diff --git a/Cargo.toml b/Cargo.toml
index cb802dbf5..7a552bbd7 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -57,7 +57,7 @@ authors      = [ "Informal Systems <hello@informal.systems>" ]
 base64          = { version = "0.22", default-features = false }
 borsh           = { version = "1", default-features = false, features = [ "derive" ] }
 displaydoc      = { version = "0.2.5", default-features = false }
-prost           = { version = "0.12", default-features = false }
+prost           = { version = "0.13.1", default-features = false }
 derive_more     = { version = "0.99.18", default-features = false, features = [ "from", "into", "display", "try_into" ] }
 rstest          = { version = "0.22" }
 schemars        = { version = "0.8.21" }
@@ -105,15 +105,15 @@ ibc-client-wasm-types       = { version = "0.53.0", path = "./ibc-clients/ics08-
 ibc-app-transfer-types      = { version = "0.53.0", path = "./ibc-apps/ics20-transfer/types", default-features = false }
 ibc-app-nft-transfer-types  = { version = "0.53.0", path = "./ibc-apps/ics721-nft-transfer/types", default-features = false }
 
-ibc-proto = { version = "0.46.0", default-features = false }
+ibc-proto = { version = "0.47.0", default-features = false }
 
 # cosmos dependencies
-tendermint                       = { version = "0.37.0", default-features = false }
-tendermint-light-client          = { version = "0.37.0", default-features = false }
-tendermint-light-client-verifier = { version = "0.37.0", default-features = false }
-tendermint-proto                 = { version = "0.37.0", default-features = false }
-tendermint-rpc                   = { version = "0.37.0", default-features = false }
-tendermint-testgen               = { version = "0.37.0", default-features = false }
+tendermint                       = { version = "0.38.0", default-features = false }
+tendermint-light-client          = { version = "0.38.0", default-features = false }
+tendermint-light-client-verifier = { version = "0.38.0", default-features = false }
+tendermint-proto                 = { version = "0.38.0", default-features = false }
+tendermint-rpc                   = { version = "0.38.0", default-features = false }
+tendermint-testgen               = { version = "0.38.0", default-features = false }
 
 # parity dependencies
 parity-scale-codec = { version = "3.6.12", default-features = false, features = [ "derive" ] }
diff --git a/ci/no-std-check/Cargo.toml b/ci/no-std-check/Cargo.toml
index 82b0f015a..01318c4ea 100644
--- a/ci/no-std-check/Cargo.toml
+++ b/ci/no-std-check/Cargo.toml
@@ -6,14 +6,14 @@ resolver = "2"
 
 [dependencies]
 ibc = { path = "../../ibc", default-features = false, features = [ "serde" ] }
-ibc-proto = { version = "0.46", default-features = false, features = [
+ibc-proto = { version = "0.47", default-features = false, features = [
     "parity-scale-codec",
     "borsh",
     "serde",
 ] }
-tendermint = { version = "0.37", default-features = false }
-tendermint-proto = { version = "0.37", default-features = false }
-tendermint-light-client-verifier = { version = "0.37", default-features = false, features = [ "rust-crypto" ] }
+tendermint = { version = "0.38", default-features = false }
+tendermint-proto = { version = "0.38", default-features = false }
+tendermint-light-client-verifier = { version = "0.38", default-features = false, features = [ "rust-crypto" ] }
 
 sp-core    = { version = "34.0", default-features = false, optional = true }
 sp-io      = { version = "37.0", default-features = false, optional = true }
diff --git a/cosmwasm/Cargo.toml b/cosmwasm/Cargo.toml
index 31416d983..e0de94e10 100644
--- a/cosmwasm/Cargo.toml
+++ b/cosmwasm/Cargo.toml
@@ -2,8 +2,8 @@
 resolver = "2"
 
 members = [
-  "ibc-clients/cw-context",
-  "ibc-clients/ics07-tendermint",
+    "ibc-clients/cw-context",
+    "ibc-clients/ics07-tendermint",
 ]
 
 [workspace.package]
@@ -18,7 +18,7 @@ authors      = [ "Informal Systems <hello@informal.systems>" ]
 [workspace.dependencies]
 # external dependencies
 derive_more = { version = "0.99.18", default-features = false }
-prost       = { version = "0.12", default-features = false }
+prost       = { version = "0.13.1", default-features = false }
 serde-json  = { package = "serde-json-wasm", version = "1.0.1", default-features = false }
 
 # cosmwasm dependencies
@@ -34,5 +34,5 @@ ibc-client-wasm-types = { version = "0.53.0", path = "./../ibc-clients/ics08-was
 ibc-testkit           = { version = "0.53.0", path = "./../ibc-testkit", default-features = false }
 
 # cosmos dependencies
-tendermint         = { version = "0.37.0", default-features = false }
-tendermint-testgen = { version = "0.37.0", default-features = false }
+tendermint         = { version = "0.38.0", default-features = false }
+tendermint-testgen = { version = "0.38.0", default-features = false }