
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
4326 stories- Crypto· World
Israel approves first shekel-backed stablecoin BILS
Israel has officially approved its first shekel-backed stablecoin, known as BILS, after a two-year review process. This approval is driven by the need to diversify the global stablecoin market and reduce reliance on dollar-pegged tokens. The introduction of BILS may encourage other countries to explore their own digital currencies, potentially reshaping the landscape of cryptocurrency regulation and adoption.
3 sourcesMay 1Low
- Crypto· World
Block enhances Bitcoin commitment with proof-of-reserves and cash back program
Block has announced the launch of a proof-of-reserves system and added 114 BTC to its treasury, bringing its total holdings to nearly 9,000 BTC. This move is driven by the company's strategy to increase transparency and trust in its cryptocurrency operations. In the long term, Block's initiatives may accelerate the adoption of Bitcoin in payment systems and influence other companies in the cryptocurrency space.
3 sourcesMay 1Low - Crypto· World
OKX integrates BlackRock's BUIDL fund for tokenized Treasury collateral
OKX has launched a tokenized Treasury collateral system in partnership with BlackRock and Standard Chartered. This initiative is driven by the need for institutions to enhance trading liquidity and yield opportunities using regulated assets. The long-term implication is an accelerated convergence of traditional finance and cryptocurrency markets, likely leading to increased regulatory scrutiny and innovation in financial products.
5 sourcesMay 1Low
- Crypto· World
Galaxy Digital reports $216 million loss in Q1 2026 amid crypto market decline
Galaxy Digital has announced a net loss of $216 million for Q1 2026, reflecting the broader 20% decline in the cryptocurrency market. This downturn is attributed to ongoing volatility and market challenges that have impacted crypto firms significantly. In response, Galaxy Digital is focusing on strategic adjustments and new revenue streams, such as its Helios data center project, to navigate future market uncertainties.
4 sourcesMay 1Low
- Crypto· World
ZetaChain suffers $334,000 security breach linked to ignored vulnerability
ZetaChain experienced a significant security breach resulting in a loss of $334,000 due to a previously reported vulnerability that was dismissed. The incident has prompted the company to pause cross-chain transactions and initiate an internal review to address security shortcomings. This breach highlights the critical need for cryptocurrency platforms to prioritize vulnerability management to protect user funds in the future.
3 sourcesMay 1Low - Crypto· World
Pump.fun implements $370 million token burn and buyback strategy to stabilize PUMP value
Pump.fun has burned approximately $370 million in PUMP tokens and will allocate half of its revenue to buybacks over the next year. This strategic shift comes in response to investor concerns regarding the token's value and follows a previous policy of exclusively burning tokens. The dual approach of burning and buybacks is expected to stabilize the market and potentially attract more investors in the long term.
3 sourcesMay 1Low
- Crypto· World
XRP ETF inflows surge to $81.63 million in April 2026 reversing previous losses
XRP ETF products recorded $81.63 million in inflows in April 2026, marking the strongest month of the year. This rebound follows a $31.16 million loss in March 2026, driven by increasing institutional demand for cryptocurrency assets. If current trends continue, XRP could solidify its position as a leading player in the cryptocurrency market, potentially reaching a price of $2.15.
3 sourcesMay 1Low - Business· World
Rogo secures $160 million in Series D funding to enhance AI solutions for finance
Rogo has raised $160 million in a Series D funding round, achieving a valuation of $2 billion. This funding is driven by the increasing demand for AI-driven workflow solutions in the finance sector, particularly to support junior bankers. The long-term implication is that Rogo's growth may accelerate the adoption of AI technologies across banking and asset management industries.
3 sourcesMay 1Moderate - Crypto· World
Bitmine Immersion Technologies acquires over 65,000 ETH in a single day
Bitmine Immersion Technologies has rapidly increased its Ethereum holdings, now owning over 5 million tokens. This aggressive accumulation is driven by the company's strategy to capture 5% of the total Ethereum supply despite facing significant unrealized losses. The long-term implication may lead to a shift in corporate treasury strategies, encouraging more institutional investment in cryptocurrencies.
5 sourcesMay 1Moderate - Crypto· World
Michael Saylor's Strategy Firm Drives Bitcoin Rally with Aggressive Purchases
Michael Saylor's firm, Strategy, has significantly influenced Bitcoin's price rally through consistent buying over the past 48 hours. This surge is occurring now due to the firm's strategic issuance of STRC, which analysts believe could position it as the largest Bitcoin holder, surpassing Satoshi Nakamoto within two years. The long-term implication is a potential shift in Bitcoin market dynamics, leading to increased volatility and regulatory scrutiny in the cryptocurrency space.
