diff --git a/Cargo.lock b/Cargo.lock
index 15cc91c5..6b90de60 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -176,7 +176,7 @@ version = "1.0.3"
 source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "a64c907d4e79225ac72e2a354c9ce84d50ebb4586dee56c82b3ee73004f537f5"
 dependencies = [
- "windows-sys 0.52.0",
+ "windows-sys",
 ]
 
 [[package]]
@@ -186,7 +186,7 @@ source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "61a38449feb7068f52bb06c12759005cf459ee52bb4adc1d5a7c4322d716fb19"
 dependencies = [
  "anstyle",
- "windows-sys 0.52.0",
+ "windows-sys",
 ]
 
 [[package]]
@@ -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 = "4.5.13"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "84b3edb18336f4df585bc9aa31dd99c036dfa5dc5e9a2939a722a188f3a8970d"
+checksum = "0fbb260a053428790f3de475e304ff84cdbc4face759ea7a3e64c1edd938a7fc"
 dependencies = [
  "clap_builder",
  "clap_derive",
@@ -303,9 +303,9 @@ dependencies = [
 
 [[package]]
 name = "clap_builder"
-version = "4.5.8"
+version = "4.5.13"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "c1c09dd5ada6c6c78075d6fd0da3f90d8080651e2d6cc8eb2f1aaa4034ced708"
+checksum = "64b17d7ea74e9f833c7dbf2cbe4fb12ff26783eda4782a8975b72f895c9b4d99"
 dependencies = [
  "anstream",
  "anstyle",
@@ -315,9 +315,9 @@ dependencies = [
 
 [[package]]
 name = "clap_derive"
-version = "4.5.8"
+version = "4.5.13"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "2bac35c6dafb060fd4d275d9a4ffae97917c13a6327903a8be2153cd964f7085"
+checksum = "501d359d5f3dcaf6ecdeee48833ae73ec6e42723a1e52419c79abf9507eec0a0"
 dependencies = [
  "heck",
  "proc-macro2",
@@ -423,9 +423,9 @@ dependencies = [
 
 [[package]]
 name = "env_logger"
-version = "0.11.3"
+version = "0.11.5"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "38b35839ba51819680ba087cd351788c9a3c476841207e0b8cee0b04722343b9"
+checksum = "e13fa619b91fb2381732789fc5de83b45675e882f66623b7d8cb4f643017018d"
 dependencies = [
  "anstream",
  "anstyle",
@@ -676,13 +676,14 @@ dependencies = [
 
 [[package]]
 name = "mio"
-version = "0.8.11"
+version = "1.0.1"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "a4a650543ca06a924e8b371db273b2756685faae30f8487da1b56505a8f78b0c"
+checksum = "4569e456d394deccd22ce1c1913e6ea0e54519f577285001215d33557431afe4"
 dependencies = [
+ "hermit-abi",
  "libc",
  "wasi",
- "windows-sys 0.48.0",
+ "windows-sys",
 ]
 
 [[package]]
@@ -691,16 +692,6 @@ version = "0.1.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "51d515d32fb182ee37cda2ccdcb92950d6a3c2893aa280e540671c2cd0f3b1d9"
 
-[[package]]
-name = "num_cpus"
-version = "1.16.0"
-source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "4161fcb6d602d4d2081af7c3a45852d875a03dd337a6bfdd6e06407b61342a43"
-dependencies = [
- "hermit-abi",
- "libc",
-]
-
 [[package]]
 name = "num_threads"
 version = "0.1.7"
@@ -769,7 +760,7 @@ dependencies = [
  "libc",
  "redox_syscall",
  "smallvec",
- "windows-targets 0.52.5",
+ "windows-targets",
 ]
 
 [[package]]
@@ -1010,7 +1001,7 @@ source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "ce305eb0b4296696835b71df73eb912e0f1ffd2556a501fcede6e0c50349191c"
 dependencies = [
  "libc",
- "windows-sys 0.52.0",
+ "windows-sys",
 ]
 
 [[package]]
@@ -1043,18 +1034,18 @@ 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",
@@ -1096,26 +1087,25 @@ dependencies = [
 
 [[package]]
 name = "tokio"
-version = "1.38.0"
+version = "1.39.2"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "ba4f4a02a7a80d6f274636f0aa95c7e383b912d41fe721a31f29e29698585a4a"
+checksum = "daa4fb1bc778bd6f04cbfc4bb2d06a7396a8f299dc33ea1900cedaa316f467b1"
 dependencies = [
  "backtrace",
  "bytes",
  "libc",
  "mio",
- "num_cpus",
  "pin-project-lite",
  "socket2",
  "tokio-macros",
- "windows-sys 0.48.0",
+ "windows-sys",
 ]
 
 [[package]]
 name = "tokio-macros"
-version = "2.3.0"
+version = "2.4.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "5f5ae998a069d4b5aba8ee9dad856af7d520c3699e6159b185c2acd48155d39a"
+checksum = "693d596312e88961bc67d7f1f97af8a70227d9f90c31bba5806eec004978d752"
 dependencies = [
  "proc-macro2",
  "quote",
@@ -1195,37 +1185,13 @@ version = "0.11.0+wasi-snapshot-preview1"
 source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "9c8d87e72b64a3b4db28d11ce29237c246188f4f51057d65a7eab63b7987e423"
 
