diff --git a/Cargo.lock b/Cargo.lock
index ee0de5c7e5c8..64b76435d7d4 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -138,9 +138,9 @@ dependencies = [
 
 [[package]]
 name = "anyhow"
-version = "1.0.34"
+version = "1.0.58"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "bf8dcb5b4bbaa28653b647d8c77bd4ed40183b48882e130c1f1ffb73de069fd7"
+checksum = "bb07d2053ccdbe10e2af2995a2f116c1330396493dc1269f6a91d0ae82e19704"
 
 [[package]]
 name = "arbitrary"
diff --git a/client/faucet/Cargo.toml b/client/faucet/Cargo.toml
index d8eb6385f72b..42eb4486acd7 100644
--- a/client/faucet/Cargo.toml
+++ b/client/faucet/Cargo.toml
@@ -10,7 +10,7 @@ publish = false
 edition = "2018"
 
 [dependencies]
-anyhow = "1.0.34"
+anyhow = "1.0.58"
 hex = "0.4.2"
 reqwest = { version = "0.10.9", features = ["blocking"], default-features = false }
 serde = "1.0.117"
diff --git a/client/json-rpc/Cargo.toml b/client/json-rpc/Cargo.toml
index 7e68f8ad3147..b4a57ac24850 100644
--- a/client/json-rpc/Cargo.toml
+++ b/client/json-rpc/Cargo.toml
@@ -10,7 +10,7 @@ publish = false
 edition = "2018"
 
 [dependencies]
-anyhow = "1.0.34"
+anyhow = "1.0.58"
 async-trait = "0.1.42"
 futures = "0.3.8"
 hex = "0.4.2"
diff --git a/common/channel/Cargo.toml b/common/channel/Cargo.toml
index d0042378e9ec..90c0b96bab36 100644
--- a/common/channel/Cargo.toml
+++ b/common/channel/Cargo.toml
@@ -10,7 +10,7 @@ publish = false
 edition = "2018"
 
 [dependencies]
-anyhow = "1.0.34"
+anyhow = "1.0.58"
 futures = "0.3.8"
 diem-metrics = { path = "../metrics", version = "0.1.0" }
 diem-infallible = { path = "../infallible", version = "0.1.0" }
diff --git a/common/debug-interface/Cargo.toml b/common/debug-interface/Cargo.toml
index ee634b261cce..9f4af72f1814 100644
--- a/common/debug-interface/Cargo.toml
+++ b/common/debug-interface/Cargo.toml
@@ -10,7 +10,7 @@ publish = false
 edition = "2018"
 
 [dependencies]
-anyhow = "1.0.34"
+anyhow = "1.0.58"
 bytes = "0.5.6"
 tokio = { version = "0.2.22", features = ["full"] }
 reqwest = { version = "0.10.9", features = ["blocking", "json"], default_features = false }
diff --git a/common/diemdoc/Cargo.toml b/common/diemdoc/Cargo.toml
index cd64eff9bec0..58f407734875 100644
--- a/common/diemdoc/Cargo.toml
+++ b/common/diemdoc/Cargo.toml
@@ -12,7 +12,7 @@ edition = "2018"
 serde_yaml = "0.8.14"
 serde-reflection = "0.3.2"
 serde-generate = "0.17.0"
-anyhow = "1.0.34"
+anyhow = "1.0.58"
 regex = "1.4.2"
 structopt = "0.3.21"
 once_cell = "1.4.1"
diff --git a/common/metrics/Cargo.toml b/common/metrics/Cargo.toml
index 94a8c9b7a022..53616f9b1f36 100644
--- a/common/metrics/Cargo.toml
+++ b/common/metrics/Cargo.toml
@@ -10,7 +10,7 @@ publish = false
 edition = "2018"
 
 [dependencies]
-anyhow = "1.0.34"
+anyhow = "1.0.58"
 futures = "0.3.8"
 hyper = "0.13.9"
 once_cell = "1.4.1"
diff --git a/common/subscription-service/Cargo.toml b/common/subscription-service/Cargo.toml
index 6a4966c6229d..de7c87ace65b 100644
--- a/common/subscription-service/Cargo.toml
+++ b/common/subscription-service/Cargo.toml
@@ -10,7 +10,7 @@ publish = false
 edition = "2018"
 
 [dependencies]
-anyhow = "1.0.34"
+anyhow = "1.0.58"
 
 diem-types = { path = "../../types", version = "0.1.0" }
 diem-workspace-hack = { path = "../../common/workspace-hack", version = "0.1.0" }
diff --git a/common/trace/Cargo.toml b/common/trace/Cargo.toml
index 0e4317acab88..91029b05c884 100644
--- a/common/trace/Cargo.toml
+++ b/common/trace/Cargo.toml
@@ -15,7 +15,7 @@ structopt = "0.3.21"
 tokio = { version = "0.2.22", features = ["full"] }
 serde_json = "1.0.60"
 serde = "1.0.117"
-anyhow = "1.0.34"
+anyhow = "1.0.58"
 reqwest = { version = "0.10.9", features = ["blocking", "json"], default_features = false }
 once_cell = "1.4.1"
 
diff --git a/config/management/Cargo.toml b/config/management/Cargo.toml
index 450a5ef684d7..e088c55ab71a 100644
--- a/config/management/Cargo.toml
+++ b/config/management/Cargo.toml
@@ -10,7 +10,7 @@ publish = false
 edition = "2018"
 
 [dependencies]
-anyhow = "1.0.34"
+anyhow = "1.0.58"
 hex = "0.4.2"
 serde = { version = "1.0.117", features = ["rc"], default-features = false }
 serde_yaml = "0.8.14"
diff --git a/config/management/genesis/Cargo.toml b/config/management/genesis/Cargo.toml
index b1797b874389..cc6e7769aacc 100644
--- a/config/management/genesis/Cargo.toml
+++ b/config/management/genesis/Cargo.toml
@@ -10,7 +10,7 @@ publish = false
 edition = "2018"
 
 [dependencies]
-anyhow = "1.0.34"
+anyhow = "1.0.58"
 rand = "0.7.3"
 serde = { version = "1.0.117", features = ["rc"], default-features = false }
 structopt = "0.3.21"
diff --git a/config/management/operational/Cargo.toml b/config/management/operational/Cargo.toml
index 59801af734af..d5eaf85f826c 100644
--- a/config/management/operational/Cargo.toml
+++ b/config/management/operational/Cargo.toml
@@ -10,7 +10,7 @@ publish = false
 edition = "2018"
 
