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
8384 stories- Business· World
XRG Acquires Stake in Venezuelan Offshore Gas Field Loran
XRG, a subsidiary of ADNOC, has secured a stake in Venezuela's offshore gas field 'Loran', marking its first entry into the Venezuelan energy market. This acquisition is part of XRG's strategy to enhance its global gas portfolio amidst Venezuela's significant natural gas reserves. The long-term implication may lead to increased UAE-Venezuela energy collaborations, potentially reshaping the global energy landscape.
4 sourcesAug 16
- Economy· MENA
Saudi Arabia's inflation rate holds steady at 1.8% in July 2026
Inflation in Saudi Arabia remained unchanged at 1.8% year-on-year in July 2026. This stability is driven by rising housing rents and increases in food, beverage, and transportation costs. The long-term implication suggests that ongoing pressures in the housing market may influence future economic policies as the government seeks to enhance housing supply under Vision 2030.
3 sourcesAug 16
- Business· World
OpenAI appoints Dali Rajic as Chief Revenue Officer ahead of IPO
OpenAI has appointed Dali Rajic as its new Chief Revenue Officer, replacing Denise Dresser after just nine months. This leadership change is occurring as the company prepares for a significant IPO, with its revenue reportedly soaring to over $40 billion. The long-term implication is that OpenAI is strategically positioning itself to maximize market potential and sales growth as it approaches its public offering.
3 sourcesAug 16
- Business· World
Hewlett Packard Enterprise secures court approval for $14 billion acquisition of Juniper Networks
Hewlett Packard Enterprise has received court approval for its settlement with the US Justice Department regarding its acquisition of Juniper Networks. This approval comes despite opposition from Democratic state attorneys general who argued the settlement was inadequate. The ruling is likely to facilitate further consolidation in the technology sector, enhancing HPE's market position and potentially increasing competition and innovation.
3 sourcesAug 16
- Business· World
Netflix closes two gaming studios to shift focus towards party games and TV streaming
Netflix has announced the closure of its Night School and Moonloot gaming studios. This decision follows recent praise for Night School's game, Unhinged, indicating a sudden strategic pivot towards more social gaming experiences. The long-term implication suggests Netflix may explore new opportunities in party games that align with its streaming platform and audience preferences.
3 sourcesAug 16
- Crypto· World
Metaplanet clarifies internal Bitcoin transfer amid market speculation
Metaplanet has confirmed that a recent transfer of 5,014 BTC was an internal custody move rather than a sale. This clarification comes in response to market speculation that arose from the on-chain detection of the transfer. The long-term implication is that Metaplanet's actions may influence market perceptions and stability regarding large Bitcoin holdings in the cryptocurrency sector.
3 sourcesAug 16
- Crypto· World
Bitcoin price stabilizes near $64,000 amid low volatility following CPI data release
Bitcoin is trading around $64,000 as the cryptocurrency market experiences low volatility. This stability follows the release of July's Consumer Price Index data, which indicates a cooling inflation trend. As inflation data continues to influence market conditions, Bitcoin's price may remain steady, but traders should be prepared for potential volatility based on future economic reports.
3 sourcesAug 16
- Crypto· World
Delio CEO Jeong Sang-ho Sentenced to 15 Years for $49.2 Million Crypto Fraud
Jeong Sang-ho, CEO of the South Korean crypto platform Delio, has been sentenced to 15 years in prison for defrauding customers of approximately $49.2 million. This sentencing follows a broader crackdown on cryptocurrency fraud in South Korea, highlighting increasing regulatory scrutiny in the sector. The long-term implication is likely to be stricter regulations and enforcement actions against crypto businesses operating in the region.
4 sourcesAug 16
- Business· World
Metaplanet launches BitBonds program in Japan with ¥200 million issuance
Metaplanet has initiated its BitBonds program with a private bond sale totaling ¥200 million. This strategic move is driven by the company's aim to diversify its funding sources in yen amidst a growing trend of cryptocurrency firms entering traditional financial markets. The long-term implication may lead to increased integration between cryptocurrency and conventional finance, encouraging similar initiatives from other firms in the sector.
3 sourcesAug 16
- Crypto· World
Bullish shares surge 14% after tripling Q2 adjusted EBITDA despite significant losses
Bullish's shares rose by up to 14% following the announcement of their Q2 financial results, which revealed a tripling of adjusted EBITDA. This surge is attributed to the company's strategic pivot towards subscription revenue, which has begun to stabilize earnings despite a substantial GAAP loss from markdowns on bitcoin holdings. In the long term, this focus on subscription revenue may position Bullish for more consistent financial performance amidst the volatility of the cryptocurrency market.
