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
Hungary shuts down Paks Nuclear Power Plant for first time in 44 years due to low Danube water levels
Hungary's Paks Nuclear Power Plant has been shut down for the first time in 44 years as a result of unprecedented low water levels in the Danube River, which are critical for cooling the reactors. This shutdown is triggered by a severe heatwave and ongoing drought affecting Europe, leading to significant energy supply concerns. The long-term implication is that Hungary may face an extended energy crisis, prompting a reevaluation of its energy strategies and infrastructure resilience in response to climate change.
6 sourcesAug 5
- Business· World
Chevron CEO warns of oil supply risks due to Iran conflict
Chevron's CEO has raised alarms about potential disruptions to global oil supplies stemming from the ongoing conflict in Iran. This warning comes as geopolitical tensions threaten key transit routes, particularly the Strait of Hormuz, which is crucial for oil shipments. In response, Chevron is exploring alternative pipeline routes to ensure supply continuity and mitigate rising gas prices in the long term.
4 sourcesAug 5
- Economy· World
U.S. stock market reaches record highs driven by corporate profits and declining oil prices
On August 4, 2026, the U.S. stock market hit record highs with the S&P 500 rising 1.8% and major indices like the Dow Jones and Nasdaq also achieving significant gains. This surge is attributed to strong corporate earnings and easing oil prices, which have alleviated investor concerns. If this trend continues, the stock market may maintain its upward trajectory, although geopolitical factors could introduce volatility.
4 sourcesAug 5
- Business· World
SpaceX reports significant growth in AI revenue amid first public earnings release
SpaceX has announced a substantial increase in AI-related revenue and expenditures in its first earnings report as a public company. This surge is driven by a strategic pivot towards AI services, with capital expenditures for its AI unit reaching $15.8 billion. The long-term implication suggests that SpaceX is positioning itself as a key player in the AI sector, which will require careful management of its expenditures to maintain investor confidence.
5 sourcesAug 5
- Crypto· World
Over $130 million in Bitcoin stolen due to Coldcard wallet vulnerability
A significant security breach has resulted in the theft of over $130 million in Bitcoin from Coldcard hardware wallets. This incident was triggered by a software vulnerability that hackers exploited, compromising thousands of wallets believed to be secure. The long-term implication is a heightened demand for improved security measures in cryptocurrency storage solutions to protect investors' assets and restore confidence in the market.
3 sourcesAug 4
- Economy· World
European gas inventories reach lowest level in 17 years amid Middle East conflict
European gas inventories have fallen to 57.1% capacity, the lowest level recorded since 2009. This decline is driven by rising prices and supply shortages exacerbated by the ongoing conflict in the Middle East. As winter approaches, European governments are under pressure to implement measures to secure energy supplies and stabilize prices.
3 sourcesAug 4
- Business· UAE
Emirates SkyCargo Achieves 11% Increase in UK Exports for Fiscal Year 2025-26
Emirates SkyCargo has transported over 57,000 tonnes of goods from the UK, marking an 11% increase in exports compared to the previous year. This surge is driven by strong demand across sectors such as aerospace, pharmaceuticals, and food products, particularly benefiting the UAE market. The continued growth indicates a strengthening trade relationship between the UK and UAE, with potential for further expansion in logistics and trade agreements.
3 sourcesAug 4
- Business· World
Amazon surpasses $3 trillion market cap for the first time
On August 3, 2026, Amazon.com Inc. achieved a market cap exceeding $3 trillion, marking a significant milestone in its corporate history. This surge is driven by strong performance in cloud services and increasing demand for artificial intelligence technologies. The long-term implication suggests that Amazon is poised for continued growth, potentially leading to further increases in its market valuation.
3 sourcesAug 4
- Crypto· World
Bitcoin ETFs face record outflows as BlackRock leads with $265.4 million in redemptions
On July 31, 2026, Bitcoin ETFs experienced significant outflows totaling $265.4 million, primarily driven by BlackRock's iShares Bitcoin Trust. This shift in investor sentiment comes after a brief period of inflows, indicating growing concerns about market stability. The long-term implication may involve a need for renewed institutional confidence to stabilize the Bitcoin market and prevent further redemptions.
4 sourcesAug 4
- Crypto· World
Binance CEO warns of wallet diversification after Coldcard security breach
A significant security breach involving Coldcard hardware wallets has resulted in the theft of over $70 million in Bitcoin. This incident has prompted Binance founder Changpeng Zhao to advise cryptocurrency users to diversify their wallet usage to mitigate risks. The long-term implication is a potential shift in security practices within the cryptocurrency community, emphasizing the need for enhanced wallet management strategies.
