diff --git a/blockchain/blockchain.go b/blockchain/blockchain.go
index f4c15b218f..ee635fe36c 100644
--- a/blockchain/blockchain.go
+++ b/blockchain/blockchain.go
@@ -55,7 +55,7 @@ type Reader interface {
 
 var (
 	ErrParentDoesNotMatchHead = errors.New("block's parent hash does not match head block hash")
-	supportedStarknetVersion  = semver.MustParse("0.12.2")
+	supportedStarknetVersion  = semver.MustParse("0.12.3")
 )
 
 func checkBlockVersion(protocolVersion string) error {
diff --git a/vm/rust/Cargo.toml b/vm/rust/Cargo.toml
index cac0a2b125..ed4547f401 100644
--- a/vm/rust/Cargo.toml
+++ b/vm/rust/Cargo.toml
@@ -8,7 +8,7 @@ edition = "2021"
 [dependencies]
 serde = "1.0.171"
 serde_json = { version = "1.0.96", features = ["raw_value"] }
-blockifier = {git = "https://github.com/starkware-libs/blockifier", rev = "e7cc94f"}
+blockifier = {git = "https://github.com/starkware-libs/blockifier", rev = "4fe4a667c024caa"}
 starknet_api = { git = "https://github.com/starkware-libs/starknet-api", rev = "8f620bc" }
 cairo-vm = "0.8.2"
 cairo-lang-casm = "2.1.0"
diff --git a/vm/rust/src/lib.rs b/vm/rust/src/lib.rs
index 28c7f863da..5262069d72 100644
--- a/vm/rust/src/lib.rs
+++ b/vm/rust/src/lib.rs
@@ -14,7 +14,7 @@ use blockifier::{
     block_context::BlockContext,
     execution::{
         contract_class::{ContractClass, ContractClassV1},
-        entry_point::{CallEntryPoint, CallType, EntryPointExecutionContext, ExecutionResources},
+        entry_point::{CallEntryPoint, CallType, EntryPointExecutionContext, ExecutionResources}, common_hints::ExecutionMode,
     },
     fee::fee_utils::calculate_tx_fee,
     state::cached_state::CachedState,
@@ -103,6 +103,7 @@ pub extern "C" fn cairoVMCall(
         ),
         AccountTransactionContext::default(),
         4_000_000,
+        ExecutionMode::Execute,
     );
     let call_info = entry_point.execute(&mut state, &mut resources, &mut context);