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
KelpDAO LayerZero bridge exploit causes significant DeFi liquidity crisis
On April 18, 2026, KelpDAO experienced a $292 million exploit through its LayerZero V2 bridge, leading to a 33% decline in total value locked across DeFi protocols. This incident was triggered by the minting of unbacked rsETH tokens, which were deposited into Aave, causing borrowing rates to spike and mass withdrawals. The long-term implication is a heightened scrutiny of DeFi security measures and potential regulatory responses to prevent future exploits.
9 sourcesApr 24High
- Crypto· World
Tether Freezes $344 Million in USDT at U.S. Law Enforcement Request
On April 23, 2026, Tether froze $344 million in USDT stablecoins in response to requests from U.S. law enforcement due to connections to illicit activities. This action is driven by increasing regulatory scrutiny on stablecoins and their potential involvement in crime. As a result, stablecoin issuers may face heightened compliance measures, reshaping the digital currency landscape.
5 sourcesApr 24High
- Crypto· World
KelpDAO exploit triggers $20 billion drop in DeFi value locked
The KelpDAO exploit has resulted in a significant loss of $293 million, causing a $20 billion drop in total value locked in decentralized finance. This incident has raised alarms about security vulnerabilities in DeFi, prompting traditional financial institutions to reassess their blockchain strategies. As a result, ongoing security challenges may lead to a prolonged hesitance from institutional investors to engage with blockchain technologies.
3 sourcesApr 24Moderate
- Crypto· World
KelpDAO hack results in $292 million loss prompting recovery efforts in DeFi
KelpDAO's LayerZero bridge was hacked, leading to a loss of approximately $292 million. The immediate response is a coordinated recovery effort led by Aave and supported by Lido Finance, highlighting vulnerabilities in the DeFi ecosystem. Long-term, this incident may drive stakeholders to push for improved security protocols and greater transparency in decentralized finance.
4 sourcesApr 24Low
- Crypto· World
Significant inflows into Ethereum and Bitcoin ETFs signal growing institutional interest in cryptocurrencies
Ethereum ETFs have recorded inflows of $633 million over the past ten days, while Bitcoin ETFs added $336 million. This surge in investment is driven by increasing institutional interest, potentially influenced by easing geopolitical tensions. In the long term, this trend may lead to bullish market conditions for cryptocurrencies as institutional investors continue to engage with these assets.
5 sourcesApr 24Low
- Crypto· World
Bitcoin price surges to $79,300 amid renewed buyer confidence
Bitcoin's price has surged to over $79,300, marking a significant multi-month high. This rally is triggered by renewed buyer confidence and a substantial liquidation of short positions, totaling over $222 million. The long-term implication suggests that Bitcoin could continue to rise, with traders eyeing potential profit-taking in the $83,000 to $88,000 range.
5 sourcesApr 24High
- Crypto· World
Bitcoin price volatility linked to U.S.-Iran ceasefire negotiations
Bitcoin's price has fluctuated significantly, recently retreating to around $77,500 after a brief surge above $79,000. This volatility is driven by ongoing geopolitical tensions and negotiations regarding a ceasefire between the U.S. and Iran. The long-term outlook for Bitcoin will likely depend on the outcomes of these negotiations and their impact on market sentiment.
5 sourcesApr 24Low
- Economy· World
Pakistan secures final $1 billion tranche from Saudi Arabia amid UAE debt challenges
Pakistan has received the last installment of a $3 billion financial support package from Saudi Arabia. This financial boost comes at a critical time as the UAE has opted not to rollover its debt to Pakistan, impacting the country's foreign exchange reserves. The long-term implication is that Pakistan must implement effective economic reforms to ensure stability and attract further investment.
3 sourcesApr 24Low
- Business· World
Revolut announces plans for $200 billion IPO by 2028
Revolut has declared its intention to pursue an initial public offering (IPO) with a target valuation of up to $200 billion, aiming for completion no sooner than 2028. This announcement follows a recent secondary share sale that valued the fintech company at $75 billion, indicating strong investor interest and confidence in its growth trajectory. The long-term implication is that Revolut's IPO could significantly reshape the fintech landscape and investor sentiment in the sector leading up to its market entry.
4 sourcesApr 24Low
- Business· World
Victory Giant Technology's IPO in Hong Kong Raises $2.6 Billion with 60% Surge
Victory Giant Technology made a significant debut on the Hong Kong Stock Exchange, raising $2.6 billion and seeing its shares surge by 60%. This event is driven by the increasing global demand for AI technologies and the company's role as a supplier for Nvidia. The successful IPO indicates a robust future for AI-related investments, suggesting further growth in the sector as technology continues to evolve.