 [dependencies]
-anyhow = "1.0.34"
+anyhow = "1.0.58"
 hex = "0.4.2"
 serde = { version = "1.0.117", features = ["rc"], default-features = false }
 serde_json = "1.0.60"
diff --git a/config/seed-peer-generator/Cargo.toml b/config/seed-peer-generator/Cargo.toml
index d63f83688fd4..a164e631309c 100644
--- a/config/seed-peer-generator/Cargo.toml
+++ b/config/seed-peer-generator/Cargo.toml
@@ -10,7 +10,7 @@ publish = false
 edition = "2018"
 
 [dependencies]
-anyhow = "1.0.34"
+anyhow = "1.0.58"
 hex = "0.4.2"
 rand = "0.7.3"
 serde_yaml = "0.8.14"
diff --git a/consensus/Cargo.toml b/consensus/Cargo.toml
index d359dc0d2c26..610945bca03e 100644
--- a/consensus/Cargo.toml
+++ b/consensus/Cargo.toml
@@ -10,7 +10,7 @@ publish = false
 edition = "2018"
 
 [dependencies]
-anyhow = "1.0.34"
+anyhow = "1.0.58"
 async-trait = "0.1.42"
 byteorder = { version = "1.3.4", default-features = false }
 bytes = "0.5.6"
diff --git a/consensus/consensus-types/Cargo.toml b/consensus/consensus-types/Cargo.toml
index d274ea60fccf..3c57b57fb5a0 100644
--- a/consensus/consensus-types/Cargo.toml
+++ b/consensus/consensus-types/Cargo.toml
@@ -7,7 +7,7 @@ publish = false
 edition = "2018"
 
 [dependencies]
-anyhow = "1.0.34"
+anyhow = "1.0.58"
 mirai-annotations = { version = "1.10.1", default-features = false }
 proptest = { version = "0.10.1", optional = true }
 serde = { version = "1.0.117", default-features = false }
diff --git a/crypto/crypto-derive/Cargo.toml b/crypto/crypto-derive/Cargo.toml
index 7e0915e75e10..3df65ac2a5af 100644
--- a/crypto/crypto-derive/Cargo.toml
+++ b/crypto/crypto-derive/Cargo.toml
@@ -18,4 +18,4 @@ quote = "1.0.7"
 proc-macro2 = "1.0.24"
 
 [dev-dependencies]
-anyhow = "1.0.34"
+anyhow = "1.0.58"
diff --git a/crypto/crypto/Cargo.toml b/crypto/crypto/Cargo.toml
index 8e8af1ca73c6..bb33f2b26164 100644
--- a/crypto/crypto/Cargo.toml
+++ b/crypto/crypto/Cargo.toml
@@ -10,7 +10,7 @@ publish = false
 edition = "2018"
 
 [dependencies]
-anyhow = "1.0.34"
+anyhow = "1.0.58"
 bytes = "0.5.6"
 vanilla-curve25519-dalek = { version = "3", package = 'curve25519-dalek', default-features = false, features = ["std"], optional = true }
 curve25519-dalek = { git = "https://github.com/novifinancial/curve25519-dalek.git", branch = "fiat3", version = "3", default-features = false, features = ["std", "fiat_u64_backend"], optional = true }
diff --git a/devtools/x/Cargo.toml b/devtools/x/Cargo.toml
index 7692974cdfc1..e73c7eee0ee9 100644
--- a/devtools/x/Cargo.toml
+++ b/devtools/x/Cargo.toml
@@ -12,7 +12,7 @@ determinator = "0.1.1"
 serde = { version = "1.0.117", features = ["derive"] }
 serde_json = "1.0.60"
 structopt = "0.3.21"
-anyhow = "1.0.34"
+anyhow = "1.0.58"
 colored-diff = "0.2.2"
 guppy = { version = "0.6.2", features = ["summaries"] }
 indoc = "1.0.3"
diff --git a/execution/db-bootstrapper/Cargo.toml b/execution/db-bootstrapper/Cargo.toml
index f08def2483db..e4ea9a0fa776 100644
--- a/execution/db-bootstrapper/Cargo.toml
+++ b/execution/db-bootstrapper/Cargo.toml
@@ -10,7 +10,7 @@ publish = false
 edition = "2018"
 
 [dependencies]
-anyhow = "1.0.34"
+anyhow = "1.0.58"
 structopt = "0.3.21"
 
 executor = { path = "../executor", version = "0.1.0" }
diff --git a/execution/execution-correctness/Cargo.toml b/execution/execution-correctness/Cargo.toml
index f55ae37fda2b..5f0345afcfc5 100644
--- a/execution/execution-correctness/Cargo.toml
+++ b/execution/execution-correctness/Cargo.toml
@@ -7,7 +7,7 @@ publish = false
 edition = "2018"
 
 [dependencies]
-anyhow = "1.0.34"
+anyhow = "1.0.58"
 rand = { version = "0.7.3", default-features = false }
 
 consensus-types = { path = "../../consensus/consensus-types", version = "0.1.0", default-features = false }
diff --git a/execution/executor-test-helpers/Cargo.toml b/execution/executor-test-helpers/Cargo.toml
index b0753f4655a9..1ebdbaf58aad 100644
--- a/execution/executor-test-helpers/Cargo.toml
+++ b/execution/executor-test-helpers/Cargo.toml
@@ -10,7 +10,7 @@ publish = false
 edition = "2018"
 
 [dependencies]
-anyhow = "1.0.34"
+anyhow = "1.0.58"
 rand = "0.7.3"
 tempfile = "3.1.0"
 
diff --git a/execution/executor-types/Cargo.toml b/execution/executor-types/Cargo.toml
index d309f55f767a..967c0b6f6620 100644
--- a/execution/executor-types/Cargo.toml
+++ b/execution/executor-types/Cargo.toml
@@ -10,7 +10,7 @@ publish = false
 edition = "2018"
 
 [dependencies]
-anyhow = "1.0.34"
+anyhow = "1.0.58"
 serde = { version = "1.0.117", default-features = false }
 thiserror = "1.0.22"
 
diff --git a/execution/executor/Cargo.toml b/execution/executor/Cargo.toml
index e7f980e3e2d5..b88004788630 100644
--- a/execution/executor/Cargo.toml
+++ b/execution/executor/Cargo.toml
@@ -10,7 +10,7 @@ publish = false
 edition = "2018"
 
 [dependencies]
-anyhow = "1.0.34"
+anyhow = "1.0.58"
 fail = "0.4.0"
 itertools = { version = "0.9.0", default-features = false }
 once_cell = "1.4.1"
diff --git a/json-rpc/Cargo.toml b/json-rpc/Cargo.toml
index 3e16b9d458cf..69c153d26cb7 100644
--- a/json-rpc/Cargo.toml
+++ b/json-rpc/Cargo.toml
@@ -10,7 +10,7 @@ publish = false
 edition = "2018"
 
