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
8533 stories- Economy· World
ECB Vice-President Calls for Caution on Interest Rates Amid Banking Merger Tensions
Luis de Guindos, the outgoing vice-president of the European Central Bank, has urged caution regarding interest rate hikes, which could stabilize cryptocurrency markets. His remarks come as he prepares to leave the ECB and follow criticism of the German government's opposition to UniCredit's bid for Commerzbank. The long-term implication may involve increased scrutiny on national interventions in banking and their effects on the EU's single market principles.
3 sourcesMay 11Low
- Economy· World
Oil prices rise amid escalating U.S.-Iran tensions
Oil prices increased by over 1% due to renewed conflicts between the United States and Iran. The immediate trigger is the failure to reach a peace agreement, raising concerns about the closure of the vital Strait of Hormuz. Long-term implications suggest continued volatility in oil prices as global supply concerns persist.
3 sourcesMay 11High
- Business· UAE
Emirates Airlines unveils new A380 livery featuring UAE flag
Emirates Airlines has revealed a new livery for its Airbus A380 prominently displaying the UAE flag. This initiative is part of a campaign to celebrate national pride and enhance the airline's global representation of the UAE. The long-term implication may include future designs that further promote national symbols, reinforcing Emirates' role as a global ambassador for the UAE.
3 sourcesMay 11Low
- Economy· UAE
UAE banks provide Dh6.2 billion in financial relief to 65,000 customers affected by Iran war
UAE banks have announced a financial support package totaling Dh6.2 billion for over 65,000 customers impacted by the ongoing Iran war. This initiative is a direct response to the escalating economic challenges faced by individuals and businesses in the region. The long-term implication may involve further financial measures to stabilize the local economy amid continued regional instability.
3 sourcesMay 11Low
- Economy· World
US dollar experiences second consecutive weekly decline amid US-Iran tensions
The US dollar has fallen for the second week in a row, with the dollar index dropping to 97.96. This decline is primarily driven by investor reactions to renewed hostilities between the US and Iran, alongside cautious optimism for a potential resolution. Long-term, the dollar's performance will be closely linked to developments in US-Iran relations and upcoming economic data releases.
3 sourcesMay 11Low
- Business· MENA
Saudi Arabia and Jordan strengthen industrial cooperation through virtual ministerial meeting
Saudi and Jordanian ministers held a virtual meeting to discuss industrial integration and investment opportunities. This meeting is a response to the ongoing need for enhanced economic relations and regional supply chain resilience. The long-term implication is a potential increase in collaborative projects that could bolster economic stability in the region.
4 sourcesMay 11Low
- Business· World
Tesla recalls Cybertruck models over wheel detachment risk
Tesla has announced a recall for certain RWD Cybertruck Long Range models due to faulty brake rotors that may lead to wheel separation. This recall, the 11th for the Cybertruck, is prompted by ongoing quality control issues that have plagued the vehicle since its launch. The long-term implication is that Tesla must enhance its manufacturing processes to restore consumer confidence and improve sales in a competitive electric vehicle market.
3 sourcesMay 11Low
- Crypto· World
Chaos Labs targeted by suspected nation-state cyberattack prompting security overhaul in crypto sector
Chaos Labs has experienced a sophisticated hacking attempt believed to be orchestrated by a nation-state actor. This incident has triggered several crypto firms to switch their oracle providers to enhance security measures. In the long term, the cryptocurrency industry is likely to see increased regulatory scrutiny and a push for stronger security protocols to mitigate state-sponsored cyber threats.
3 sourcesMay 11Low
- Business· World
TeraWulf's HPC Revenue Surpasses Bitcoin Mining for First Time
TeraWulf has reported that its high-performance computing lease revenue reached $21 million, exceeding Bitcoin mining income for the first time. This shift is driven by the company's strategic pivot towards AI infrastructure amidst ongoing financial challenges, including a net loss of $427 million in Q1 2026. The long-term implication suggests that TeraWulf's focus on AI may reshape its financial landscape and operational focus in the coming quarters.
3 sourcesMay 11Low
- Crypto· World
Coinbase experiences significant outage due to AWS data center failure
Coinbase faced a major outage lasting over two hours, disrupting trading services and account access for users. The incident was triggered by a cooling failure at an AWS data center, prompting CEO Brian Armstrong to label it 'unacceptable' and announce plans for infrastructure reassessment. In the long term, this may lead to improved service reliability and user trust as the company addresses its ongoing financial challenges and infrastructure weaknesses.
