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
5886 stories- Business· World
Lucid Group announces 18% workforce reduction amid restructuring efforts
Lucid Group has revealed plans to lay off approximately 1,500 employees, representing 18% of its U.S. workforce, as part of a restructuring initiative. This decision is driven by the need to simplify operations and align production with current demand in the electric vehicle market. The long-term implication of these changes may enhance Lucid's financial health and competitiveness in the evolving EV landscape.
6 sourcesJun 23
- Economy· MENA
Iran Closes Strait of Hormuz Causing Oil Price Surge
Iran has closed the Strait of Hormuz, causing a spike in oil prices. This closure follows a brief peace agreement between the U.S. and Iran, amidst escalating military tensions in the region. As geopolitical tensions remain high, oil prices are expected to remain volatile, with potential for further increases if the situation escalates.
3 sourcesJun 23
- Business· MENA
Emirates Airlines announces four new weekly flights to Ghana starting July 2026
Emirates Airlines is expanding its operations by adding four new weekly flights between Dubai and Accra, set to commence on July 12, 2026. This strategic move is aimed at enhancing connectivity and strengthening the airline's long-haul network. The expansion reflects Emirates' commitment to increasing its international presence and attracting more travelers to the region.
3 sourcesJun 22
- Economy· UAE
Dubai to Launch First Regulated Gold Spot T+0 Contract in Gulf Region
Dubai is set to introduce the region's first same-day gold contract on June 22, 2026. This initiative is driven by the need for improved cash management and delivery planning for local dealers. The long-term implication is that this contract could enhance Dubai's position as a key player in the global gold trading market and attract more traders to the region.
3 sourcesJun 22
- Economy· MENA
Algeria removed from Financial Action Task Force grey list after banking reforms
Algeria has been officially removed from the Financial Action Task Force's 'grey list' following significant reforms in its banking sector over the past 20 months. This decision was triggered by Algeria's progress in combating money laundering, recognized during a recent meeting in Paris. The long-term implication is that this improved standing may attract more foreign investment and enhance international financial operations in Algeria.
4 sourcesJun 22
- Crypto· World
CFTC permanently bans Celsius founder Alex Mashinsky from trading
The U.S. Commodity Futures Trading Commission has permanently banned Alex Mashinsky from trading in regulated markets as part of a settlement regarding its lawsuit against him. This action marks the CFTC's first-ever case against a crypto lending platform, reflecting a significant shift in regulatory oversight within the cryptocurrency sector. The long-term implication is likely to be increased scrutiny and potential regulatory changes affecting other cryptocurrency platforms as agencies like the CFTC and SEC continue to enforce compliance and protect investors.
4 sourcesJun 22
- Crypto· World
Algorand unveils roadmap for quantum-resistant blockchain by 2027
Algorand has announced a strategic roadmap to achieve quantum resistance by 2027, aiming to enhance its blockchain security against potential quantum computing threats. This initiative is driven by the urgency to address vulnerabilities in cryptographic systems ahead of regulatory deadlines set for 2030. If successful, Algorand's proactive measures could set a new standard for blockchain security across the cryptocurrency industry.
4 sourcesJun 22
- Crypto· World
Upbit lists nine new tokens enhancing altcoin market dynamics
Upbit has listed nine new tokens on its platform, marking a significant development in the cryptocurrency market. This expansion is driven by the exchange's strategy to enhance liquidity and attract more traders at this moment. The long-term implication is likely to be increased trading activity and potential shifts in investor strategies as the market reacts to these new offerings.
3 sourcesJun 22
- Crypto· World
AllUnity launches SEKAU stablecoin backed by Swedish krona under EU regulations
AllUnity has launched SEKAU, the first stablecoin backed by the Swedish krona, under the EU's MiCA regulatory framework. This launch is driven by the need for compliant digital currency solutions for institutional settlements and local currency transactions. The introduction of SEKAU could set a precedent for the future development of stablecoins in the European market.
3 sourcesJun 22
- Crypto· World
GoMining launches Bitcoin payment infrastructure for merchants
GoMining has introduced a new Bitcoin payment system that allows merchants to process transactions directly on the Bitcoin network with a low processing fee of 0.2%. This initiative is aimed at reducing transaction costs and enhancing Bitcoin's integration into everyday commerce, making it particularly relevant in the current digital payment landscape. If successful, this move could significantly increase Bitcoin adoption among retailers and reshape the digital payments industry.
