diff --git a/package-lock.json b/package-lock.json
index dbc6d40ec..78b5c649b 100644
--- a/package-lock.json
+++ b/package-lock.json
@@ -1844,7 +1844,6 @@
         "coinselect": "^3.1.11",
         "ethereumjs-common": "^1.4.0",
         "ethereumjs-tx": "^2.1.1",
-        "ethereumjs-util": "^6.1.0",
         "hdkey": "^1.1.1"
       },
       "dependencies": {
@@ -2423,6 +2422,14 @@
         "websocket": "^1.0.28"
       }
     },
+    "@types/bn.js": {
+      "version": "4.11.6",
+      "resolved": "https://registry.npmjs.org/@types/bn.js/-/bn.js-4.11.6.tgz",
+      "integrity": "sha512-pqr857jrp2kPuO9uRjZ3PwnJTjoQy+fcdxvBTvHm6dkmEL9q+hDD/2j/0ELOBPtPnS8LjCX0gI9nbl8lVkadpg==",
+      "requires": {
+        "@types/node": "*"
+      }
+    },
     "@types/chai": {
       "version": "4.2.0",
       "resolved": "https://registry.npmjs.org/@types/chai/-/chai-4.2.0.tgz",
@@ -5030,22 +5037,73 @@
       "integrity": "sha512-zZEK1onCeiORb0wyCXUvg94Ve5It/K6GD1K+26KfFKodiBiS6d9lfCXlUKGBBdQ+bv7Day+JK0tj1K+BeNFRAw==",
       "dev": true,
       "requires": {
-        "ethereumjs-common": "^1.5.0",
-        "ethereumjs-util": "^6.0.0"
+        "ethereumjs-common": "^1.5.0"
       }
     },
     "ethereumjs-util": {
-      "version": "6.1.0",
-      "resolved": "https://registry.npmjs.org/ethereumjs-util/-/ethereumjs-util-6.1.0.tgz",
-      "integrity": "sha512-URESKMFbDeJxnAxPppnk2fN6Y3BIatn9fwn76Lm8bQlt+s52TpG8dN9M66MLPuRAiAOIqL3dfwqWJf0sd0fL0Q==",
+      "version": "7.0.0",
+      "resolved": "https://registry.npmjs.org/ethereumjs-util/-/ethereumjs-util-7.0.0.tgz",
+      "integrity": "sha512-y4FqiypxmUVdmCqNPRdB2rvyP1pr8ZBO+RVlxGLF12OoTXVPvgJ3omT2AoYLGCXjgbYDwskbbbROklerm2FNcA==",
       "requires": {
-        "bn.js": "^4.11.0",
+        "@types/bn.js": "^4.11.3",
+        "bn.js": "^5.1.1",
         "create-hash": "^1.1.2",
         "ethjs-util": "0.1.6",
-        "keccak": "^1.0.2",
-        "rlp": "^2.0.0",
-        "safe-buffer": "^5.1.1",
-        "secp256k1": "^3.0.1"
+        "keccak": "^3.0.0",
+        "rlp": "^2.2.4",
+        "secp256k1": "^4.0.1"
+      },
+      "dependencies": {
+        "bn.js": {
+          "version": "5.1.1",
+          "resolved": "https://registry.npmjs.org/bn.js/-/bn.js-5.1.1.tgz",
+          "integrity": "sha512-IUTD/REb78Z2eodka1QZyyEk66pciRcP6Sroka0aI3tG/iwIdYLrBD62RsubR7vqdt3WyX8p4jxeatzmRSphtA=="
+        },
+        "elliptic": {
+          "version": "6.5.2",
+          "resolved": "https://registry.npmjs.org/elliptic/-/elliptic-6.5.2.tgz",
+          "integrity": "sha512-f4x70okzZbIQl/NSRLkI/+tteV/9WqL98zx+SQ69KbXxmVrmjwsNUPn/gYJJ0sHvEak24cZgHIPegRePAtA/xw==",
+          "requires": {
+            "bn.js": "^4.4.0",
+            "brorand": "^1.0.1",
+            "hash.js": "^1.0.0",
+            "hmac-drbg": "^1.0.0",
+            "inherits": "^2.0.1",
+            "minimalistic-assert": "^1.0.0",
+            "minimalistic-crypto-utils": "^1.0.0"
+          },
