Cryptocurrency
Web3 Gaming Startup PiP World Secures $10 Million Seed Funding from Leading Global Fintech Organization Exinity

[PRESS RELEASE – Dubai, UAE, October 14th, 2024]
Strategic Investment Propels PiP World’s Mission to Transform Financial Education Through Innovative Web3 Gaming and EdTech Solutions
PiP World, a pioneering Web3 gaming and EdTech ecosystem, has secured $10 million in seed funding from Exinity, a leading global fintech firm. This investment represents a key milestone in PiP World’s mission to revolutionize financial education, transforming it into an engaging and gamified experience that’s accessible to users at all levels. Exinity, headquartered in the UAE with offices in the United Kingdom and Cyprus, is regulated across multiple jurisdictions, including the ADGM Financial Services Regulatory Authority in Abu Dhabi.
Pip World blends engaging gameplay with personalized learning to empower users globally. Key offerings include PiP Trader, a strategy management simulator game for building trading portfolios; PiP Academy, a gamified app that simplifies financial concepts; and StockRise, Roblox’s top-grossing stock simulator, now integrated into the PiP World ecosystem.
Saad Naja, CEO & Founder of PiP World, stated, “We are excited to join forces with Exinity as we advance our mission to transform the way people learn about financial markets. This investment will enable us to expand our offerings and reach more users globally, particularly in the emerging markets where financial tools and knowledge are scarce. Our goal is to empower individuals with the financial knowledge and skills necessary to navigate the complexities of today’s economy and financial markets, and this partnership with Exinity brings us one step closer to achieving that vision.”
Exinity’s investment in PiP World is a strategic move aligned with its mission to provide the next generation with the tools and knowledge to succeed in the modern financial landscape. Lex Webster, Managing Partner, Exinity, commented, “PiP World’s innovative approach to financial education through gamification is precisely the kind of forward-thinking solution that aligns with our vision. By integrating our robust financial and trading technologies with PiP World’s immersive gaming and learning environment, we are catalyzing a paradigm shift in how financial literacy is perceived and attained.”
PiP World aims to tackle a significant gap in financial literacy, both globally and in the UAE. The UAE’s financial literacy score of 30.7% is below the global average, highlighting the need for innovative educational solutions. Globally, only 33% of adults demonstrate basic knowledge about financial markets, underscoring the limitations of traditional teaching methods. With the rapid rise of DeFi and digital currencies, the gap between those who understand these concepts and those who don’t has widened.
PiP World’s integration into the Web3 gaming ecosystem is particularly timely given the Middle East’s growing prominence in this sector. The UAE, especially Dubai, is rapidly positioning itself as a global hub for Web3 gaming. With the region set to attract up to 100 million gamers and create a market worth an estimated $1 billion by 2025, PiP World is at the forefront of this transformation.
With the backing of Exinity and the integration of StockRise into its ecosystem, PiP World is well-positioned to lead the charge in gamified financial education. The platform’s unique blend of gaming, education, and Web3 technology offers a powerful tool for individuals looking to build financial literacy and achieve financial freedom.
Exinity Group is a global fintech powerhouse committed to empowering the next generation of investors. With decades of experience in trading and investment, Exinity operates successful retail brands, including ForexTime (FTXM) and Nemo, serving over two million clients across 180 countries. The group’s focus on developing economies in Asia, the Middle East, and Africa, coupled with its commitment to fostering financial success, aligns seamlessly with PiP World’s vision.
About Pip World:
Backed by Exinity, one of the world’s leading fintech organizations, PiP World will leverage Exinity’s extensive network, including access to its 5 million-strong trader user base and 500,000 monthly active users across Alpari and FXTM.
PiP World offers a platform with simplified, visualized, personalized, and gamified experiences that appeal to both novice and seasoned traders alike.
The PiP World ecosystem features several unique offerings:
- PiP Trader: An immersive strategy and management simulator game that challenges players to manage and grow their trading portfolios.
- PiP Academy: A gamified financial education app that personalizes the learning journey, making complex financial concepts both accessible and enjoyable.
