diff --git a/package.json b/package.json
index 0ea26e5..a6ebb49 100644
--- a/package.json
+++ b/package.json
@@ -25,7 +25,7 @@
     "eth-lib": "^0.1.29",
     "ethers": "^6.9.0",
     "web3-eth-accounts": "^4.1.0",
-    "web3-utils": "^4.1.0"
+    "web3-utils": "^4.2.1"
   },
   "devDependencies": {
     "@types/chai": "^4.3.11",
diff --git a/pnpm-lock.yaml b/pnpm-lock.yaml
index 8daf884..f22ac3d 100644
--- a/pnpm-lock.yaml
+++ b/pnpm-lock.yaml
@@ -36,8 +36,8 @@ dependencies:
     specifier: ^4.1.0
     version: 4.1.0
   web3-utils:
-    specifier: ^4.1.0
-    version: 4.1.0
+    specifier: ^4.2.1
+    version: 4.2.1
 
 devDependencies:
   '@types/chai':
@@ -423,14 +423,14 @@ packages:
     resolution: {integrity: sha512-osvveYtyzdEVbt3OfwwXFr4P2iVBL5u1Q3q4ONBfDY/UpOuXmOlbgwc1xECEboY8wIays8Yt6onaWMUdUbfl0A==}
     dependencies:
       '@noble/curves': 1.1.0
-      '@noble/hashes': 1.3.1
+      '@noble/hashes': 1.3.2
       '@scure/base': 1.1.3
     dev: false
 
   /@scure/bip39@1.2.1:
     resolution: {integrity: sha512-Z3/Fsz1yr904dduJD0NpiyRHhRYHdcnyh73FZWiV+/qhWi83wNJ3NWolYqCEN+ZWsUz2TWwajJggcRE9r1zUYg==}
     dependencies:
-      '@noble/hashes': 1.3.1
+      '@noble/hashes': 1.3.2
       '@scure/base': 1.1.3
     dev: false
 
@@ -1334,6 +1334,10 @@ packages:
     engines: {node: '>=6'}
     dev: false
 
+  /eventemitter3@5.0.1:
+    resolution: {integrity: sha512-GWkBvjiSZK87ELrYOSESUYeVIc9mvLLf/nXalMOS5dYrgZq9o5OVkbZAVM06CVxYsCwH9BDZFPlQTlPA1j4ahA==}
+    dev: false
+
   /execa@5.1.1:
     resolution: {integrity: sha512-8uSpZZocAZRBAPIEINJj3Lo9HyGitllczc27Eh5YYojjMFMn8yHMDMaUHE2Jqfq05D/wucwI4JGURyXt1vchyg==}
     engines: {node: '>=10'}
@@ -3147,7 +3151,7 @@ packages:
     resolution: {integrity: sha512-WahtszSqILez+83AxGecVroyZsMuuRT+KmQp4Si5P4Rnqbczno1k748PCrZTS1J4UCPmXMG2/Vt+0Bz2zwXkwQ==}
     engines: {node: '>=14', npm: '>=6.12.0'}
     dependencies:
-      web3-types: 1.3.1
+      web3-types: 1.5.0
     dev: false
 
   /web3-eth-accounts@4.1.0:
@@ -3159,7 +3163,7 @@ packages:
       ethereum-cryptography: 2.1.2
       web3-errors: 1.1.4
       web3-types: 1.3.1
-      web3-utils: 4.1.0
+      web3-utils: 4.2.1
       web3-validator: 2.0.3
     dev: false
 
@@ -3168,14 +3172,20 @@ packages:
     engines: {node: '>=14', npm: '>=6.12.0'}
     dev: false
 
-  /web3-utils@4.1.0:
-    resolution: {integrity: sha512-+VJWR6FtCsgwuJr5tvSvQlSEG06586df8h2CxGc9tcNtIDyJKNkSDDWJkdNPvyDhhXFzQYFh8QOGymD1CIP6fw==}
+  /web3-types@1.5.0:
+    resolution: {integrity: sha512-geWuMIeegQ8AedKAO6wO4G4j1gyQ1F/AyKLMw2vud4bsfZayyzWJgCMDZtjYMm5uo2a7i8j1W3/4QFmzlSy5cw==}
+    engines: {node: '>=14', npm: '>=6.12.0'}
+    dev: false
+
+  /web3-utils@4.2.1:
+    resolution: {integrity: sha512-Fk29BlEqD9Q9Cnw4pBkKw7czcXiRpsSco/BzEUl4ye0ZTSHANQFfjsfQmNm4t7uY11u6Ah+8F3tNjBeU4CA80A==}
     engines: {node: '>=14', npm: '>=6.12.0'}
     dependencies:
       ethereum-cryptography: 2.1.2
+      eventemitter3: 5.0.1
       web3-errors: 1.1.4
-      web3-types: 1.3.1
-      web3-validator: 2.0.3
+      web3-types: 1.5.0
+      web3-validator: 2.0.4
     dev: false
 
   /web3-validator@2.0.3:
@@ -3189,6 +3199,17 @@ packages:
       zod: 3.22.4
     dev: false
 
+  /web3-validator@2.0.4:
+    resolution: {integrity: sha512-qRxVePwdW+SByOmTpDZFWHIUAa7PswvxNszrOua6BoGqAhERo5oJZBN+EbWtK/+O+ApNxt5FR3nCPmiZldiOQA==}
+    engines: {node: '>=14', npm: '>=6.12.0'}
+    dependencies:
+      ethereum-cryptography: 2.1.2
+      util: 0.12.5
+      web3-errors: 1.1.4
+      web3-types: 1.5.0
+      zod: 3.22.4
+    dev: false
+
   /webidl-conversions@3.0.1:
     resolution: {integrity: sha512-2JAn3z8AR6rjK8Sm8orRC0h/bcl/DqL7tRPdGZ4I1CjdF+EaMLmYxBHyXuKL849eucPFhvBoxMsflfOb8kxaeQ==}
     dev: false