3 sourcesAug 16
- Business· World
Figure Reports 192% Profit Increase in Q2 2026 Driven by Loan Volume Surge
Figure has reported a significant profit increase to $87 million and a loan marketplace volume of $4.3 billion for Q2 2026. This surge is attributed to the company's focus on tokenization within the blockchain loan marketplace, which has gained traction among consumers. Looking ahead, Figure is projected to continue its growth trajectory with anticipated loan volumes reaching between $4.8 billion and $5.2 billion in Q3 2026.
3 sourcesAug 16
- Crypto· World
Ethereum Foundation abandons Poseidon hash function for SHA-2 and BLAKE2s
The Ethereum Foundation has announced the discontinuation of the Poseidon hash function in favor of more established algorithms like SHA-2 and BLAKE2s. This decision follows eight years of research and is driven by the need for enhanced cryptographic security and post-quantum readiness. The long-term implication is that Ethereum's infrastructure may become more resilient against future threats, positioning it competitively in the blockchain landscape.
3 sourcesAug 16
- Crypto· World
Coinbase and crypto firms raise alarms over AI security risks
Coinbase and over 40 crypto firms have expressed urgent concerns regarding the potential security threats posed by artificial intelligence in the cryptocurrency sector. This heightened awareness is triggered by the increasing number of AI-generated bug reports, which complicate the identification of credible threats. The long-term implication is that the cryptocurrency industry must enhance its security protocols to effectively manage the evolving landscape of AI-related risks.
3 sourcesAug 16
- Crypto· World
Norway's sovereign wealth fund invests $81.9 million in BitMine Immersion Technologies
Norway's sovereign wealth fund has disclosed an $81.9 million stake in BitMine Immersion Technologies, marking a significant investment that could influence institutional interest in Ethereum. This investment is part of a broader strategy to enhance exposure to the cryptocurrency market, particularly through staking income. As institutional interest in cryptocurrencies continues to grow, this move may pave the way for increased market stability and innovation in staking strategies.
3 sourcesAug 16
- Crypto· MENA
Shinhan Asset Management and Plume Launch Tokenized Bond Fund Pilot
Shinhan Asset Management has partnered with Plume to pilot a tokenized fund based on a Korean won-denominated ultra-short-term bond. This initiative is occurring now to test the fund offshore ahead of new security token regulations set to take effect in South Korea in 2027. The long-term implication could be a significant shift towards the adoption of tokenized assets in South Korea's financial markets.
3 sourcesAug 16
- Crypto· World
BitGo reports 80% revenue growth in Q2 2026 despite $19 million loss
BitGo's revenue surged to $4.3 billion in Q2 2026, marking an 80% increase year-over-year. This growth is driven by heightened trading and stablecoin activity, although the company faced a $19 million net loss due to unrealized digital asset losses. Moving forward, BitGo's ability to manage costs and navigate market volatility will be crucial for its future profitability in the competitive cryptocurrency landscape.
3 sourcesAug 16
- Business· World
OpenAI Chief Revenue Officer Denise Dresser departs amid executive shake-up ahead of IPO
Denise Dresser has announced her departure from OpenAI, marking a significant executive exit as the company prepares for a potential IPO. This change is part of a broader trend of leadership turnover at OpenAI, raising concerns about the company's stability. The long-term implication may involve challenges in strategic direction and executive continuity as OpenAI navigates its IPO plans.
6 sourcesAug 16
- Economy· World
Gen Z traders increase ETF allocation to 25% of equity trading volume on Binance
Gen Z traders have significantly increased their allocation to exchange-traded funds (ETFs), which now represent 25% of their equity trading volume on Binance. This shift is occurring as younger investors exhibit a reduced trading frequency and risk appetite, opting for more conservative, long-term investment strategies. The long-term implication of this trend may lead to greater market stability as Gen Z prioritizes sustainable growth over short-term gains.
3 sourcesAug 16
- Crypto· World
Dartmouth College's cryptocurrency holdings decline by $2 million amid market volatility
Dartmouth College's endowment has reported a $2 million decrease in its cryptocurrency ETF holdings, now valued at approximately $12 million. This decline is attributed to the broader volatility in the cryptocurrency market affecting institutional investments. The long-term implication may see Dartmouth's strategic focus on staking ETFs influence future trends in institutional crypto investments.
3 sourcesAug 16
- Crypto· World
UBS significantly increases Bitcoin ETF investment amid rising institutional interest
UBS Group AG has ramped up its investment in BlackRock's Ishares Bitcoin Trust with a 24-fold increase in call options and a 12% rise in direct holdings. This surge reflects a growing demand for regulated cryptocurrency investments among institutional clients at this moment. The long-term implication suggests that UBS's actions may encourage other financial institutions to explore similar investments, potentially stabilizing the cryptocurrency market.
3 sourcesAug 16