diff --git a/package-lock.json b/package-lock.json
index 12d73179..b91a5563 100644
--- a/package-lock.json
+++ b/package-lock.json
@@ -27,7 +27,7 @@
         "hash.js": "^1.1.7",
         "js-sha3": "^0.8.0",
         "rlp": "^3.0.0",
-        "secp256k1": "4.0.2",
+        "secp256k1": "5.0.0",
         "uuid": "^9.0.0"
       },
       "devDependencies": {
@@ -3000,6 +3000,21 @@
         }
       }
     },
+    "node_modules/@solana/web3.js/node_modules/secp256k1": {
+      "version": "4.0.3",
+      "resolved": "https://registry.npmjs.org/secp256k1/-/secp256k1-4.0.3.tgz",
+      "integrity": "sha512-NLZVf+ROMxwtEj3Xa562qgv2BK5e2WNmXPiOdVIPLgs6lyTzMvBq0aWTYMI5XCP9jZMVKOcqZLw/Wc4vDkuxhA==",
+      "dev": true,
+      "hasInstallScript": true,
+      "dependencies": {
+        "elliptic": "^6.5.4",
+        "node-addon-api": "^2.0.0",
+        "node-gyp-build": "^4.2.0"
+      },
+      "engines": {
+        "node": ">=10.0.0"
+      }
+    },
     "node_modules/@terra-money/legacy.proto": {
       "name": "@terra-money/terra.proto",
       "version": "0.1.7",
@@ -3061,6 +3076,21 @@
         "node": ">=6.0.0"
       }
     },
+    "node_modules/@terra-money/terra.js/node_modules/secp256k1": {
+      "version": "4.0.3",
+      "resolved": "https://registry.npmjs.org/secp256k1/-/secp256k1-4.0.3.tgz",
+      "integrity": "sha512-NLZVf+ROMxwtEj3Xa562qgv2BK5e2WNmXPiOdVIPLgs6lyTzMvBq0aWTYMI5XCP9jZMVKOcqZLw/Wc4vDkuxhA==",
+      "dev": true,
+      "hasInstallScript": true,
+      "dependencies": {
+        "elliptic": "^6.5.4",
+        "node-addon-api": "^2.0.0",
+        "node-gyp-build": "^4.2.0"
+      },
+      "engines": {
+        "node": ">=10.0.0"
+      }
+    },
     "node_modules/@terra-money/terra.proto": {
       "version": "2.0.0",
       "resolved": "https://registry.npmjs.org/@terra-money/terra.proto/-/terra.proto-2.0.0.tgz",
@@ -5597,6 +5627,21 @@
         "setimmediate": "^1.0.5"
       }
     },
+    "node_modules/ethereum-cryptography/node_modules/secp256k1": {
+      "version": "4.0.3",
+      "resolved": "https://registry.npmjs.org/secp256k1/-/secp256k1-4.0.3.tgz",
+      "integrity": "sha512-NLZVf+ROMxwtEj3Xa562qgv2BK5e2WNmXPiOdVIPLgs6lyTzMvBq0aWTYMI5XCP9jZMVKOcqZLw/Wc4vDkuxhA==",
+      "dev": true,
+      "hasInstallScript": true,
+      "dependencies": {
+        "elliptic": "^6.5.4",
+        "node-addon-api": "^2.0.0",
+        "node-gyp-build": "^4.2.0"
+      },
+      "engines": {
+        "node": ">=10.0.0"
+      }
+    },
     "node_modules/ethereumjs-util": {
       "version": "7.1.5",
       "resolved": "https://registry.npmjs.org/ethereumjs-util/-/ethereumjs-util-7.1.5.tgz",
@@ -7933,7 +7978,8 @@
     "node_modules/node-addon-api": {
