By August 2024, Akoin’s price had totally collapsed. The Senegalese government demanded that Akon either start construction or return the land granted to him. As of July 2025, the project was officially abandoned.
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Hyperliquid earning more fees in 1 hour and directly it all to a buyback than most protocols earn annually. Hyperliquid is a beneficiary of volatility and now with the BTC whale rotating into ETH using Hyperliquid as the venue of choice cements itself not only as a leading perpetual DEX but an emerging on-chain CLOB spot DEX.
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ason Zhao's departure from Story Protocol after launching and selling tokens over-the-counter reminds us of CEO Mo Shaikh leaving Aptos. Aptos launched alongside Sui in 2022, both working in the Move blockchain space, and was once hyped like Sui, raising capital up to $350 million (including two rounds with a16z's "teeth marks").
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