-[[package]]
-name = "windows-sys"
-version = "0.48.0"
-source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "677d2418bec65e3338edb076e806bc1ec15693c5d0104683f2efe857f61056a9"
-dependencies = [
- "windows-targets 0.48.5",
-]
-
 [[package]]
 name = "windows-sys"
 version = "0.52.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "282be5f36a8ce781fad8c8ae18fa3f9beff57ec1b52cb3de0789201425d9a33d"
 dependencies = [
- "windows-targets 0.52.5",
-]
-
-[[package]]
-name = "windows-targets"
-version = "0.48.5"
-source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "9a2fa6e2155d7247be68c096456083145c183cbbbc2764150dda45a87197940c"
-dependencies = [
- "windows_aarch64_gnullvm 0.48.5",
- "windows_aarch64_msvc 0.48.5",
- "windows_i686_gnu 0.48.5",
- "windows_i686_msvc 0.48.5",
- "windows_x86_64_gnu 0.48.5",
- "windows_x86_64_gnullvm 0.48.5",
- "windows_x86_64_msvc 0.48.5",
+ "windows-targets",
 ]
 
 [[package]]
@@ -1234,46 +1200,28 @@ version = "0.52.5"
 source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "6f0713a46559409d202e70e28227288446bf7841d3211583a4b53e3f6d96e7eb"
 dependencies = [
- "windows_aarch64_gnullvm 0.52.5",
- "windows_aarch64_msvc 0.52.5",
- "windows_i686_gnu 0.52.5",
+ "windows_aarch64_gnullvm",
+ "windows_aarch64_msvc",
+ "windows_i686_gnu",
  "windows_i686_gnullvm",
- "windows_i686_msvc 0.52.5",
- "windows_x86_64_gnu 0.52.5",
- "windows_x86_64_gnullvm 0.52.5",
- "windows_x86_64_msvc 0.52.5",
+ "windows_i686_msvc",
+ "windows_x86_64_gnu",
+ "windows_x86_64_gnullvm",
+ "windows_x86_64_msvc",
 ]
 
-[[package]]
-name = "windows_aarch64_gnullvm"
-version = "0.48.5"
-source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "2b38e32f0abccf9987a4e3079dfb67dcd799fb61361e53e2882c3cbaf0d905d8"
-
 [[package]]
 name = "windows_aarch64_gnullvm"
 version = "0.52.5"
 source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "7088eed71e8b8dda258ecc8bac5fb1153c5cffaf2578fc8ff5d61e23578d3263"
 
-[[package]]
-name = "windows_aarch64_msvc"
-version = "0.48.5"
-source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "dc35310971f3b2dbbf3f0690a219f40e2d9afcf64f9ab7cc1be722937c26b4bc"
-
 [[package]]
 name = "windows_aarch64_msvc"
 version = "0.52.5"
 source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "9985fd1504e250c615ca5f281c3f7a6da76213ebd5ccc9561496568a2752afb6"
 
-[[package]]
-name = "windows_i686_gnu"
-version = "0.48.5"
-source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "a75915e7def60c94dcef72200b9a8e58e5091744960da64ec734a6c6e9b3743e"
-
 [[package]]
 name = "windows_i686_gnu"
 version = "0.52.5"
@@ -1286,48 +1234,24 @@ version = "0.52.5"
 source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "87f4261229030a858f36b459e748ae97545d6f1ec60e5e0d6a3d32e0dc232ee9"
 
-[[package]]
-name = "windows_i686_msvc"
-version = "0.48.5"
-source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "8f55c233f70c4b27f66c523580f78f1004e8b5a8b659e05a4eb49d4166cca406"
-
 [[package]]
 name = "windows_i686_msvc"
 version = "0.52.5"
 source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "db3c2bf3d13d5b658be73463284eaf12830ac9a26a90c717b7f771dfe97487bf"
 
-[[package]]
-name = "windows_x86_64_gnu"
-version = "0.48.5"
-source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "53d40abd2583d23e4718fddf1ebec84dbff8381c07cae67ff7768bbf19c6718e"
-
 [[package]]
 name = "windows_x86_64_gnu"
 version = "0.52.5"
 source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "4e4246f76bdeff09eb48875a0fd3e2af6aada79d409d33011886d3e1581517d9"
 
-[[package]]
-name = "windows_x86_64_gnullvm"
-version = "0.48.5"
-source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "0b7b52767868a23d5bab768e390dc5f5c55825b6d30b86c844ff2dc7414044cc"
-
 [[package]]
 name = "windows_x86_64_gnullvm"
 version = "0.52.5"
 source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "852298e482cd67c356ddd9570386e2862b5673c85bd5f88df9ab6802b334c596"
 
-[[package]]
-name = "windows_x86_64_msvc"
-version = "0.48.5"
-source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "ed94fce61571a4006852b7389a063ab983c02eb1bb37b47f8272ce92d06d9538"
-
 [[package]]
 name = "windows_x86_64_msvc"
 version = "0.52.5"
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"