diff --git a/package.json b/package.json
index 17cb3d6..deb0e42 100644
--- a/package.json
+++ b/package.json
@@ -27,7 +27,7 @@
   },
   "dependencies": {
     "@ethereumjs/tx": "^4.2.0",
-    "@ethereumjs/util": "8.0.5",
+    "@ethereumjs/util": "^8.1.0",
     "@metamask/bip39": "^4.0.0",
     "@metamask/eth-sig-util": "^7.0.0",
     "@metamask/scure-bip39": "^2.1.0",
diff --git a/yarn.lock b/yarn.lock
index 3a81a3b..b4ec00a 100644
--- a/yarn.lock
+++ b/yarn.lock
@@ -418,33 +418,6 @@ __metadata:
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   linkType: hard
 
-"@chainsafe/as-sha256@npm:^0.3.1":
-  version: 0.3.1
-  resolution: "@chainsafe/as-sha256@npm:0.3.1"
-  checksum: 58ea733be1657b0e31dbf48b0dba862da0833df34a81c1460c7352f04ce90874f70003cbf34d0afb9e5e53a33ee2d63a261a8b12462be85b2ba0a6f7f13d6150
-  languageName: node
-  linkType: hard
-
-"@chainsafe/persistent-merkle-tree@npm:^0.4.2":
-  version: 0.4.2
-  resolution: "@chainsafe/persistent-merkle-tree@npm:0.4.2"
-  dependencies:
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-  checksum: f9cfcb2132a243992709715dbd28186ab48c7c0c696f29d30857693cca5526bf753974a505ef68ffd5623bbdbcaa10f9083f4dd40bf99eb6408e451cc26a1a9e
-  languageName: node
-  linkType: hard
-
-"@chainsafe/ssz@npm:0.9.4":
-  version: 0.9.4
-  resolution: "@chainsafe/ssz@npm:0.9.4"
-  dependencies:
-    "@chainsafe/as-sha256": ^0.3.1
-    "@chainsafe/persistent-merkle-tree": ^0.4.2
-    case: ^1.6.3
-  checksum: c6eaedeae9e5618b3c666ff4507a27647f665a8dcf17d5ca86da4ed4788c5a93868f256d0005467d184fdf35ec03f323517ec2e55ec42492d769540a2ec396bc
-  languageName: node
-  linkType: hard
-
 "@cspotcode/source-map-support@npm:^0.8.0":
   version: 0.8.1
   resolution: "@cspotcode/source-map-support@npm:0.8.1"
@@ -531,17 +504,6 @@ __metadata:
   languageName: node
   linkType: hard
 
-"@ethereumjs/util@npm:8.0.5":
-  version: 8.0.5
-  resolution: "@ethereumjs/util@npm:8.0.5"
-  dependencies:
-    "@chainsafe/ssz": 0.9.4
-    "@ethereumjs/rlp": ^4.0.1
-    ethereum-cryptography: ^1.1.2
-  checksum: 318386785295b4584289b1aa576d2621392b3a918d127890db62d3f74184f3377694dd9e951e19bfb9ab80e8dc9e38e180236cac2651dead26097d10963731f9
-  languageName: node
-  linkType: hard
-
 "@ethereumjs/util@npm:^8.1.0":
   version: 8.1.0
   resolution: "@ethereumjs/util@npm:8.1.0"
@@ -1039,7 +1001,7 @@ __metadata:
   resolution: "@metamask/eth-hd-keyring@workspace:."
   dependencies:
     "@ethereumjs/tx": ^4.2.0
-    "@ethereumjs/util": 8.0.5
+    "@ethereumjs/util": ^8.1.0
     "@lavamoat/allow-scripts": ^2.3.1
     "@lavamoat/preinstall-always-fail": ^1.0.0
     "@metamask/auto-changelog": ^2.5.0
@@ -1135,13 +1097,6 @@ __metadata:
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-"@noble/hashes@npm:1.2.0, @noble/hashes@npm:~1.2.0":
-  version: 1.2.0
-  resolution: "@noble/hashes@npm:1.2.0"
-  checksum: 8ca080ce557b8f40fb2f78d3aedffd95825a415ac8e13d7ffe3643f8626a8c2d99a3e5975b555027ac24316d8b3c02a35b8358567c0c23af681e6573602aa434
-  languageName: node
-  linkType: hard
-
 "@noble/hashes@npm:1.3.1":
   version: 1.3.1
   resolution: "@noble/hashes@npm:1.3.1"
@@ -1163,13 +1118,6 @@ __metadata:
   languageName: node
   linkType: hard
 