       "version": "2.0.2",
       "resolved": "https://registry.npmjs.org/node-addon-api/-/node-addon-api-2.0.2.tgz",
-      "integrity": "sha512-Ntyt4AIXyaLIuMHF6IOoTakB3K+RWxwtsHNRxllEoA6vPwP9o4866g6YWDLUdnucilZhmkxiHwHr11gAENw+QA=="
+      "integrity": "sha512-Ntyt4AIXyaLIuMHF6IOoTakB3K+RWxwtsHNRxllEoA6vPwP9o4866g6YWDLUdnucilZhmkxiHwHr11gAENw+QA==",
+      "dev": true
     },
     "node_modules/node-domexception": {
       "version": "1.0.0",
@@ -9150,19 +9196,24 @@
       "dev": true
     },
     "node_modules/secp256k1": {
-      "version": "4.0.2",
-      "resolved": "https://registry.npmjs.org/secp256k1/-/secp256k1-4.0.2.tgz",
-      "integrity": "sha512-UDar4sKvWAksIlfX3xIaQReADn+WFnHvbVujpcbr+9Sf/69odMwy2MUsz5CKLQgX9nsIyrjuxL2imVyoNHa3fg==",
+      "version": "5.0.0",
+      "resolved": "https://registry.npmjs.org/secp256k1/-/secp256k1-5.0.0.tgz",
+      "integrity": "sha512-TKWX8xvoGHrxVdqbYeZM9w+izTF4b9z3NhSaDkdn81btvuh+ivbIMGT/zQvDtTFWhRlThpoz6LEYTr7n8A5GcA==",
       "hasInstallScript": true,
       "dependencies": {
-        "elliptic": "^6.5.2",
-        "node-addon-api": "^2.0.0",
+        "elliptic": "^6.5.4",
+        "node-addon-api": "^5.0.0",
         "node-gyp-build": "^4.2.0"
       },
       "engines": {
-        "node": ">=10.0.0"
+        "node": ">=14.0.0"
       }
     },
+    "node_modules/secp256k1/node_modules/node-addon-api": {
+      "version": "5.1.0",
+      "resolved": "https://registry.npmjs.org/node-addon-api/-/node-addon-api-5.1.0.tgz",
+      "integrity": "sha512-eh0GgfEkpnoWDq+VY8OyvYhFEzBk6jIYbRKdIlyTiAXIVJ8PyBaKb0rp7oDtoddbdoHWhq8wwr+XZ81F1rpNdA=="
+    },
     "node_modules/seedrandom": {
       "version": "3.0.5",
       "resolved": "https://registry.npmjs.org/seedrandom/-/seedrandom-3.0.5.tgz",
@@ -12542,6 +12593,17 @@
           "requires": {
             "whatwg-url": "^5.0.0"
           }
+        },
+        "secp256k1": {
+          "version": "4.0.3",
+          "resolved": "https://registry.npmjs.org/secp256k1/-/secp256k1-4.0.3.tgz",
+          "integrity": "sha512-NLZVf+ROMxwtEj3Xa562qgv2BK5e2WNmXPiOdVIPLgs6lyTzMvBq0aWTYMI5XCP9jZMVKOcqZLw/Wc4vDkuxhA==",
+          "dev": true,
+          "requires": {
+            "elliptic": "^6.5.4",
+            "node-addon-api": "^2.0.0",
+            "node-gyp-build": "^4.2.0"
+          }
         }
       }
     },
@@ -12598,6 +12660,17 @@
             "typeforce": "^1.11.5",
             "wif": "^2.0.6"
           }
+        },
+        "secp256k1": {
+          "version": "4.0.3",
+          "resolved": "https://registry.npmjs.org/secp256k1/-/secp256k1-4.0.3.tgz",
+          "integrity": "sha512-NLZVf+ROMxwtEj3Xa562qgv2BK5e2WNmXPiOdVIPLgs6lyTzMvBq0aWTYMI5XCP9jZMVKOcqZLw/Wc4vDkuxhA==",
