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
8518 stories- Crypto· World
Strategy Signals Renewed Bitcoin Purchases Amid Shareholder Dividend Discussions
Strategy has indicated a potential new purchase of Bitcoin following a recent sale that raised market concerns. This renewed interest comes as the company seeks shareholder approval for more frequent dividend payments, highlighting a strategic shift in balancing investments and returns. The long-term implication may involve a more aggressive stance on cryptocurrency holdings as the company navigates shareholder expectations and market volatility.
3 sourcesJun 3Low
- Business· MENA
Mutlaq Al-Ghowairi Contracting Co. announces IPO aiming to raise $799 million in Riyadh
Mutlaq Al-Ghowairi Contracting Co. is planning an initial public offering (IPO) in Riyadh, targeting to raise up to $799 million. This move comes as the first major listing in the Gulf region for 2026, indicating a potential resurgence in the capital markets. The success of this IPO may encourage more companies in the region to consider going public, reflecting a recovery in investor confidence.
3 sourcesJun 3Low
- Business· World
AI investment surge leads to decline in startup valuations and rise of fallen unicorns
The startup landscape is experiencing a significant shift as nearly half of America's unicorn startups have not secured new funding in three years, with over 220 now classified as 'fallen unicorns'. This decline is primarily driven by the disparity created by the recent boom in artificial intelligence investment, which favors generative AI startups over those established before ChatGPT's launch. The long-term implication suggests that startups must innovate and pivot towards AI technologies to survive in an increasingly competitive market.
3 sourcesJun 3Low
- Crypto· World
Strategy Inc. Sells Bitcoin for the First Time Since December 2022
On June 1, 2026, Strategy Inc. announced the sale of approximately 32 bitcoin, marking its first disposal since December 2022. This decision reflects a strategic pivot from its previous 'never-sell' policy, driven by market volatility and a need to adapt its financial strategies. The long-term implication suggests a potential shift in corporate bitcoin accumulation strategies, influencing investor sentiment and regulatory considerations in the cryptocurrency market.
16 sourcesJun 3Low
- Economy· World
UK house prices decline for the first time in 2026 amid rising mortgage rates and Iran conflict
House prices in the UK fell by 0.6% in May 2026, marking the first decline of the year. This shift is driven by rising mortgage rates linked to the ongoing conflict in Iran, which has created broader economic pressures. Experts predict that if these conditions persist, house prices could decrease by as much as 5% by the end of the year.
3 sourcesJun 3Low
- Economy· World
Canada requests 16-year renewal of USMCA trade agreement
Canada has formally requested a 16-year renewal of the USMCA trade pact. This move comes as trade discussions between Canada and the US have been stalled since late 2025, prompting the Canadian Trade Minister to take proactive steps. The renewal could revitalize trade relations in North America, influencing economic dynamics among Canada, the US, and Mexico.
3 sourcesJun 3Low
- Business· World
Anthropic Files for Confidential IPO with Record Valuation
Anthropic has confidentially submitted a draft Form S-1 to the SEC, initiating the process for a potential IPO that could become one of the largest in history. This move follows a significant Series H funding round that raised $65 billion, reflecting the company's rapid growth and high valuation amidst a competitive AI market. If successful, this IPO could reshape the investment landscape for AI companies and attract substantial interest from global investors.
61 sourcesJun 3Low
- Business· World
HIVE Digital Technologies reports record revenue while reducing Bitcoin holdings
HIVE Digital Technologies announced a record revenue of $298 million for FY2026, despite a significant reduction in its Bitcoin holdings to 150 BTC. This strategic shift is driven by a nearly doubling of revenue from AI computing, reflecting the company's adaptation to market volatility. In the long term, HIVE's focus on AI may position it for sustained growth as it mitigates risks associated with cryptocurrency fluctuations.
3 sourcesJun 2Low
- Economy· UAE
UAE's economy grows by 6.2% in 2025 driven by non-oil sectors
The UAE's GDP increased by 6.2% in 2025, reaching AED 1.9 trillion. This growth is attributed to a significant rise in the non-oil sector, particularly in construction and finance. The long-term implication is a continued focus on economic diversification and sustainability, reinforcing the UAE's position as a global business hub.
5 sourcesJun 2Low
- Business· UAE
Dubai Police Arrest Gang for AED 12 Million Luxury Oud Theft
An eight-member gang was arrested for stealing luxury oud worth AED 12 million from a merchant in Dubai. The gang's sophisticated scheme involved impersonating a princess and staging a VIP reception, prompting a swift response from law enforcement. This incident may lead to enhanced security protocols for luxury goods transactions in the region.
