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
8583 stories- Business· World
Apple reports $57 billion in iPhone revenue amid chip supply challenges
Apple's iPhone revenue surged to $57 billion, marking a 22% increase despite slightly missing sales estimates due to ongoing chip shortages. The immediate trigger for this situation is the company's reliance on advanced processors from TSMC, which are currently constrained. Long-term, Apple's ability to sustain this revenue growth will depend on resolving its chip supply issues to meet high consumer demand.
3 sourcesMay 3Low - Business· World
Roblox reports decline in daily active users and lowers full-year bookings forecast
Roblox has reported a significant drop in daily active users, falling to 132 million, and has revised its full-year bookings forecast downward. This decline is attributed to the recent implementation of new age-verification and child-safety features, which have hindered user growth. In the long term, the company may need to balance user safety with engagement strategies to recover its user base and stock value.
3 sourcesMay 3Low - Crypto· World
Shinhan Card and Solana Foundation Launch Stablecoin Payment Pilot
Shinhan Card and the Solana Foundation have launched a pilot program for stablecoin payments. This initiative is driven by a growing interest among traditional financial institutions in integrating blockchain technology into their operations. The long-term implication may lead to broader adoption of stablecoin payments and significant advancements in payment systems within traditional finance.
3 sourcesMay 3Low - Crypto· World
Wasabi Protocol loses over $5 million in multi-chain exploit due to compromised admin key
On April 30, 2026, Wasabi Protocol suffered a significant financial loss when an attacker exploited a compromised admin key, draining between $4.5 million and $5.5 million from its liquidity pools across three blockchains. This incident is triggered by ongoing vulnerabilities in decentralized finance platforms, particularly concerning the security of admin keys. In the long term, this breach may lead to increased calls for enhanced security measures and potential regulatory oversight in the DeFi sector.
4 sourcesMay 3Low
- Crypto· World
Tether Investments proposes merger to create comprehensive Bitcoin platform
Tether Investments has announced a merger proposal involving Twenty-One Capital, Strike, and Elektron Energy. This strategic initiative is aimed at enhancing market stability and innovation in cryptocurrency services, coinciding with a positive market response reflected in Twenty-One Capital's stock rise. If successful, the merger could position the new entity as a leader in the cryptocurrency market, reshaping the competitive landscape.
4 sourcesMay 3Low
- Crypto· World
Polymarket partners with Chainalysis to enhance insider trading surveillance
Polymarket has announced a partnership with Chainalysis to implement real-time monitoring tools aimed at detecting insider trading and suspicious activities. This collaboration comes in response to increasing regulatory scrutiny over insider trading practices in prediction markets. The initiative may set a precedent for enhanced regulatory compliance across the cryptocurrency sector, influencing other platforms to adopt similar measures.
4 sourcesMay 3Low
- Crypto· World
Gemini Secures CFTC Approval to Operate as Derivatives Clearing Organization
Gemini has received approval from the U.S. Commodity Futures Trading Commission to operate as a Derivatives Clearing Organization, enabling it to manage its own clearing for derivatives products. This approval is part of Gemini's strategy to expand into regulated derivatives and prediction markets, responding to the growing demand for such services. In the long term, this move positions Gemini to enhance its market share and competitiveness in the rapidly evolving crypto derivatives sector.
4 sourcesMay 3Low
- Business· World
MARA Holdings acquires Long Ridge Energy & Power for $1.5 billion
MARA Holdings has signed a $1.5 billion agreement to acquire Long Ridge Energy & Power, which includes a 505 MW natural gas power plant in Ohio. This strategic move is driven by the company's aim to enhance its energy resources to support AI data centers. The long-term implication is that this acquisition could reshape the dynamics of the cryptocurrency and AI industries by integrating energy resources more effectively.
4 sourcesMay 3Low
- Crypto· World
North Korean hackers dominate cryptocurrency thefts with record $577 million stolen in April 2026
In April 2026, North Korean hacking groups executed two major attacks, stealing approximately $577 million from the Drift Protocol and KelpDAO. This surge in thefts, accounting for 76% of all crypto losses this year, is attributed to the hackers' refined tactics and the vulnerabilities in the crypto infrastructure. The long-term implication is a likely increase in regulatory scrutiny and enhanced security measures within the cryptocurrency sector to combat this escalating threat.
5 sourcesMay 3Low - Crypto· World
Bitcoin price declines below critical support levels amid profit-taking
Bitcoin's price has declined below $76,500, raising concerns about the sustainability of its recent rally. This shift is triggered by increased selling pressure and profit-taking as traders react to the inability to maintain momentum near $78,000. If Bitcoin fails to hold above the critical support level of $75,000, it may face further declines, impacting market sentiment and trading strategies.
