
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
8638 stories- Crypto· World
Bitmine acquires over 100,000 Ether to strengthen Ethereum holdings
Bitmine has purchased 101,627 Ether, increasing its total holdings to nearly 5 million ETH. This strategic acquisition is driven by Bitmine's goal to secure 5% of the total Ethereum supply amid rising geopolitical tensions. The move is likely to attract further institutional interest in Ethereum, potentially reshaping market dynamics in the coming months.
5 sourcesApr 23Moderate
- Crypto· World
Coinbase launches crypto-backed lending service for UK users
Coinbase has introduced a new lending service allowing UK users to borrow up to $5 million in USDC against Bitcoin and Ethereum. This launch is driven by strong demand for crypto lending services, following the success of similar offerings in the US. The long-term implication is an anticipated increase in competition among exchanges and financial service providers in the cryptocurrency lending space.
3 sourcesApr 23Low
- Crypto· World
European Investors Show Increased Willingness to Switch Banks for Cryptocurrency Access
A recent survey indicates that 35% of European investors are willing to switch banks for better access to cryptocurrency services. This shift is driven by a growing demand for digital asset offerings despite existing regulatory uncertainties. In the long term, banks may need to innovate their services to retain customers and remain competitive in the evolving financial landscape.
4 sourcesApr 23
- Business· World
Reabold Resources explores Bitcoin mining at Yorkshire gas site
Reabold Resources has announced plans to explore small-scale Bitcoin mining at its Yorkshire gas site while maintaining its focus on domestic energy supply. The initiative is driven by the company's aim to utilize gas from the site as a power source for the mining operation, serving as an early-stage funding tool. This move could pave the way for future integration of cryptocurrency operations within traditional energy sectors, raising discussions about environmental impacts and regulatory responses.
3 sourcesApr 23Low
- Crypto· World
Ripple unveils four-phase plan to secure XRP Ledger against quantum computing threats by 2028
Ripple has announced a comprehensive roadmap to enhance the security of the XRP Ledger against potential quantum computing threats by 2028. This initiative is driven by increasing concerns regarding the vulnerability of current blockchain cryptography to advancements in quantum technology. The long-term implication is that Ripple's proactive measures may set a new standard for blockchain security, prompting other platforms to adopt similar strategies to safeguard against emerging technological threats.
5 sourcesApr 23Low
- Crypto· World
DoorDash to Implement Stablecoin Payments for Delivery Drivers
DoorDash has announced plans to pay its delivery workers in stablecoins using the Tempo blockchain. This initiative is triggered by the need to streamline payment processes and enhance the financial experience for couriers globally. In the long term, this move could set a precedent for broader cryptocurrency adoption in the gig economy and influence other companies to explore similar payment solutions.
5 sourcesApr 23High
- Crypto· World
Polymarket and Kalshi to Launch Crypto Perpetual Futures in U.S.
Polymarket and Kalshi have announced plans to introduce crypto perpetual futures, marking a significant expansion into the derivatives market. This development is occurring as the regulatory landscape for derivatives in the U.S. evolves, allowing these platforms to offer new trading options. The long-term implication is that this move could reshape the trading landscape for derivatives, attracting more traders and investors to the cryptocurrency space.
3 sourcesApr 23High
- Crypto· World
Bitcoin price drops below $75,500 amid U.S.-Iran geopolitical tensions
Bitcoin's price has fallen to approximately $74,335 due to escalating geopolitical tensions between the U.S. and Iran. This decline is triggered by stalled diplomatic talks and Iran's reimposition of controls on the Strait of Hormuz, which has raised concerns over oil supply and market stability. The long-term implication suggests that ongoing geopolitical developments will continue to exert pressure on cryptocurrency valuations, leading to potential volatility in the market.
4 sourcesApr 23Moderate
- Crypto· World
Bitcoin Surges Past $77,000 Amid US-Iran Tensions
Bitcoin's price has surged past $77,000 due to escalating geopolitical tensions between the US and Iran. This surge is triggered by significant market volatility, leading to the liquidation of $40 million in short positions. The long-term implication suggests that Bitcoin may increasingly be viewed as a geopolitical hedge, attracting more institutional interest in uncertain times.
3 sourcesApr 23Moderate
- Crypto· World
Bitcoin ETFs see record inflows amid geopolitical stability
Bitcoin ETFs have recorded inflows of $1 billion over the past week, marking a significant recovery in the cryptocurrency market. This surge is driven by renewed investor confidence influenced by recent geopolitical stability. If this trend continues, the cryptocurrency market may experience sustained growth, particularly in Bitcoin and related financial products.
