diff --git a/oak_functions/loader/Cargo.lock b/oak_functions/loader/Cargo.lock
index 9a4dee1cb2c..c01eade7327 100644
--- a/oak_functions/loader/Cargo.lock
+++ b/oak_functions/loader/Cargo.lock
@@ -1,5 +1,7 @@
 # This file is automatically @generated by Cargo.
 # It is not intended for manual editing.
+version = 3
+
 [[package]]
 name = "ansi_term"
 version = "0.11.0"
@@ -377,6 +379,12 @@ dependencies = [
  "hashbrown",
 ]
 
+[[package]]
+name = "indexmap-nostd"
+version = "0.4.0"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "8e04e2fd2b8188ea827b32ef11de88377086d690286ab35747ef7f9bf3ccb590"
+
 [[package]]
 name = "itertools"
 version = "0.9.0"
@@ -404,6 +412,12 @@ version = "0.2.91"
 source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "8916b1f6ca17130ec6568feccee27c156ad12037880833a3b842a823236502e7"
 
+[[package]]
+name = "libm"
+version = "0.2.5"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "292a948cd991e376cf75541fe5b97a1081d713c618b4f1b9500f8844e49eb565"
+
 [[package]]
 name = "log"
 version = "0.4.14"
@@ -427,9 +441,9 @@ checksum = "0ee1c47aaa256ecabcaea351eae4a9b01ef39ed810004e298d2511ed284b1525"
 
 [[package]]
 name = "memory_units"
-version = "0.3.0"
+version = "0.4.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "71d96e3f3c0b6325d8ccd83c33b28acb183edcb6c67938ba104ec546854b0882"
+checksum = "8452105ba047068f40ff7093dd1d9da90898e63dd61736462e9cdda6a90ad3c3"
 
 [[package]]
 name = "mio"
@@ -468,17 +482,6 @@ dependencies = [
  "winapi",
 ]
 
-[[package]]
-name = "num-bigint"
-version = "0.2.6"
-source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "090c7f9998ee0ff65aa5b723e4009f7b217707f1fb5ea551329cc4d6231fb304"
-dependencies = [
- "autocfg",
- "num-integer",
- "num-traits",
-]
-
 [[package]]
 name = "num-integer"
 version = "0.1.44"
@@ -489,18 +492,6 @@ dependencies = [
  "num-traits",
 ]
 
-[[package]]
-name = "num-rational"
-version = "0.2.4"
-source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "5c000134b5dbf44adc5cb772486d335293351644b801551abe8f75c84cfa4aef"
-dependencies = [
- "autocfg",
- "num-bigint",
- "num-integer",
- "num-traits",
-]
-
 [[package]]
 name = "num-traits"
 version = "0.2.14"
@@ -554,12 +545,6 @@ dependencies = [
  "wasmi",
 ]
 
-[[package]]
-name = "parity-wasm"
-version = "0.41.0"
-source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "ddfc878dac00da22f8f61e7af3157988424567ab01d9920b962ef7dcbd7cd865"
-
 [[package]]
 name = "pest"
 version = "2.1.3"
@@ -877,6 +862,12 @@ dependencies = [
  "winapi",
 ]
 
+[[package]]
+name = "spin"
+version = "0.9.4"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "7f6002a767bff9e83f8eeecf883ecb8011875a21ae8da43bffb817a57e78cc09"
+
 [[package]]
 name = "strsim"
 version = "0.8.0"
@@ -1110,26 +1101,34 @@ checksum = "fd6fbd9a79829dd1ad0cc20627bf1ed606756a7f77edff7b66b7064f9cb327c6"
 
 [[package]]
 name = "wasmi"
-version = "0.8.0"
+version = "0.18.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "5ad7e265153e1010a73e595eef3e2fd2a1fd644ba4e2dd3af4dd6bd7ec692342"
+checksum = "691d40e70daa0d01c8ddc213b8bc1760f072551dd1f774de8038122b0acce7e1"
+dependencies = [
+ "spin",
+ "wasmi_core",
+ "wasmparser-nostd",
+]
+
+[[package]]
+name = "wasmi_core"
+version = "0.4.0"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "4c9559a70c22f27793520b9e098baea45915088fb5093dd7041fcfe238b95d4e"
 dependencies = [
  "downcast-rs",
- "libc",
+ "libm",
  "memory_units",
- "num-rational",
  "num-traits",
- "parity-wasm",
- "wasmi-validation",
 ]
 
 [[package]]
-name = "wasmi-validation"
-version = "0.3.0"
+name = "wasmparser-nostd"
+version = "0.91.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "ea78c597064ba73596099281e2f4cfc019075122a65cdda3205af94f0b264d93"
+checksum = "9c37f310b5a62bfd5ae7c0f1d8e6f98af16a5d6d84ba764e9c36439ec14e318b"
 dependencies = [
- "parity-wasm",
+ "indexmap-nostd",
 ]
 
 [[package]]