3 sourcesMay 3Low - Crypto· World
Meta initiates USDC payments for creators on Solana and Polygon networks
Meta has launched a new payment initiative allowing select creators to receive payouts in USDC stablecoin on the Solana and Polygon networks. This move comes four years after the collapse of its Libra project, reflecting the company's renewed focus on blockchain technology and cryptocurrency payments. The long-term implication could be a broader trend of mainstream companies embracing blockchain technology for payment systems.
3 sourcesMay 3Low - Crypto· UAE
Ripple establishes new headquarters in Dubai to expand blockchain operations in MENA
Ripple has launched a new headquarters in Dubai's International Financial Centre to enhance its operations in the Middle East and Africa. This expansion is driven by a surge in demand for regulated blockchain payment and custody solutions in the region. As Ripple strengthens its presence in Dubai, it is poised to capitalize on the increasing adoption of blockchain technology, potentially leading to greater market share and innovation in the sector.
4 sourcesMay 3Low
- Crypto· World
Ripple partners with Kbank to enhance digital asset adoption in South Korea
Ripple has formed a partnership with Kbank to support the expansion of digital asset wallets in South Korea. This collaboration is driven by the need to enhance institutional adoption of cryptocurrencies in the region. The long-term implication is a potential increase in demand for XRP and a shift in the regional market dynamics for digital assets.
3 sourcesMay 3Low - Crypto· World
Visa expands stablecoin settlement pilot to nine blockchains
Visa has expanded its stablecoin settlement pilot to include nine blockchains, achieving a $7 billion annualized settlement run rate. This expansion is driven by a notable increase in transaction volume and growing interest in stablecoins within the payments industry. The long-term implication suggests a robust future for stablecoin integration in mainstream payment systems, potentially leading to increased competition and innovation in the financial sector.
3 sourcesMay 3Low - Crypto· World
Alex Mashinsky Permanently Banned from Cryptocurrency Industry Following FTC Settlement
Alex Mashinsky, founder of the failed crypto lending platform Celsius, has been permanently banned from the cryptocurrency industry as part of a $10 million settlement with the FTC. This action comes in the wake of a $4.72 billion judgment against him for his role in the 2022 crash that left customers unable to access their funds. The ruling sets a precedent for accountability in the cryptocurrency sector, likely leading to stricter regulations and enhanced investor protections in the future.
3 sourcesMay 3Low - Crypto· World
Global crackdown on cryptocurrency pig-butchering scams leads to 276 arrests
Authorities have arrested 276 individuals and dismantled nine cryptocurrency scam centers involved in pig-butchering schemes. This operation is a result of increased collaboration among international law enforcement agencies, particularly the FBI, to combat rising investment fraud in the cryptocurrency sector. The long-term implication is likely to be stricter regulations on cryptocurrency to enhance investor protection and reduce fraudulent activities.
3 sourcesMay 3Moderate - Crypto· World
Bitcoin Struggles Below $78,000 Resistance Amid $490 Million ETF Outflows
Bitcoin remains below the $78,000 resistance level following over $490 million in recent ETF outflows. This significant withdrawal of institutional investment is driven by cautious market sentiment influenced by Federal Reserve discussions. Without a shift in investor confidence, Bitcoin's price may continue to face downward pressure in the near future.
3 sourcesMay 3Low
- Crypto· World
Bitcoin Approaches Critical $79,000 Resistance Amid Low Trading Volume
Bitcoin's price is currently around $78,300, with traders closely watching the $79,000 resistance level for a potential breakout. The immediate cause for this cautious market sentiment is a significant drop in trading volume by 21% and a lack of institutional demand as indicated by negative readings on the Coinbase Premium Index. If Bitcoin can break above the $79,000 resistance, it may signal a shift towards a bullish trend, while failure to do so could reinforce bearish sentiment among traders.
3 sourcesMay 3Low - Crypto· World
AIMCo invests $219 million in Bitcoin-linked assets through Strategy Inc.
Alberta Investment Management Corporation has made a significant investment of $219 million in Strategy Inc., marking its first entry into Bitcoin-linked assets. This decision comes as institutional investors increasingly seek exposure to Bitcoin amid fluctuating market conditions. The move may encourage further institutional engagement in the cryptocurrency sector, potentially stabilizing the market.
3 sourcesMay 3Low
- Crypto· World
Coinbase launches CUSHY fund targeting institutional investors
Coinbase Asset Management has introduced the CUSHY fund, a tokenized stablecoin credit fund aimed at qualified institutional investors. This initiative is occurring now to enhance on-chain credit access and attract significant institutional capital to cryptocurrencies, particularly Ethereum. The long-term implication is a potential transformation in the landscape of cryptocurrency investments and increased institutional adoption of digital assets.
5 sourcesMay 3Low