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
8425 stories- Economy· World
Brent crude oil prices drop below $82 amid U.S.-Iran diplomatic developments
Brent crude oil prices have decreased significantly, closing at $81.92 per barrel. This decline is linked to rising hopes for diplomatic progress between the U.S. and Iran, as well as a notable reduction in vessel traffic through the Strait of Hormuz. The long-term implication suggests that continued geopolitical tensions and upcoming U.S. oil rig count data will heavily influence future price movements in the oil market.
3 sourcesAug 9
- Business· World
Ford launches affordable electric truck Fathom priced at $28,350
Ford has unveiled the Fathom, its first midsize electric truck, with a starting price under $30,000. This strategic move is aimed at capturing a broader audience in the growing electric vehicle market as consumers seek more affordable options. In the long term, the Fathom could significantly enhance Ford's market presence and competitiveness in the electric vehicle segment.
4 sourcesAug 9
- Business· World
Atlassian reports 28% revenue growth in Q4 exceeding expectations
Atlassian Corp. has reported a 28% year-over-year increase in revenue for Q4, reaching $1.77 billion and surpassing analyst estimates. This strong performance is attributed to a significant rise in cloud revenue and a positive forecast for Q1, alleviating fears regarding AI's impact on software jobs. The long-term implication suggests a favorable outlook for the software industry, with AI potentially creating more job opportunities rather than eliminating them.
3 sourcesAug 9
- Crypto· World
Putin Signs New Cryptocurrency Regulation Law in Russia
Russian President Vladimir Putin has signed a law establishing regulations for cryptocurrency trading, allowing retail investors to participate starting September 1, 2026. This move comes as part of a broader effort to create a regulated environment for crypto exchanges while maintaining restrictions on domestic payments. The long-term implication is that this law could reshape global digital finance and influence international regulatory standards.
3 sourcesAug 9
- Business· World
Coinbase Launches US Stock Trading for UK Users
Coinbase has expanded its services to include US stock trading for eligible UK users. This strategic move is aimed at diversifying its offerings beyond cryptocurrencies and enhancing retail investor engagement. In the long term, this could position Coinbase as a comprehensive financial service provider in a competitive trading landscape.
3 sourcesAug 9
- Crypto· World
Over $30 million lost in cryptocurrency due to wrench attacks in France
In the first half of 2026, criminals executed wrench attacks resulting in over $30 million stolen from cryptocurrency holders, with France identified as the primary hotspot for these incidents. This alarming trend is driven by a rise in violent crime associated with cryptocurrency theft, highlighting vulnerabilities in the security of digital assets. As these attacks increase, stakeholders in the cryptocurrency market will likely need to adopt enhanced security measures to protect their assets and users.
3 sourcesAug 9
- Crypto· MENA
JPYC Inc. secures $38 million in Series B funding to enhance yen-pegged stablecoin
JPYC Inc. has raised $38 million in an extended Series B funding round to support its yen-pegged stablecoin initiative. The funding, primarily backed by Japanese logistics firm AZ-COM Maruwa, comes as interest in stablecoins grows in Japan's cryptocurrency market. This capital injection positions JPYC to significantly influence the adoption of digital currencies and expand its financial services in the region.
4 sourcesAug 9
- Crypto· World
Step App to Cease Operations Amid 99.9% Drop in FITFI Token Value
Step App will shut down its services on August 21 after four years of operation due to a catastrophic decline in its FITFI token value. This decision is triggered by the token's plummet of 99.9% from its all-time high, resulting in exchange delistings and financial uncertainty for users. The long-term implication may lead to increased scrutiny of the move-to-earn sector and the sustainability of similar digital fitness platforms in the volatile cryptocurrency market.
3 sourcesAug 9
- Crypto· World
Bitcoin Red Team uncovers nearly 5000 vulnerabilities following Coldcard hardware wallet hack
The Bitcoin Red Team identified 4,962 vulnerabilities, including 85 critical flaws, in response to the Coldcard hack. This significant security breach was triggered by a five-year firmware error that allowed for substantial Bitcoin theft. The findings are likely to prompt a reevaluation of security practices and regulatory measures within the cryptocurrency industry.
4 sourcesAug 9
- Crypto· World
Coldcard firmware exploit triggers $800 million influx into Bitcoin ETFs amid security concerns
A firmware exploit in Coldcard hardware wallets has resulted in over $100 million in losses and raised alarms about Bitcoin security practices. This incident has coincided with a significant influx of nearly $800 million into Bitcoin ETFs, reflecting a shift in investor sentiment despite the exploit's fallout. In the long term, this may lead to enhanced security protocols and a reevaluation of self-custody practices within the Bitcoin community.
