diff --git a/gateway/package-lock.json b/gateway/package-lock.json
index 3260a75..2332da2 100644
--- a/gateway/package-lock.json
+++ b/gateway/package-lock.json
@@ -14,7 +14,7 @@
         "body-parser": "1.20.2",
         "express": "4.18.2",
         "json-rpc-2.0": "1.7.0",
-        "web3": "4.2.2"
+        "web3": "4.3.0"
       },
       "bin": {
         "aqua-eth-gateway": "src/index.js"
@@ -3829,25 +3829,25 @@
       }
     },
     "node_modules/web3": {
-      "version": "4.2.2",
-      "resolved": "https://registry.npmjs.org/web3/-/web3-4.2.2.tgz",
-      "integrity": "sha512-im7weoHY7TW87nhFk10ysupZnsDJEO/xDpz985AgrTd/7KxExlzjjKd+4nue0WskUF0th0mgoMs1YaA8xUjCjw==",
+      "version": "4.3.0",
+      "resolved": "https://registry.npmjs.org/web3/-/web3-4.3.0.tgz",
+      "integrity": "sha512-YiLCsb5wmgJlSxRLzt7Z7H+CmlVVIKD8VaUQaZ+xKVG3Q7CpsO5Z6jmeKnlr6M9c6fDDsDnRM6G8g+nchZehbA==",
       "dependencies": {
-        "web3-core": "^4.3.1",
+        "web3-core": "^4.3.2",
         "web3-errors": "^1.1.4",
         "web3-eth": "^4.3.1",
         "web3-eth-abi": "^4.1.4",
         "web3-eth-accounts": "^4.1.0",
-        "web3-eth-contract": "^4.1.3",
+        "web3-eth-contract": "^4.1.4",
         "web3-eth-ens": "^4.0.8",
         "web3-eth-iban": "^4.0.7",
         "web3-eth-personal": "^4.0.8",
         "web3-net": "^4.0.7",
         "web3-providers-http": "^4.1.0",
         "web3-providers-ws": "^4.0.7",
-        "web3-rpc-methods": "^1.1.3",
+        "web3-rpc-methods": "^1.1.4",
         "web3-types": "^1.3.1",
-        "web3-utils": "^4.0.7",
+        "web3-utils": "^4.1.0",
         "web3-validator": "^2.0.3"
       },
       "engines": {
@@ -3856,16 +3856,17 @@
       }
     },
     "node_modules/web3-core": {
-      "version": "4.3.1",
-      "resolved": "https://registry.npmjs.org/web3-core/-/web3-core-4.3.1.tgz",
-      "integrity": "sha512-xa3w5n/ESxp5HIbrwsYBhpAPx2KI5LprjRFEtRwP0GpqqhTcCSMMYoyItRqQQ+k9YnB0PoFpWJfJI6Qn5x8YUQ==",
+      "version": "4.3.2",
+      "resolved": "https://registry.npmjs.org/web3-core/-/web3-core-4.3.2.tgz",
+      "integrity": "sha512-uIMVd/j4BgOnwfpY8ZT+QKubOyM4xohEhFZXz9xB8wimXWMMlYVlIK/TbfHqFolS9uOerdSGhsMbcK9lETae8g==",
       "dependencies": {
         "web3-errors": "^1.1.4",
+        "web3-eth-accounts": "^4.1.0",
         "web3-eth-iban": "^4.0.7",
         "web3-providers-http": "^4.1.0",
         "web3-providers-ws": "^4.0.7",
         "web3-types": "^1.3.1",
-        "web3-utils": "^4.0.7",
+        "web3-utils": "^4.1.0",
         "web3-validator": "^2.0.3"
       },
       "engines": {
@@ -3945,16 +3946,16 @@
       }
     },
     "node_modules/web3-eth-contract": {
-      "version": "4.1.3",