 [dependencies]
-anyhow = "1.0.34"
+anyhow = "1.0.58"
 fail = "0.4.0"
 futures = "0.3.8"
 hex = "0.4.2"
diff --git a/json-rpc/types/Cargo.toml b/json-rpc/types/Cargo.toml
index cb78b3e6796c..22a07f6fccdd 100644
--- a/json-rpc/types/Cargo.toml
+++ b/json-rpc/types/Cargo.toml
@@ -10,7 +10,7 @@ publish = false
 edition = "2018"
 
 [dependencies]
-anyhow = "1.0.34"
+anyhow = "1.0.58"
 hex = "0.4.2"
 serde = { version = "1.0.117", default-features = false }
 serde_json = "1.0.60"
diff --git a/language/benchmarks/Cargo.toml b/language/benchmarks/Cargo.toml
index eceb734d2cf6..9bc6ebf5cf3c 100644
--- a/language/benchmarks/Cargo.toml
+++ b/language/benchmarks/Cargo.toml
@@ -10,7 +10,7 @@ publish = false
 edition = "2018"
 
 [dependencies]
-anyhow = "1.0.34"
+anyhow = "1.0.58"
 criterion = "0.3.3"
 proptest = "0.10.1"
 
diff --git a/language/bytecode-verifier/Cargo.toml b/language/bytecode-verifier/Cargo.toml
index fffeeba5102c..c8c57faf9dac 100644
--- a/language/bytecode-verifier/Cargo.toml
+++ b/language/bytecode-verifier/Cargo.toml
@@ -10,7 +10,7 @@ publish = false
 edition = "2018"
 
 [dependencies]
-anyhow = "1.0.34"
+anyhow = "1.0.58"
 mirai-annotations = "1.10.1"
 petgraph = "0.5.1"
 
diff --git a/language/compiler/Cargo.toml b/language/compiler/Cargo.toml
index ecae6b5d955d..52167f692408 100644
--- a/language/compiler/Cargo.toml
+++ b/language/compiler/Cargo.toml
@@ -10,7 +10,7 @@ publish = false
 edition = "2018"
 
 [dependencies]
-anyhow = "1.0.34"
+anyhow = "1.0.58"
 bytecode-verifier = { path = "../bytecode-verifier", version = "0.1.0" }
 ir-to-bytecode = { path = "ir-to-bytecode", version = "0.1.0" }
 bytecode-source-map = { path = "bytecode-source-map", version = "0.1.0" }
diff --git a/language/compiler/bytecode-source-map/Cargo.toml b/language/compiler/bytecode-source-map/Cargo.toml
index a69c84c3265f..65fd72b8b955 100644
--- a/language/compiler/bytecode-source-map/Cargo.toml
+++ b/language/compiler/bytecode-source-map/Cargo.toml
@@ -7,7 +7,7 @@ publish = false
 edition = "2018"
 
 [dependencies]
-anyhow = "1.0.34"
+anyhow = "1.0.58"
 diem-types = { path = "../../../types", version = "0.1.0" }
 diem-workspace-hack = { path = "../../../common/workspace-hack", version = "0.1.0" }
 move-core-types = { path = "../../move-core/types", version = "0.1.0" }
diff --git a/language/compiler/ir-to-bytecode/Cargo.toml b/language/compiler/ir-to-bytecode/Cargo.toml
index f989bf282d5a..7a3dd546713c 100644
--- a/language/compiler/ir-to-bytecode/Cargo.toml
+++ b/language/compiler/ir-to-bytecode/Cargo.toml
@@ -10,7 +10,7 @@ publish = false
 edition = "2018"
 
 [dependencies]
-anyhow = "1.0.34"
+anyhow = "1.0.58"
 ir-to-bytecode-syntax = { path = "syntax", version = "0.1.0" }
 diem-types = { path = "../../../types", version = "0.1.0" }
 diem-workspace-hack = { path = "../../../common/workspace-hack", version = "0.1.0" }
diff --git a/language/compiler/ir-to-bytecode/syntax/Cargo.toml b/language/compiler/ir-to-bytecode/syntax/Cargo.toml
index 6ddcca6b8422..547df4e5afc0 100644
--- a/language/compiler/ir-to-bytecode/syntax/Cargo.toml
+++ b/language/compiler/ir-to-bytecode/syntax/Cargo.toml
@@ -10,7 +10,7 @@ publish = false
 edition = "2018"
 
 [dependencies]
-anyhow = "1.0.34"
+anyhow = "1.0.58"
 codespan = { version = "0.8.0", features = ["serialization"] }
 hex = "0.4.2"
 move-ir-types = { path = "../../../move-ir/types", version = "0.1.0" }
diff --git a/language/diem-tools/diem-events-fetcher/Cargo.toml b/language/diem-tools/diem-events-fetcher/Cargo.toml
index 83792e703499..a8b4f584d0e3 100644
--- a/language/diem-tools/diem-events-fetcher/Cargo.toml
+++ b/language/diem-tools/diem-events-fetcher/Cargo.toml
@@ -12,7 +12,7 @@ edition = "2018"
 # See more keys and their definitions at https://doc.rust-lang.org/cargo/reference/manifest.html
 
 [dependencies]
-anyhow = "1.0.34"
+anyhow = "1.0.58"
 hex = "0.4.2"
 reqwest = { version = "0.10.9", features = ["blocking", "json"] }
 structopt = "0.3.21"
diff --git a/language/diem-tools/diem-validator-interface/Cargo.toml b/language/diem-tools/diem-validator-interface/Cargo.toml
index a076e3d6df6a..56d2e325b651 100644
--- a/language/diem-tools/diem-validator-interface/Cargo.toml
+++ b/language/diem-tools/diem-validator-interface/Cargo.toml
@@ -13,7 +13,7 @@ edition = "2018"
 
 [dependencies]
 reqwest = { version = "0.10.9", features = ["blocking", "json"] }
-anyhow = "1.0.34"
+anyhow = "1.0.58"
 diem-config = { path = "../../../config", version = "0.1.0" }
 diem-json-rpc-client = { path = "../../../client/json-rpc", version = "0.1.0" }
 diem-types = { path = "../../../types", version = "0.1.0" }
diff --git a/language/diem-tools/transaction-replay/Cargo.toml b/language/diem-tools/transaction-replay/Cargo.toml
index 21f13866fcc1..4b36f2b85ccc 100644
--- a/language/diem-tools/transaction-replay/Cargo.toml
+++ b/language/diem-tools/transaction-replay/Cargo.toml
@@ -10,7 +10,7 @@ publish = false
 edition = "2018"
 
