In today's crypto news, The Open Network (TON) has launched a new pathway for UAE residency, offering 10-year Golden Visas to applicants who stake $100,000 in Toncoin for three years, alongside a processing fee of $35,000. This initiative allows applicants to retain control of their assets via a decentralized smart contract and promises annual yields of 3-4% on the staked amount. Meanwhile, Arkham, a blockchain intelligence firm, reported that an $8.6 billion Bitcoin transfer, occurring for the first time in over 14 years, appears to not indicate a sell-off. The transfers involved moving 10,000 Bitcoin from eight long-dormant wallets, likely due to an upgrade to more secure address types. In pop culture, musical artist Drake has referenced Bitcoin in his newly released song, signaling increasing mainstream recognition of the digital asset.

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