diff --git a/CHANGELOG.md b/CHANGELOG.md
index d0506bc7b8..7791c9fcac 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -23,6 +23,7 @@
 
 ### Chores
 
+- Introduced new version of the `@cardano-foundation/ledgerjs-hw-app-cardano` package ([PR 2930](https://github.com/input-output-hk/daedalus/pull/2930))
 - Using new faker.js ([PR 2855](https://github.com/input-output-hk/daedalus/pull/2855))
 - Removed `dockutil` due compatibility issues with MacOs Monterey 12.3 ([PR 2929](https://github.com/input-output-hk/daedalus/pull/2929))
 - Fixed spelling issues and typos ([PR 2915](https://github.com/input-output-hk/daedalus/pull/2915))
diff --git a/cardano-foundation-ledgerjs-hw-app-cardano-v5.0.0-rc4.tgz b/cardano-foundation-ledgerjs-hw-app-cardano-v5.0.0-rc4.tgz
new file mode 100644
index 0000000000..3eb24a247b
Binary files /dev/null and b/cardano-foundation-ledgerjs-hw-app-cardano-v5.0.0-rc4.tgz differ
diff --git a/installers/common/MacInstaller.hs b/installers/common/MacInstaller.hs
index e6fb54bcbf..8f7e5aa356 100644
--- a/installers/common/MacInstaller.hs
+++ b/installers/common/MacInstaller.hs
@@ -224,6 +224,7 @@ buildElectronApp darwinConfig@DarwinConfig{dcAppName, dcAppNameApp} installerCon
       , "bip66"
       , "bitcoin-ops"
       , "blake2b"
+      , "blake2"
       , "blake-hash"
       , "blake2b-wasm"
       , "bn.js"
diff --git a/package.json b/package.json
index 75228e8e65..8c35df26dd 100644
--- a/package.json
+++ b/package.json
@@ -192,7 +192,7 @@
     "yarn-lockfile": "1.1.1"
   },
   "dependencies": {
-    "@cardano-foundation/ledgerjs-hw-app-cardano": "4.0.0",
+    "@cardano-foundation/ledgerjs-hw-app-cardano": "5.0.0",
     "@iohk-jormungandr/wallet-js": "0.5.0-pre7",
     "@ledgerhq/hw-transport-node-hid": "5.51.1",
     "aes-js": "3.1.2",
diff --git a/yarn.lock b/yarn.lock
index 0e932d3a56..499acabd4e 100644
--- a/yarn.lock
+++ b/yarn.lock
@@ -1840,14 +1840,15 @@
   version "0.2.3"
   resolved "https://registry.yarnpkg.com/@bcoe/v8-coverage/-/v8-coverage-0.2.3.tgz#75a2e8b51cb758a7553d6804a5932d7aace75c39"
 
-"@cardano-foundation/ledgerjs-hw-app-cardano@4.0.0":
-  version "4.0.0"
-  resolved "https://registry.yarnpkg.com/@cardano-foundation/ledgerjs-hw-app-cardano/-/ledgerjs-hw-app-cardano-4.0.0.tgz#d4532b23e2ccd652f94a469106933aad821a65e7"
+"@cardano-foundation/ledgerjs-hw-app-cardano@5.0.0":
+  version "5.0.0"
+  resolved "https://registry.yarnpkg.com/@cardano-foundation/ledgerjs-hw-app-cardano/-/ledgerjs-hw-app-cardano-5.0.0.tgz#38d929abe7946a418d6c9788895a3114e6f7e293"
   dependencies:
     "@ledgerhq/hw-transport" "^5.12.0"
     "@types/ledgerhq__hw-transport" "^4.21.3"
     base-x "^3.0.5"
     bech32 "^1.1.4"
+    blake2 "^4.0.2"
     int64-buffer "^1.0.1"
 
 "@cnakazawa/watch@^1.0.3":
@@ -4913,6 +4914,12 @@ blake-hash@^2.0.0:
     node-gyp-build "^4.2.2"
     readable-stream "^3.6.0"
 
+blake2@^4.0.2:
+  version "4.1.1"
+  resolved "https://registry.yarnpkg.com/blake2/-/blake2-4.1.1.tgz#0c23524776ebbf76b3ffecb6fa73422a33f20526"
+  dependencies:
+    nan "^2.15.0"
+
 blake2b-wasm@^1.1.0:
   version "1.1.7"
   resolved "https://registry.yarnpkg.com/blake2b-wasm/-/blake2b-wasm-1.1.7.tgz#e4d075da10068e5d4c3ec1fb9accc4d186c55d81"
@@ -12177,7 +12184,7 @@ nan@^2.12.1:
   version "2.14.1"
   resolved "https://registry.yarnpkg.com/nan/-/nan-2.14.1.tgz#d7be34dfa3105b91494c3147089315eff8874b01"
 
