Before we start, I want to let you know that Louise, CXO & co-founder, is hosting a livestream with Eugenio on June 10th. Set you reminders:

Now let’s get to it. May was a month if building. Less noise, more shipping. Here's what happened in crypto, what happened at Ryder, what's coming next, and what this means for anyone holding crypto.

A Reminder of Why We Exist

In May 2026, there were 47 recorded crypto hacks, resulting in a total loss of $68.08 million. This happened across bridges and stablecoin issuers, one of them due to poor wallet set up. Did you know in 2025, private key exploits accounted for 13.33% of attacks, amounting to $959.68 million?

It’s sad that the industry is plagued with bad actors, but Uncle Ben said it best. “With great power comes great responsibility”, and the responsibility is yours to make sure your crypto is stored safely.

A Quick Recap of May at Ryder

Our latest firmware release includes the verify address flow, on-device error codes for faster debugging, and an improved update flow so you always see the update confirmation screen even if the device goes inactive mid-process.

Ryder One won the Red Dot Product Design Award. It's the most prestigious globally-recognized product design award, and it reflects something we've always believed: that security hardware doesn't have to look and feel like security hardware. It should be something you're proud to own.

Babe, wake up, Ryder Earn’s coming.

The hardware wallet industry has had one job for the past decade: keep your crypto safe. Ledger does it, Trezor does it, and we do it too. But safe and idle are two different things, and we think you deserve both security and yield at the same time.

Ryder Earn is our answer to that. Built in partnership with Yield.xyz, Ryder Earn lets you earn interest on your crypto while staying completely self-custodial. Your keys never leave your device, and your crypto doesn’t leave your wallet. You just earn.

We chose to work with Yield.xyz because they serve over 25 million users to provide one of the best staking services we've seen so far.

We're upgrading Ryder from being just another wallet that protects your crypto, to a financial application that makes your crypto work for you.

If you’re new to crypto and want to know more, getting started is really simple when you use Ryder One. You can buy crypto directly in the Ryder app through MoonPay, our integrated payment partner. You can swap cryptocurrencies right in our app, too! So if you want to move from USDT to SOL or BTC, we’ve made it as easy as ever. If you don’t want to swap, you can make your crypto work for you by staking it. Soon, you’ll be able to head over to “Earn”, where you’ll be able to earn interest on your crypto while you hold it.

Ryder Earn ships next month, so here’s your chance to get your Ryder One in time. The best part is, if you don’t love it, you can send it right back!

Things to Look Forward to

We’re excited about Earn, but that’s not the only thing coming your way! We’re adding device verification, multi language support, and a lot more. We’ve been getting so many requests for XRP support too…so to our dear XRP community, this one’s for you. XRP support is our next major addition! More details to come.

Well, What Are You Waiting For?

If you've been thinking about moving your crypto off an exchange or into something more secure than a software wallet, now is a good time.

If you want to learn more about Ryder One, see it in action here:

If you want to win a free Ryder One, follow us on X. We do some awesome giveaways with our partners. This month we partnered with Exolix and Letsexchange to get Ryder Ones to a few lucky people!

Stay tuned for June! Usually, a quiet month means we've been building. We have some updates you'll absolutely love.