4 sourcesApr 24Low
- Economy· World
Iran war triggers historic energy crisis with global oil supply losses
The ongoing war in Iran has resulted in a significant loss of oil supply, with estimates reaching up to one billion barrels. This crisis is exacerbated by the closure of the Strait of Hormuz, a vital shipping route, and predictions of worsening demand destruction. As the conflict continues, global energy markets are likely to face unprecedented challenges and volatility, with traders closely monitoring developments for potential stabilization or further escalation.
5 sourcesApr 24High
- Economy· World
JPMorgan Raises S&P 500 Target to 7600 Points Amid AI Optimism
JPMorgan has increased its S&P 500 price target to 7600 points, reflecting a significant shift in market sentiment. This adjustment is driven by renewed enthusiasm for artificial intelligence and a perceived easing of geopolitical tensions. The long-term implication suggests that investors will closely monitor AI advancements and geopolitical stability as key factors influencing market trends.
4 sourcesApr 24Low
- Economy· World
Gold prices decline in the U.S. while stabilizing in the Middle East amid geopolitical tensions
Gold prices have settled 2.25% lower in the U.S. market, marking a significant decline for the second consecutive session. This shift is driven by investor caution as they await clarity on U.S.-Iran peace talks, which are influencing market sentiment. As geopolitical tensions persist, fluctuations in gold prices are expected to continue, reflecting ongoing market reactions to these developments.
3 sourcesApr 24Low
- Crypto· World
Kalshi and Polymarket to Launch Perpetual Futures in Cryptocurrency Market
Kalshi and Polymarket have announced plans to launch perpetual futures, marking a shift from traditional event-based betting to continuous derivatives trading. This move is driven by the companies' need to enhance their competitive offerings in the rapidly evolving cryptocurrency landscape. The introduction of these products is likely to attract new investors and reshape market dynamics between the two firms.
3 sourcesApr 24Very High
- Economy· World
Oil prices decline amid expectations of US-Iran peace talks
Oil prices fell on April 21, 2026, as expectations grew that US-Iran peace talks would proceed, potentially increasing oil supply from the Middle East. This decline followed a brief surge in prices due to geopolitical tensions, including Iran's closure of the Strait of Hormuz and US actions against Iranian shipping. The outcome of the upcoming US-Iran talks could significantly impact oil supply and prices in the near future.
3 sourcesApr 24Low
- Economy· World
US government begins $166 billion tariff refund process following Supreme Court ruling
The U.S. government has begun refunding tariffs after a Supreme Court decision deemed them illegal. This action follows a ruling that invalidated certain tariffs, prompting the administration to initiate the refund process. Long-term implications may include a lack of price reductions for consumers as businesses may not pass on the savings from these refunds.
3 sourcesApr 24Low
- Business· World
UnitedHealth Group Reports Strong Q1 Earnings and Raises Full-Year Outlook
UnitedHealth Group has reported first-quarter earnings for 2026 that exceeded expectations, with a revenue of $111.7 billion and a net income of $6.3 billion. The immediate trigger for this positive performance is a decrease in medical costs, which has allowed the company to raise its full-year outlook. In the long term, this positions UnitedHealth for continued growth and stability in the healthcare market as it adapts to changing conditions.
3 sourcesApr 24Low
- Crypto· World
Bitcoin Surges to 11-Week High Following U.S.-Iran Ceasefire Extension
Bitcoin reached an 11-week high of $78,194 on April 22, 2026, driven by a short squeeze and improved global risk sentiment. This surge was triggered by U.S. President Donald Trump's indefinite extension of the Iran ceasefire on April 21, which alleviated geopolitical tensions. The long-term implication may involve increased volatility in cryptocurrency markets as investors react to ongoing geopolitical developments and inflation concerns.
7 sourcesApr 24Moderate
- Business· World
ABB Raises Revenue Growth Outlook Following Surge in Data Center Orders
ABB Ltd. has upgraded its revenue growth forecast due to a significant increase in orders for its power-grid products, particularly from the data center sector. This surge in demand has prompted the company to revise its expectations from a previous range of 6% to 9% to a new forecast of high single-digit to low double-digit percentage growth. The long-term implication suggests that ABB is well-positioned to capitalize on the growing reliance on data centers, potentially leading to sustained revenue growth and improved stock performance.
3 sourcesApr 24Low
- Economy· World
Indonesia's central bank maintains interest rates amid Middle East tensions
Indonesia's central bank has decided to keep interest rates unchanged to support the stability of the rupiah. This decision comes in response to ongoing geopolitical tensions in the Middle East, particularly the war affecting Iran, which has raised concerns about the economic outlook. In the long term, the central bank's stance may be tested by future developments in the region that could necessitate adjustments in monetary policy.
3 sourcesApr 24Low