diff --git a/Cargo.lock b/Cargo.lock
index 8979b73b7..cf04b4e8e 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -178,9 +178,9 @@ dependencies = [
 
 [[package]]
 name = "anyhow"
-version = "1.0.73"
+version = "1.0.74"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "f768393e7fabd388fe8409b13faa4d93ab0fef35db1508438dfdb066918bcf38"
+checksum = "8c6f84b74db2535ebae81eede2f39b947dcbf01d093ae5f791e5dd414a1bf289"
 
 [[package]]
 name = "array-bytes"
diff --git a/crates/build/Cargo.toml b/crates/build/Cargo.toml
index 6aa9d28cd..5d539772e 100644
--- a/crates/build/Cargo.toml
+++ b/crates/build/Cargo.toml
@@ -15,7 +15,7 @@ include = ["Cargo.toml", "src/**/*.rs", "README.md", "LICENSE", "build.rs", "tem
 
 [dependencies]
 regex = "1"
-anyhow = "1.0.73"
+anyhow = "1.0.74"
 blake2 = "0.10.6"
 cargo_metadata = "0.17.0"
 colored = "2.0.4"
@@ -50,7 +50,7 @@ contract-metadata = { version = "4.0.0-alpha", path = "../metadata" }
 users = "0.11"
 
 [build-dependencies]
-anyhow = "1.0.73"
+anyhow = "1.0.74"
 walkdir = "2.3.3"
 zip = { version = "0.6.6", default-features = false }
 
diff --git a/crates/cargo-contract/Cargo.toml b/crates/cargo-contract/Cargo.toml
index f341b2f6e..939fd66fd 100644
--- a/crates/cargo-contract/Cargo.toml
+++ b/crates/cargo-contract/Cargo.toml
@@ -22,7 +22,7 @@ contract-build = { version = "4.0.0-alpha", path = "../build" }
 contract-extrinsics = { version = "4.0.0-alpha", path = "../extrinsics" }
 contract-transcode = { version = "4.0.0-alpha", path = "../transcode" }
 
-anyhow = "1.0.73"
+anyhow = "1.0.74"
 clap = { version = "4.3.21", features = ["derive", "env"] }
 tracing = "0.1.37"
 tracing-subscriber = { version = "0.3.17", features = ["env-filter"] }
@@ -38,7 +38,7 @@ subxt = "0.30.1"
 hex = "0.4.3"
 
 [build-dependencies]
-anyhow = "1.0.73"
+anyhow = "1.0.74"
 substrate-build-script-utils = "6.0.0"
 current_platform = "0.2.0"
 which = "4.4.0"
diff --git a/crates/extrinsics/Cargo.toml b/crates/extrinsics/Cargo.toml
index c978e47c7..8d2f30557 100644
--- a/crates/extrinsics/Cargo.toml
+++ b/crates/extrinsics/Cargo.toml
@@ -19,7 +19,7 @@ contract-build = { version = "4.0.0-alpha", path = "../build" }
 contract-metadata = { version = "4.0.0-alpha", path = "../metadata" }
 contract-transcode = { version = "4.0.0-alpha", path = "../transcode" }
 
-anyhow = "1.0.73"
+anyhow = "1.0.74"
 clap = { version = "4.3.21", features = ["derive", "env"] }
 tracing = "0.1.37"
 scale = { package = "parity-scale-codec", version = "3.0.0", features = ["derive"] }
diff --git a/crates/metadata/Cargo.toml b/crates/metadata/Cargo.toml
index 88ce4980b..5aea96d09 100644
--- a/crates/metadata/Cargo.toml
+++ b/crates/metadata/Cargo.toml
@@ -19,7 +19,7 @@ semver = { version = "1.0.18", features = ["serde"] }
 serde = { version = "1", default-features = false, features = ["derive"] }
 serde_json = "1.0.105"
 url = { version = "2.4.0", features = ["serde"] }
-anyhow = "1.0.73"
+anyhow = "1.0.74"
 
 [dev-dependencies]
 pretty_assertions = "1.4.0"
diff --git a/crates/transcode/Cargo.toml b/crates/transcode/Cargo.toml
index 5a2d29610..9c6f7a971 100644
--- a/crates/transcode/Cargo.toml
+++ b/crates/transcode/Cargo.toml
@@ -17,7 +17,7 @@ include = ["Cargo.toml", "*.rs", "LICENSE"]
 path = "src/lib.rs"
 
 [dependencies]
-anyhow = "1.0.73"
+anyhow = "1.0.74"
 base58 = { version = "0.2.0" }
 blake2 = { version = "0.10.4", default-features = false }
 contract-metadata = { version = "4.0.0-alpha", path = "../metadata" }