-"@noble/secp256k1@npm:1.7.1, @noble/secp256k1@npm:~1.7.0":
-  version: 1.7.1
-  resolution: "@noble/secp256k1@npm:1.7.1"
-  checksum: d2301f1f7690368d8409a3152450458f27e54df47e3f917292de3de82c298770890c2de7c967d237eff9c95b70af485389a9695f73eb05a43e2bd562d18b18cb
-  languageName: node
-  linkType: hard
-
 "@nodelib/fs.scandir@npm:2.1.5":
   version: 2.1.5
   resolution: "@nodelib/fs.scandir@npm:2.1.5"
@@ -1269,17 +1217,6 @@ __metadata:
   languageName: node
   linkType: hard
 
-"@scure/bip32@npm:1.1.5":
-  version: 1.1.5
-  resolution: "@scure/bip32@npm:1.1.5"
-  dependencies:
-    "@noble/hashes": ~1.2.0
-    "@noble/secp256k1": ~1.7.0
-    "@scure/base": ~1.1.0
-  checksum: b08494ab0d2b1efee7226d1b5100db5157ebea22a78bb87126982a76a186cb3048413e8be0ba2622d00d048a20acbba527af730de86c132a77de616eb9907a3b
-  languageName: node
-  linkType: hard
-
 "@scure/bip32@npm:1.3.1":
   version: 1.3.1
   resolution: "@scure/bip32@npm:1.3.1"
@@ -1291,16 +1228,6 @@ __metadata:
   languageName: node
   linkType: hard
 
-"@scure/bip39@npm:1.1.1":
-  version: 1.1.1
-  resolution: "@scure/bip39@npm:1.1.1"
-  dependencies:
-    "@noble/hashes": ~1.2.0
-    "@scure/base": ~1.1.0
-  checksum: fbb594c50696fa9c14e891d872f382e50a3f919b6c96c55ef2fb10c7102c546dafb8f099a62bd114c12a00525b595dcf7381846f383f0ddcedeaa6e210747d2f
-  languageName: node
-  linkType: hard
-
 "@scure/bip39@npm:1.2.1":
   version: 1.2.1
   resolution: "@scure/bip39@npm:1.2.1"
@@ -2394,13 +2321,6 @@ __metadata:
   languageName: node
   linkType: hard
 
-"case@npm:^1.6.3":
-  version: 1.6.3
-  resolution: "case@npm:1.6.3"
-  checksum: febe73278f910b0d28aab7efd6f51c235f9aa9e296148edb56dfb83fd58faa88308c30ce9a0122b6e53e0362c44f4407105bd5ef89c46860fc2b184e540fd68d
-  languageName: node
-  linkType: hard
-
 "chalk@npm:^2.0.0":
   version: 2.4.2
   resolution: "chalk@npm:2.4.2"
@@ -3288,18 +3208,6 @@ __metadata:
   languageName: node
   linkType: hard
 
-"ethereum-cryptography@npm:^1.1.2":
-  version: 1.2.0
-  resolution: "ethereum-cryptography@npm:1.2.0"
-  dependencies:
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-    "@noble/secp256k1": 1.7.1
-    "@scure/bip32": 1.1.5
-    "@scure/bip39": 1.1.1
-  checksum: 97e8e8253cb9f5a9271bd0201c37609c451c890eb85883b9c564f14743c3d7c673287406c93bf5604307593ee298ad9a03983388b85c11ca61461b9fc1a4f2c7
-  languageName: node
-  linkType: hard
-
 "ethereum-cryptography@npm:^2.0.0, ethereum-cryptography@npm:^2.1.2":
   version: 2.1.2
   resolution: "ethereum-cryptography@npm:2.1.2"