lending landscape, improving efficiency in real estate financing through advanced technology integration.
3 sourcesJun 13Low
- Crypto· World
XRP price surges above $1.10 amid institutional buying and ETF inflows
XRP's price has recently surged to around $1.14, reflecting increased institutional interest and rising ETF inflows. This movement is occurring now due to changing market dynamics and a notable drop in Binance reserves, which is affecting supply. If XRP can maintain this momentum and break through key resistance levels, it may signal a more bullish trend in the cryptocurrency market.
3 sourcesJun 13Moderate
- Crypto· World
Bitcoin price drops below $61,000 amid inflation concerns and institutional sell-off
Bitcoin's price has fallen below $61,000 as institutional support weakens and inflation concerns rise. This decline is driven by institutions selling approximately 2,000 BTC daily, marking a 450% increase in supply sold. If these trends continue, Bitcoin's price may approach the $30,000 mark, indicating a significant shift in market dynamics.
3 sourcesJun 13Low
- Crypto· World
SPCX token launch on Solana boosts cryptocurrency market amid SpaceX IPO
The SPCX token was launched on Solana, resulting in a 3% price increase for Solana within 48 hours. This surge is driven by the simultaneous trading of SpaceX's IPO in crypto markets, which has shown promising early gains. The integration of traditional IPOs with blockchain technology may reshape investment strategies in the future.
3 sourcesJun 13Low
- Crypto· World
Japan's major banks to launch yen-pegged stablecoin by March 2027
Japan's three largest banks have announced plans to jointly issue a stablecoin pegged to the yen, targeting a launch by March 2027. This initiative is driven by increasing regulatory support for digital assets in Japan and aims to enhance the domestic digital payment landscape. The successful implementation of this stablecoin could significantly reshape Japan's financial technology sector and challenge the dominance of USD-denominated stablecoins globally.
6 sourcesJun 13Moderate
- Business· World
Einride Debuts on Nasdaq Following SPAC Merger Valued at $1.35 Billion
Einride, a Swedish autonomous trucking company, has begun trading on Nasdaq after completing a merger with a SPAC. This debut is driven by increasing investor interest in electric and autonomous freight technology, coinciding with a broader market trend. The long-term implication suggests that Einride's performance may influence future investments in the autonomous trucking sector.
3 sourcesJun 13Low
- Economy· World
U.S. crude oil inventories decline by 7.2 million barrels for seventh consecutive week
U.S. crude oil stocks have decreased by 7.2 million barrels, marking the seventh consecutive week of inventory declines. This significant drop exceeds analysts' expectations and indicates tighter supply conditions in the oil market. As a result, market participants should anticipate potential upward pressure on oil prices if demand remains strong or production does not increase accordingly.
3 sourcesJun 13Moderate
- Economy· World
Wall Street indexes decline amid US-Iran tensions and tech sector weakness
Wall Street indexes fell more than 1% following a significant drop in technology stocks and escalating military exchanges between the US and Iran. The immediate trigger for this market reaction was the Dow's 953-point drop, reflecting investor anxiety over geopolitical instability and rising inflation. Long-term implications suggest continued market volatility as investors monitor further developments in US-Iran relations and economic indicators.
3 sourcesJun 13Low
- Business· World
Oracle's stock drops over 5% after disappointing earnings guidance
Oracle's stock fell over 5% in after-hours trading following the release of disappointing earnings guidance despite reporting record sales. The immediate cause of this decline is attributed to investor concerns regarding the company's future performance amidst heavy investments in artificial intelligence infrastructure. In the long term, the upcoming earnings report on June 10 will be critical in shaping investor confidence and determining the stock's trajectory.
3 sourcesJun 13Moderate
- Economy· World
Iran's crude oil production declines over 18% amid U.S. sanctions
Iran's crude oil production has fallen by more than 18% in May 2026. This decline is primarily due to ongoing U.S. sanctions and blockades that severely restrict Iran's ability to export oil. As a result, Iran may need to explore alternative strategies for oil production and export to mitigate economic challenges.
3 sourcesJun 13Low
- Business· World
Honda recalls over one million vehicles due to rear suspension safety issues
Honda has announced a recall affecting over one million SUVs and trucks due to a rear subframe issue that poses a risk of loss of control while driving. This recall is triggered by safety concerns identified in the affected models, primarily in the U.S. and Canada. In the long term, Honda's proactive measures may enhance consumer trust and mitigate potential impacts on its sales and reputation.
3 sourcesJun 13Low
- Business· World
SK Hynix plans US stock market listing to raise $14 billion amid AI memory demand
SK Hynix is preparing for a US stock market listing to raise funds amid the AI memory boom. This strategic decision is driven by the booming demand for AI memory products, aiming to attract a broader investor base. The upcoming listing could position SK Hynix as a key player in the AI memory sector.
3 sourcesJun 13Low
- Business· World
SpaceX's IPO Raises Valuation Concerns Amid Investor Sentiment
SpaceX has launched a record-breaking IPO that has ignited debate over its valuation. The current enthusiasm is largely attributed to investor confidence in Elon Musk rather than traditional financial metrics. The company's future valuation will depend on its ability to successfully execute ambitious projects like Starship and AI data centers.
4 sourcesJun 13Low
- Business· World
Adobe CFO Departure Causes Stock Drop Despite Strong Q2 Revenue Growth
Adobe reported a 13% year-over-year revenue increase for Q2, reaching $6.62 billion, surpassing estimates. The immediate trigger for the stock's decline was the announcement of CFO Dan Durn's departure and ongoing leadership changes, including the search for a new CEO. In the long term, these leadership transitions may impact investor confidence and the company's strategic direction moving forward.
3 sourcesJun 13Moderate
- Business· World
Chewy cuts fiscal 2026 revenue guidance despite record profits
Chewy has lowered its fiscal 2026 revenue forecast even after reporting record profits and a significant increase in net customers. This decision comes as analysts express concerns over macroeconomic challenges, leading to price target cuts for the company's stock. The long-term implication suggests that Chewy will need to navigate these economic headwinds carefully to maintain investor confidence and growth momentum.
3 sourcesJun 13Low
- Business· World
Oracle's Stock Declines Despite Strong Earnings Report
Oracle reported stronger-than-expected fiscal fourth-quarter earnings, yet its stock fell by 5% in extended trading. This decline is attributed to investor concerns over the company's significant spending on infrastructure expansion amidst rising profits. Moving forward, Oracle must prove that its infrastructure investments will lead to sustainable growth and profitability to regain investor confidence.
3 sourcesJun 13Low
- Business· World
SpaceX IPO Raises Concerns Over Market Valuation and AI Bubble Risks
SpaceX's impending IPO, valued at $1.75 trillion, has sparked criticism from veteran short seller James Chanos, who argues it reflects troubling trends in the broader market. This skepticism is fueled by growing fears of an AI bubble, which are particularly pronounced as the IPO approaches. The long-term implication could be a shift in investor confidence, potentially destabilizing the tech and AI sectors as they navigate this unprecedented market debut.
4 sourcesJun 13Low