Crypto
Ethereum layer2 Zero Network to shut down operations
Ethereum layer2 Zero Network, which focused on gas-fee-free transactions, will shut down operations after about 18 months, The Block reported on May 21. The team said on X that it would end Zero Network and focus on the Zerion API and wallet. It said running an independent blockchain was not the right path to simplify user experience and drive adoption. The team said user assets are safe and advised users to move them by late July.
