diff --git a/Cargo.lock b/Cargo.lock
index 85ba61c6..5f092b91 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -557,9 +557,9 @@ dependencies = [
 
 [[package]]
 name = "cid"
-version = "0.9.0"
+version = "0.10.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "b9b68e3193982cd54187d71afdb2a271ad4cf8af157858e9cb911b91321de143"
+checksum = "751fbf5712cada59d2be51b7df333c7b57fabcaca0f3b7cc5d7e1e57e44dcc44"
 dependencies = [
  "core2",
  "multibase",
@@ -1971,9 +1971,9 @@ dependencies = [
 
 [[package]]
 name = "multihash"
-version = "0.17.0"
+version = "0.18.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "835d6ff01d610179fbce3de1694d007e500bf33a7f29689838941d6bf783ae40"
+checksum = "15e5d911412e631e1de11eb313e4dd71f73fd964401102aab23d6c8327c431ba"
 dependencies = [
  "core2",
  "digest 0.10.6",
diff --git a/crates/air-lib/interpreter-cid/Cargo.toml b/crates/air-lib/interpreter-cid/Cargo.toml
index 3b9f2186..7b45c521 100644
--- a/crates/air-lib/interpreter-cid/Cargo.toml
+++ b/crates/air-lib/interpreter-cid/Cargo.toml
@@ -11,7 +11,7 @@ keywords = ["fluence", "air", "programming-language", "cid", "ipld"]
 categories = ["wasm"]
 
 [dependencies]
-cid = { version = "0.9.0", default-features = false, features = ["std"] }
-multihash = { version = "0.17.0", default-features = false, features = ["multihash-impl", "std", "sha2"] }
+cid = { version = "0.10.0", default-features = false, features = ["std"] }
+multihash = { version = "0.18.0", default-features = false, features = ["multihash-impl", "std", "sha2"] }
 serde = { version = "1.0.152", features = ["derive"] }
 serde_json = "1.0.91"