+          "dev": true,
+          "requires": {
+            "elliptic": "^6.5.4",
+            "node-addon-api": "^2.0.0",
+            "node-gyp-build": "^4.2.0"
+          }
         }
       }
     },
@@ -14464,6 +14537,19 @@
         "scrypt-js": "^3.0.0",
         "secp256k1": "^4.0.1",
         "setimmediate": "^1.0.5"
+      },
+      "dependencies": {
+        "secp256k1": {
+          "version": "4.0.3",
+          "resolved": "https://registry.npmjs.org/secp256k1/-/secp256k1-4.0.3.tgz",
+          "integrity": "sha512-NLZVf+ROMxwtEj3Xa562qgv2BK5e2WNmXPiOdVIPLgs6lyTzMvBq0aWTYMI5XCP9jZMVKOcqZLw/Wc4vDkuxhA==",
+          "dev": true,
+          "requires": {
+            "elliptic": "^6.5.4",
+            "node-addon-api": "^2.0.0",
+            "node-gyp-build": "^4.2.0"
+          }
+        }
       }
     },
     "ethereumjs-util": {
@@ -16232,7 +16318,8 @@
     "node-addon-api": {
       "version": "2.0.2",
       "resolved": "https://registry.npmjs.org/node-addon-api/-/node-addon-api-2.0.2.tgz",
-      "integrity": "sha512-Ntyt4AIXyaLIuMHF6IOoTakB3K+RWxwtsHNRxllEoA6vPwP9o4866g6YWDLUdnucilZhmkxiHwHr11gAENw+QA=="
+      "integrity": "sha512-Ntyt4AIXyaLIuMHF6IOoTakB3K+RWxwtsHNRxllEoA6vPwP9o4866g6YWDLUdnucilZhmkxiHwHr11gAENw+QA==",
+      "dev": true
     },
     "node-domexception": {
       "version": "1.0.0",
@@ -17095,13 +17182,20 @@
       "dev": true
     },
     "secp256k1": {
-      "version": "4.0.2",
-      "resolved": "https://registry.npmjs.org/secp256k1/-/secp256k1-4.0.2.tgz",
-      "integrity": "sha512-UDar4sKvWAksIlfX3xIaQReADn+WFnHvbVujpcbr+9Sf/69odMwy2MUsz5CKLQgX9nsIyrjuxL2imVyoNHa3fg==",
+      "version": "5.0.0",
+      "resolved": "https://registry.npmjs.org/secp256k1/-/secp256k1-5.0.0.tgz",
+      "integrity": "sha512-TKWX8xvoGHrxVdqbYeZM9w+izTF4b9z3NhSaDkdn81btvuh+ivbIMGT/zQvDtTFWhRlThpoz6LEYTr7n8A5GcA==",
       "requires": {
-        "elliptic": "^6.5.2",
-        "node-addon-api": "^2.0.0",
+        "elliptic": "^6.5.4",
+        "node-addon-api": "^5.0.0",
         "node-gyp-build": "^4.2.0"
+      },
+      "dependencies": {
+        "node-addon-api": {
+          "version": "5.1.0",
+          "resolved": "https://registry.npmjs.org/node-addon-api/-/node-addon-api-5.1.0.tgz",
+          "integrity": "sha512-eh0GgfEkpnoWDq+VY8OyvYhFEzBk6jIYbRKdIlyTiAXIVJ8PyBaKb0rp7oDtoddbdoHWhq8wwr+XZ81F1rpNdA=="
+        }
       }
     },
     "seedrandom": {
diff --git a/package.json b/package.json
index a5fc4c05..06eccba2 100644
--- a/package.json
+++ b/package.json
@@ -60,7 +60,7 @@
     "hash.js": "^1.1.7",
     "js-sha3": "^0.8.0",
     "rlp": "^3.0.0",
-    "secp256k1": "4.0.2",
+    "secp256k1": "5.0.0",
     "uuid": "^9.0.0"
   },
   "devDependencies": {