diff --git a/CHANGELOG.md b/CHANGELOG.md
index e476c30..3812a6f 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,6 +1,9 @@
 # Changelog
 
 All notable changes to this project will be documented in this file.
+## v1.1.3
+- Upgrade `web3` to `4.0.1`
+
 ## v1.1.2
 - Added CRO `Croeseid-5` Testnet network
 - Update CRO `Mainnet` & `Croeseid-4` Testnet network endpoints
diff --git a/package.json b/package.json
index 51d49ac..b47ccbf 100644
--- a/package.json
+++ b/package.json
@@ -109,7 +109,7 @@
     "rosie": "2.0.1",
     "ts-node": "9.0.0",
     "typedoc": "0.20.28",
-    "typescript": "4.0.3"
+    "typescript": "5.4.1"
   },
   "resolutions": {
     "glob-parent": "6.0.1",