Crypto company Ledger, a manufacturer of hardware wallets, is cutting 12% of its staff due to “macroeconomic headwinds” 🌪️. CEO Pascal Gauthier explains this by the need to adapt to changing market conditions. This is a reflection of the general situation in the crypto industry: a decrease in trading volumes, a decrease in funding and a drop in interest in NFTs 📉. Despite the challenges, Ledger continues to grow, attracting €100 million in funding earlier this year and achieving a valuation of €1.3 billion.