 [dependencies]
-anyhow = "1.0.34"
+anyhow = "1.0.58"
 structopt = "0.3.21"
 diem-workspace-hack = { path = "../../../common/workspace-hack", version = "0.1.0" }
 diem-types = { path = "../../../types", version = "0.1.0" }
diff --git a/language/diem-tools/writeset-transaction-generator/Cargo.toml b/language/diem-tools/writeset-transaction-generator/Cargo.toml
index 8ca3906614a6..67064e14b0f6 100644
--- a/language/diem-tools/writeset-transaction-generator/Cargo.toml
+++ b/language/diem-tools/writeset-transaction-generator/Cargo.toml
@@ -12,7 +12,7 @@ edition = "2018"
 # See more keys and their definitions at https://doc.rust-lang.org/cargo/reference/manifest.html
 
 [dependencies]
-anyhow = "1.0.34"
+anyhow = "1.0.58"
 structopt = "0.3.21"
 tempfile = "3.1.0"
 handlebars = "3.5.1"
diff --git a/language/diem-vm/Cargo.toml b/language/diem-vm/Cargo.toml
index 4cb3e713877d..385c2c316977 100644
--- a/language/diem-vm/Cargo.toml
+++ b/language/diem-vm/Cargo.toml
@@ -10,7 +10,7 @@ publish = false
 edition = "2018"
 
 [dependencies]
-anyhow = "1.0.34"
+anyhow = "1.0.58"
 fail = "0.4.0"
 once_cell = "1.4.1"
 rayon = "1.5.0"
diff --git a/language/ir-testsuite/Cargo.toml b/language/ir-testsuite/Cargo.toml
index 5903f94fe672..e75a23f86cc9 100644
--- a/language/ir-testsuite/Cargo.toml
+++ b/language/ir-testsuite/Cargo.toml
@@ -9,7 +9,7 @@ license = "Apache-2.0"
 edition = "2018"
 
 [dev-dependencies]
-anyhow = "1.0.34"
+anyhow = "1.0.58"
 bytecode-verifier = { path = "../bytecode-verifier", version = "0.1.0" }
 datatest-stable = { path = "../../common/datatest-stable", version = "0.1.0" }
 functional-tests = { path = "../testing-infra/functional-tests", version = "0.1.0" }
diff --git a/language/move-core/types/Cargo.toml b/language/move-core/types/Cargo.toml
index 1b201e55a1ac..24d91f55f43d 100644
--- a/language/move-core/types/Cargo.toml
+++ b/language/move-core/types/Cargo.toml
@@ -10,7 +10,7 @@ publish = false
 edition = "2018"
 
 [dependencies]
-anyhow = "1.0.34"
+anyhow = "1.0.58"
 hex = "0.4.2"
 rand = "0.7.3"
 proptest = { version = "0.10.1", default-features = false, optional = true }
diff --git a/language/move-ir/types/Cargo.toml b/language/move-ir/types/Cargo.toml
index 05ac91bd2433..dba5f792b230 100644
--- a/language/move-ir/types/Cargo.toml
+++ b/language/move-ir/types/Cargo.toml
@@ -11,7 +11,7 @@ edition = "2018"
 # See more keys and their definitions at https://doc.rust-lang.org/cargo/reference/manifest.html
 
 [dependencies]
-anyhow = "1.0.34"
+anyhow = "1.0.58"
 codespan = { version = "0.8.0", features = ["serialization"] }
 serde = { version = "1.0.117", features = ["derive"] }
 hex = "0.4.2"
diff --git a/language/move-lang/Cargo.toml b/language/move-lang/Cargo.toml
index 59a9b69b3bd1..90e8a9e27508 100644
--- a/language/move-lang/Cargo.toml
+++ b/language/move-lang/Cargo.toml
@@ -7,7 +7,7 @@ edition = "2018"
 license = "Apache-2.0"
 
 [dependencies]
-anyhow = "1.0.34"
+anyhow = "1.0.58"
 codespan = "0.8.0"
 codespan-reporting = "0.8.0"
 hex = "0.4.2"
diff --git a/language/move-lang/functional-tests/Cargo.toml b/language/move-lang/functional-tests/Cargo.toml
index 968ef7822083..f04534a458f6 100644
--- a/language/move-lang/functional-tests/Cargo.toml
+++ b/language/move-lang/functional-tests/Cargo.toml
@@ -12,7 +12,7 @@ license = "Apache-2.0"
 diem-workspace-hack = { path = "../../../common/workspace-hack", version = "0.1.0" }
 
 [dev-dependencies]
-anyhow = "1.0.34"
+anyhow = "1.0.58"
 tempfile = "3.1.0"
 
 datatest-stable = { path = "../../../common/datatest-stable", version = "0.1.0" }
diff --git a/language/move-prover/Cargo.toml b/language/move-prover/Cargo.toml
index 1e926144f975..6772677c3f63 100644
--- a/language/move-prover/Cargo.toml
+++ b/language/move-prover/Cargo.toml
@@ -23,7 +23,7 @@ move-ir-types = { path = "../move-ir/types", version = "0.1.0" }
 
 # external dependencies
 async-trait = "0.1.42"
-anyhow = "1.0.34"
+anyhow = "1.0.58"
 clap = "2.33.3"
 codespan = "0.8.0"
 codespan-reporting = "0.8.0"
diff --git a/language/move-prover/abigen/Cargo.toml b/language/move-prover/abigen/Cargo.toml
index 095aca10aaa9..2f52176ff649 100644
--- a/language/move-prover/abigen/Cargo.toml
+++ b/language/move-prover/abigen/Cargo.toml
@@ -16,7 +16,7 @@ bcs = "0.1.1"
 
 # external dependencies
 log = "0.4.11"
-anyhow = "1.0.34"
+anyhow = "1.0.58"
 heck = "0.3.1"
 serde = { version = "1.0.117", features = ["derive"] }
 
diff --git a/language/move-prover/bytecode/Cargo.toml b/language/move-prover/bytecode/Cargo.toml
index 18b06157163c..3a6e02e1bab6 100644
--- a/language/move-prover/bytecode/Cargo.toml
+++ b/language/move-prover/bytecode/Cargo.toml
@@ -28,7 +28,7 @@ move-prover-test-utils = { path = "../test-utils", version = "0.1.0" }
 codespan = "0.8.0"
 codespan-reporting = "0.8.0"
 diem-temppath = { path = "../../../common/temppath", version = "0.1.0" }
-anyhow = "1.0.34"
+anyhow = "1.0.58"
 
 [[test]]
 name = "testsuite"
diff --git a/language/move-prover/diagen/Cargo.toml b/language/move-prover/diagen/Cargo.toml
index e8fa72ff626a..a35e251e9e48 100644
--- a/language/move-prover/diagen/Cargo.toml
+++ b/language/move-prover/diagen/Cargo.toml
@@ -14,5 +14,5 @@ publish = false
 diem-workspace-hack = { path = "../../../common/workspace-hack", version = "0.1.0" }
 
