Press Release
IBA President Umar Kremlev calls for radical reform of the Olympic Movement and equal rights for athletes

Lausanne, Switzerland – The debate around the role of politics in international sport and the treatment of athletes from different countries continues to intensify. Recent statements by the International Olympic Committee (IOC) that sanctions should not be imposed on athletes from countries involved in the Middle Eastern conflict have sparked renewed discussions about consistency, fairness and the future of the Olympic movement.
Commenting on the situation, International Boxing Association (IBA) President Umar Kremlev sharply criticized what he described as double standards in the approach of global sports governance and called for sweeping reforms within the Olympic system.
“The IOC’s statement that sanctions should not be imposed on athletes from countries involved in the Middle Eastern conflict is the peak of cynicism and clear double standards.
Not excluding anyone is the only right decision, but for some reason the careers of athletes from Russia and Belarus had to be sacrificed for the Olympic movement to reach this point,” said Kremlev.
According to the IBA President, the Olympic movement must undergo fundamental change in order to restore trust among athletes and fans.
“The new leadership of the IOC must finally get rid of the old order and the rat Thomas Bach, whose team is still dragging the Olympic movement to the bottom,” Kremlev said.
Kremlev also called for reforms aimed at strengthening the financial position of athletes and ensuring they benefit from the value they create within the global sports ecosystem.
“I hope that at the 2028 Olympic Games in Los Angeles prize money will be introduced in all sports and that athletes will compete under their own flags and anthems,” he said. “This will allow participants to earn money that the IOC collects from advertising contracts thanks to the athletes themselves.”
The IBA President argued that athletes and coaches should receive a fair share of revenues generated by international sporting events.
“All this money rightfully belongs to the athletes and their coaches, not to officials enjoying five-star hotels and luxurious gala dinners. It is time to stop this injustice,” Kremlev said.
Calling for immediate change, Kremlev stressed that the Olympic movement must prioritize athletes and restore credibility to international sport.
“The Olympic movement must remove the tumour that is destroying it and leading to scandals and corruption. As an ambassador of sports, I demand immediate and radical reforms,” he stated.
Kremlev pointed to the International Boxing Association as an example of a sports organization that focuses on the interests of athletes, coaches and national federations.
“IBA is an example of such reforms, where everything is done to create the best conditions for athletes, coaches and national federations. On our podium there are always boxers, not politics. IBA is an independent organization that does not pursue private interests. All earned funds are reinvested in athletes, allowing them to earn money and support their families,” he said.
Kremlev concluded by calling on the global sports community to prioritize unity and fair competition.
“All disputes and conflicts must be resolved only in sports arenas within sporting competitions,” he added.
About the International Boxing Association:
The International Boxing Association (IBA) is the worldwide governing body of boxing, established in 1946. As the custodian of boxing, the IBA’s strategy is underpinned by an athlete-first approach, with a clear mission to promote, support, develop and unite the prestigious and historic sport worldwide.
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Media Contact
Company name: IBA
Contact Person: Michael G. Shariff, Esq.
Website: iba.sport
Email: info@iba.sport
Phone: +1 248 3460546
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Press Release
MEXC Lists DAPPOS (DOS) With $60,000 Worth of DOS and 10,000 USDT in Airdrop+ Rewards
Mutsamudu, Comoros, August 11th, 2026, Chainwire
MEXC, a pioneer in 0-fee digital asset trading, listed DAPPOS (DOS) in the Innovation Zone, with the DOS/USDT pair opening at 09:07 (UTC) and the DOS/USDC pair opening at 09:27 (UTC) on August 10, 2026. DOS is also available on MEXC Convert for instant, zero-fee token swaps. To celebrate the listing, MEXC has launched the DAPPOS (DOS) Airdrop+ event, offering $60,000 worth of DOS and 10,000 USDT in rewards.
