Newly released Epstein files show he was familiar with the crypto market and took part in several areas during its early years.
He studied Bitcoin in the early adoption phase and joined private discussions about its role in the monetary system. There was also interest in the infrastructure layer behind the network.
➡️ Invested around $3M in Coinbase’s 2014 round via IGO LLC ➡️ Later exited the stake with a large profit ➡️ Early investor in Blockstream, a Bitcoin infrastructure firm ➡️ Emails referenced an invitation to CEO Adam Back to Epstein’s island
He also interacted with crypto influencers and attended industry events.
In 1993, Arsyan Ismail registered AI.com for $100. He was 10 years old. The letters matched his initials. He held the domain for 32 years.
Ismail built early internet projects in parallel. He released Orenscript as a teenager, shipped popular mIRC tools, launched a local social network, founded 1337 Tech, and became an early Bitcoin user with marketplace experiments.
Over time, AI.com became one of the rarest domains online. Two letters tied to the most valuable tech narrative. By 2023, it was redirecting between giants like ChatGPT and xAI, watched as a digital trophy.
In 2026, the sale closed. Crypto.com CEO Kris Marszalek bought AI.com for $70,000,000, paid fully in crypto. The deal was brokered by Larry Fischer.
More than $7T has been wiped out across precious metals in just 36 hours.
Losses by market: 🔴 Silver down 30%, below $85, about $1.96T erased 🔴 Gold down 13.6%, below $4,900, about $5T erased 🔴 Platinum down 27.25%, below $2,100, about $215B erased 🔴 Palladium down 21.5%, below $1,700, about $85B erased
An overheated parabolic rally met aggressive profit taking, heavy leverage unwind, and a sudden shift in Fed and dollar expectations.
When Stablecoins Leave the Whitepaper and Enter Real Life
Real change doesn’t always announce itself loudly. Sometimes it shows up quietly when sending a few dollars across borders stops feeling like a chore and starts feeling… normal. That’s the space Plasma is aiming for. Not chasing flashy on-chain stats, but turning stablecoins into something people actually use without thinking twice.
Picture this: a few taps on your phone, and within seconds someone in another country receives dollar-value funds. The merchant on the other side can cash out instantly to local currency or keep it on-chain to earn yield. For users, it feels no harder than a messaging app transfer. For businesses, it means faster settlement and thinner margins lost to fees. Plasma leans into this by abstracting fees away from users entirely mechanisms like paymasters quietly handle gas so the experience stays frictionless. That’s not cosmetic UX; that’s adoption engineering.
But smooth payments are just the surface. The real stress test is redemption and trust.
Putting money on-chain is easy. Turning that balance into cash you can actually spend in the real world is not. That bridge only works when three layers move together: reliable local off-ramps, serious compliance and risk controls, and transparent treasury management that can be audited and verified. Without these, “instant settlement” is just a demo. With them, on-chain money becomes part of everyday economic circulation.
Then there’s the token question.
In Plasma’s design, XPL isn’t meant to be decorative. It’s infrastructure fuel, incentive, and governance combined. But here’s the challenge: if most people transact in stablecoins, the token needs a real economic role, not hype-driven demand. That means protocol revenues flowing back into buybacks and burns, merchant benefits tied to staking and long-term commitment, and paymaster subsidies that are funded by actual business income not endless emissions. When tokens are disconnected from real cash flow, they trade on mood. When they’re wired into settlement revenue, they become structural.
Another hurdle is human behavior.
Payments succeed or fail not just on tech, but on confidence. Users need to know they can exit anytime. Merchants need assurance that settlements won’t freeze and disputes won’t vanish into a black hole. Plasma’s quieter work is here codifying SLAs for withdrawals, defining dispute resolution, and baking merchant protection into contracts. These aren’t flashy features, but they’re what turn infrastructure into trust.
A few grounded takeaways:
Users should start small and test the full loop send, receive, redeem.