 # external dependencies
-anyhow = "1.0.34"
+anyhow = "1.0.58"
 regex = "1.4.2"
diff --git a/language/move-prover/docgen/Cargo.toml b/language/move-prover/docgen/Cargo.toml
index 8718c5bc334c..067d71168a4a 100644
--- a/language/move-prover/docgen/Cargo.toml
+++ b/language/move-prover/docgen/Cargo.toml
@@ -19,7 +19,7 @@ itertools = "0.9.0"
 log = "0.4.11"
 num = "0.3.0"
 regex = "1.4.2"
-anyhow = "1.0.34"
+anyhow = "1.0.58"
 serde = { version = "1.0.117", features = ["derive"] }
 once_cell = "1.4.1"
 
diff --git a/language/move-prover/errmapgen/Cargo.toml b/language/move-prover/errmapgen/Cargo.toml
index abc9918b3dbc..8b4bad7abe06 100644
--- a/language/move-prover/errmapgen/Cargo.toml
+++ b/language/move-prover/errmapgen/Cargo.toml
@@ -16,7 +16,7 @@ bcs = "0.1.1"
 
 # external dependencies
 log = "0.4.11"
-anyhow = "1.0.34"
+anyhow = "1.0.58"
 serde = { version = "1.0.117", features = ["derive"] }
 
 [dev-dependencies]
diff --git a/language/move-prover/spec-lang/Cargo.toml b/language/move-prover/spec-lang/Cargo.toml
index 12c0fff30443..e732da69eccd 100644
--- a/language/move-prover/spec-lang/Cargo.toml
+++ b/language/move-prover/spec-lang/Cargo.toml
@@ -25,7 +25,7 @@ log = "0.4.11"
 num = "0.3.0"
 once_cell = "1.4.1"
 regex = "1.4.2"
-anyhow = "1.0.34"
+anyhow = "1.0.58"
 serde = { version = "1.0.117", features = ["derive"] }
 
 [dev-dependencies]
diff --git a/language/move-prover/test-utils/Cargo.toml b/language/move-prover/test-utils/Cargo.toml
index 9f9e56f1e434..3506cf17c536 100644
--- a/language/move-prover/test-utils/Cargo.toml
+++ b/language/move-prover/test-utils/Cargo.toml
@@ -7,6 +7,6 @@ license = "Apache-2.0"
 
 [dependencies]
 prettydiff = "0.3.1"
-anyhow = "1.0.34"
+anyhow = "1.0.58"
 regex = "1.4.2"
 diem-workspace-hack = { path = "../../../common/workspace-hack", version = "0.1.0" }
diff --git a/language/move-vm/integration-tests/Cargo.toml b/language/move-vm/integration-tests/Cargo.toml
index acec7303ccdb..a46db7037334 100644
--- a/language/move-vm/integration-tests/Cargo.toml
+++ b/language/move-vm/integration-tests/Cargo.toml
@@ -12,7 +12,7 @@ edition = "2018"
 # See more keys and their definitions at https://doc.rust-lang.org/cargo/reference/manifest.html
 
 [dependencies]
-anyhow = "1.0.34"
+anyhow = "1.0.58"
 tempfile = "3.1.0"
 
 diem-workspace-hack = { path = "../../../common/workspace-hack", version = "0.1.0" }
diff --git a/language/move-vm/runtime/Cargo.toml b/language/move-vm/runtime/Cargo.toml
index 8e8c2fa53878..d300eaadb82a 100644
--- a/language/move-vm/runtime/Cargo.toml
+++ b/language/move-vm/runtime/Cargo.toml
@@ -27,7 +27,7 @@ move-vm-types = { path = "../types", version = "0.1.0" }
 vm = { path = "../../vm", version = "0.1.0" }
 
 [dev-dependencies]
-anyhow = "1.0.34"
+anyhow = "1.0.58"
 hex = "0.4.2"
 proptest = "0.10.1"
 
diff --git a/language/move-vm/test-utils/Cargo.toml b/language/move-vm/test-utils/Cargo.toml
index 06e517dbddde..c94ee9b91a54 100644
--- a/language/move-vm/test-utils/Cargo.toml
+++ b/language/move-vm/test-utils/Cargo.toml
@@ -12,7 +12,7 @@ edition = "2018"
 # See more keys and their definitions at https://doc.rust-lang.org/cargo/reference/manifest.html
 
 [dependencies]
-anyhow = "1.0.34"
+anyhow = "1.0.58"
 
 diem-workspace-hack = { path = "../../../common/workspace-hack", version = "0.1.0" }
 move-vm-runtime = { path = "../runtime", version = "0.1.0" }
diff --git a/language/stdlib/Cargo.toml b/language/stdlib/Cargo.toml
index c9af2e9e6275..69672adace93 100644
--- a/language/stdlib/Cargo.toml
+++ b/language/stdlib/Cargo.toml
@@ -10,7 +10,7 @@ license = "Apache-2.0"
 publish = false
 
 [dependencies]
-anyhow = "1.0.34"
+anyhow = "1.0.58"
 bytecode-verifier = { path = "../bytecode-verifier", version = "0.1.0" }
 move-lang = { path = "../move-lang" }
 move-prover = { path = "../move-prover" }
diff --git a/language/stdlib/compiled/Cargo.toml b/language/stdlib/compiled/Cargo.toml
index 568c7981e241..33f3b5ace9f5 100644
--- a/language/stdlib/compiled/Cargo.toml
+++ b/language/stdlib/compiled/Cargo.toml
@@ -10,7 +10,7 @@ license = "Apache-2.0"
 publish = false
 
 [dependencies]
-anyhow = "1.0.34"
+anyhow = "1.0.58"
 bytecode-verifier = { path = "../../bytecode-verifier", version = "0.1.0" }
 diem-crypto = { path = "../../../crypto/crypto", version = "0.1.0" }
 diem-types = { path = "../../../types", version = "0.1.0" }
diff --git a/language/testing-infra/e2e-tests/Cargo.toml b/language/testing-infra/e2e-tests/Cargo.toml
index 3989922df53d..4f2ac102f5c7 100644
--- a/language/testing-infra/e2e-tests/Cargo.toml
+++ b/language/testing-infra/e2e-tests/Cargo.toml
@@ -10,7 +10,7 @@ license = "Apache-2.0"
 publish = false
 