DAPPOS builds low-barrier AI products that make advanced AI accessible without a steep learning curve. Its flagship product, xBubble, is a low-prompt AI agent that automatically codes, tests, and dispatches task-specific AI solutions, allowing users to focus on outcomes rather than manual operation. DAPPOS has raised more than $20 million from investors including Polychain Capital, YZi Labs, Sequoia China, IDG Capital, and other leading institutions. xBubble has attracted over 10,275 paying OCP clients and generated more than $6.8 million in cumulative revenue. DOS serves as the utility and governance token of the DAPPOS ecosystem, used for accessing premium services, paying transaction fees, staking-based participation, and protocol governance. The total supply is fixed at 1 billion DOS.
The DAPPOS (DOS) Airdrop+ event is now underway, running from August 10, 2026, 09:00 (UTC) to August 24, 2026, 09:00 (UTC), with three ways to participate. New users can deposit DOS to share $54,000 worth of DOS, while all users can trade DOS in a spot challenge to share $6,000 worth of DOS. New users can also join a futures challenge, trading DOS futures to share 10,000 USDT in Futures bonuses. Full event details are available on the MEXC Airdrop+ event page.
This listing reflects MEXC’s ongoing commitment to its “0 Fees” and “Infinite Opportunities” vision, eliminating trading costs and helping users seize opportunities across global markets. In July 2026, MEXC listed 199 new tokens and expanded its zero-fee trading pairs to 995. As a one-stop trading platform, MEXC enables users to trade cryptocurrencies alongside real-world assets, including U.S. stocks, ETFs, commodities, and precious metals, within a single account. Backed by rapid asset listings, an extensive selection of assets, industry-leading liquidity, and competitive trading fees, MEXC has become a preferred platform for a growing number of investors. According to CoinMarketCap, MEXC ranked third among global exchanges by trading volume in July. MEXC will continue to accelerate asset listings and product innovation, empowering users to build diversified portfolios across digital and traditional markets.
About MEXC
MEXC is the world’s fastest-growing cryptocurrency exchange, trusted by more than 40 million users across 170+ markets. Built on a user-first philosophy, MEXC offers industry-leading 0-fee trading and access to over 3,000 digital assets. As the Gateway to Infinite Opportunities, MEXC provides a single platform where users can easily trade cryptocurrencies alongside tokenized assets, including stocks, ETFs, commodities, and precious metals.
MEXC Official Website| X | Telegram |How to Sign Up on MEXC
Risk Disclaimer:
This content does not constitute investment advice. Given the volatility of financial markets, including digital assets, tokenized assets, and traditional financial products, investors should carefully assess market conditions, underlying asset fundamentals, and potential financial risks before making any investment or trading decisions.
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Press Release
PrimeXBT Launches MT5 Cent Account for Beginners and Risk-Conscious Traders
Castries, Saint Lucia, August 11th, 2026, FinanceWire
PrimeXBT, a global multi-asset broker, has expanded its MetaTrader 5 (MT5) offering with the launch of a Cent Account, providing traders with a lower-risk way to access live markets, test new trading strategies, and trade with significantly smaller position sizes.
A Cent Account functions like a standard MT5 account but is denominated in US cents (USC) rather than US dollars (USD). This means a $10 deposit is displayed as 1,000 USC within the MT5 platform, while the client’s Personal Area continues to show the balance in USD for clarity. Lot sizes are also scaled down, with 1 lot on a Cent Account equivalent to approximately 0.01 Standard lot, or 100,000 cents.
The account supports leverage of up to 1:1000 and provides access to Forex Majors and Minors, Gold, Silver, and BTC and ETH CFDs. Swap-free functionality and eligible bonus programs are available under the same terms as other supported MT5 account types.
“Many traders find that moving from a demo account to live trading is one of the biggest psychological hurdles in their trading journey,” said Jonatan Randin, Senior Market Analyst at PrimeXBT. “A Cent Account provides a practical next step by allowing traders to experience real market conditions while keeping position sizes smaller. As traders gain confidence and experience, they can naturally progress through PrimeXBT’s MT5 account offering as their trading needs evolve.”
