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
8632 stories- Crypto· World
Volo Protocol suffers $3.5 million exploit impacting DeFi security
Volo Protocol experienced a significant exploit resulting in a loss of approximately $3.5 million, affecting its vaults containing Wrapped Bitcoin, XAUm, and USDC. This incident follows a recent breach of KelpDAO, highlighting ongoing vulnerabilities in decentralized finance protocols. As the protocol commits to user compensation and recovery efforts, the incident may prompt increased scrutiny and demand for stronger security measures in the DeFi sector.
3 sourcesApr 25Low - Crypto· World
UK FCA conducts major crackdown on illegal P2P crypto trading
The UK's Financial Conduct Authority has raided eight locations in London suspected of facilitating illegal peer-to-peer crypto trading. This operation is part of a broader regulatory effort to combat financial crime in the cryptocurrency sector. The long-term implication may lead to increased scrutiny and enforcement actions against unregistered crypto platforms in the UK.
5 sourcesApr 25Moderate
- Economy· World
Pyth Network Partners with Kalshi to Enhance Commodities Trading with Blockchain Data
Pyth Network has expanded its partnership with Kalshi to provide pricing data for commodities markets. This collaboration is driven by Kalshi's launch of a new commodities hub that will utilize Pyth's real-time pricing data for trade settlements. The long-term implication is a potential transformation in how commodities trading is executed, leading to increased efficiency and integration of blockchain technology in the sector.
3 sourcesApr 25Low
- Crypto· World
American Bitcoin boosts mining capacity with new ASIC miners leading to stock surge
American Bitcoin has deployed 11,298 new ASIC miners at its Drumheller facility, resulting in a 12% increase in its stock price. This expansion follows a reported $59 million loss in Q4 2025, prompting the company to enhance its mining capabilities. If market conditions remain favorable, this move could significantly improve American Bitcoin's financial performance and competitiveness in the cryptocurrency sector.
4 sourcesApr 25Moderate - Crypto· World
Kraken Files 56 Million Crypto Tax Forms Advocating for Legislative Reform
Kraken has filed 56 million crypto tax forms for 2025, revealing the excessive reporting burden on crypto users. The exchange is urging Congress to reform tax laws to introduce a de minimis exemption and allow deferral of taxes on staking rewards. If successful, these changes could significantly simplify tax compliance for millions of crypto users in the U.S.
3 sourcesApr 25Low - Crypto· World
Bitcoin's Bull Score Index Reaches Neutral Territory Amid Market Recovery
Bitcoin's Bull Score Index has climbed back to 50, indicating a shift to neutral market conditions for the first time in the current bear market. This change is occurring as Bitcoin's price has recently recovered to approximately $78,057, suggesting easing selling pressure. However, analysts warn that this does not guarantee a trend reversal, and investors should remain cautious as the market may still face further declines.
3 sourcesApr 25Low - Crypto· World
Crypto security losses exceed $600 million as AI-driven exploits rise
In the last 48 hours, CertiK has reported that losses from cryptocurrency hacks have surpassed $600 million due to sophisticated cybercrime tactics. The immediate trigger for this surge in losses is the increasing use of AI-driven exploits and cross-chain vulnerabilities by attackers. Long-term, this crisis is likely to prompt the cryptocurrency community to adopt stricter security measures and protocols to safeguard assets against evolving threats.
3 sourcesApr 25Low - Crypto· World
Russia advances comprehensive cryptocurrency regulation bill
The Russian government has moved forward with a comprehensive crypto regulation bill. This legislative push aims to bring the crypto market out of the shadows and establish formal oversight, with key rules set to take effect by July 2026. The long-term implication is a structured regulatory environment that could reshape Russia's digital asset landscape and its international transactions.
4 sourcesApr 25Moderate - Crypto· World
GSR Launches Multi-Asset Crypto ETF on Nasdaq
GSR has launched its first multi-asset crypto ETF, the BESO ETF, which includes Bitcoin, Ether, and Solana. This move is driven by a growing demand from institutional investors for diversified crypto investment products. The introduction of the BESO ETF may lead to increased market stability and innovation in crypto investment strategies over the long term.
5 sourcesApr 25Low
- Crypto· World
Tether Freezes $344 Million in USDT Following US Law Enforcement Requests
On April 23, 2026, Tether froze over $344 million in USDT held in two Tron blockchain wallets at the request of the US Office of Foreign Assets Control and law enforcement agencies. This action was triggered by the identification of the wallets as linked to illicit activities, including sanctions evasion. The long-term implication is an increased regulatory scrutiny on stablecoins and their compliance frameworks, potentially reshaping the landscape of digital asset management and enforcement.
