diff --git a/go.mod b/go.mod
index 841174a251..296920eba4 100644
--- a/go.mod
+++ b/go.mod
@@ -4,7 +4,7 @@ go 1.17
 
 require (
 	github.com/CosmWasm/wasmvm v1.0.0-beta10
-	github.com/cosmos/cosmos-sdk v0.45.3
+	github.com/cosmos/cosmos-sdk v0.45.4
 	github.com/cosmos/iavl v0.17.3
 	github.com/cosmos/ibc-go/v2 v2.2.0
 	github.com/dvsekhvalnov/jose2go v0.0.0-20200901110807-248326c1351b
diff --git a/go.sum b/go.sum
index 5e9221ca0e..2d47702284 100644
--- a/go.sum
+++ b/go.sum
@@ -224,8 +224,8 @@ github.com/coreos/pkg v0.0.0-20180928190104-399ea9e2e55f/go.mod h1:E3G3o1h8I7cfc
 github.com/cosmos/btcutil v1.0.4 h1:n7C2ngKXo7UC9gNyMNLbzqz7Asuf+7Qv4gnX/rOdQ44=
 github.com/cosmos/btcutil v1.0.4/go.mod h1:Ffqc8Hn6TJUdDgHBwIZLtrLQC1KdJ9jGJl/TvgUaxbU=
 github.com/cosmos/cosmos-sdk v0.45.1/go.mod h1:XXS/asyCqWNWkx2rW6pSuen+EVcpAFxq6khrhnZgHaQ=
-github.com/cosmos/cosmos-sdk v0.45.3 h1:PiVSU3IkNEDPhoxOZHk2lPnhwBBJgEYAtAR0jGXRN4g=
-github.com/cosmos/cosmos-sdk v0.45.3/go.mod h1:qYm5JEr0ZlbnmoP/Q3b+dYMOliHf4ddHirpILiwZzqg=
+github.com/cosmos/cosmos-sdk v0.45.4 h1:eStDAhJdMY8n5arbBRe+OwpNeBSunxSBHp1g55ulfdA=
+github.com/cosmos/cosmos-sdk v0.45.4/go.mod h1:WOqtDxN3eCCmnYLVla10xG7lEXkFjpTaqm2a2WasgCc=
 github.com/cosmos/go-bip39 v0.0.0-20180819234021-555e2067c45d/go.mod h1:tSxLoYXyBmiFeKpvmq4dzayMdCjCnu8uqmCysIGBT2Y=
 github.com/cosmos/go-bip39 v1.0.0 h1:pcomnQdrdH22njcAatO0yWojsUnCO3y2tNoV1cb6hHY=
 github.com/cosmos/go-bip39 v1.0.0/go.mod h1:RNJv0H/pOIVgxw6KS7QeX2a0Uo0aKUlfhZ4xuwvCdJw=