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- Economy· MENA
Riyadh launches fourth phase of road development program with 9.8 billion Riyals investment
The Royal Commission for Riyadh City has initiated the fourth phase of its Main and Ring Road Axes Program, focusing on enhancing the city's road infrastructure. This significant investment of 9.8 billion Riyals is aimed at accommodating increased daily traffic and improving urban mobility. Long-term, the project is expected to alleviate congestion and set a precedent for future urban development initiatives in Riyadh.
3 sourcesJun 25
- Business· World
Bending Spoons plans $1.62 billion IPO on Nasdaq
Bending Spoons SpA is preparing to raise up to $1.62 billion through an initial public offering on the Nasdaq, targeting a valuation of $19 billion. This move is occurring amid a broader rebound in U.S. tech listings, reflecting strong investor interest in the sector. If successful, the IPO could enable Bending Spoons to pursue further acquisitions and growth in the tech landscape.
5 sourcesJun 25
- Crypto· World
Taiko suffers $1.7 million loss due to bridge exploit
Taiko's bridge validation mechanism was compromised, leading to a $1.7 million loss. The exploit was triggered by forged withdrawal proofs, highlighting ongoing vulnerabilities in cross-chain bridge security. This incident may prompt stronger security measures and regulatory scrutiny in the decentralized finance sector.
6 sourcesJun 25
- Crypto· World
Morgan Stanley Launches Low-Fee Ethereum and Solana ETFs Impacting Market Dynamics
Morgan Stanley has filed amended SEC documents for Ethereum and Solana ETFs with a record low fee of 0.14%. This strategic pricing decision has triggered a nearly 9% surge in Solana's market price and prompted competitors like Grayscale to reconsider their offerings. In the long term, this move may reshape the cryptocurrency investment landscape by attracting more investors and pushing existing ETF providers to innovate and reduce fees.
3 sourcesJun 25
- Crypto· World
Bitcoin Surges Above $65,000 Amid U.S.-Iran Oil Sales Authorization
Bitcoin's price has surged above $65,000 following a temporary authorization by the U.S. Treasury for Iranian oil sales. This price increase is occurring now due to the establishment of a roadmap for a final U.S.-Iran deal within 60 days, alongside a slowdown in ETF outflows. The long-term implication is that ongoing negotiations between the U.S. and Iran could further influence Bitcoin's price and market dynamics.
3 sourcesJun 25
- Crypto· World
Bitcoin price declines amid U.S.-Iran negotiations impacting oil markets
Bitcoin's price has dropped toward key support levels following news of progress in U.S.-Iran talks. The immediate causality stems from the agreement on a roadmap for a final peace deal, which has led to a decrease in oil prices. Long-term implications suggest that ongoing geopolitical developments may continue to create volatility in the cryptocurrency market, particularly for Bitcoin.
3 sourcesJun 25
- Crypto· World
Strategy acquires 520 Bitcoin and boosts USD reserves to $1.4 billion
Michael Saylor's company, Strategy, has purchased 520 Bitcoin, increasing its total holdings to 847,363 BTC while also raising its USD reserves to $1.4 billion. This acquisition is part of a broader strategy to maintain liquidity and invest in Bitcoin amidst ongoing market challenges. The continued accumulation of Bitcoin by Strategy may influence market dynamics and investor sentiment in the cryptocurrency space.
5 sourcesJun 25
- Crypto· World
XRP ETF inflows reach $1.45 billion amid stagnant price action
XRP has experienced significant ETF inflows totaling $1.45 billion over the past seven weeks, yet its price remains below critical resistance levels. This situation arises as investors shift their focus from Bitcoin to XRP, indicating a potential change in market sentiment. If the current trends persist, XRP may see a price breakout as demand continues to build.
4 sourcesJun 25
- Crypto· World
U.S.-Iran nuclear talks boost Bitcoin value amid easing tensions
Recent negotiations between the U.S. and Iran regarding nuclear inspections have led to a significant increase in Bitcoin's price, which surged to $65,555. This rise is attributed to heightened investor confidence as geopolitical tensions ease. If these diplomatic efforts continue, we may see sustained growth in Bitcoin and other risk assets as market stability improves.
3 sourcesJun 25
- Crypto· World
MoneyGram becomes validator on Solana blockchain
MoneyGram has officially joined the Solana blockchain as a validator, marking its first direct involvement at the protocol level of a public blockchain. This strategic shift is driven by the company's aim to enhance its blockchain payments strategy and support stablecoin adoption in the remittance industry. In the long term, this move could lead to innovations in blockchain-based payment solutions and improved transaction efficiencies.