3 sourcesJun 22
- Crypto· World
Ethereum faces potential funding crisis as support programs expire
Ethereum's core development is at risk of a funding crisis due to the expiration of existing support programs. This situation has been triggered by the imminent end of financial backing, which is crucial for sustaining development efforts. In the long term, the Ethereum community may need to innovate new funding models to ensure the network's continued growth and stability.
4 sourcesJun 22
- Crypto· World
Morgan Stanley Introduces Low-Fee Ethereum and Solana ETFs to Challenge Competitors
Morgan Stanley has amended its filings for Ethereum and Solana ETFs, setting a competitive fee of 0.14%. This strategic move is driven by the need to attract investors in a crowded cryptocurrency ETF market, particularly against established firms like BlackRock and Franklin Templeton. In the long term, this could lead to a reevaluation of pricing strategies across the industry, fostering increased competition and innovation in cryptocurrency investments.
4 sourcesJun 22
- Crypto· World
Ethereum Foundation Faces Leadership Crisis with Eight Departures in Five Months
The Ethereum Foundation has experienced a significant leadership crisis, highlighted by the recent resignation of co-executive director Hsiao-Wei Wang. This turmoil is occurring as the foundation reevaluates its financial strategies amidst concerns of a funding crisis for core development. The long-term implications may hinder Ethereum's ability to sustain its blockchain development and strategic direction.
3 sourcesJun 22
- Crypto· World
Coinbase's Base network to launch Beryl upgrade introducing B20 token standard
Base will activate its Beryl upgrade on June 25, introducing a native B20 token standard. This upgrade is happening now to enhance the network's infrastructure and improve Ethereum withdrawal speeds. The long-term implication is that this could attract more developers and projects to the Base ecosystem, influencing future token launches in the cryptocurrency space.
4 sourcesJun 22
- Crypto· World
Fidelity Investments launches new money market fund for stablecoin issuers
Fidelity Investments has introduced the FYMXX money market fund specifically designed for stablecoin reserve management. This launch is a direct response to the regulatory framework established by the GENIUS Act, which aims to govern stablecoin reserves. In the long term, this move could intensify competition among financial institutions in the stablecoin market and lead to further innovations and regulatory scrutiny.
3 sourcesJun 22
- Crypto· World
WhiteBIT EU secures MiCA license from Austria's Financial Market Authority
WhiteBIT EU has obtained a Markets in Crypto-Assets Regulation license from Austria, allowing it to operate within the European Economic Area. This development comes as the EU enforces stricter regulations for cryptocurrency exchanges ahead of a July 1, 2026 deadline for compliance. The long-term implication is that WhiteBIT's proactive compliance may set a precedent for other exchanges, fostering greater trust in the European cryptocurrency market.
3 sourcesJun 22
- Crypto· World
Texas brothers plead guilty to kidnapping Minnesota family for $8 million in cryptocurrency
Two Texas brothers have pleaded guilty to kidnapping a Minnesota family and forcing them to transfer $8 million in cryptocurrency. The immediate trigger for this violent crime was the brothers' desire to exploit the growing trend of cryptocurrency for financial gain. This incident highlights the increasing risks associated with digital currencies and may prompt calls for enhanced security measures and regulatory frameworks in the crypto space.
3 sourcesJun 22
- Crypto· World
Franklin Templeton files for Bitcoin DRIP ETFs to merge traditional finance with cryptocurrency
Franklin Templeton has filed for two innovative Bitcoin DRIP ETFs that will reinvest stock dividends into Bitcoin. This strategic move is driven by the firm's aim to enhance Bitcoin adoption and stabilize its market volatility through consistent demand. In the long term, this initiative could lead to broader acceptance of Bitcoin in mainstream finance and influence how investors approach digital assets.
5 sourcesJun 22
- Crypto· World
Secret Network bridge suffers $4.67 million loss from infinite-mint exploit
The Secret Network bridge experienced a significant security breach resulting in a loss of approximately $4.67 million due to an infinite-mint exploit. This vulnerability went undetected for a week before being patched, prompting Axelar to disable its bridge connections to prevent further losses. The incident underscores the urgent need for enhanced security measures in blockchain interoperability to protect against future vulnerabilities.
3 sourcesJun 22
- Business· World
Kalshi explores IPO as annualized revenue surpasses $2 billion
Kalshi is in early discussions with investment banks regarding a potential IPO following a significant increase in its annualized revenue, which has now exceeded $2 billion. This surge in revenue and trading volume, with monthly figures surpassing $16 billion, is driving the platform's move towards mainstream acceptance in the financial sector. If successful, Kalshi's IPO could enhance the legitimacy of prediction markets, attracting further institutional investment and regulatory attention.
6 sourcesJun 22