-nan@^2.13.2:
+nan@^2.13.2, nan@^2.15.0:
   version "2.15.0"
   resolved "https://registry.yarnpkg.com/nan/-/nan-2.15.0.tgz#3f34a473ff18e15c1b5626b62903b5ad6e665fee"
 
diff --git a/yarn2nix.nix b/yarn2nix.nix
index c98c7fb8f2..9526cbd20d 100644
--- a/yarn2nix.nix
+++ b/yarn2nix.nix
@@ -122,7 +122,7 @@ yarn2nix.mkYarnPackage {
     rm -rf $out/resources/app/{installers,launcher-config.yaml,gulpfile.js,home}
 
     mkdir -pv $out/resources/app/node_modules
-    cp -rv $node_modules/{\@babel,\@protobufjs,regenerator-runtime,node-fetch,\@trezor,runtypes,parse-uri,randombytes,safe-buffer,bip66,pushdata-bitcoin,bitcoin-ops,typeforce,varuint-bitcoin,create-hash,blake2b,nanoassert,blake2b-wasm,bs58check,bs58,base-x,create-hmac,wif,ms,keccak,semver-compare,long,define-properties,object-keys,has,function-bind,es-abstract,has-symbols,json-stable-stringify,tiny-worker,cashaddrjs,big-integer,inherits,bchaddrjs,cross-fetch,trezor-connect,js-chain-libs-node,bignumber.js,call-bind,get-intrinsic,base64-js,ieee754,cbor-web,util-deprecate,bech32,blake-hash,tiny-secp256k1,bn.js,elliptic,minimalistic-assert,minimalistic-crypto-utils,brorand,hash.js,hmac-drbg,int64-buffer,object.values,bytebuffer,protobufjs} $out/resources/app/node_modules
+    cp -rv $node_modules/{\@babel,\@protobufjs,regenerator-runtime,node-fetch,\@trezor,runtypes,parse-uri,randombytes,safe-buffer,bip66,pushdata-bitcoin,bitcoin-ops,typeforce,varuint-bitcoin,create-hash,blake2b,nanoassert,blake2b-wasm,bs58check,bs58,base-x,create-hmac,wif,ms,keccak,semver-compare,long,define-properties,object-keys,has,function-bind,es-abstract,has-symbols,json-stable-stringify,tiny-worker,cashaddrjs,big-integer,inherits,bchaddrjs,cross-fetch,trezor-connect,js-chain-libs-node,bignumber.js,call-bind,get-intrinsic,base64-js,ieee754,cbor-web,util-deprecate,bech32,blake-hash,blake2,tiny-secp256k1,bn.js,elliptic,minimalistic-assert,minimalistic-crypto-utils,brorand,hash.js,hmac-drbg,int64-buffer,object.values,bytebuffer,protobufjs} $out/resources/app/node_modules
 
     cd $out/resources/app/
     unzip ${./nix/windows-usb-libs.zip}
@@ -153,6 +153,7 @@ yarn2nix.mkYarnPackage {
     dup @ledgerhq
     dup electron-chromedriver
     dup blake-hash
+    dup blake2
     dup tiny-secp256k1
 
     # We ship debug version because the release one has issues with ledger nano s
@@ -167,7 +168,7 @@ yarn2nix.mkYarnPackage {
     mkdir -p $out/share/fonts
     ln -sv $out/share/daedalus/renderer/assets $out/share/fonts/daedalus
     mkdir -pv $out/share/daedalus/node_modules
-    cp -rv $node_modules/{\@babel,\@protobufjs,regenerator-runtime,node-fetch,\@trezor,runtypes,parse-uri,randombytes,safe-buffer,bip66,pushdata-bitcoin,bitcoin-ops,typeforce,varuint-bitcoin,create-hash,blake2b,nanoassert,blake2b-wasm,bs58check,bs58,base-x,create-hmac,wif,ms,keccak,semver-compare,long,define-properties,object-keys,has,function-bind,es-abstract,has-symbols,json-stable-stringify,tiny-worker,cashaddrjs,big-integer,inherits,bchaddrjs,cross-fetch,trezor-connect,js-chain-libs-node,bignumber.js,call-bind,get-intrinsic,base64-js,ieee754,cbor-web,util-deprecate,bech32,blake-hash,tiny-secp256k1,bn.js,elliptic,minimalistic-assert,minimalistic-crypto-utils,brorand,hash.js,hmac-drbg,int64-buffer,object.values,bytebuffer,protobufjs} $out/share/daedalus/node_modules/
+    cp -rv $node_modules/{\@babel,\@protobufjs,regenerator-runtime,node-fetch,\@trezor,runtypes,parse-uri,randombytes,safe-buffer,bip66,pushdata-bitcoin,bitcoin-ops,typeforce,varuint-bitcoin,create-hash,blake2b,nanoassert,blake2b-wasm,bs58check,bs58,base-x,create-hmac,wif,ms,keccak,semver-compare,long,define-properties,object-keys,has,function-bind,es-abstract,has-symbols,json-stable-stringify,tiny-worker,cashaddrjs,big-integer,inherits,bchaddrjs,cross-fetch,trezor-connect,js-chain-libs-node,bignumber.js,call-bind,get-intrinsic,base64-js,ieee754,cbor-web,util-deprecate,bech32,blake-hash,blake2,tiny-secp256k1,bn.js,elliptic,minimalistic-assert,minimalistic-crypto-utils,brorand,hash.js,hmac-drbg,int64-buffer,object.values,bytebuffer,protobufjs} $out/share/daedalus/node_modules/
     find $out $NIX_BUILD_TOP -name '*.node'
 
     mkdir -pv $out/share/daedalus/build