- StockRise: The highest-grossing stock simulator game on Roblox
About Exinity
Exinity Group (https://group.exinity.com/) is a global fintech business dedicated to providing a new generation with the freedom to succeed. From its roots in FX brokerage, Exinity is creating and developing a unique range of innovative trading and investing products, using proprietary platforms and original concepts to attract new customers who want the freedom financial independence can bring – but for whom traditional products don’t appeal. Exinity focuses on the developing economies of Asia, the Middle East and Africa, huge markets served by a highly motivated, customer-focused and creative workforce operating out of four strategic centres.
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Cryptocurrency
Ethereum Foundation, Whales, and Hackers: What’s Driving the ETH Sell-Off?

TL;DR
- Whales, hackers, and the Ethereum Foundation wallets moved over $500M in ETH through large sales and withdrawals.
- Ethereum transfers rose to 4.6M ETH, nearing the monthly high of 5.2M recorded in July.
- Staking inflows hit 247,900 ETH, the highest in a month, locking more supply from trading.
Large Withdrawals and Whale Activity
Ethereum (ETH) has seen heavy movement from major wallets over the past few days. On-chain data from Lookonchain shows a newly created wallet pulled 17,591 ETH, worth $81.62 million, from Kraken in just two hours.
Over three days, two new wallets withdrew a combined 71,025 ETH, valued at $330 million, from the exchange.
One of these wallets, address 0x2A92, has withdrawn 53,434 ETH, worth $242.34 million, in two days. This includes a recent purchase of 30,069 ETH, valued at $138.46 million, during a market drop.
Major ETH Holders Offload Millions Amid Price Rally
In contrast, several separate entities have been disposing of some ETH holdings. A wallet tied to a hacker address 0x17E0 sold 4,958 ETH for $22.13 million at $4,463, securing a profit of $9.75 million. Earlier this year, the same address sold 12,282 ETH at $1,932 and later bought back part of the amount at higher prices.
A different whale sold 20,600 ETH for $96.55 million over the past two days, generating a profit of more than $26 million after holding the position for nine months.
Meanwhile, an Ethereum Foundation-linked wallet, 0xF39d, sold 6,194 ETH worth $28.36 million in the last three days at an average price of $4,578.
Recent sales from the same wallet included an additional 1,100 ETH and 1,695 ETH for over $12.7 million combined.
The #EthereumFoundation-linked wallet(0xF39d) sold another 1,300 $ETH($5.87M) at $4,518 ~11 hours ago.
Over the past 3 days, this wallet has sold a total of 6,194 $ETH($28.36M) at an average price of $4,578.https://t.co/4hfCWymHVG pic.twitter.com/ErUyEY8SJy
— Lookonchain (@lookonchain) August 15, 2025
Network Activity on the Rise
CryptoQuant data shows Ethereum’s total tokens transferred have been climbing since August 9. After ranging between 1 million and 3 million ETH through late July and early August, transfers have risen to 4.6 million ETH, approaching the monthly high of 5.2 million recorded in mid-July. This increase has occurred alongside a price rally from about $3,400 to $4,600.
Interestingly, staking inflows generally stayed between 20,000 and 80,000 ETH per day over the past month. On August 14, inflows jumped to 247,900 ETH, the highest in the period.
At the time, ETH was trading near $4,600. Large staking deposits reduce the amount of ETH available for immediate trading, as staked coins are locked for a set period.
In the meantime, ETH trades at $4,647 with a 24-hour volume of $68.25 billion, down 2% on the day but up 19% over the week.
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Cryptocurrency
Massive DOGE Whale Activity Hints at $1 Breakout

TL;DR
- Whales bought two billion DOGE this week, lifting their combined holdings to 27.6 billion coins.
- A single 900M DOGE transfer worth $208M to Binance drew attention to large exchange movements.
- DOGE broke key resistance, with momentum building for a possible push toward the $1 price mark.
Price and Market Moves
Dogecoin (DOGE) traded at $0.23 at press time, slipping 4% over the past day but still showing a 2% gain for the week. Daily turnover came in at about $6.18 billion.