 [dependencies]
-anyhow = "1.0.34"
+anyhow = "1.0.58"
 goldenfile = "1.1.0"
 bcs = "0.1.1"
 compiler = { path = "../../compiler", version = "0.1.0" }
diff --git a/language/testing-infra/functional-tests/Cargo.toml b/language/testing-infra/functional-tests/Cargo.toml
index e65c1cb0f57f..4f613b21f398 100644
--- a/language/testing-infra/functional-tests/Cargo.toml
+++ b/language/testing-infra/functional-tests/Cargo.toml
@@ -9,7 +9,7 @@ license = "Apache-2.0"
 edition = "2018"
 
 [dependencies]
-anyhow = "1.0.34"
+anyhow = "1.0.58"
 hex = "0.4.2"
 diem-state-view = { path = "../../../storage/state-view", version = "0.1.0" }
 diem-types = { path = "../../../types", version = "0.1.0" }
diff --git a/language/tools/disassembler/Cargo.toml b/language/tools/disassembler/Cargo.toml
index 3da2bff0b00f..8f3828284245 100644
--- a/language/tools/disassembler/Cargo.toml
+++ b/language/tools/disassembler/Cargo.toml
@@ -7,7 +7,7 @@ publish = false
 edition = "2018"
 
 [dependencies]
-anyhow = "1.0.34"
+anyhow = "1.0.58"
 colored = "2.0.0"
 
 bytecode-verifier = { path = "../../bytecode-verifier", version = "0.1.0" }
diff --git a/language/tools/move-cli/Cargo.toml b/language/tools/move-cli/Cargo.toml
index 3dc83c476619..008829ce5d89 100644
--- a/language/tools/move-cli/Cargo.toml
+++ b/language/tools/move-cli/Cargo.toml
@@ -10,7 +10,7 @@ publish = false
 edition = "2018"
 
 [dependencies]
-anyhow = "1.0.34"
+anyhow = "1.0.58"
 difference = "2.0.0"
 include_dir = { version = "0.6.0", features = ["search"] }
 once_cell = "1.4.1"
diff --git a/language/tools/move-coverage/Cargo.toml b/language/tools/move-coverage/Cargo.toml
index cd3014b29f5b..d81a57ab113f 100644
--- a/language/tools/move-coverage/Cargo.toml
+++ b/language/tools/move-coverage/Cargo.toml
@@ -14,7 +14,7 @@ once_cell = "1.4.1"
 petgraph = "0.5.1"
 structopt = "0.3.21"
 serde = { version = "1.0.117", default-features = false }
-anyhow = "1.0.34"
+anyhow = "1.0.58"
 codespan = { version = "0.8.0", features = ["serialization"] }
 colored = "2.0.0"
 
diff --git a/language/tools/resource-viewer/Cargo.toml b/language/tools/resource-viewer/Cargo.toml
index 94ec4cb6419f..b77a32915921 100644
--- a/language/tools/resource-viewer/Cargo.toml
+++ b/language/tools/resource-viewer/Cargo.toml
@@ -22,6 +22,6 @@ vm = { path = "../../vm", version = "0.1.0" }
 serde_json = "1.0.60"
 serde = { version = "1.0.117", features = ["derive", "rc"] }
 
-anyhow = "1.0.34"
+anyhow = "1.0.58"
 once_cell = "1.4.1"
 hex = "0.4.2"
diff --git a/language/tools/vm-genesis/Cargo.toml b/language/tools/vm-genesis/Cargo.toml
index 2987b667d89c..12a9c80882cf 100644
--- a/language/tools/vm-genesis/Cargo.toml
+++ b/language/tools/vm-genesis/Cargo.toml
@@ -10,7 +10,7 @@ license = "Apache-2.0"
 publish = false
 
 [dependencies]
-anyhow = "1.0.34"
+anyhow = "1.0.58"
 once_cell = "1.4.1"
 rand = "0.7.3"
 
diff --git a/language/transaction-builder/generator/Cargo.toml b/language/transaction-builder/generator/Cargo.toml
index 79e3f3e2db39..68c6a386fc64 100644
--- a/language/transaction-builder/generator/Cargo.toml
+++ b/language/transaction-builder/generator/Cargo.toml
@@ -9,7 +9,7 @@ license = "Apache-2.0"
 edition = "2018"
 
 [dependencies]
-anyhow = "1.0.34"
+anyhow = "1.0.58"
 heck = "0.3.1"
 regex = "1.4.2"
 structopt = "0.3.21"
diff --git a/language/vm/Cargo.toml b/language/vm/Cargo.toml
index bb2a00eaa561..e633ce533e53 100644
--- a/language/vm/Cargo.toml
+++ b/language/vm/Cargo.toml
@@ -10,7 +10,7 @@ publish = false
 edition = "2018"
 
 [dependencies]
-anyhow = "1.0.34"
+anyhow = "1.0.58"
 once_cell = "1.4.1"
 mirai-annotations = "1.10.1"
 proptest = { version = "0.10.1", optional = true }
diff --git a/mempool/Cargo.toml b/mempool/Cargo.toml
index b5576b216bcb..0713fc3d274f 100644
--- a/mempool/Cargo.toml
+++ b/mempool/Cargo.toml
@@ -10,7 +10,7 @@ publish = false
 edition = "2018"
 
 [dependencies]
-anyhow = "1.0.34"
+anyhow = "1.0.58"
 fail = "0.4.0"
 futures = "0.3.8"
 itertools = "0.9.0"
diff --git a/network/Cargo.toml b/network/Cargo.toml
index 1e8922225ce8..4b9dd3351379 100644
--- a/network/Cargo.toml
+++ b/network/Cargo.toml
@@ -10,7 +10,7 @@ publish = false
 edition = "2018"
 
 [dependencies]
-anyhow = "1.0.34"
+anyhow = "1.0.58"
 bytes = { version = "0.5.6", features = ["serde"] }
 futures = "0.3.8"
 futures-util = "0.3.8"
diff --git a/network/network-address/Cargo.toml b/network/network-address/Cargo.toml
index 68b1f9e4a64a..81fe4c57eb4e 100644
--- a/network/network-address/Cargo.toml
+++ b/network/network-address/Cargo.toml
@@ -24,7 +24,7 @@ diem-workspace-hack = { path = "../../common/workspace-hack", version = "0.1.0"
 move-core-types = { path = "../../language/move-core/types", version = "0.1.0" }
 
 [dev-dependencies]
-anyhow = "1.0.34"
+anyhow = "1.0.58"
 proptest = "0.10.1"
 proptest-derive = "0.2.0"
 
diff --git a/network/simple-onchain-discovery/Cargo.toml b/network/simple-onchain-discovery/Cargo.toml
index ab7fc52e56c8..81dec16a461a 100644
--- a/network/simple-onchain-discovery/Cargo.toml
+++ b/network/simple-onchain-discovery/Cargo.toml
@@ -10,7 +10,7 @@ publish = false
 edition = "2018"
 