+          "dependencies": {
+            "bn.js": {
+              "version": "4.11.8",
+              "resolved": "https://registry.npmjs.org/bn.js/-/bn.js-4.11.8.tgz",
+              "integrity": "sha512-ItfYfPLkWHUjckQCk8xC+LwxgK8NYcXywGigJgSwOP8Y2iyWT4f2vsZnoOXTTbo+o5yXmIUJ4gn5538SO5S3gA=="
+            }
+          }
+        },
+        "keccak": {
+          "version": "3.0.0",
+          "resolved": "https://registry.npmjs.org/keccak/-/keccak-3.0.0.tgz",
+          "integrity": "sha512-/4h4FIfFEpTEuySXi/nVFM5rqSKPnnhI7cL4K3MFSwoI3VyM7AhPSq3SsysARtnEBEeIKMBUWD8cTh9nHE8AkA==",
+          "requires": {
+            "node-addon-api": "^2.0.0",
+            "node-gyp-build": "^4.2.0"
+          }
+        },
+        "node-gyp-build": {
+          "version": "4.2.2",
+          "resolved": "https://registry.npmjs.org/node-gyp-build/-/node-gyp-build-4.2.2.tgz",
+          "integrity": "sha512-Lqh7mrByWCM8Cf9UPqpeoVBBo5Ugx+RKu885GAzmLBVYjeywScxHXPGLa4JfYNZmcNGwzR0Glu5/9GaQZMFqyA=="
+        },
+        "secp256k1": {
+          "version": "4.0.1",
+          "resolved": "https://registry.npmjs.org/secp256k1/-/secp256k1-4.0.1.tgz",
+          "integrity": "sha512-iGRjbGAKfXMqhtdkkuNxsgJQfJO8Oo78Rm7DAvsG3XKngq+nJIOGqrCSXcQqIVsmCj0wFanE5uTKFxV3T9j2wg==",
+          "requires": {
+            "elliptic": "^6.5.2",
+            "node-addon-api": "^2.0.0",
+            "node-gyp-build": "^4.2.0"
+          }
+        }
       }
     },
     "ethers": {
@@ -8390,6 +8448,11 @@
         }
       }
     },
+    "node-addon-api": {
+      "version": "2.0.0",
+      "resolved": "https://registry.npmjs.org/node-addon-api/-/node-addon-api-2.0.0.tgz",
+      "integrity": "sha512-ASCL5U13as7HhOExbT6OlWJJUV/lLzL2voOSP1UVehpRD8FbSrSDjfScK/KwAvVTI5AS6r4VwbOMlIqtvRidnA=="
+    },
     "node-environment-flags": {
       "version": "1.0.6",
       "resolved": "https://registry.npmjs.org/node-environment-flags/-/node-environment-flags-1.0.6.tgz",
@@ -10314,12 +10377,11 @@
       }
     },
     "rlp": {
-      "version": "2.2.3",
-      "resolved": "https://registry.npmjs.org/rlp/-/rlp-2.2.3.tgz",
-      "integrity": "sha512-l6YVrI7+d2vpW6D6rS05x2Xrmq8oW7v3pieZOJKBEdjuTF4Kz/iwk55Zyh1Zaz+KOB2kC8+2jZlp2u9L4tTzCQ==",
+      "version": "2.2.4",
+      "resolved": "https://registry.npmjs.org/rlp/-/rlp-2.2.4.tgz",
+      "integrity": "sha512-fdq2yYCWpAQBhwkZv+Z8o/Z4sPmYm1CUq6P7n6lVTOdb949CnqA0sndXal5C1NleSVSZm6q5F3iEbauyVln/iw==",
       "requires": {
-        "bn.js": "^4.11.1",
-        "safe-buffer": "^5.1.1"
+        "bn.js": "^4.11.1"
       }
     },
     "run-async": {
diff --git a/package.json b/package.json
index 9afe11ee0..3bd85f651 100644
--- a/package.json
+++ b/package.json
@@ -121,7 +121,7 @@
     "date.js": "^0.3.3",
     "decimal.js": "^10.2.0",
     "dotenv": "^8.0.0",
-    "ethereumjs-util": "^6.1.0",
+    "ethereumjs-util": "^7.0.0",
     "express": "^4.17.1",
     "express-async-handler": "^1.1.4",
     "express-basic-auth": "^1.2.0",