3 sourcesApr 23Moderate
- Crypto· World
Arbitrum Locks $71 Million in Ether Following Kelp DAO Exploit
Arbitrum has frozen 30,766 ETH as an emergency measure in response to the Kelp DAO exploit. This action is prompted by rising concerns over security vulnerabilities within decentralized finance ecosystems. The incident is likely to lead to increased scrutiny and enhancements in security protocols across DeFi platforms.
3 sourcesApr 23Very High
- Crypto· World
Blockchain.com launches perpetual futures trading in DeFi wallet
Blockchain.com has introduced perpetual futures trading in its DeFi wallet, enabling self-custodied Bitcoin trading across over 190 markets. This development is driven by the anticipation of regulatory changes, particularly the expected CFTC approval for derivatives trading. In the long term, this move may enhance user engagement and broaden the platform's competitive edge in the cryptocurrency market.
3 sourcesApr 23Low
- Crypto· MENA
Bank of Korea Governor Prioritizes CBDCs Over Stablecoins in Inaugural Address
The newly appointed Governor of the Bank of Korea, Hyun-Song Shin, has emphasized the importance of central bank digital currencies (CBDCs) and bank-issued deposit tokens while omitting stablecoins in his first policy address. This shift is occurring as the Bank seeks to modernize its currency markets and increase scrutiny of the crypto landscape amidst growing regulatory pressures. The long-term implication may lead to a significant transformation in South Korea's digital currency framework and the future of stablecoins in the region.
4 sourcesApr 23Low
- Crypto· MENA
Bybit invests $8 million in Malaysian crypto platform Hata
Bybit has led an $8 million funding round for Hata, a dual-licensed crypto platform in Malaysia. This investment is occurring as Malaysia actively develops its digital asset regulations and tokenization initiatives. The long-term implication is that this funding could catalyze further developments in Malaysia's digital asset market, attracting more investments and innovations in the future.
4 sourcesApr 23Low
- Crypto· World
Nium partners with Coinbase to enable USDC payments for global businesses
Nium has launched a partnership with Coinbase to integrate USDC into its global payments network, allowing businesses to conduct cross-border transactions in both fiat and stablecoins. This move is driven by the growing demand for cryptocurrency solutions in payments, enabling instant payouts and card spending tools across more than 190 countries. In the long term, this integration could set a precedent for future fintech innovations and partnerships in the cryptocurrency payment landscape.
3 sourcesApr 23Low
- Crypto· World
Arbitrum Freezes $71 Million in Ether Following KelpDAO Security Exploit
Arbitrum has frozen $71 million worth of Ether due to a security exploit linked to KelpDAO. This decisive action comes as concerns about security vulnerabilities in decentralized finance (DeFi) bridge designs have intensified. The incident is likely to prompt increased scrutiny and regulatory responses regarding security practices in the DeFi sector.
4 sourcesApr 23High
- Crypto· World
Volo Protocol suffers $3.5 million security breach impacting DeFi ecosystem
Volo Protocol experienced a significant security breach resulting in a loss of approximately $3.5 million. This incident is occurring now due to ongoing vulnerabilities in decentralized finance platforms, as highlighted by a recent hack of KelpDAO. The long-term implication may lead to increased scrutiny and calls for enhanced security measures within the DeFi sector.
3 sourcesApr 23Moderate
- Crypto· World
Kelp protocol suffers $290 million exploit triggering security concerns
Kelp DAO has reported a $290 million exploit of its rsETH bridge, attributed to vulnerabilities in LayerZero's single-validator setup. The incident has led to a blame game between Kelp DAO and LayerZero, while Umbra has taken steps to prevent further exploitation. The long-term implication is that Kelp must enhance its security measures to restore user trust and prevent future breaches.
3 sourcesApr 23Moderate
- Crypto· World
Aave Experiences $15 Billion Withdrawal Following Kelp DAO Exploit
On April 18, 2026, Kelp DAO's rsETH bridge was exploited, leading to a $15 billion withdrawal from Aave deposits by April 23. This liquidity crisis was triggered by the exploiters draining $293 million in restaked Ether and using it as collateral to borrow significant amounts from Aave. The long-term implication is a potential shift in user trust and capital flow towards competing DeFi platforms like SparkLend amid ongoing discussions on bad debt mitigation.
6 sourcesApr 23Moderate
- Crypto· World
SEC introduces innovation exemption for tokenized securities trading
The SEC has announced an innovation exemption to facilitate compliant trading of tokenized securities on blockchain. This initiative comes as part of SEC Chair Paul Atkins' efforts to provide clearer regulations and lighter compliance demands for the cryptocurrency market. In the long term, this could lead to increased investment and participation in blockchain finance, reshaping the U.S. financial ecosystem.
4 sourcesApr 23High