ChainCatcher news, lonic Digital Community (formerly Celsius Network) stated on social media that the Celsius APP will be shut down on February 28. Therefore, access to the Celsius platform and its records will only be available for less than 30 days. It is recommended that holders of qualified custodial accounts who can withdraw funds do so as soon as possible and export transaction lists for each digital asset.

ChainCatcher news, the official committee of unsecured creditors (UCC) of Celsius has appealed Judge Glenn's decision to support the claims of preferred shareholders in customer claims, arguing that it is a wrong decision that should be corrected.Previously, Judge Glenn disagreed with the views of the unsecured creditors committee and Celsius, siding with the perspective of "preferred equity" holders, stating that customers do not have a claim against every debtor entity. The Celsius official committee of unsecured creditors disagrees with this ruling and is considering its options to ensure that customers receive the maximum value from Celsius. (Source link)

Chain Catcher news, the crypto lending platform Celsius has applied to the court for authorization to sell its held stablecoins to help fund its operations. Celsius currently holds 11 types of stablecoins, with a total value of approximately $23 million. (Source link)