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Zero Network Announces Shutdown, Users Must Withdraw Assets by End of July

On May 22, the Ethereum Layer 2 network Zero Network announced its closure after a year and a half of operation. The team stated in the announcement that the vision of building a gasless rollup remains valid, but maintaining an independent blockchain is not the correct path to achieve that vision. Therefore, resources will be refocused on Zerion's API and wallet services. User assets are secure, but users must transfer their NFTs, ETH, or other tokens across chains by the end of July, as asset transfers have been suspended.

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