4 sourcesMay 11High
- Crypto· World
Revolut Users Encounter Bitcoin Pricing Glitch Due to Third-Party Provider Failure
Revolut's app displayed Bitcoin at an erroneous price of 2 cents due to a glitch caused by a failure in a third-party pricing provider. This incident occurred amidst increasing scrutiny on the reliability of data in cryptocurrency trading platforms. The long-term implication is a heightened focus on improving data integrity and infrastructure within the crypto industry to maintain user trust.
3 sourcesMay 11Low
- Crypto· World
Tether Freezes $515 Million in USDT as Part of Compliance Measures
Tether has frozen approximately $515 million in USDT linked to 371 addresses due to compliance measures. This action is driven by increasing regulatory scrutiny and the need to combat illicit activities within the cryptocurrency space. The long-term implication may lead to more stringent regulations affecting how users interact with stablecoins and reshape the market landscape.
5 sourcesMay 11Low
- Crypto· World
Revolut Bitcoin Pricing Glitch Causes User Confusion
Revolut users reported a significant glitch that displayed Bitcoin prices at just two cents, while the actual market price was around $79,000. This incident occurred on May 8, 2026, highlighting the platform's data validation issues and raising concerns among users. In the long term, this may lead to increased regulatory scrutiny and demands for improved data accuracy in cryptocurrency trading platforms.
3 sourcesMay 11Low
- Crypto· World
Michael Saylor's Strategy Plans Up to $30 Billion Bitcoin Investment This Year
Michael Saylor's Strategy has announced plans to potentially invest up to $30 billion in Bitcoin this year while also considering selective sales of its holdings. This aggressive acquisition strategy is driven by a desire to manage treasury risks and optimize returns amid favorable market conditions. The long-term implication could reshape corporate investment strategies in cryptocurrency, influencing broader market dynamics.
3 sourcesMay 11Low
- Crypto· World
Bored Ape Yacht Club NFTs Experience Significant Price Surge
Bored Ape Yacht Club (BAYC) NFTs have seen their floor prices rise from $14,300 to $25,150 in the past month. This surge is driven by a renewed risk appetite among crypto traders, indicating a shift towards speculative investments in the NFT market. The long-term implication suggests a potential recovery and growth in the broader digital asset sector as investor confidence increases.
3 sourcesMay 11Low
- Business· World
SoftBank reduces OpenAI-backed margin loan target by 40%
SoftBank has cut its target for a margin loan backed by its stake in OpenAI from $10 billion to $6 billion. This decision follows lender concerns about the valuation of OpenAI, prompting a reassessment of the loan amount. The long-term implication may involve a shift in investment dynamics within the AI sector as lenders become more cautious about funding private tech companies.
6 sourcesMay 11Low
- Economy· World
ECB President Lagarde Rejects Euro Stablecoins Citing Financial Risks
Christine Lagarde, President of the European Central Bank, has expressed strong skepticism about euro-denominated stablecoins, warning of their potential risks to financial stability and monetary policy. This skepticism arises as the ECB prioritizes the development of a digital euro to ensure robust financial infrastructure. The long-term implication is that regulatory frameworks may evolve to limit the influence of private stablecoins in Europe.
11 sourcesMay 11Moderate
- Business· World
Commerzbank announces 3,000 job cuts to enhance profitability amid takeover threat
Commerzbank has revealed plans to cut 3,000 jobs as part of a strategy to improve its financial performance. This decision comes in response to a potential takeover bid from UniCredit, prompting the bank to raise its financial targets for 2028. The long-term implication is that these restructuring efforts may strengthen Commerzbank's competitive position in the banking sector and help it resist acquisition attempts.
3 sourcesMay 11Low
- Economy· World
World food prices hit three-year high amid ongoing inflationary pressures
The FAO reported a rise in world food prices to a three-year high in April 2026. This increase is driven by supply chain disruptions and heightened demand for food commodities. The long-term implication suggests that rising food prices will challenge food security and economic stability, prompting potential government interventions.
3 sourcesMay 11Low
- Business· World
Intertek Group rejects $12.1 billion takeover bid from EQT AB
Intertek Group Plc has rejected EQT AB's $12.1 billion takeover offer, citing concerns that the bid undervalues the company. The rejection comes amid a strategic review and increasing pressure from investors for Intertek to reconsider negotiations with the private equity firm. This situation may lead to renewed discussions or a revised offer from EQT as investor sentiment continues to push for engagement.
3 sourcesMay 11Low