diff --git a/Cargo.lock b/Cargo.lock
index 15cc91c5..2188b14f 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -203,9 +203,9 @@ checksum = "96d30a06541fbafbc7f82ed10c06164cfbd2c401138f6addd8404629c4b16711"
 
 [[package]]
 name = "async-trait"
-version = "0.1.80"
+version = "0.1.81"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "c6fa2087f2753a7da8cc1c0dbfcf89579dd57458e36769de5ac750b4671737ca"
+checksum = "6e0c28dcc82d7c8ead5cb13beb15405b57b8546e93215673ff8ca0349a028107"
 dependencies = [
  "proc-macro2",
  "quote",
@@ -248,9 +248,9 @@ dependencies = [
 
 [[package]]
 name = "bit-vec"
-version = "0.7.0"
+version = "0.8.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "d2c54ff287cfc0a34f38a6b832ea1bd8e448a330b3e40a50859e6488bee07f22"
+checksum = "5e764a1d40d510daf35e07be9eb06e75770908c27d411ee6c92109c9840eaaf7"
 
 [[package]]
 name = "bitflags"
@@ -293,9 +293,9 @@ checksum = "baf1de4339761588bc0619e3cbc0120ee582ebb74b53b4efbf79117bd2da40fd"
 
 [[package]]
 name = "clap"
-version = "4.5.8"
+version = "4.5.9"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "84b3edb18336f4df585bc9aa31dd99c036dfa5dc5e9a2939a722a188f3a8970d"
+checksum = "64acc1846d54c1fe936a78dc189c34e28d3f5afc348403f28ecf53660b9b8462"
 dependencies = [
  "clap_builder",
  "clap_derive",
@@ -303,9 +303,9 @@ dependencies = [
 
 [[package]]
 name = "clap_builder"
-version = "4.5.8"
+version = "4.5.9"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "c1c09dd5ada6c6c78075d6fd0da3f90d8080651e2d6cc8eb2f1aaa4034ced708"
+checksum = "6fb8393d67ba2e7bfaf28a23458e4e2b543cc73a99595511eb207fdb8aede942"
 dependencies = [
  "anstream",
  "anstyle",
@@ -1043,18 +1043,18 @@ dependencies = [
 
 [[package]]
 name = "thiserror"
-version = "1.0.61"
+version = "1.0.63"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "c546c80d6be4bc6a00c0f01730c08df82eaa7a7a61f11d656526506112cc1709"
+checksum = "c0342370b38b6a11b6cc11d6a805569958d54cfa061a29969c3b5ce2ea405724"
 dependencies = [
  "thiserror-impl",
 ]
 
 [[package]]
 name = "thiserror-impl"
-version = "1.0.61"
+version = "1.0.63"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "46c3384250002a6d5af4d114f2845d37b57521033f30d5c3f46c4d70e1197533"
+checksum = "a4558b58466b9ad7ca0f102865eccc95938dca1a74a856f2b57b6629050da261"
 dependencies = [
  "proc-macro2",
  "quote",
@@ -1096,9 +1096,9 @@ dependencies = [
 
 [[package]]
 name = "tokio"
-version = "1.38.0"
+version = "1.38.1"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "ba4f4a02a7a80d6f274636f0aa95c7e383b912d41fe721a31f29e29698585a4a"
+checksum = "eb2caba9f80616f438e09748d5acda951967e1ea58508ef53d9c6402485a46df"
 dependencies = [
  "backtrace",
  "bytes",
diff --git a/crypto/Cargo.toml b/crypto/Cargo.toml
index 9bb65820..e71a4a5d 100644
--- a/crypto/Cargo.toml
+++ b/crypto/Cargo.toml
@@ -13,7 +13,7 @@ description = "Utilities for node addressing and message signing in the aleph-bf
 
 [dependencies]
 async-trait = "0.1"
-bit-vec = "0.7"
+bit-vec = "0.8"
 codec = { package = "parity-scale-codec", version = "3.0", default-features = false, features = ["derive"] }
 derive_more = "0.99"
 log = "0.4"