diff --git a/Cargo.lock b/Cargo.lock
index bd6c986..6aab9e6 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -101,15 +101,15 @@ dependencies = [
 
 [[package]]
 name = "paste"
-version = "1.0.9"
+version = "1.0.11"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "b1de2e551fb905ac83f73f7aedf2f0cb4a0da7e35efa24a202a936269f1f18e1"
+checksum = "d01a5bd0424d00070b0098dd17ebca6f961a959dead1dbcbbbc1d1cd8d3deeba"
 
 [[package]]
 name = "proc-macro2"
-version = "1.0.43"
+version = "1.0.49"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "0a2ca2c61bc9f3d74d2886294ab7b9853abd9c1ad903a3ac7815c58989bb7bab"
+checksum = "57a8eca9f9c4ffde41714334dee777596264c7825420f521abc92b5b5deb63a5"
 dependencies = [
  "unicode-ident",
 ]
@@ -137,24 +137,24 @@ checksum = "98a01dab6acf992653be49205bdd549f32f17cb2803e8eacf1560bf97259aae8"
 
 [[package]]
 name = "semver"
-version = "1.0.14"
+version = "1.0.16"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "e25dfac463d778e353db5be2449d1cce89bd6fd23c9f1ea21310ce6e5a1b29c4"
+checksum = "58bc9567378fc7690d6b2addae4e60ac2eeea07becb2c64b9f218b53865cba2a"
 
 [[package]]
 name = "serde"
-version = "1.0.147"
+version = "1.0.152"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "d193d69bae983fc11a79df82342761dfbf28a99fc8d203dca4c3c1b590948965"
+checksum = "bb7d1f0d3021d347a83e556fc4683dea2ea09d87bccdf88ff5c12545d89d5efb"
 dependencies = [
  "serde_derive",
 ]
 
 [[package]]
 name = "serde_derive"
-version = "1.0.147"
+version = "1.0.152"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "4f1d362ca8fc9c3e3a7484440752472d68a6caa98f1ab81d99b5dfe517cec852"
+checksum = "af487d118eecd09402d70a5d72551860e788df87b464af30e5ea6a38c75c541e"
 dependencies = [
  "proc-macro2",
  "quote",
@@ -174,9 +174,9 @@ dependencies = [
 
 [[package]]
 name = "syn"
-version = "1.0.99"
+version = "1.0.107"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "58dbef6ec655055e20b86b15a8cc6d439cca19b667537ac6a1369572d151ab13"
+checksum = "1f4064b5b16e03ae50984a5a8ed5d4f8803e6bc1fd170a3cda91a1be4b18e3f5"
 dependencies = [
  "proc-macro2",
  "quote",
@@ -185,18 +185,18 @@ dependencies = [
 
 [[package]]
 name = "thiserror"
-version = "1.0.37"
+version = "1.0.38"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "10deb33631e3c9018b9baf9dcbbc4f737320d2b576bac10f6aefa048fa407e3e"
+checksum = "6a9cd18aa97d5c45c6603caea1da6628790b37f7a34b6ca89522331c5180fed0"
 dependencies = [
  "thiserror-impl",
 ]
 
 [[package]]
 name = "thiserror-impl"
-version = "1.0.37"
+version = "1.0.38"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "982d17546b47146b28f7c22e3d08465f6b8903d0ea13c1660d9d84a6e7adcdbb"
+checksum = "1fb327af4685e4d03fa8cbcf1716380da910eeb2bb8be417e7f9fd3fb164f36f"
 dependencies = [
  "proc-macro2",
  "quote",
diff --git a/crates/it-lilo/Cargo.toml b/crates/it-lilo/Cargo.toml
index 0fa4ab8..597f37a 100644
--- a/crates/it-lilo/Cargo.toml
+++ b/crates/it-lilo/Cargo.toml
@@ -14,6 +14,6 @@ path = "src/lib.rs"
 fluence-it-types = { path = "../it-types/", version = "0.3.3" }
 it-memory-traits = { path = "../it-memory-traits", version = "0.3.2" }
 
-paste = "1.0.9"
-thiserror = "1.0.37"
+paste = "1.0.11"
+thiserror = "1.0.38"
 log = "0.4.17"
diff --git a/crates/it-memory-traits/Cargo.toml b/crates/it-memory-traits/Cargo.toml
index 1f5185e..6ceb6d1 100644
--- a/crates/it-memory-traits/Cargo.toml
+++ b/crates/it-memory-traits/Cargo.toml
@@ -11,4 +11,4 @@ name = "it_memory_traits"
 path = "src/lib.rs"
 
 [dependencies]
-thiserror = "1.0.37"
+thiserror = "1.0.38"
diff --git a/crates/it-types/Cargo.toml b/crates/it-types/Cargo.toml
index 4ae8541..7d80e1b 100644
--- a/crates/it-types/Cargo.toml
+++ b/crates/it-types/Cargo.toml
@@ -13,7 +13,7 @@ path = "src/lib.rs"
 [dependencies]
 it-to-bytes = { path = "../to-bytes/", version = "0.1.0" }
 
-serde = { version = "1.0.147", features = ["derive", "rc"]}
+serde = { version = "1.0.152", features = ["derive", "rc"]}
 
 nom = { version = "7.1", optional = true }
 wast = { version = "8.0", optional = true }
diff --git a/wasmer-it/Cargo.toml b/wasmer-it/Cargo.toml
index 4a278da..496edcd 100644
--- a/wasmer-it/Cargo.toml
+++ b/wasmer-it/Cargo.toml
@@ -25,8 +25,8 @@ safe-transmute = "0.11.2"
 log = "0.4.17"
 itertools = "0.10.5"
 
-thiserror = "1.0.37"
-semver = "1.0.14"
+thiserror = "1.0.38"
+semver = "1.0.16"
 
 [features]
 default = ["serde"]