6 sourcesJun 2Low
- Business· World
Anthropic PBC reduces unauthorized share sellers from eight to four amid investor backlash
Anthropic PBC has cut its list of unauthorized platforms selling its shares from eight to four. This decision follows significant investor panic and backlash after an initial warning about unauthorized trading. The long-term implication may involve increased scrutiny and potential regulatory changes regarding unauthorized trading in private markets.
3 sourcesJun 2Low
- Crypto· World
SEC Charges Texas Resident in $12.3 Million Cryptocurrency Fraud Scheme
Nathan Fuller has been charged by the SEC for defrauding 150 investors through a fraudulent cryptocurrency investment scheme involving fake AI trading bots. This case highlights the increasing scrutiny and regulatory actions in the cryptocurrency sector, triggered by the rise in fraudulent activities. In the long term, this may lead to stricter regulations and enhanced investor protection measures in the crypto market.
3 sourcesJun 2Low
- Crypto· World
Bitcoin's Market Cap Declines to $1.46 Trillion Amid Prolonged Bear Market Forecast
Bitcoin's market cap has fallen to approximately $1.46 trillion, ranking it below several major tech companies and commodities. Analyst Ki Young Ju warns that the current bear market could extend into early 2027 due to historical profit-taking patterns and ongoing macroeconomic pressures. Investors should prepare for a prolonged downturn as conditions may not improve until early 2027, necessitating strategic adjustments in their approaches.
3 sourcesJun 2Low
- Crypto· World
Gravity Bridge suffers $5.4 million hack due to compromised signing key
Gravity Bridge experienced a significant security breach resulting in the theft of approximately $5.4 million. The attack was triggered by a compromised signing key, leading the protocol's team to halt operations for investigation. This incident underscores the vulnerabilities in decentralized finance protocols and may prompt enhanced security measures across the industry.
4 sourcesJun 2Moderate
- Crypto· World
Experts Warn of Quantum Threats to Bitcoin Beyond Wallet Security
Security experts have raised alarms about the quantum risks facing Bitcoin, particularly regarding the harvesting of encrypted data in transit. This concern is driven by the slow adaptation of Bitcoin's governance and technology to emerging quantum threats. If the cryptocurrency industry fails to evolve rapidly, it risks losing investor trust and market share to more adaptable blockchain networks.
3 sourcesJun 2Low
- Crypto· World
Circle blacklists Zama privacy protocol contract freezing $12.6 million in user funds
Circle has blacklisted a smart contract associated with the Zama privacy protocol, resulting in the freezing of approximately $12.6 million in user funds. This action was taken following a U.S. federal court order related to a civil lawsuit against a founder of Overnight Finance. The incident raises concerns about the implications of centralized control in decentralized finance and may prompt regulatory scrutiny in the future.
4 sourcesJun 2Low
- Crypto· World
Crypto exploit losses drop to $68 million in May 2026
Crypto exploit losses fell to $68 million in May 2026, down from $650 million in April. This significant reduction is attributed to improved security measures addressing code vulnerabilities. The trend suggests a more resilient cryptocurrency market, potentially increasing investor confidence and fostering innovation in security solutions.
3 sourcesJun 2Low
- Business· World
Chemical accident at Nippon Dynawave Packaging facility results in 11 fatalities
A chemical tank explosion at the Nippon Dynawave Packaging facility in Washington has led to the confirmed deaths of 11 individuals. The incident, which occurred on May 26, 2026, has raised immediate concerns regarding safety protocols in chemical manufacturing. In the long term, this tragedy is likely to prompt regulatory scrutiny and potential changes to safety standards in the industry.
3 sourcesJun 2Low
- Economy· World
Federal Reserve Reassesses Interest Rate Strategy Amid Rising Inflation
The Federal Reserve is under pressure to maintain higher interest rates as inflation in the U.S. reaches 3.8%. This shift is triggered by escalating energy prices linked to the ongoing conflict in Iran, prompting central banks to delay anticipated rate cuts. Long-term, this could lead to sustained higher borrowing costs, impacting both consumers and businesses in the economic landscape.
3 sourcesJun 2Moderate
- Business· World
UAW workers strike at Dauch Corp. plant disrupting GM truck production
Nearly 1,000 UAW workers have initiated a strike at Dauch Corp.'s Michigan plant, halting the production of key components for General Motors trucks. This labor action is triggered by ongoing tensions in the U.S. manufacturing sector, exacerbated by rising costs and supply chain vulnerabilities. The long-term implication may involve further disruptions in the automotive supply chain, potentially affecting production schedules and financial performance for major automakers like GM.
3 sourcesJun 2Low