3 sourcesAug 4
- Crypto· World
Security Flaw in Cold Wallets Leads to $70 Million Bitcoin Theft
A significant security breach has resulted in the theft of 1,082.65 BTC, valued at approximately $70 million, from cold wallets due to weak seed generation. The immediate trigger for this incident was the exploitation of vulnerabilities in the seed generation process, allowing the attacker to recreate private keys without direct access to the wallets. In the long term, this incident is likely to prompt increased scrutiny and regulatory measures aimed at enhancing security protocols in cryptocurrency wallets.
3 sourcesAug 4
- Crypto· World
Russia bans cryptocurrency mining in Moscow and Kursk Region until 2032
Russia has announced a ban on cryptocurrency mining in Moscow and parts of the Kursk Region, effective August 15, 2026. This decision is driven by concerns over electricity supply and the energy-intensive nature of mining operations. The long-term ban indicates a significant regulatory shift that may reshape the cryptocurrency landscape in Russia and influence mining activities moving forward.
4 sourcesAug 4
- Crypto· World
BNB Chain initiates legal action against former employee over unauthorized memecoin launch
BNB Chain has filed a lawsuit against a former employee who allegedly launched the ASTEROID memecoin using a company tutorial wallet, profiting approximately $628,000. This incident has arisen due to concerns over governance and monitoring of employee activities within the cryptocurrency sector. In the long term, this may lead to stricter regulations and oversight within cryptocurrency organizations to prevent similar occurrences in the future.
3 sourcesAug 4
- Crypto· World
XRP Ledger Releases Hotfix to Address Security Vulnerabilities and Prepares for Major Update
The XRP Ledger has released a hotfix (v3.2.1) to resolve a manifest flooding issue that exposed vulnerabilities in validator data handling. This urgent update comes as the network prepares for the upcoming v3.3.0 release, which includes five proposed amendments aimed at enhancing institutional features. The long-term implication is that these improvements are expected to solidify the XRP Ledger's position in the cryptocurrency market by enhancing security and functionality for institutional clients.
4 sourcesAug 4
- Crypto· World
SEC Pauses Review of Nasdaq's Bitcoin Options Amid Jurisdictional Dispute with CME
The SEC has paused its review of Nasdaq's Bitcoin options approval due to a jurisdictional challenge from the CME. This decision is occurring now as the CME asserts that Bitcoin options should be regulated under CFTC jurisdiction rather than the SEC's. The long-term implication could reshape the regulatory landscape for cryptocurrency derivatives and influence future trading practices in the market.
3 sourcesAug 4
- Crypto· World
Coldcard hardware wallets suffer significant security breaches resulting in over 1,367 BTC losses
A series of attacks on Coldcard hardware wallets has led to the draining of over 1,367 BTC from multiple addresses. These attacks exploit vulnerabilities in Coldcard-generated keys, prompting urgent calls for enhanced security measures among investors. The ongoing situation highlights the critical need for improved security protocols in the cryptocurrency industry to protect digital assets from similar threats in the future.
3 sourcesAug 4
- Crypto· World
Trump Media reduces Bitcoin holdings by 2,628 BTC amid financial scrutiny
Trump Media has transferred 2,628 BTC to Crypto.com, reducing its total holdings to 4,261 BTC. This transfer is part of a broader trend of Bitcoin sales by the company, which has faced significant losses estimated at $555 million. The upcoming 10-Q filing will be critical in assessing the company's financial strategy and future direction regarding its cryptocurrency investments.
4 sourcesAug 4
- Crypto· World
Ethereum ETFs experience $27.42 million inflow while Bitcoin ETFs face $61.53 million outflow
Ethereum ETFs have attracted $27.42 million in inflows over the past week, marking a significant shift in investor sentiment. This change is driven by a decline in confidence towards Bitcoin ETFs, which have seen substantial outflows totaling $61.53 million. The long-term implication suggests a potential reallocation of investment strategies within the cryptocurrency market as preferences evolve.
3 sourcesAug 4
- Economy· World
Iran war drives price increases for consumer goods globally
The ongoing Iran war has led to significant price hikes for various consumer products, including beer, paint, and fries. This surge is primarily triggered by rising commodity and freight costs affecting companies like Sherwin-Williams and the brewer of Samuel Adams. As geopolitical tensions persist, consumers can expect further increases in everyday product prices, impacting corporate profitability and market dynamics.
3 sourcesAug 4
- Economy· MENA
Saudi Arabia's stock market experiences significant gains driven by positive earnings results
The Tadawul All Share Index rose by 116.15 points to close at 10,705.87, marking a 1.10% increase. This surge is attributed to strong performances from leading companies and positive investor sentiment in the market. Long-term, this trend suggests sustained investor confidence and a potential for continued growth in the Saudi economy as upcoming earnings reports are monitored closely.
3 sourcesAug 4