6 sourcesJun 25
- Crypto· World
Securitize files lawsuit against tZERO over tokenized securities patent dispute
Securitize has initiated legal proceedings against tZERO in Delaware concerning patent claims related to tokenized securities. This lawsuit arises amid growing institutional interest from Wall Street in the tokenization of assets. The outcome of this case could significantly influence the future landscape of tokenized securities and their adoption in traditional finance.
3 sourcesJun 25
- Crypto· World
Crypto Industry Lobbies for Tax Clarification Bill H.R. 9175 in Congress
The cryptocurrency industry is actively lobbying Congress to pass H.R. 9175, a bill that would clarify the tax treatment of rewards from mining and staking. This push is occurring now as the industry seeks favorable tax policies amidst ongoing regulatory discussions and opposition from traditional financial institutions. If successful, the bill could reshape the taxation landscape for cryptocurrency in the U.S., impacting how digital assets are treated in the long term.
5 sourcesJun 25
- Crypto· World
Ethereum validators propose redirecting staking rewards to ecosystem projects
Ethereum validators are currently debating a proposal that would allow them to redirect up to 10% of their staking rewards to support ecosystem initiatives. This proposal arises in response to ongoing funding challenges within the Ethereum community, aiming to enhance support for public goods. If adopted, this could significantly reshape governance and funding dynamics within the Ethereum ecosystem, raising concerns about potential cartelization among validators.
5 sourcesJun 25
- Business· UAE
HSBC launches tokenized deposit service for UAE dirham on Orion blockchain
HSBC has introduced a tokenized deposit service for the UAE dirham on its Orion blockchain network. This launch is driven by the need for enhanced cash management solutions and real-time liquidity for corporate clients. The long-term implication is a potential shift towards broader adoption of blockchain technology in corporate finance across the region.
3 sourcesJun 25
- Crypto· World
BitMine increases Ethereum holdings to 5.67 million ETH amid market volatility
BitMine has purchased an additional $92 million in Ethereum, raising its total holdings to 5.67 million ETH. This aggressive accumulation strategy is driven by the firm's goal to control 5% of the total Ethereum supply, potentially creating a supply squeeze. As BitMine continues its strategy, the Ethereum market may face increased volatility and significant price movements.
4 sourcesJun 25
- Crypto· World
Toss Bank partners with Solana Foundation to enhance cross-border remittances
Toss Bank has signed a memorandum of understanding with the Solana Foundation to test blockchain-based remittance solutions. This initiative is driven by the bank's goal to improve overseas payment capabilities for its 15 million customers. If successful, this collaboration could lead to a significant transformation in the efficiency and cost-effectiveness of international money transfers.
3 sourcesJun 25
- Crypto· World
Strive, Inc. increases Bitcoin holdings to 19,864 BTC amid market downturn
Strive, Inc. has purchased 759 Bitcoin, raising its total holdings to 19,864 BTC. This acquisition is part of a broader trend among corporations seeking to strengthen their treasury with cryptocurrency during current market fluctuations. The long-term implication may lead to increased institutional investment in Bitcoin, potentially affecting market volatility and corporate financial strategies.
5 sourcesJun 25
- Crypto· World
Institutional Investors Withdraw $134 Million from Bitcoin and Ether ETFs
US spot Bitcoin and Ether ETFs experienced outflows of approximately $134 million, marking the sixth consecutive week of declines. This trend is driven by institutional investors de-risking their portfolios and reallocating capital towards alternative assets like AI equities. The long-term implication suggests that the cryptocurrency market may need to adapt to shifting investor preferences to regain interest and investment.
4 sourcesJun 25
- Business· World
Bain & Company Implements AI-Driven Prototyping for Software Acquisition Assessments
Bain & Company has begun using AI-driven prototyping, referred to as vibecoding, to evaluate potential software acquisition targets by recreating their products. This shift is driven by the need for more accurate assessments of competitive advantages in the software market at this moment. The long-term implication is a potential transformation in how software companies are valued within the private equity sector, influencing investment strategies significantly.
4 sourcesJun 25
- Crypto· World
Andrew Cuomo appointed co-chair of new cryptocurrency venture with OKX and ICE
Andrew Cuomo has joined OKX and ICE to lead a tokenization venture aimed at integrating traditional finance with digital assets. This initiative is occurring now as the demand for access to tokenized equities and futures grows amid evolving financial landscapes. Long-term, this collaboration could significantly reshape the interaction between traditional and digital finance, pending regulatory approvals and market acceptance.
5 sourcesJun 25