6 sourcesApr 25High - Crypto· World
Arbitrum Freezes $71 Million in Ether Following Security Breach
Arbitrum's security council voted to freeze $71 million in Ether in response to a security breach linked to KelpDAO. This decisive action reflects immediate concerns over the effectiveness of decentralized governance within the blockchain community. The incident is likely to prompt a reevaluation of governance models and security protocols in decentralized platforms moving forward.
3 sourcesApr 25Moderate - Crypto· World
Pantera Capital urges Satsuma Technology to liquidate bitcoin holdings amid share collapse
Satsuma Technology is facing pressure from Pantera Capital to sell its remaining $50 million in bitcoin holdings following a dramatic 99% drop in its share value. This recommendation comes at a time when investor confidence in cryptocurrency firms is waning, prompting calls for asset liquidation. The outcome of Satsuma's response could significantly influence market sentiment and the future strategies of cryptocurrency companies.
4 sourcesApr 25Low - Crypto· World
Crypto Coalition Calls for Urgent Senate Action on Digital Asset Market Clarity Act
On April 23, 2026, a coalition of over 120 cryptocurrency organizations urged the U.S. Senate Banking Committee to fast-track the markup of the Digital Asset Market Clarity Act by April 25. This push comes amid concerns that delays could jeopardize U.S. leadership in the crypto space as global competitors advance their regulatory frameworks. If the Act is not passed soon, it may lead to increased investment and innovation shifts towards jurisdictions like Dubai, which have clearer regulations.
7 sourcesApr 25High - Crypto· World
Bitcoin price declines amid rising inflation in Japan and geopolitical tensions from Iran conflict
Bitcoin's price has fallen from near $80,000 due to rising inflation in Japan and escalating geopolitical tensions related to the Iran conflict. These factors are creating significant market volatility and uncertainty among investors, prompting cautious sentiment. The long-term implication may involve increased scrutiny on the Bank of Japan's monetary policy and its effects on global cryptocurrency markets.
3 sourcesApr 25Low - Crypto· World
Kelp DAO Exploit Results in $292 Million Theft and DeFi Market Turmoil
On April 18, 2026, Kelp DAO's rsETH bridge was exploited, resulting in a theft of $292 million. The attack was executed by North Korea's Lazarus Group, which compromised RPC nodes to release unbacked tokens, triggering panic withdrawals across DeFi platforms. This incident highlights systemic vulnerabilities in decentralized finance, prompting calls for improved security measures and industry-wide coordination to prevent future crises.
11 sourcesApr 25Moderate - Crypto· World
BlackRock increases Bitcoin holdings by over $900 million amid rising institutional demand
BlackRock has purchased over $900 million in Bitcoin within the last 48 hours, reflecting a significant increase in institutional investment. This surge is driven by strong client interest, with BlackRock clients contributing an additional $167 million to Bitcoin investments. The long-term implication suggests a potential stabilization and growth in the cryptocurrency market as institutional adoption continues to rise.
3 sourcesApr 25Moderate - Crypto· World
FTX's bankruptcy estate sells Cursor stake for $200,000 now valued at $3 billion
FTX's bankruptcy estate sold its 5% stake in the AI coding startup Cursor for $200,000 in 2023, which has since surged in value to approximately $3 billion. This significant loss is attributed to the rapid increase in Cursor's valuation following SpaceX's acquisition announcement. The incident raises critical concerns about asset management practices in bankruptcy proceedings and may lead to increased scrutiny in future cases within the cryptocurrency sector.
4 sourcesApr 25Low - Crypto· World
Aave Faces $290 Million Exploit Crisis as DeFi Protocols Mobilize Recovery Efforts
Aave is experiencing a liquidity crisis following a $290 million exploit of the Kelp DAO bridge, which has severely impacted its liquid restaking token, rsETH. The immediate response includes substantial financial pledges from various DeFi protocols like Mantle and Lido to support recovery efforts. The long-term implications suggest that the effectiveness of these initiatives will be crucial in restoring user confidence and stabilizing the broader DeFi ecosystem.
4 sourcesApr 25Moderate - Crypto· World
Bitcoin approaches $80,000 amid record ETF inflows
Bitcoin's price has surged close to $80,000, fueled by over $2 billion in inflows into exchange-traded funds within just eight days. This surge is attributed to renewed interest from institutional investors, with nearly $1 billion invested in ETFs last week. If Bitcoin breaks through the $80,000 resistance, it could pave the way for further price increases, potentially reaching $88,000 or higher.
4 sourcesApr 25Moderate - Crypto· World
Metaplanet issues $50 million in zero-interest bonds to boost Bitcoin holdings
Metaplanet has raised $50 million through zero-interest bonds to expand its Bitcoin treasury. This strategic move is part of the company's goal to accumulate a total of 100,000 BTC by 2026, leveraging a capital markets-driven approach. The long-term implication may lead to a shift in corporate treasury policies and influence market sentiment towards cryptocurrency investments.
4 sourcesApr 25High