 [dependencies]
-anyhow = "1.0.34"
+anyhow = "1.0.58"
 futures = "0.3.8"
 once_cell = "1.4.1"
 tokio = { version = "0.2.22", features = ["full"] }
diff --git a/secure/json-rpc/Cargo.toml b/secure/json-rpc/Cargo.toml
index 5ea261ac8259..a7f24dc92448 100644
--- a/secure/json-rpc/Cargo.toml
+++ b/secure/json-rpc/Cargo.toml
@@ -24,7 +24,7 @@ diem-types = { path = "../../types", version = "0.1.0" }
 diem-workspace-hack = { path = "../../common/workspace-hack", version = "0.1.0" }
 
 [dev-dependencies]
-anyhow = "1.0.34"
+anyhow = "1.0.58"
 futures = "0.3.8"
 proptest = "0.10.1"
 tokio = { version = "0.2.22", features = ["full"] }
diff --git a/secure/key-manager/Cargo.toml b/secure/key-manager/Cargo.toml
index 5c6ca03a0f89..72c0a0dd998b 100644
--- a/secure/key-manager/Cargo.toml
+++ b/secure/key-manager/Cargo.toml
@@ -29,7 +29,7 @@ diem-workspace-hack = { path = "../../common/workspace-hack", version = "0.1.0"
 transaction-builder-generated = { path = "../../client/transaction-builder", version = "0.1.0" }
 
 [dev-dependencies]
-anyhow = "1.0.34"
+anyhow = "1.0.58"
 futures = "0.3.8"
 rand = "0.7.3"
 tokio = { version = "0.2.22", features = ["full"] }
diff --git a/state-synchronizer/Cargo.toml b/state-synchronizer/Cargo.toml
index 4d312257427d..0854139b2f38 100644
--- a/state-synchronizer/Cargo.toml
+++ b/state-synchronizer/Cargo.toml
@@ -10,7 +10,7 @@ publish = false
 edition = "2018"
 
 [dependencies]
-anyhow = "1.0.34"
+anyhow = "1.0.58"
 fail = "0.4.0"
 futures = "0.3.8"
 serde = { version = "1.0.117", default-features = false }
diff --git a/storage/accumulator/Cargo.toml b/storage/accumulator/Cargo.toml
index a1538cfc2446..f51261b8a30b 100644
--- a/storage/accumulator/Cargo.toml
+++ b/storage/accumulator/Cargo.toml
@@ -10,7 +10,7 @@ publish = false
 edition = "2018"
 
 [dependencies]
-anyhow = "1.0.34"
+anyhow = "1.0.58"
 diem-crypto = { path = "../../crypto/crypto", version = "0.1.0" }
 mirai-annotations = "1.10.1"
 diem-types = { path = "../../types", version = "0.1.0" }
diff --git a/storage/backup/backup-cli/Cargo.toml b/storage/backup/backup-cli/Cargo.toml
index 0881f975ca99..81db9308c5fb 100644
--- a/storage/backup/backup-cli/Cargo.toml
+++ b/storage/backup/backup-cli/Cargo.toml
@@ -9,7 +9,7 @@ publish = false
 edition = "2018"
 
 [dependencies]
-anyhow = "1.0.34"
+anyhow = "1.0.58"
 async-trait = "0.1.42"
 byteorder = "1.3.4"
 bytes = "0.5.6"
diff --git a/storage/backup/backup-service/Cargo.toml b/storage/backup/backup-service/Cargo.toml
index 0ef45910d40d..e80ecf8e322b 100644
--- a/storage/backup/backup-service/Cargo.toml
+++ b/storage/backup/backup-service/Cargo.toml
@@ -9,7 +9,7 @@ publish = false
 edition = "2018"
 
 [dependencies]
-anyhow = "1.0.34"
+anyhow = "1.0.58"
 bytes = "0.5.6"
 futures = "0.3.8"
 hyper = "0.13.9"
diff --git a/storage/diemdb/Cargo.toml b/storage/diemdb/Cargo.toml
index 55c9b2e560e1..be2093f1cb03 100644
--- a/storage/diemdb/Cargo.toml
+++ b/storage/diemdb/Cargo.toml
@@ -10,7 +10,7 @@ publish = false
 edition = "2018"
 
 [dependencies]
-anyhow = "1.0.34"
+anyhow = "1.0.58"
 arc-swap = "1.0.0"
 byteorder = "1.3.4"
 itertools = "0.9.0"
diff --git a/storage/diemsum/Cargo.toml b/storage/diemsum/Cargo.toml
index edfb057311d2..f589d9c7e0bb 100644
--- a/storage/diemsum/Cargo.toml
+++ b/storage/diemsum/Cargo.toml
@@ -10,7 +10,7 @@ publish = false
 edition = "2018"
 
 [dependencies]
-anyhow = "1.0.34"
+anyhow = "1.0.58"
 structopt = "0.3.21"
 serde = "1.0.117"
 serde_json = "1.0.60"
diff --git a/storage/inspector/Cargo.toml b/storage/inspector/Cargo.toml
index aad6319876d1..0abc33d594b6 100644
--- a/storage/inspector/Cargo.toml
+++ b/storage/inspector/Cargo.toml
@@ -9,7 +9,7 @@ publish = false
 edition = "2018"
 
 [dependencies]
-anyhow = "1.0.34"
+anyhow = "1.0.58"
 structopt = "0.3.21"
 tempfile = "3.1.0"
 
diff --git a/storage/jellyfish-merkle/Cargo.toml b/storage/jellyfish-merkle/Cargo.toml
index 869ed3627ef3..5205e6e24be7 100644
--- a/storage/jellyfish-merkle/Cargo.toml
+++ b/storage/jellyfish-merkle/Cargo.toml
@@ -10,7 +10,7 @@ publish = false
 edition = "2018"
 
 [dependencies]
-anyhow = "1.0.34"
+anyhow = "1.0.58"
 byteorder = "1.3.4"
 mirai-annotations = "1.10.1"
 num-derive = "0.3.3"
diff --git a/storage/schemadb/Cargo.toml b/storage/schemadb/Cargo.toml
index 30b98d3f70bc..c09117f70118 100644
--- a/storage/schemadb/Cargo.toml
+++ b/storage/schemadb/Cargo.toml
@@ -10,7 +10,7 @@ publish = false
 edition = "2018"
 
 [dependencies]
-anyhow = "1.0.34"
+anyhow = "1.0.58"
 once_cell = "1.4.1"
 diem-config = { path = "../../config", version = "0.1.0" }
 diem-metrics = { path = "../../common/metrics", version = "0.1.0" }
diff --git a/storage/state-view/Cargo.toml b/storage/state-view/Cargo.toml
index 7bdd8ea48df4..d3b3c93230e9 100644
--- a/storage/state-view/Cargo.toml
+++ b/storage/state-view/Cargo.toml
@@ -10,7 +10,7 @@ publish = false
 edition = "2018"
 
