diff --git a/libwasmvm/Cargo.lock b/libwasmvm/Cargo.lock
index e022d43c..4d846b49 100644
--- a/libwasmvm/Cargo.lock
+++ b/libwasmvm/Cargo.lock
@@ -566,9 +566,12 @@ dependencies = [
 
 [[package]]
 name = "deranged"
-version = "0.3.8"
+version = "0.3.11"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "f2696e8a945f658fd14dc3b87242e6b80cd0f36ff04ea560fa39082368847946"
+checksum = "b42b6fa04a440b495c8b04d0e71b707c585f83cb9cb28cf8cd0d976c315e31b4"
+dependencies = [
+ "powerfmt",
+]
 
 [[package]]
 name = "derivative"
@@ -1113,6 +1116,12 @@ version = "0.2.2"
 source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "7843ec2de400bcbc6a6328c958dc38e5359da6e93e72e37bc5246bf1ae776389"
 
+[[package]]
+name = "num-conv"
+version = "0.1.0"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "51d515d32fb182ee37cda2ccdcb92950d6a3c2893aa280e540671c2cd0f3b1d9"
+
 [[package]]
 name = "num_cpus"
 version = "1.15.0"
@@ -1185,6 +1194,12 @@ dependencies = [
  "spki",
 ]
 
+[[package]]
+name = "powerfmt"
+version = "0.2.0"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "439ee305def115ba05938db6eb1644ff94165c5ab5e9420d1c1bcedbba909391"
+
 [[package]]
 name = "proc-macro-error"
 version = "1.0.4"
@@ -1696,12 +1711,14 @@ dependencies = [
 
 [[package]]
 name = "time"
-version = "0.3.28"
+version = "0.3.36"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "17f6bb557fd245c28e6411aa56b6403c689ad95061f50e4be16c274e70a17e48"
+checksum = "5dfd88e563464686c916c7e46e623e520ddc6d79fa6641390f2e3fa86e83e885"
 dependencies = [
  "deranged",
  "itoa",
+ "num-conv",
+ "powerfmt",
  "serde",
  "time-core",
  "time-macros",
@@ -1709,16 +1726,17 @@ dependencies = [
 
 [[package]]
 name = "time-core"
-version = "0.1.1"
+version = "0.1.2"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "7300fbefb4dadc1af235a9cef3737cea692a9d97e1b9cbcd4ebdae6f8868e6fb"
+checksum = "ef927ca75afb808a4d64dd374f00a2adf8d0fcff8e7b184af886c3c87ec4a3f3"
 
 [[package]]
 name = "time-macros"
-version = "0.2.14"
+version = "0.2.18"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "1a942f44339478ef67935ab2bbaec2fb0322496cf3cbe84b261e06ac3814c572"
+checksum = "3f252a68540fde3a3877aeea552b832b40ab9a69e318efd078774a01ddee1ccf"
 dependencies = [
+ "num-conv",
  "time-core",
 ]
 
diff --git a/libwasmvm/Cargo.toml b/libwasmvm/Cargo.toml
index ad9b5e3d..84b84a3e 100644
--- a/libwasmvm/Cargo.toml
+++ b/libwasmvm/Cargo.toml
@@ -26,13 +26,21 @@ default = []
 backtraces = []
 
 [dependencies]
-cosmwasm-std = { git = "https://github.com/CosmWasm/cosmwasm.git", rev = "v1.5.2", features = ["staking", "stargate", "iterator"] }
-cosmwasm-vm = { git = "https://github.com/CosmWasm/cosmwasm.git", rev = "v1.5.2", features = ["staking", "stargate", "iterator"] }
+cosmwasm-std = { git = "https://github.com/CosmWasm/cosmwasm.git", rev = "v1.5.2", features = [
+  "staking",
+  "stargate",
+  "iterator",
+] }
+cosmwasm-vm = { git = "https://github.com/CosmWasm/cosmwasm.git", rev = "v1.5.2", features = [
+  "staking",
+  "stargate",
+  "iterator",
+] }
 errno = "0.2"
 serde_json = "1.0.91"
 thiserror = "1.0.38"
 hex = "0.4.3"
-time = { version = "0.3.28", features = ["formatting"] }
+time = { version = "0.3.36", features = ["formatting"] }
 
 [dev-dependencies]
 serde = { version = "1.0.103", default-features = false, features = ["derive"] }