diff --git a/Cargo.lock b/Cargo.lock
index 4527664c..50bef0e3 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -1968,9 +1968,9 @@ dependencies = [
 
 [[package]]
 name = "itertools"
-version = "0.11.0"
+version = "0.12.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "b1c173a5686ce8bfa551b3563d0c2170bf24ca44da99c7ca4bfdab5418c3fe57"
+checksum = "25db6b064527c5d482d0423354fcd07a89a2dfe07b67892e62411946db7f07b0"
 dependencies = [
  "either",
 ]
@@ -2399,7 +2399,7 @@ dependencies = [
  "bitcoin_hashes 0.12.0",
  "getrandom",
  "hex",
- "itertools 0.11.0",
+ "itertools 0.12.0",
  "rand",
  "secp256k1 0.27.0",
  "serde",
diff --git a/moksha-core/Cargo.toml b/moksha-core/Cargo.toml
index 4e740660..5f42ce3c 100644
--- a/moksha-core/Cargo.toml
+++ b/moksha-core/Cargo.toml
@@ -22,7 +22,7 @@ serde_json = "1.0.108"
 hex = "0.4.3"
 serde_with = "3.4.0"
 thiserror = "1.0.50"
-itertools = "0.11.0"
+itertools = "0.12.0"
 
 [target.'cfg(target_family = "wasm")'.dependencies]
 # getrandom is transitive dependency of rand