3 sourcesMay 1High
- Crypto· World
Bitcoin price retraces to $77,000 amid market caution before FOMC meeting
Bitcoin's price has dropped to approximately $77,000 as investors exercise caution ahead of the Federal Open Market Committee's upcoming decision. This shift is driven by the anticipation of one of the most hawkish FOMC meetings in years, alongside rising oil prices and geopolitical tensions. The long-term implication could see Bitcoin's volatility increase significantly depending on the FOMC's outcomes and ongoing global developments.
4 sourcesMay 1Low - Crypto· World
Ethereum price drops below critical support level of $2,220
Ethereum's price has fallen below $2,300, continuing a downtrend that has persisted for four days. This decline is driven by bearish market sentiment and technical indicators showing weakness in momentum. If Ethereum fails to hold above $2,250, it may face further significant losses in the near future.
4 sourcesMay 1Low - Crypto· World
KelpDAO allocates 2,000 ETH for recovery fund after $293 million exploit impacting rsETH holders
KelpDAO has committed 2,000 ETH to a recovery fund for rsETH holders following a significant exploit that resulted in a loss of approximately $293 million. This incident has raised concerns about vulnerabilities in decentralized finance (DeFi) and prompted a coalition called DeFi United to propose a recovery plan to restore confidence in the affected assets. The recovery efforts may set a precedent for how the DeFi community addresses future vulnerabilities and exploits.
5 sourcesMay 1Low - Crypto· World
White House to Announce U.S. Strategic Bitcoin Reserve
The White House is set to announce the establishment of a U.S. Strategic Bitcoin Reserve within the next few weeks. This move is triggered by ongoing discussions at the Bitcoin 2026 conference, aiming to enhance institutional confidence in cryptocurrency. The long-term implication is a potential shift in regulatory clarity that could significantly impact Bitcoin's market dynamics and institutional adoption in the U.S.
3 sourcesMay 1Moderate - Economy· World
Bank of Japan maintains interest rates while signaling potential hikes
The Bank of Japan has decided to keep its interest rates steady amid a split vote among board members. This decision comes as three policymakers advocate for a rate hike, reflecting a division in the board's outlook and raising inflation forecasts. The long-term implication is that market expectations are now leaning towards a possible rate increase in June, which could further impact currency valuations and economic conditions in Japan.
5 sourcesMay 1Low - Economy· World
Bank of Japan maintains interest rates amid Iran conflict
The Bank of Japan has decided to keep its interest rates unchanged at 0% while hinting at a potential increase in the near future. This decision comes as ongoing geopolitical tensions, particularly the conflict in Iran, are affecting global economic stability. In the long term, the BOJ's monetary policy may adapt to address the economic pressures stemming from these international conflicts.
4 sourcesMay 1Low - Crypto· World
Polymarket seeks CFTC approval to reopen U.S. prediction markets after four-year ban
Polymarket is in discussions with the CFTC to lift a ban preventing U.S. users from accessing its platform. This move comes after a four-year prohibition that has limited its market presence and growth potential. If successful, Polymarket's return could reshape the landscape of prediction markets in the U.S. and invite closer regulatory scrutiny.
5 sourcesMay 1Low
- Economy· World
US stock markets decline amid OpenAI growth concerns
US stock markets experienced a significant decline on April 28, 2026, primarily due to fears surrounding OpenAI's failure to meet growth targets. This downturn is occurring as investors react to the implications for AI-related investments ahead of upcoming tech earnings reports. The long-term impact may shape future tech investments and investor confidence in the AI sector.
4 sourcesMay 1Low - Business· World
Eni SpA to Relaunch Heavy Oil Project in Venezuela's Orinoco Belt
Eni SpA has signed an agreement to restart its heavy oil project in Venezuela's Orinoco Belt. This decision comes as U.S. sanctions on Venezuela are easing, enabling foreign companies to invest more in the country's oil sector. The long-term implication could be a revitalization of Venezuela's oil production capabilities and increased foreign investment in the region.
3 sourcesMay 1Low - Business· World
Parallel Web Systems secures $100 million in Series B funding at $2 billion valuation
Parallel Web Systems has raised $100 million in Series B funding, achieving a valuation of $2 billion. This funding round, led by Sequoia, comes just five months after their previous funding, reflecting strong investor confidence in their AI-driven web search tools. The influx of capital positions the startup to innovate further and expand its offerings in the growing AI technology market.
4 sourcesMay 1Moderate