Meanwhile, the broader crypto market saw over $1 billion in liquidations. Hotter-than-expected US Producer Price Index data pushed traders to scale back expectations of a near-term Federal Reserve rate cut. DOGE had roughly 290,500 coins liquidated during the sell-off.
On the two-week chart, analyst Trader Tardigrade notes that DOGE has cleared a downward-sloping resistance line after completing what appears to be a “wave V” in an Elliott Wave sequence. Similar setups in the past, where prolonged declines stayed within falling channels before breaking higher, have been followed by sharp rallies.
$Doge/2-week#Dogecoin is gaining strong momentum to surge above $1 pic.twitter.com/TuSEKr19nv
— Trader Tardigrade (@TATrader_Alan) August 15, 2025
Momentum gauges are also turning up. The Stochastic RSI, which had dropped into oversold territory, is now heading higher. Previous reversals from this zone have coincided with sustained upward moves. The current formation points to a possible run that could carry DOGE past the $1 mark.
Heavy Whale Buying and Large Transfers
As reported by CryptoPotato, blockchain data shows large investors have added two billion DOGE in the past week, spending just under $500 million. That brings their holdings to about 27.6 billion coins, or 18% of the supply. The buying streak has prompted speculation within the community.
Recently, Whale Alert flagged a 900 million DOGE transfer worth about $208 million into Binance. The tracking indicates that it originated from a wallet connected to the exchange, likely as an internal activity. The address involved holds 2.88 billion DOGE, one of the largest balances on the network.
Ali Martinez also reports that transactions above $1 million reached a one-month high, with activity building since early August and peaking as DOGE traded at $0.25.
Whales are back! Dogecoin $DOGE activity at a 1-month high. pic.twitter.com/C83Pv68mCt
— Ali (@ali_charts) August 14, 2025
Sentiment Building
Analyst Gordon described the current setup as “a nice bit of consolidation” before a potential breakout, adding,
“This will be one of the first coins normies FLOCK to & the pump will be MASSIVE.”
With whale accumulation rising, high-value transfers increasing, and a bullish technical pattern in play, DOGE is positioned for a potential push toward $1 if momentum holds.
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Cryptocurrency
Ripple Price Analysis: XRP at Risk as Key Support Levels Could Trigger Sharp Drop

XRP has recently entered a consolidation phase after a strong rally earlier this summer, with the price action now hovering around key resistance levels on both its USDT and BTC pairs. Yet, while momentum has slowed, the charts still indicate a generally bullish structure, with multiple key support levels remaining firmly in place.
Technical Analysis
By ShayanMarkets
The USDT Pair
On the XRP/USDT daily chart, the price is currently trading near the $3.10 mark, facing a strong resistance zone around $3.40. This follows a breakout above the $2.70 range in July, which has now flipped into a support area.
Both the 100-day and 200-day moving averages are also trending upward and recently formed a bullish crossover around $2.45, reinforcing the medium-term bullish sentiment. If the $3.40 resistance breaks, a push toward the critical $4.00 range becomes likely.
However, the RSI hovering near the neutral 50 level suggests a lack of strong momentum for now, meaning a short-term pullback into the $2.80 support zone is still possible.
This zone will be key for maintaining the bullish structure. Losing it could open the door for a deeper correction toward the 200-day moving average located around the $2.40 mark. Yet, as long as the price stays above the moving averages, the broader trend remains bullish.
The BTC Pair
Looking at the XRP/BTC chart, the pair has recently pulled back after hitting the 3,000 SAT resistance, with the price currently around 2,600 SAT.
This follows a clean breakout above the long-term descending channel and a successful retest of its upper boundary, which coincided with the 200-day moving average and the 2,400 SAT support zone. This confluence remains a key bullish technical factor, as holding above it could attract renewed buying pressure.
That said, RSI levels around 48 show that momentum has cooled after the sharp July rally, meaning XRP may continue ranging between 2,400 SAT and 3,000 SAT in the near term. A decisive close above 3,000 SAT would likely open the path to the 3,400 SAT zone, while losing 2,400 SAT could shift the bias back toward 2,000 SAT support. For now, the structure still favors the bulls as long as higher lows remain intact.
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Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information.
Cryptocurrency charts by TradingView.
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