diff --git a/Cargo.lock b/Cargo.lock
index 63b81b7bc..5c3ce7139 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -215,9 +215,9 @@ dependencies = [
 
 [[package]]
 name = "anyhow"
-version = "1.0.83"
+version = "1.0.86"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "25bdb32cbbdce2b519a9cd7df3a678443100e265d5e25ca763b7572a5104f5f3"
+checksum = "b3d1d046238990b9cf5bcde22a3fb3584ee5cf65fb2765f454ed428c7a0063da"
 
 [[package]]
 name = "approx"
@@ -8229,7 +8229,7 @@ source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "19de2de2a00075bf566bee3bd4db014b11587e84184d3f7a791bc17f1a8e9e48"
 dependencies = [
  "anyhow",
- "itertools 0.10.5",
+ "itertools 0.12.1",
  "proc-macro2",
  "quote",
  "syn 2.0.58",
@@ -11132,9 +11132,9 @@ dependencies = [
 
 [[package]]
 name = "schemars"
-version = "0.8.19"
+version = "0.8.20"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "fc6e7ed6919cb46507fb01ff1654309219f62b4d603822501b0b80d42f6f21ef"
+checksum = "b0218ceea14babe24a4a5836f86ade86c1effbc198164e619194cb5069187e29"
 dependencies = [
  "dyn-clone",
  "schemars_derive",
@@ -11144,9 +11144,9 @@ dependencies = [
 
 [[package]]
 name = "schemars_derive"
-version = "0.8.19"
+version = "0.8.20"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "185f2b7aa7e02d418e453790dde16890256bbd2bcd04b7dc5348811052b53f49"
+checksum = "3ed5a1ccce8ff962e31a165d41f6e2a2dd1245099dc4d594f5574a86cd90f4d3"
 dependencies = [
  "proc-macro2",
  "quote",
@@ -13972,18 +13972,18 @@ checksum = "3369f5ac52d5eb6ab48c6b4ffdc8efbcad6b89c765749064ba298f2c68a16a76"
 
 [[package]]
 name = "thiserror"
-version = "1.0.60"
+version = "1.0.61"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "579e9083ca58dd9dcf91a9923bb9054071b9ebbd800b342194c9feb0ee89fc18"
+checksum = "c546c80d6be4bc6a00c0f01730c08df82eaa7a7a61f11d656526506112cc1709"
 dependencies = [
  "thiserror-impl",
 ]
 
 [[package]]
 name = "thiserror-impl"
-version = "1.0.60"
+version = "1.0.61"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "e2470041c06ec3ac1ab38d0356a6119054dedaea53e12fbefc0de730a1c08524"
+checksum = "46c3384250002a6d5af4d114f2845d37b57521033f30d5c3f46c4d70e1197533"
 dependencies = [
  "proc-macro2",
  "quote",
diff --git a/crates/client/Cargo.toml b/crates/client/Cargo.toml
index 7372793d1..a730ca267 100644
--- a/crates/client/Cargo.toml
+++ b/crates/client/Cargo.toml
@@ -14,7 +14,7 @@ serde         ={ version="1.0", default-features=false, features=["derive"] }
 entropy-shared={ version="0.1.0-rc.1", path="../shared", default-features=false }
 subxt         ={ version="0.35.3", default-features=false, features=["jsonrpsee"] }
 num           ="0.4.3"
-thiserror     ="1.0.60"
+thiserror     ="1.0.61"
 futures       ="0.3"
 sp-core       ={ version="31.0.0", default-features=false, features=["full_crypto", "serde"] }
 tracing       ="0.1.37"
diff --git a/crates/kvdb/Cargo.toml b/crates/kvdb/Cargo.toml
index 775aa7e0b..7e2603143 100644
--- a/crates/kvdb/Cargo.toml
+++ b/crates/kvdb/Cargo.toml
@@ -12,7 +12,7 @@ edition    ='2021'
 # Common
 rand     ={ version="0.8", default-features=false }
 serde    ={ version="1.0", features=["derive"] }
-thiserror="1.0.60"
+thiserror="1.0.61"
 hex      ="0.4.3"
 
 # Substrate
diff --git a/crates/protocol/Cargo.toml b/crates/protocol/Cargo.toml
index 877bd1b44..85b2ef206 100644
--- a/crates/protocol/Cargo.toml
+++ b/crates/protocol/Cargo.toml
@@ -20,7 +20,7 @@ x25519-dalek       ={ version="2.0.1", features=["static_secrets"] }
 futures            ="0.3"
 hex                ="0.4.3"
 blake2             ="0.10.4"
-thiserror          ="1.0.60"
+thiserror          ="1.0.61"
 snow               ="0.9.6"
 getrandom          ={ version="0.2", features=["js"] }
 rand_core          ={ version="0.6.4", features=["getrandom"] }
@@ -47,7 +47,7 @@ schnorrkel          ={ version="0.11.4", default-features=false, features=["std"
 
 [dev-dependencies]
 sp-keyring="34.0.0"
-anyhow    ="1.0.83"
+anyhow    ="1.0.86"
 num_cpus  ="1.16.0"
 
 [features]
diff --git a/crates/test-cli/Cargo.toml b/crates/test-cli/Cargo.toml
index 175b7ca89..c4070f614 100644
--- a/crates/test-cli/Cargo.toml
+++ b/crates/test-cli/Cargo.toml
@@ -15,7 +15,7 @@ clap                 ={ version="4.4.6", features=["derive"] }
 colored              ="2.0.4"
 subxt                ="0.35.3"
 sp-core              ="31.0.0"
-anyhow               ="1.0.83"
+anyhow               ="1.0.86"
 tokio                ={ version="1.16", features=["macros", "rt-multi-thread", "io-util", "process"] }
 hex                  ="0.4.3"
 bincode              ="1.3.3"
diff --git a/crates/threshold-signature-server/Cargo.toml b/crates/threshold-signature-server/Cargo.toml
index ad35518ea..1bab8ed91 100644
--- a/crates/threshold-signature-server/Cargo.toml
+++ b/crates/threshold-signature-server/Cargo.toml
@@ -12,8 +12,8 @@ edition    ='2021'
 # Common
 serde              ={ version="1.0", default-features=false, features=["derive"] }
 serde_json         ="1.0"
-anyhow             ="1.0.83"
-thiserror          ="1.0.60"
+anyhow             ="1.0.86"
+thiserror          ="1.0.61"
 blake2             ="0.10.4"
 x25519-dalek       ={ version="2.0.1", features=["static_secrets"] }
 rand_core          ="0.6.4"
@@ -81,7 +81,7 @@ lazy_static ="1.4.0"
 blake3      ="1.5.1"
 ethers-core ="2.0.14"
 schnorrkel  ={ version="0.11.4", default-features=false, features=["std"] }
-schemars    ={ version="0.8.19" }
+schemars    ={ version="0.8.20" }
 
 # Note: We don't specify versions here because otherwise we run into a cyclical dependency between
 # `entropy-tss` and `entropy-testing-utils` when we try and publish the `entropy-tss` crate.