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AI & Enterprise

Hecto Innovation introduces stablecoin-based infrastructure for foreign patient hospital bills and trade payments

Hecto Innovation will take part in AI Festa 26, held in Seoul from Oct. 6 to 8 under the theme “AI, Becoming Reality. AI for Everyone.” It will run a booth focused on “24/7 stablecoin infrastructure” spanning foreign patient hospital bill payments and corporate trade remittances. The company plans to introduce models for using digital assets while complying with regulations such as AML and KYC, based on acceptance of its Hecto Wallet One VASP filing.

Crypto

Evernose, major XRP holder, nears Nasdaq listing under ticker XRPN

Evernose Holdings, a treasury company with large XRP holdings, has entered final approval steps for a Nasdaq listing through a merger with SPAC Armada Acquisition Corp II. The combined company is expected to trade under the ticker XRPN and hold about 473 million XRP provided directly by Ripple. It has secured investment commitments of more than $1 billion from institutional investors. The deal’s closing timing is presented as the fourth quarter of 2026.

Crypto

BitMEX shuts down exchange services after 12 years

Global cryptocurrency exchange BitMEX has officially ended its exchange operations after about 12 years. Trading, deposits and new position openings have been blocked, leaving users able only to log in and withdraw funds. BitMEX urged users to withdraw remaining balances quickly and warned against sending funds to its addresses. Accounts leaving balances after completing KYC face an annual fee of 1 percent or $50, billed monthly. It is also tightening withdrawal security checks.