BlockBeats News, May 22nd, 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 realize this vision. Therefore, the team will refocus resources on Zerion's API and wallet services. User assets are secure, but users are required to withdraw their NFTs, ETH, or other tokens to another chain by the end of July. Asset deposits have been suspended.