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
4277 stories- Crypto· World
Iggy Azalea sued over MOTHER memecoin collapse as investors claim deception
Iggy Azalea is facing a federal class-action lawsuit after her MOTHER memecoin's value plummeted by approximately 99%. The lawsuit arises from allegations that investors were misled about the token's utility and business connections, coinciding with the drastic price drop. This legal action could lead to increased scrutiny and potential regulatory changes regarding celebrity endorsements in the cryptocurrency market.
3 sourcesMay 8Moderate
- Crypto· World
Ripple CEO Highlights XRP Community Resilience Amid Clarity Act Progress
Ripple CEO Brad Garlinghouse addressed the Consensus 2026 conference, emphasizing the strength of the XRP community and the legislative advancements of the Clarity Act. This momentum is driven by recent compromises on stablecoin regulations in the U.S., which are gaining traction at this pivotal moment. As the Clarity Act progresses, it may lead to a more defined regulatory environment for cryptocurrencies, fostering increased adoption and innovation in the sector.
3 sourcesMay 8Moderate
- Crypto· World
Moscow Exchange to Launch New Cryptocurrency Indexes for SOL, XRP, TRX, and BNB in 2026
The Moscow Exchange has announced the launch of new cryptocurrency indexes for Solana, XRP, Tron, and Binance Coin, set to debut on May 13, 2026. This expansion is driven by the exchange's aim to diversify its offerings beyond Bitcoin and Ether, responding to growing interest in digital assets. The long-term implication is a potential increase in institutional investment in cryptocurrencies within Russia, which may lead to further regulatory developments in the sector.
3 sourcesMay 8Moderate
- Crypto· World
Western Union launches USDPT stablecoin on Solana blockchain
Western Union has introduced USDPT, a US dollar-backed stablecoin on the Solana blockchain, enabling 24/7 settlements. This launch is driven by the recent passage of the US's GENIUS Act, which promotes stablecoin adoption among remittance companies. The long-term implication is a potential transformation in the remittance industry, increasing competition and innovation in digital payment systems globally.
4 sourcesMay 8Low
- Crypto· World
Aave seeks court approval to unfreeze $71 million in Ethereum linked to user claims
Aave has filed an emergency motion in a New York court to unfreeze $71 million in Ethereum that was blocked due to a restraining notice. The immediate trigger for this motion is Aave's assertion that the funds are owed to users affected by a recent exploit, rather than being tied to North Korean claims. The long-term implication could set a precedent for asset recovery in the decentralized finance sector, influencing user trust and regulatory scrutiny.
5 sourcesMay 8
- Crypto· World
Zcash Price Jumps 40% After Multicoin Capital Discloses Major Stake
Zcash (ZEC) experienced a nearly 40% price surge on May 6, 2026, following Multicoin Capital's announcement of a significant stake accumulated since February. The immediate trigger for this spike was co-founder Tushar Jain's endorsement of ZEC as a safeguard against state wealth seizures amid rising wealth tax proposals. This event signals a renewed institutional interest in privacy-focused cryptocurrencies, potentially reshaping market dynamics in the sector.
6 sourcesMay 8High
- Crypto· UAE
Toncoin Rises 32% Following Telegram's Validator Announcement
Toncoin surged 32% in value within 24 hours, reaching $2.89 after Telegram announced it would become the largest validator for the TON network. This shift is driven by Telegram's strategy to enhance decentralization and staking incentives, leveraging its extensive user base. The long-term implication suggests a potential realignment of the cryptocurrency market as Telegram integrates more deeply with blockchain technology, possibly influencing other platforms to follow suit.
6 sourcesMay 8High
- Crypto· World
OpenTrade secures $17 million funding to enhance stablecoin yield infrastructure
OpenTrade has raised $17 million to expand its stablecoin yield platform. This funding round, led by Mercury Fund and Notion Capital, comes as the stablecoin market continues to grow, with supply surpassing $300 billion. The investment positions OpenTrade to capitalize on the increasing demand for stablecoin yield solutions in the fintech landscape.
3 sourcesMay 8Low
- Crypto· World
Bitcoin Surges Past $80,000 Amid U.S.-Iran Negotiations and Military Pause
Bitcoin's price has surged past $80,000 following improved market sentiment linked to U.S.-Iran ceasefire talks. The immediate trigger for this rise was President Trump's announcement of a pause in Gulf military operations, which has led to increased institutional inflows into Bitcoin. Long-term implications suggest that if geopolitical tensions continue to ease, Bitcoin could see sustained growth as institutional confidence remains strong.
5 sourcesMay 8Moderate
- Crypto· World
U.S. authorities uncover $150 million crypto Ponzi scheme involving BG Wealth Sharing and DSJ Exchange
U.S. authorities have seized the domain of BG Wealth Sharing and frozen $41.5 million linked to a significant Ponzi scheme that defrauded investors. The immediate trigger for this action was the discovery of fraudulent operations promising unrealistic returns and misleading claims of SEC licensing. Long-term implications include increased regulatory scrutiny and potential new measures to protect investors in the cryptocurrency sector.