-      "resolved": "https://registry.npmjs.org/web3-eth-contract/-/web3-eth-contract-4.1.3.tgz",
-      "integrity": "sha512-F6e3eyetUDiNOb78EDVJtNOb0H1GPz3xAZH8edSfYdhaxI9tTutP2V3p++kh2ZJ/RrdE2+xil7H/nPLgHymBvg==",
+      "version": "4.1.4",
+      "resolved": "https://registry.npmjs.org/web3-eth-contract/-/web3-eth-contract-4.1.4.tgz",
+      "integrity": "sha512-tJ4z6QLgtu8EQu2sXnLA7g427oxmngnbAUh+9kJKbP6Yep/oe+z79PqJv7H3MwqwUNW9T+/FeB2PnSQSyxz6ig==",
       "dependencies": {
-        "web3-core": "^4.3.1",
+        "web3-core": "^4.3.2",
         "web3-errors": "^1.1.4",
         "web3-eth": "^4.3.1",
         "web3-eth-abi": "^4.1.4",
         "web3-types": "^1.3.1",
-        "web3-utils": "^4.0.7",
+        "web3-utils": "^4.1.0",
         "web3-validator": "^2.0.3"
       },
       "engines": {
@@ -4085,12 +4086,12 @@
       }
     },
     "node_modules/web3-rpc-methods": {
-      "version": "1.1.3",
-      "resolved": "https://registry.npmjs.org/web3-rpc-methods/-/web3-rpc-methods-1.1.3.tgz",
-      "integrity": "sha512-XB6SsCZZPdZUMPIRqDxJkZFKMu0/Y+yaExAt+Z7RqmuM7xF55fJ/Qb84LQho8zarvUoYziy4jnIfs+SXImxQUw==",
+      "version": "1.1.4",
+      "resolved": "https://registry.npmjs.org/web3-rpc-methods/-/web3-rpc-methods-1.1.4.tgz",
+      "integrity": "sha512-LTFNg4LFaeU8K9ecuT8fHDp/LOXyxCneeZjCrRYIW1u82Ly52SrY55FIzMIISGoG/iT5Wh7UiHOB3CQsWLBmbQ==",
       "dependencies": {
-        "web3-core": "^4.3.0",
-        "web3-types": "^1.3.0",
+        "web3-core": "^4.3.2",
+        "web3-types": "^1.3.1",
         "web3-validator": "^2.0.3"
       },
       "engines": {
@@ -4108,13 +4109,13 @@
       }
     },
     "node_modules/web3-utils": {
-      "version": "4.0.7",
-      "resolved": "https://registry.npmjs.org/web3-utils/-/web3-utils-4.0.7.tgz",
-      "integrity": "sha512-sy8S6C2FIa5NNHc8DjND+Fx3S8KDAizuh5RbL1RX3h0PRbFgPfWzF5RfUns8gTt0mjJuOhs/IaDhrZfeTszG5A==",
+      "version": "4.1.0",
+      "resolved": "https://registry.npmjs.org/web3-utils/-/web3-utils-4.1.0.tgz",
+      "integrity": "sha512-+VJWR6FtCsgwuJr5tvSvQlSEG06586df8h2CxGc9tcNtIDyJKNkSDDWJkdNPvyDhhXFzQYFh8QOGymD1CIP6fw==",
       "dependencies": {
         "ethereum-cryptography": "^2.0.0",
-        "web3-errors": "^1.1.3",
-        "web3-types": "^1.3.0",
+        "web3-errors": "^1.1.4",
+        "web3-types": "^1.3.1",
         "web3-validator": "^2.0.3"
       },
       "engines": {
diff --git a/gateway/package.json b/gateway/package.json
index 13e5e21..1767469 100644
--- a/gateway/package.json
+++ b/gateway/package.json
@@ -25,7 +25,7 @@
     "body-parser": "1.20.2",
     "express": "4.18.2",
     "json-rpc-2.0": "1.7.0",
-    "web3": "4.2.2"
+    "web3": "4.3.0"
   },
   "devDependencies": {
     "@fluencelabs/aqua-lib": "0.7.7"