
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- Business· World
Lululemon Resolves Proxy Battle with Founder Chip Wilson
Lululemon Athletica has ended its proxy battle with founder Chip Wilson by agreeing to appoint two of his board nominees. This resolution comes as the company faces concerns over slowing growth and retail performance, prompting the need for stability. The long-term implication is that Lululemon must now focus on addressing its growth challenges and maintaining consumer interest to ensure future success.
6 sourcesMay 30Low
- Business· World
Trump administration considers funding for U.S. drone manufacturers
The Trump administration is exploring funding options for U.S. drone companies. This initiative is driven by the need to enhance domestic production and reduce costs amid rising competition. If successful, it could significantly transform the U.S. drone manufacturing landscape and foster innovation in the industry.
3 sourcesMay 30Low
- Crypto· World
CFTC Seeks to Vacate $5 Million Settlement with Gemini Cryptocurrency Exchange
The Commodity Futures Trading Commission has requested a judge to vacate a $5 million settlement with Gemini, a cryptocurrency exchange founded by the Winklevoss twins. This action follows a lobbying campaign by the twins, who argue that the settlement was reached through inappropriate tactics during the Biden administration. The outcome of this case could significantly reshape regulatory approaches to cryptocurrency exchanges in the United States.
4 sourcesMay 30Moderate
- Economy· MENA
Oil Prices Fall as U.S. and Iran Negotiate Reopening of Strait of Hormuz
Oil prices declined on May 27, 2026, due to emerging signs of a potential agreement between the U.S. and Iran to reopen the Strait of Hormuz. This shift is occurring as both nations engage in negotiations aimed at alleviating geopolitical tensions that have previously disrupted oil supply routes. If successful, this agreement could stabilize global oil markets and reduce supply concerns significantly over the long term.
13 sourcesMay 30Low
- Economy· World
Italy's GDP Growth Revised Upward to 0.3% in Q1 2026
Italy's GDP growth for the first quarter of 2026 has been revised up to 0.3%, surpassing the initial estimate of 0.2%. This adjustment is attributed to a significant increase in household consumption and strong export performance, despite rising energy prices and geopolitical tensions. The long-term outlook suggests that while the economy shows resilience, external factors such as the Iran conflict may pose challenges to sustained growth.
3 sourcesMay 29Low
- Economy· UAE
UAE government waives AED 834 million in interest for low-income retirees
The UAE government has announced a debt relief initiative waiving over AED 834 million in interest on loans for 2,339 low-income retirees. This decision, directed by President Sheikh Mohamed bin Zayed Al Nahyan, aims to alleviate financial burdens and improve the quality of life for Emirati retirees aged 50 and above. The long-term implication is expected to enhance social stability and potentially increase consumer spending among retirees in the UAE.
3 sourcesMay 29Low
- Crypto· World
Kelp DAO Restores rsETH Functionality After $293 Million Hack
Kelp DAO has successfully restored its rsETH functionality following a significant hack that resulted in a loss of $293 million. The recovery process took over five weeks and was linked to the Lazarus Group from North Korea. The long-term implication is that Kelp DAO must implement robust security measures to regain user trust and prevent future incidents.
3 sourcesMay 29Moderate
- Crypto· World
Cryptocurrency market faces record outflows amid geopolitical tensions
The cryptocurrency market has experienced significant outflows, with $1.47 billion withdrawn from digital asset investment products in the last week, marking Bitcoin's largest weekly outflow of 2026 at $1.315 billion. This shift is primarily triggered by rising geopolitical risks and unfavorable macroeconomic conditions, particularly related to Iran and increasing bond yields. In the long term, this trend may challenge investor confidence in cryptocurrencies as market participants await clearer economic signals and geopolitical developments.
3 sourcesMay 29Low
- Crypto· World
Ondo Finance founder Nathan Allman dies unexpectedly at 32
Nathan Allman, the founder of Ondo Finance, has died unexpectedly at the age of 32. The company's president, Ian De Bode, has been appointed as the new CEO to ensure leadership continuity during this transition. Ondo Finance aims to maintain its mission in real-world asset tokenization despite this significant loss.
5 sourcesMay 29Low
- Crypto· World
Strategy repurchases $1.5 billion in convertible debt to enhance Bitcoin holdings
Strategy has successfully repurchased $1.5 billion of its convertible debt at an 8% discount, reducing its outstanding notes to $6.7 billion. This strategic move is driven by the company's focus on restructuring its liabilities while bolstering its Bitcoin holdings to 843,738 BTC. In the long term, this debt reduction may enhance Strategy's financial flexibility and position in the cryptocurrency market.