3 sourcesMay 8High
- Crypto· World
White House to Announce Updates on U.S. Strategic Bitcoin Reserve Following Security Incident
The White House is preparing to announce significant updates regarding the U.S. Strategic Bitcoin Reserve in the coming weeks. This follows a recent security breach involving U.S. Marshals' digital assets, highlighting vulnerabilities in the management of federal cryptocurrency. The announcement is expected to shape future regulatory frameworks for digital asset management in the U.S.
3 sourcesMay 8Moderate
- Crypto· World
Ethereum Surpasses $2,400 Amid Mixed Market Signals
Ethereum's price has surged above $2,400, indicating a recovery in the cryptocurrency market. This movement is driven by strong institutional demand, as evidenced by the addition of 246,000 ETH to accumulation wallets. Analysts predict that if bullish trends continue, Ethereum could reach a price target of $3,500 in the near future.
3 sourcesMay 8Low
- Crypto· World
First Near Real-Time Cross-Border Tokenized U.S. Treasury Redemption Completed on XRP Ledger
Ondo Finance, Kinexys by J.P. Morgan, Mastercard, and Ripple have successfully completed the first near real-time, cross-border redemption of tokenized U.S. Treasuries on the XRP Ledger. This milestone was triggered by the growing demand for efficient, 24/7 settlement of real-world assets amid geopolitical pressures for faster cross-border payments. The long-term implication is the potential for a significant shift towards tokenized asset markets and enhanced interoperability between blockchain and traditional banking systems.
6 sourcesMay 8High
- Crypto· MENA
Bitcoin Surges Toward $83,000 After U.S. Pauses Strait of Hormuz Escort Mission Amid Iranian Cooperation Signals
On May 6, 2026, U.S. President Donald Trump announced a pause to the military escort operation in the Strait of Hormuz following progress in U.S.-Iran negotiations. This decision was triggered by Iran's Islamic Revolutionary Guard Corps guaranteeing safe passage through the strait under new protocols. The long-term implication is a potential stabilization of the region, which may further bolster Bitcoin's market position and influence on global crypto trading dynamics.
9 sourcesMay 8Moderate
- Crypto· World
Bitcoin price surpasses $82,000 amid market recovery
Bitcoin's price has surged past $82,000, breaking previous resistance levels. This increase is driven by easing geopolitical tensions and significant buying activity from long-term holders and institutional investors. Analysts predict that if the current trend continues, Bitcoin could reach $85,000 or higher in the near future.
4 sourcesMay 8High
- Crypto· World
Arthur Hayes Defends Altcoin Market and Privacy Coins at Consensus 2026
Arthur Hayes presented a strong defense of the altcoin market, emphasizing the significance of privacy coins in light of increasing government surveillance. This discussion is prompted by growing concerns over privacy and regulatory pressures on cryptocurrencies. The long-term implication is a potential increase in demand for privacy-focused altcoins, reshaping the cryptocurrency landscape and attracting investor interest.
4 sourcesMay 8Low
- Crypto· World
Crypto Firms Pursue Bank Licenses Amid Institutional Demand for Traditional Lending Structures
Executives at Consensus Miami 2026 highlighted a significant shift as cryptocurrency firms increasingly seek bank licenses and adapt to institutional borrowers' preferences for traditional lending. This movement is triggered by ongoing trust issues and user experience challenges that have hindered broader crypto adoption, particularly following the collapses in crypto credit in 2022. The long-term implication suggests that a focus on regulatory compliance and transparency may enhance institutional trust and drive wider adoption of cryptocurrency in the financial sector.
3 sourcesMay 8Low
- Crypto· World
Bullish Acquires Equiniti for $4.2 Billion to Establish Global Tokenized Securities Transfer Agent
On May 5, 2026, Bullish announced a $4.2 billion acquisition of Equiniti to create the world's first global transfer agent for tokenized securities. This strategic move is driven by the increasing demand for blockchain efficiency in capital markets, particularly as institutions accelerate the tokenization of real-world assets. The long-term implication is a potential transformation of the securities trading landscape, enabling 24/7 trading and instant settlement for tokenized equities globally.
9 sourcesMay 8Moderate - Business· World
EQT submits revised $12.08 billion takeover bid for Intertek
EQT has made a new takeover proposal for Intertek, valuing the company at approximately $12.08 billion. This latest bid follows two previous offers and reflects EQT's sustained interest in acquiring the firm. The outcome of Intertek's review of this proposal could significantly reshape the competitive landscape in the markets where it operates.
3 sourcesMay 8Low
- Crypto· World
Andreessen Horowitz raises $2.2 billion for fifth crypto fund amid market challenges
Andreessen Horowitz has raised $2.2 billion for its fifth crypto-focused investment fund. This fundraising effort comes as the firm seeks to invest in infrastructure-led applications and projects that emphasize utility, reflecting a strategic shift in venture capital amidst a challenging crypto market. The long-term implication is that a16z's focus on stablecoins and fundamental projects may influence future investment trends in the digital asset ecosystem.
5 sourcesMay 8Low