Designed for beginners, risk-conscious traders, and experienced traders testing new strategies, a Cent Account allows users to trade under live market conditions with lower financial exposure than a Standard account. Together with Standard, ZeroStop, and Pro accounts, they complete PrimeXBT’s MT5 account lineup, giving traders the flexibility to choose the account type that best matches their experience, objectives, and risk tolerance.
The launch reflects PrimeXBT’s ongoing commitment to expanding its trading ecosystem with flexible account options, advanced platforms, and competitive trading conditions, supporting traders at every stage of their journey.
To learn more, please visit PrimeXBT website.
About PrimeXBT
PrimeXBT is a global multi-asset broker and crypto asset service provider trusted by traders in more than 150 countries. The platform bridges traditional and digital markets within one integrated environment, redefining versatility and innovation in online trading. Clients can access Forex, CFDs on indices, commodities, shares, crypto, and Crypto Futures, as well as buy, store and exchange cryptocurrencies. This unified experience extends across both the native PXTrader 2.0 platform and MetaTrader 5, supported by advanced risk-management tools and a wide range of funding options in crypto, fiat and local payment methods. Since 2018, PrimeXBT has focused on empowering traders through broad multi-asset access, fair and transparent conditions, professional-grade technology and dedicated human support. By combining expertise, trust and a client-first approach, PrimeXBT sets a benchmark of excellence in the financial industry and provides traders with the tools they need to trade, grow and succeed with confidence.
Disclaimer: The content provided here is for informational purposes only and is not intended as personal investment advice and does not constitute a solicitation or invitation to engage in any financial transactions, investments, or related activities. Past performance is not a reliable indicator of future results. The financial products offered by the Company are complex and come with a high risk of losing money rapidly due to leverage. These products may not be suitable for all investors. Before engaging, you should consider whether you understand how these leveraged products work and whether you can afford the high risk of losing your money. The Company does not accept clients from the Restricted Jurisdictions as indicated on its website / T&Cs. Some products and services, including MT5, may not be available in your jurisdiction. The applicable legal entity and its respective products and services depend on the client’s country of residence and the entity with which the client has established a contractual relationship during registration.
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Press Release
ETHRA AI Development Well Under Way as Project Advances Core Artificial Intelligence Technology
United Kingdom, 11th Aug 2026 – ETHRA AI today announced a significant development update, confirming that work on the project is well under way as the team continues to advance the core artificial intelligence technology at the heart of the platform.

The current phase of development is focused on building and refining ETHRA AI’s foundational AI capabilities, establishing the technical architecture required to support the project’s longer-term vision. Progress to date represents an important step toward creating an intelligent, adaptable and scalable platform designed for the next generation of AI-powered experiences.
The ETHRA AI development team is continuing to strengthen the underlying systems, evaluate core functionality and refine the technology as the project moves through its development roadmap. This measured approach is intended to ensure that the platform is built on a robust foundation while creating opportunities for increasingly sophisticated capabilities as development progresses.
“ETHRA AI is moving from vision into reality. Development is well under way, and the progress being made on our core AI technology is an important foundation for what comes next. Our focus is not simply on building another AI platform, but on creating technology with the flexibility and intelligence to evolve alongside the needs of its users.”
The project’s ongoing development reflects ETHRA AI’s broader ambition to explore how advanced artificial intelligence can deliver more intuitive, responsive and valuable digital experiences.
As development continues, the team will progressively move toward further refinement, testing and expansion of ETHRA AI’s capabilities. Additional project milestones and technology updates will be announced as the platform advances.
About ETHRA AI
ETHRA AI is an artificial intelligence project focused on developing intelligent, adaptable and forward looking AI technology. Built with an emphasis on innovation, scalability and long-term capability, ETHRA AI aims to create a strong foundation for the next generation of AI-powered solutions.
Official ETHRA AI Channels
Website: https://www.ethraai.com/
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Telegram: https://t.me/ethraaiofficial
Media Contact
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Contact Person: John Smith
Website: https://www.ethraai.com
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Country:United Kingdom
Release id:48039
The post ETHRA AI Development Well Under Way as Project Advances Core Artificial Intelligence Technology appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section
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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
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