If they used raised funds than it is worse use case from my opinion. They should deliver asap or accept the truth and tell us what is happening behind the scene instead of sharing these nonsense stories with us. I also agreed with you this is failed project where we only getting this kind of irrelevant updates.
Yeah this update essentially says 'MCO hires staff'.
That might have cut it 12 months ago, but now it's just, like, so what?
Inputs aren't the same as outcomes. Hiring staff is an input that might help deliver an outcome, but by itself at this later stage, it means very little.
From another point of view, it could mean that people are leaving the company because they understand the company cannot deliver what was promised before. That's why they have to hire new staff, just to cover open positions. I simply cannot see the reasons for MCO to extend their staff while they don't have a working card.
These are pretty decent hires.
Adrienne Wong joins CRYPTO.com as Senior Vice President, Head of Product. She joins from fintech company Square where she managed global strategy and market launches for its flagship product, Square Point of Sale. She had also led growth and expansion efforts in the Canada, UK, Australia, and US markets. A former Deloitte strategy and operations consultant, Adrienne graduated from the University of California, Berkeley with a Bachelor of Science in Business Administration, Bachelor of Arts in Economics, and a concentration in Global Management.
Cerulean Hu joined CRYPTO.com as Lead Blockchain Engineer with a strong background in both the blockchain and traditional financial services industries. In her past roles, Cerulean developed easy-to-use and robust financial products and systems. Previously, she was lead engineer at Equichain, implemented blockchain solutions at FINCOVA, led finance and trading systems development at ANX. Prior to that, she was responsible for developing trading algorithms at HSBC. Cerulean graduated from the University of Hong Kong with a Bachelors Degree in Engineering.
Cerulean is a name I recognize because of OAX.