 [dependencies]
-anyhow = "1.0.34"
+anyhow = "1.0.58"
 diem-crypto = { path = "../../crypto/crypto", version = "0.1.0" }
 diem-types = { path = "../../types", version = "0.1.0" }
 diem-workspace-hack = { path = "../../common/workspace-hack", version = "0.1.0" }
diff --git a/storage/storage-client/Cargo.toml b/storage/storage-client/Cargo.toml
index 42c300601eb7..74fdd7eeba5f 100644
--- a/storage/storage-client/Cargo.toml
+++ b/storage/storage-client/Cargo.toml
@@ -10,7 +10,7 @@ publish = false
 edition = "2018"
 
 [dependencies]
-anyhow = "1.0.34"
+anyhow = "1.0.58"
 serde = "1.0.117"
 
 bcs = "0.1.1"
diff --git a/storage/storage-interface/Cargo.toml b/storage/storage-interface/Cargo.toml
index dac0120abf97..8d37a97e162f 100644
--- a/storage/storage-interface/Cargo.toml
+++ b/storage/storage-interface/Cargo.toml
@@ -10,7 +10,7 @@ publish = false
 edition = "2018"
 
 [dependencies]
-anyhow = "1.0.34"
+anyhow = "1.0.58"
 itertools = "0.9.0"
 serde = { version = "1.0.117", default-features = false }
 thiserror = "1.0.22"
diff --git a/storage/storage-service/Cargo.toml b/storage/storage-service/Cargo.toml
index 6e3fed197739..31c73bab81f0 100644
--- a/storage/storage-service/Cargo.toml
+++ b/storage/storage-service/Cargo.toml
@@ -10,7 +10,7 @@ publish = false
 edition = "2018"
 
 [dependencies]
-anyhow = "1.0.34"
+anyhow = "1.0.58"
 tokio = { version = "0.2.22", features = ["full"] }
 futures = "0.3.8"
 
diff --git a/testsuite/cli/Cargo.toml b/testsuite/cli/Cargo.toml
index a014b50148ec..7837374a1789 100644
--- a/testsuite/cli/Cargo.toml
+++ b/testsuite/cli/Cargo.toml
@@ -10,7 +10,7 @@ publish = false
 edition = "2018"
 
 [dependencies]
-anyhow = "1.0.34"
+anyhow = "1.0.58"
 chrono = "0.4.19"
 hex = "0.4.2"
 proptest = { version = "0.10.1", optional = true }
diff --git a/testsuite/cli/diem-wallet/Cargo.toml b/testsuite/cli/diem-wallet/Cargo.toml
index ef98b414aefa..6ef0018b86c1 100644
--- a/testsuite/cli/diem-wallet/Cargo.toml
+++ b/testsuite/cli/diem-wallet/Cargo.toml
@@ -10,7 +10,7 @@ publish = false
 edition = "2018"
 
 [dependencies]
-anyhow = "1.0.34"
+anyhow = "1.0.58"
 rand = "0.7.3"
 hex = "0.4.2"
 hmac = "0.10.1"
diff --git a/testsuite/cluster-test/Cargo.toml b/testsuite/cluster-test/Cargo.toml
index 342510e5a2f9..ba7d15720e87 100644
--- a/testsuite/cluster-test/Cargo.toml
+++ b/testsuite/cluster-test/Cargo.toml
@@ -10,7 +10,7 @@ publish = false
 edition = "2018"
 
 [dependencies]
-anyhow = "1.0.34"
+anyhow = "1.0.58"
 flate2 = { version = "1.0.19", features = ["rust_backend"], default-features = false }
 hex = "0.4.2"
 itertools = "0.9.0"
diff --git a/testsuite/diem-fuzzer/Cargo.toml b/testsuite/diem-fuzzer/Cargo.toml
index 56c672450f07..3a0e626cad6f 100644
--- a/testsuite/diem-fuzzer/Cargo.toml
+++ b/testsuite/diem-fuzzer/Cargo.toml
@@ -10,7 +10,7 @@ edition = "2018"
 
 # common dependencies
 [dependencies]
-anyhow = "1.0.34"
+anyhow = "1.0.58"
 byteorder = { version = "1.3.4", default-features = false }
 hex = "0.4.2"
 once_cell = "1.4.1"
diff --git a/testsuite/diem-swarm/Cargo.toml b/testsuite/diem-swarm/Cargo.toml
index 3328fbac6087..96a5baef3f15 100644
--- a/testsuite/diem-swarm/Cargo.toml
+++ b/testsuite/diem-swarm/Cargo.toml
@@ -10,7 +10,7 @@ publish = false
 edition = "2018"
 
 [dependencies]
-anyhow = "1.0.34"
+anyhow = "1.0.58"
 ctrlc = { version = "3.1.7", default-features = false }
 reqwest = { version = "0.10.9", features = ["blocking"], default-features = false }
 structopt = "0.3.21"
diff --git a/testsuite/smoke-test/Cargo.toml b/testsuite/smoke-test/Cargo.toml
index 23467d3ef7ab..1d6915f08b33 100644
--- a/testsuite/smoke-test/Cargo.toml
+++ b/testsuite/smoke-test/Cargo.toml
@@ -10,7 +10,7 @@ publish = false
 edition = "2018"
 
 [dev-dependencies]
-anyhow = "1.0.34"
+anyhow = "1.0.58"
 hex = "0.4.2"
 once_cell = "1.4.1"
 num = "0.3.0"
diff --git a/types/Cargo.toml b/types/Cargo.toml
index adb6d192ea3c..d80fcb1aa553 100644
--- a/types/Cargo.toml
+++ b/types/Cargo.toml
@@ -10,7 +10,7 @@ publish = false
 edition = "2018"
 
 [dependencies]
-anyhow = "1.0.34"
+anyhow = "1.0.58"
 bytes = "0.5.6"
 chrono = { version = "0.4.19", default-features = false, features = ["clock"] }
 hex = "0.4.2"
diff --git a/vm-validator/Cargo.toml b/vm-validator/Cargo.toml
index ab3d037e296e..e7591252eb5e 100644
--- a/vm-validator/Cargo.toml
+++ b/vm-validator/Cargo.toml
@@ -10,7 +10,7 @@ publish = false
 edition = "2018"
 
 [dependencies]
-anyhow = "1.0.34"
+anyhow = "1.0.58"
 fail = "0.4.0"
 scratchpad = { path = "../storage/scratchpad", version = "0.1.0" }
 diem-state-view = { path = "../storage/state-view", version = "0.1.0" }