5 sourcesAug 9
- Business· World
SpaceX shares rally despite $101 billion stock unlock event
SpaceX shares surged 6.1% following the unlock of 911.5 million shares valued at approximately $101 billion. This rally is driven by strong trading activity in tokenized shares, with nearly $700 million in volume indicating robust market interest. The long-term implication may see increased volatility in tech stocks and cryptocurrency valuations as investors react to these developments.
3 sourcesAug 9
- Crypto· World
Bitcoin experiences significant chain split due to BIP-110 activation
BIP-110 has activated, resulting in a split in the Bitcoin blockchain at block 961,632. This division is occurring now due to minimal support from miners, with less than 3% backing for the proposal. The long-term implication could lead to further fragmentation of Bitcoin's governance and potential alternative strategies among its supporters.
6 sourcesAug 9
- Crypto· World
U.S. Senate Delays Vote on CLARITY Act Affecting Cryptocurrency Regulation
The U.S. Senate has postponed the vote on the CLARITY Act until September amid ongoing partisan disputes regarding consumer protection and market oversight. This delay is occurring as Democrats push for stronger ethics and enforcement provisions, complicating the establishment of a regulatory framework for cryptocurrencies. The long-term implication is a prolonged period of uncertainty in the cryptocurrency market, potentially impacting market stability and investor confidence.
6 sourcesAug 9
- Business· World
SoftBank reports unexpected profit surge driven by Intel investment
SoftBank Group Corp. has reported a profit exceeding expectations for the first quarter, largely due to an $8.5 billion gain from its stake in Intel Corp. This financial performance comes at a time when concerns are rising regarding the increasing debt levels among AI service providers. Looking ahead, SoftBank's focus will likely shift towards managing these debt levels while capitalizing on emerging opportunities in the AI market.
3 sourcesAug 9
- Business· World
WPP Plc reports higher-than-expected first-half profits driven by cost-cutting measures
WPP Plc has announced a significant increase in its first-half profits, exceeding analysts' expectations. This positive shift is attributed to effective cost-cutting measures and a slowdown in revenue decline, indicating a potential recovery in its media-buying operations. Looking ahead, WPP's ongoing turnaround efforts may position it for further growth in the advertising market as investor confidence rises.
3 sourcesAug 9
- Business· World
Alphabet raises $25 billion in bond market amid AI investment surge
Alphabet Inc. has successfully returned to the bond market, raising $25 billion in a recent offering that attracted significant investor interest. This bond sale is driven by the company's increasing reliance on debt to fund its growing artificial intelligence initiatives. The long-term implication is that Alphabet's financial strategies may shift significantly as it continues to leverage debt for AI investments, potentially influencing the broader tech market.
4 sourcesAug 9
- Business· World
SoftBank reports 18% drop in quarterly profits amid rising costs
SoftBank Group has announced an 18% decline in net profit for the fiscal first quarter, totaling approximately $2.2 billion. This drop is attributed to rising costs that have offset significant gains from its investments in Intel and ByteDance. In the long term, SoftBank's focus on AI and technology investments may position it for recovery and growth despite current financial challenges.
5 sourcesAug 9
- Business· World
Warner Bros. Discovery reports significant revenue decline amid acquisition talks
Warner Bros. Discovery has experienced a sharp decline in revenue in Q2 2026, primarily due to underperforming summer movie releases and the loss of NBA broadcasting rights. This financial downturn coincides with ongoing discussions regarding a potential acquisition by Paramount Skydance, which has drawn significant industry attention. The outcome of this acquisition could reshape Warner Bros. Discovery's operational strategy and market position in the long term.
3 sourcesAug 9
- Economy· World
US records zero oil imports from Saudi Arabia for the first time in 40 years
In July 2026, the United States recorded zero oil imports from Saudi Arabia for the first time in 40 years. This unprecedented drop is attributed to changes in U.S. oil refining practices and sourcing strategies. The long-term implication is a potential shift in global oil markets and Saudi Arabia's export strategies as the U.S. diversifies its oil imports.
3 sourcesAug 9
- Business· World
Fox Corp's revenue surges due to FIFA World Cup advertising
Fox Corp reported a fourth-quarter revenue increase to $4.21 billion, driven by a 78% rise in advertising sales linked to the FIFA World Cup. This surge in revenue comes as the company capitalizes on the high viewership and demand for ad space during the tournament. The long-term implication suggests that Fox may increase its investment in sports broadcasting to leverage future major sporting events for revenue growth.
4 sourcesAug 9