diff --git a/Cargo.lock b/Cargo.lock
index 6c3c157f2..ca1227044 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -1649,6 +1649,15 @@ dependencies = [
  "serde",
 ]
 
+[[package]]
+name = "cbor4ii"
+version = "1.0.0"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "189a2a2e5eec2f203b2bb8bc4c2db55c7253770d2c6bf3ae5f79ace5a15c305f"
+dependencies = [
+ "serde",
+]
+
 [[package]]
 name = "cc"
 version = "1.2.9"
@@ -5313,7 +5322,7 @@ version = "0.27.1"
 source = "git+https://github.com/libp2p/rust-libp2p.git?rev=930118ef5a6566f058d22e1614a8e96b4c287262#930118ef5a6566f058d22e1614a8e96b4c287262"
 dependencies = [
  "async-trait",
- "cbor4ii",
+ "cbor4ii 0.3.3",
  "futures",
  "futures-bounded",
  "futures-timer",
@@ -10530,7 +10539,7 @@ dependencies = [
  "blsful",
  "bs58",
  "bytes",
- "cbor4ii",
+ "cbor4ii 1.0.0",
  "cfg-if",
  "clap",
  "criterion",
diff --git a/zilliqa/Cargo.toml b/zilliqa/Cargo.toml
index 807424d51..ef52233d5 100644
--- a/zilliqa/Cargo.toml
+++ b/zilliqa/Cargo.toml
@@ -75,7 +75,7 @@ tower = "0.4.13"
 tower-http = { version = "0.6.1", features = ["cors"] }
 tracing = "0.1.41"
 tracing-subscriber = { version = "0.3.18", features = ["env-filter", "json"] }
-cbor4ii = "0.3.2"
+cbor4ii = { version = "1.0.0", features = ["serde1"] }
 scilla-parser = "2.0.0"
 scopeguard = "1.2.0"
 blsful = { git = "https://github.com/JamesHinshelwood/agora-blsful", branch = "update-blstrs"}