diff --git a/Cargo.lock b/Cargo.lock
index 88946f6ca3..41583e7875 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -2889,7 +2889,7 @@ checksum = "4e69bf016dc406eff7d53a7d3f7cf1c2e72c82b9088aac1118591e36dd2cd3e9"
 dependencies = [
  "bitcoin_hashes 0.13.0",
  "rand",
- "rand_core 0.5.1",
+ "rand_core 0.6.4",
  "serde",
  "unicode-normalization",
 ]
@@ -4005,9 +4005,9 @@ checksum = "cd0b0ec5f1c1ca621c432a25813d8d60c88abe6d3e08a3eb9cf37d97a0fe3d73"
 
 [[package]]
 name = "serde"
-version = "1.0.197"
+version = "1.0.198"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "3fb1c873e1b9b056a4dc4c0c198b24c3ffa059243875552b2bd0933b1aee4ce2"
+checksum = "9846a40c979031340571da2545a4e5b7c4163bdae79b301d5f86d03979451fcc"
 dependencies = [
  "serde_derive",
 ]
@@ -4023,9 +4023,9 @@ dependencies = [
 
 [[package]]
 name = "serde_derive"
-version = "1.0.197"
+version = "1.0.198"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "7eb0b34b42edc17f6b7cac84a52a1c5f0e1bb2227e997ca9011ea3dd34e8610b"
+checksum = "e88edab869b01783ba905e7d0153f9fc1a6505a96e4ad3018011eedb838566d9"
 dependencies = [
  "proc-macro2",
  "quote",
diff --git a/Cargo.toml b/Cargo.toml
index 91bbe2d8f6..74262e235e 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -97,7 +97,7 @@ scale-decode = { version = "0.11.1", default-features = false }
 scale-encode = { version = "0.6.0", default-features = false }
 scale-typegen = "0.4.2"
 scale-typegen-description = "0.4.3"
-serde = { version = "1.0.197", default-features = false, features = ["derive"] }
+serde = { version = "1.0.198", default-features = false, features = ["derive"] }
 serde_json = { version = "1.0.114", default-features = false }
 syn = { version = "2.0.15", features = ["full", "extra-traits"] }
 thiserror = "1.0.58"