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
Sharplink and Forward Industries to Join Russell 2000 and 3000 Indexes
Sharplink and Forward Industries will be included in the Russell 2000 and 3000 indexes on June 29. This inclusion is driven by a growing acceptance of cryptocurrency firms in mainstream financial markets, as evidenced by their substantial crypto holdings of $2.3 billion. The long-term implication is an anticipated increase in institutional investment and innovation within the cryptocurrency sector as more firms seek similar recognition.
3 sourcesMay 30Low
- Crypto· World
Base launches AI tool for cryptocurrency wallet management
Base has introduced the Base MCP skill, enabling AI agents to manage cryptocurrency wallets and perform functions such as fund transfers and token swaps. This launch is driven by the need to enhance accessibility in decentralized finance while addressing security concerns through user approval for transactions. The long-term implication is a potential increase in the adoption of DeFi solutions as AI integration improves user experience and security in cryptocurrency management.
3 sourcesMay 30Low
- Crypto· World
Fold Holdings launches Bitcoin credit card with 4% rewards program
Fold Holdings has initiated the rollout of its Bitcoin credit card, which offers a 4% rewards program to select users. This launch is supported by a newly secured $150 million credit facility aimed at expanding the credit card's reach and capabilities. The move signifies a growing trend of integrating cryptocurrency into mainstream financial products, potentially reshaping consumer rewards systems in the long term.
4 sourcesMay 30Low
- Crypto· World
Cash App launches USDC payments for 60 million users
Cash App has begun enabling USDC payments for its users, marking a significant shift in cryptocurrency adoption. This rollout is triggered by the growing demand for stablecoins as mainstream financial tools and is expected to reach all users by the end of the week. The long-term implication is that successful integration of USDC could redefine digital payments and enhance the credibility of stablecoins in everyday transactions.
4 sourcesMay 30High
- Crypto· World
Mastercard secures New York BitLicense for digital asset services
Mastercard has obtained a BitLicense from the New York State Department of Financial Services, enabling it to operate digital asset services in New York. This regulatory approval comes as Mastercard aims to enhance its stablecoin and tokenized deposit infrastructure amidst a growing trend of traditional financial institutions embracing blockchain technology. The long-term implication is that Mastercard's entry into the digital asset space may accelerate innovations in blockchain-based payment solutions across the financial landscape.
6 sourcesMay 30Moderate
- Crypto· World
Streamex and Orca launch 24/7 trading for gold-backed GLDY token on Solana
Streamex and Orca have introduced a new trading infrastructure for the gold-backed GLDY token on the Solana blockchain, enabling continuous trading for accredited investors. This launch is driven by the increasing demand for tokenized real-world assets in the cryptocurrency market. The long-term implication is a potential shift in investment strategies as tokenized securities gain traction in traditional finance.
3 sourcesMay 30Low
- Crypto· World
Kraken launches Bitcoin Vault product attracting $30 million in deposits
Kraken has introduced the Bitcoin Vault, a new yield product for Bitcoin holders that allows them to earn returns while maintaining exposure to Bitcoin's price. The immediate success of the product, which garnered $30 million in deposits within 10 hours, reflects a growing demand for yield-generating options in the cryptocurrency market. This launch may signal a broader trend towards integrating decentralized finance strategies into mainstream cryptocurrency offerings, potentially reshaping investor engagement in the sector.
3 sourcesMay 30Moderate
- Crypto· World
UK sanctions cryptocurrency exchange HTX over alleged Russian sanctions evasion
The UK government has sanctioned HTX, a cryptocurrency exchange, due to allegations of its involvement in facilitating Russian sanctions evasion. This action follows accusations that HTX funneled $1.5 billion to Russia through its affiliate Huobi Global S.A. The long-term implication may lead to increased regulatory scrutiny across the cryptocurrency sector as exchanges reassess their compliance measures and relationships with HTX.
3 sourcesMay 30Low
- Economy· World
China's AI Export Boom Strengthens Economic Resilience Amid Currency Concerns
China's AI investment surge is significantly enhancing its export capabilities and alleviating worries about the strength of the yuan. This shift is driven by a global increase in AI hardware demand, which is allowing Beijing to navigate currency fluctuations more comfortably. In the long term, this trend may reshape global trade dynamics, although China must remain cautious of potential overinvestment and external regulatory pressures.
3 sourcesMay 30Low
- Crypto· MENA
South Korea indicts five in landmark decentralized exchange rug pull case
Five individuals have been indicted in South Korea for their involvement in a rug pull scheme related to the CATFI memecoin, marking the country's first criminal case against such activities on a decentralized exchange. This legal action is triggered by significant financial losses amounting to approximately $600,000 for 256 investors, highlighting the urgent need for regulatory enforcement in the crypto sector. The long-term implication is a potential increase in prosecutions and stricter regulations aimed at protecting investors in decentralized finance as South Korea strengthens its crypto regulatory framework.