Merchants should lock settlement, refunds, and arbitration into written agreements.
Builders should treat failure paths as first-class design, not edge cases.
Investors should track real settlement volume, buyback activity, and liquidity accessibility not just TVL or short-term price action.
Plasma won’t win or lose on Twitter narratives. It’ll be judged by whether the real world accepts it. The technology opens the door, but compliance, liquidity rails, and durable incentives decide whether people walk through.
When that invisible redemption layer finally holds end to end, stablecoins stop being a crypto concept and quietly become money.
@Plasma is mot trying to be everything to everyone
It’s a Layer 1 built specifically for stablecoins, with one clear focus: making stablecoin transfers fast, cheap, and practical for real-world usage like payments and settlements.
What’s interesting is the progress they’ve made recently 👇
🔹 Deep liquidity + seamless swaps Through integration with NEAR Intents, Plasma now supports settlement and cross-chain swaps across 125+ assets, with pricing close to centralized exchanges a big deal for large transfers and treasury movements.
🔹 Real merchant adoption Enterprise payment processor Confirmo (processing $80M+ monthly) now supports Plasma. Merchants can receive USD on Plasma with zero gas fees, removing friction that usually kills onchain payments.
🔹 Strong position in DeFi lending Plasma currently shows one of the highest stablecoin supply/borrow ratios in Aave V3. Across major protocols like Aave, Fluid, Pendle, Ethena, Plasma ranks #2 by TVL exposure, with the SyrupUSDT pool alone exceeding $200M.
🔹 Fluid integration With Fluid live on Plasma, deep stablecoin liquidity is now available for payment rails, card issuers, and fintechs that need reliability at scale.
🔹 CoW Swap support Users get MEV-protected swaps, gasless transfers, and built-in cross-chain routing all critical for stablecoin UX.
🔹 Global spending via Rain Both users and businesses can now spend Plasma-based USD₮ at 150M+ merchants worldwide, bringing onchain dollars into everyday commerce.
The bigger picture: Plasma is positioning itself as core stablecoin infrastructure, not just another chain. If real payment volume continues to grow and integrations keep shipping, Plasma could become a serious player for emerging markets and cross-border finance.
Definitely the kind of engineer crypto needs more of, and definitely the kind most people never hear about. After 20+ years living d nearly a decade building blockchain compilers, Dennis Zadorozhnyl isn’t chasing narratives he’s shaping the foundations. Working on the Rust compiler for the Miden VM, he’s doing the unglamorous, brutally important work: making tooling predictable, robust, and actually pleasant for developers to use.
I’ve seen enough broken SDKs$$, half-baked runtimes, and ‘we’ll fix it later’ compilers to know this: bad tooling quietly kills ecosystems. Good tooling compounds everything. Dennis comes from real compiler and language work at Ergo, not just Web3 hype cycles, and it shows in how Miden’s toolchain is evolving cleaner frontend, better UX for devs, smarter abstractions, and performance that doesn’t fall apart under real workloads.
Definitely respect this level of engineering discipline. This is how platforms win long term: not by shipping loud features, but by shipping invisible reliability. Most users will never know his name. Every serious builder on Miden will feel his work daily. That’s the highest compliment you can give a compiler engineer. @Plasma #Plasma $XPL
Think of it like this: Ethereum = the busy headquarters. Plasma = fast local branches handling everyday transfers.
Instead of pushing every tiny payment through the main chain, Plasma processes them off-chain and only settles proofs on Ethereum. Result? Way faster, way cheaper, and actually usable for normal people.
Layer 2 finally feels like a real product, not a buzzword.
And $XPL isn’t just a random token either. It works more like a loyalty card lower fees, network incentives, and rewards tied to real usage. That’s how tokens should be designed.
Yes, exits can take time. But that’s the tradeoff for speed + security. You don’t notice it until you need it.
Plasma makes crypto feel boring in the best way: tap → send → done.