3 sourcesMay 29Low
- Crypto· World
Hyperliquid launches validator-settled prediction markets for offchain events
Hyperliquid has introduced new validator-settled prediction markets for real-world offchain events as part of its HIP-4 upgrade. This strategic move is aimed at enhancing trading options and positioning Hyperliquid as a competitor to existing platforms like Polymarket. The long-term implication is that this could reshape trader engagement with macroeconomic events and expand Hyperliquid's user base in the cryptocurrency market.
4 sourcesMay 29Low
- Crypto· World
OKX Launches Exchange OS to Enable Custom Crypto Market Creation
OKX has launched Exchange OS on its Xlayer network, allowing developers to create various types of crypto markets. This initiative is driven by the need for increased market accessibility and diversity in the cryptocurrency space. In the long term, this could reshape the cryptocurrency trading landscape and challenge traditional exchanges, although high staking costs may hinder widespread adoption.
4 sourcesMay 29Low
- Crypto· World
Former Hodlnaut CEO Zhu Juntao Charged with Fraud in Singapore
Zhu Juntao, the former CEO of Hodlnaut, has been charged with six counts of fraud in Singapore related to misleading claims about the company's exposure to the TerraUSD collapse. This legal action is occurring nearly four years after the Terra/LUNA ecosystem's implosion, which resulted in significant financial losses for Hodlnaut and its customers. The outcome of this case may set a precedent for accountability in the cryptocurrency sector and influence future regulatory practices.
3 sourcesMay 29Low
- Crypto· World
Phishing Campaign Targeting Uniswap Users Results in $400,000 Theft
A phishing campaign exploiting Google Ads has led to significant financial losses for Uniswap users, with attackers reportedly stealing over $400,000. The immediate trigger for this incident is the use of fraudulent ads that direct users to fake Uniswap websites, highlighting vulnerabilities in online advertising platforms. In the long term, this incident is likely to prompt calls for stronger regulations and security measures in the digital advertising space to protect users from similar scams.
4 sourcesMay 29Low
- Crypto· World
SpaceX prepares for IPO with substantial Bitcoin holdings
SpaceX is set to become a major player in the Bitcoin market as it approaches its IPO, revealing it holds over 18,712 BTC, more than previously estimated. This surge in Bitcoin holdings is driven by a strategic shift towards digital assets, highlighted by Bitcoin Japan's recent investment in the company. The long-term implication is that SpaceX's involvement could reshape corporate cryptocurrency investments and influence regulatory frameworks in the financial sector.
4 sourcesMay 29Low
- Crypto· World
CME Group Implements 24/7 Trading for Bitcoin Futures Ending Weekend Gaps
CME Group has transitioned Bitcoin futures and options to 24/7 trading, effectively ending the weekend gap era. This change is driven by the need for increased market efficiency and institutional participation in cryptocurrency markets. The long-term implication is that Bitcoin's price may stabilize and target $67,000 as it approaches unresolved CME gaps.
3 sourcesMay 29Low
- Crypto· World
HYPE ETFs Inflows Misreported Below $100 Million Threshold
Reports claiming HYPE ETFs surpassed $100 million in inflows have been debunked, revealing actual inflows are in the tens of millions. This misrepresentation is occurring amid heightened scrutiny of financial reporting standards in the cryptocurrency sector. The long-term implication may lead to increased calls for regulatory oversight and transparency in the rapidly evolving digital asset market.
9 sourcesMay 29Low
- Crypto· World
Institutional Investment in HYPE Token Surges Amid Market Volatility
HYPE token has attracted significant institutional investment, with a16z purchasing $15 million worth of tokens and HYPE ETFs seeing over $100 million in inflows. This surge in interest is occurring as major players capitalize on a market pullback, indicating strong confidence in HYPE's potential. If this trend continues, HYPE is likely to solidify its position in the cryptocurrency market and attract further investments.
4 sourcesMay 29Low
- Economy· World
Gold prices decline below $4,550 amid U.S.-Iran military tensions
Gold prices have fallen to $4,521.80 per ounce due to escalating military actions between the U.S. and Iran. This decline is occurring as market participants react to rising interest rate expectations and inflation concerns, which are overshadowing gold's traditional role as a safe haven. In the long term, continued geopolitical tensions and economic indicators will likely lead to further fluctuations in gold prices.
4 sourcesMay 29Low
- Crypto· World
XRP traders face 47% average losses amid lowest liquidity since 2020
XRP traders are currently experiencing an average loss of 47%, with liquidity levels dropping to their lowest since 2020. This downturn is triggered by a significant shift in market sentiment towards extreme fear, which historically precedes potential price rebounds. Analysts are closely monitoring liquidity and sentiment indicators as they may signal a forthcoming recovery in XRP's price.
4 sourcesMay 29Low