The Avalanche Foundation launched a $200 million investment fund called Blizzard, Initial investors in the fund include Avalanche Foundation, Ava Labs, Polychain Capital, Three Arrows Capital, Dragonfly Capital, CMS Holdings, Republic Capital, R/Crypto Fund, Collab+Currency, Lvna Capital, Finality Capital Partners. Blizzard Fund will mainly support the development of Avalanche ecosystem from DeFi, enterprise application, NFT and cultural application. Meanwhile, Blizzard will also pay attention to other emerging usage scenarios, such as secure token issuance, liquidity provider and autonomous identity. Blizzard will support Avalanche Ecology's projects in the form of equity investments, token purchases, and technical, business development, and ecosystem integration support.

Apricot Phase 5 will implement dynamic processing, state truncation and rapid synchronization capabilities across THE X chain, completing the first major upgrade to Avalanche to become the most powerful and efficient peer-to-peer asset transfer chain in the world. At the same time, Blueberry upgrades were started to propel subnets as the next growth engine for Avalanche and the cryptocurrency ecosystem.

The Avalanche Foundation announced the sale of AVAX to close a $230 million private funding round led by Polychain and Three Arrows Capital, Participants included R/Crypto Fund, Dragonfly, CMS Holdings, Collab+Currency, Lvna Capital, and some angel investors and family offices. The Avalanche Foundation will use the funds to support and accelerate the rapid growth of DeFi, enterprise applications and other use cases on The Avalanche blockchain through grants, token purchases, investments, and technical support.

Avalanche Wallet will get a complete upgrade: integrate common workflows to help new users use cryptocurrencies; Enhanced security features; Fix common problems reported by users, such as balance updates and imports. Completed two upgrades to Apricot, including charging dynamic processing fees for smart contract transactions on c-chain, adding p-chain governance, and further optimizing the network to scale up and respond to rapidly growing user demand.

Avalanche plans to activate the Apricot Phase Three upgrade, which users must upgrade to AvalancheGo V1.5.0 by 14:00 UTC on August 24. The upgrade also allows API requests to be used without externally owned account checks, reducing Avalanche C chain costs by 66%.

The Avalanche Foundation has announced the launch of a $180 million liquidity cocoins award program Avalanche Rush to encourage more apps and assets to join the Avalanche DeFi ecosystem. The first phase of the program, which will be launched soon, will reward Aave and Curve users with AVAX liquidity earned coins for up to three months. The Avalanche Foundation has the equivalent of $20 million in AVAX incentives for Aave users and $7 million for Curve users.

Avalanche development team Ava Labs has announced the launch of its first litigation financing token.

Ava Labs has announced the launch of the Avalanche-Ethereum Chain Bridge to enable a seamless and two-way flow of assets between Avalanche and Ethereum's DeFi ecosystem.

Avalanche (AVAX), a decentralized service platform, has officially launched its main network. Blockchain security company PeckShield has officially passed a security audit by Avalanche (AVAX). Huobi global station announced the launch of Avalanche native token AVAX. Binance announced the launch of a decentralized service platform Avalanche Token AVAX on September 22 at 14:30. FTX announces Avalanche (AVAX) spot, quarterly and perpetual contracts. OKEx announces the launch of spot trading of AVAX tokens.

Avalanche (AVAX) protocol main network online

Avalanche has announced a partnership with PolyientGames to launch a decentralized NFT trading platform.

Avalanche has announced an integration with The Torus service that will provide one-click wallet login.

Avalanche (AVAX) announced that it sold 72 million AVAX in a $42 million public offering in the early hours of The morning.

Avalanche (AVAX) has announced that it will open its public offering as planned on July 15 at 22:00 BST.

AVA Labs has announced a strategic investment from IOSG Ventures, which will serve as AVA Labs' exclusive strategic partnership advisor in China.

AVA Labs completes $12 million private financing for AVAX tokens. Avalanche protocol has announced a partnership with Chainlink to make Avalanche protocol's contract chain (C chain) developers compatible with all current DeFi tools, including wallet MetaMask, Ethereum-based Javascript API web3.js, and more.

AVA announces the official launch of the public test network Cascade.

AVA Labs launches Athereum, a proof-of-concept deployment for Ethereum running on the AVA platform.

Ava Labs has officially launched its Avalanche protocol-based test network.

Ava Labs closes $6 million funding round.