5 sourcesMay 30Low
- Crypto· World
Falcon Finance launches fUSD stablecoin for institutional clients
Falcon Finance has introduced fUSD, a new stablecoin aimed at institutional trading and backed by U.S. Treasuries. This launch is driven by the growing demand for compliant digital assets in regulated markets. In the long term, fUSD could significantly enhance institutional adoption of stablecoins and stabilize the cryptocurrency market.
3 sourcesMay 30Low
- Crypto· World
Banca Sella becomes first Italian bank approved for cryptocurrency services under MiCA
Banca Sella has received authorization from the Bank of Italy to offer cryptocurrency services, marking a significant milestone for the integration of digital assets in traditional banking. This approval comes as part of the EU's broader regulatory framework for cryptocurrency assets, specifically the Markets in Crypto-Assets Regulation (MiCA). The long-term implication is that this pioneering move may encourage other Italian banks to explore similar cryptocurrency offerings, potentially transforming the banking landscape in Italy.
5 sourcesMay 30Low
- Crypto· World
Polymarket Enforces Stricter KYC Measures Amid Regulatory Scrutiny
Polymarket is tightening its Know Your Customer (KYC) requirements for traders, specifically for a new beta product. This decision is driven by increasing regulatory pressures and legal risks associated with sanctions and geoblocking failures. The long-term implication may lead to a shift in compliance practices across the cryptocurrency market as other platforms respond to similar scrutiny.
3 sourcesMay 30Moderate
- Crypto· World
BitMine Immersion Technologies makes largest Ethereum purchase of 2026 amid market challenges
BitMine Immersion Technologies has acquired 111,942 Ether, marking its largest purchase of the year. This strategic move comes as the company faces approximately $8 billion in unrealized losses, with Tom Lee betting on a potential Ethereum 'supercycle'. If successful, BitMine's staking strategy could restore confidence in Ethereum and influence broader market trends.
3 sourcesMay 30Low
- Economy· World
BIS Advances Project Agorá to Real-Value Trials for Tokenized Payments
The Bank for International Settlements has transitioned its Project Agorá from prototype testing to real-value trials for tokenized bank payments. This shift is driven by successful atomic settlement tests and collaboration with seven central banks and over 40 financial institutions. The long-term implication could be a significant transformation in cross-border payment efficiency and regulatory frameworks in global finance.
4 sourcesMay 30Low
- Crypto· World
XRP price rebounds above $1.30 amid bearish market pressures
XRP's price has recently rebounded above $1.30 after significant trading volume, despite ongoing bearish market conditions. The immediate trigger for this fluctuation is the breach of key support levels, which has raised concerns among investors about potential further declines. In the long term, continued volatility is expected as investors remain cautious and monitor for further bearish signals that could push XRP below $1.
3 sourcesMay 30Low
- Crypto· World
Bitcoin tests critical support levels amid geopolitical tensions
Bitcoin has dropped below $75,000, raising concerns about a potential further decline. This price drop is triggered by rising geopolitical tensions and bearish market signals, with analysts warning of a possible fall to $60,000 if key support levels fail to hold. The long-term implication suggests that market participants should remain vigilant as the cryptocurrency's future movement hinges on its ability to maintain critical support levels.
3 sourcesMay 30Low
- Crypto· World
Stake DAO suffers major exploit leading to minting of 5.4 trillion synthetic tokens
An attacker exploited a vulnerability in Stake DAO's Arbitrum protocol, minting 5.4 trillion vsdCRV tokens. This incident highlights ongoing security weaknesses in decentralized finance (DeFi) protocols, prompting immediate actions from Stake DAO to secure funds and close the affected bridge. In the long term, this exploit may lead to increased scrutiny and the implementation of stricter security measures across the DeFi sector to protect users and funds.
5 sourcesMay 30Low
- Crypto· World
Bitcoin and Ether ETFs face record outflows as HYPE ETFs gain momentum
Bitcoin and Ether ETFs have experienced outflows totaling $350 million over the past nine days, indicating a significant shift in investor sentiment. This trend is driven by a growing interest in altcoin investments, particularly in the newly launched HYPE ETFs, which have surpassed $100 million in inflows within their first 10 trading sessions. The long-term implication suggests that altcoin ETFs may become increasingly prominent in investment portfolios, reshaping the cryptocurrency market landscape.
5 sourcesMay 30Low
- Crypto· World
XRP Ledger Foundation Proposes AMM Swappable Curves Upgrade for DEX
The XRP Ledger Foundation has introduced a draft proposal for AMM Swappable Curves to improve liquidity and trading on its decentralized exchange. This upgrade is occurring now to enhance trading options and attract institutional capital, building on the existing XLS-30 design. If successfully implemented, it could significantly increase the XRP Ledger's competitiveness in the DeFi landscape and draw more institutional interest.
3 sourcesMay 30Low