diff --git a/CHANGELOG.md b/CHANGELOG.md
index 22856aea..1ac4efaf 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -41,6 +41,7 @@ Contains all the PRs that improved the code without changing the behaviors.
 ### Fixed
 - [#569](https://github.com/archway-network/archway/pull/569) - Audit remidiations for x/cwerrors and x/cwica 
 - [#566](https://github.com/archway-network/archway/pull/566) - Fixing the localnet script to correctly set gov params post sdk v47
+- [#586](https://github.com/archway-network/archway/pull/586) - Applied patches for CWAs CWA-2024-003 and CWA-2024-004
 
 ### Improvements
 
diff --git a/go.mod b/go.mod
index 67164fee..16a799e0 100644
--- a/go.mod
+++ b/go.mod
@@ -19,7 +19,7 @@ require (
 	cosmossdk.io/x/upgrade v0.1.2
 	github.com/CosmWasm/cosmwasm-go v0.5.1-0.20220822092235-974247a04ac7
 	github.com/CosmWasm/wasmd v0.50.0
-	github.com/CosmWasm/wasmvm v1.5.2
+	github.com/CosmWasm/wasmvm v1.5.4
 	github.com/cometbft/cometbft v0.38.10
 	github.com/cosmos/cosmos-db v1.0.2
 	github.com/cosmos/cosmos-proto v1.0.0-beta.5
@@ -210,7 +210,7 @@ require (
 	sigs.k8s.io/yaml v1.4.0 // indirect
 )
 
-replace github.com/CosmWasm/wasmd => github.com/archway-network/archway-wasmd v0.50.0-archway
+replace github.com/CosmWasm/wasmd => github.com/archway-network/archway-wasmd v0.50.1-archway
 
 replace github.com/archway-network/voter => ./contracts/go/voter
 
diff --git a/go.sum b/go.sum
index ddcc1270..fffc5f70 100644
--- a/go.sum
+++ b/go.sum
@@ -812,8 +812,8 @@ github.com/CosmWasm/cosmwasm-go v0.5.1-0.20220822092235-974247a04ac7 h1:aENjurRl
 github.com/CosmWasm/cosmwasm-go v0.5.1-0.20220822092235-974247a04ac7/go.mod h1:qCTzr8cQYwoYdA9AT4azEVbiYGjULS1nrUgw6YScXks=
 github.com/CosmWasm/tinyjson v0.9.0 h1:sPjgikATp5W0vD/v/Qz99uQ6G/lh/SuK0Wfskqua4Co=
 github.com/CosmWasm/tinyjson v0.9.0/go.mod h1:5+7QnSKrkIWnpIdhUT2t2EYzXnII3/3MlM0oDsBSbc8=
-github.com/CosmWasm/wasmvm v1.5.2 h1:+pKB1Mz9GZVt1vadxB+EDdD1FOz3dMNjIKq/58/lrag=
-github.com/CosmWasm/wasmvm v1.5.2/go.mod h1:Q0bSEtlktzh7W2hhEaifrFp1Erx11ckQZmjq8FLCyys=
+github.com/CosmWasm/wasmvm v1.5.4 h1:Opqy65ubJ8bMsT08dn85VjRdsLJVPIAgIXif92qOMGc=
+github.com/CosmWasm/wasmvm v1.5.4/go.mod h1:Q0bSEtlktzh7W2hhEaifrFp1Erx11ckQZmjq8FLCyys=
 github.com/DataDog/datadog-go v3.2.0+incompatible h1:qSG2N4FghB1He/r2mFrWKCaL7dXCilEuNEeAn20fdD4=
 github.com/DataDog/datadog-go v3.2.0+incompatible/go.mod h1:LButxg5PwREeZtORoXG3tL4fMGNddJ+vMq1mwgfaqoQ=
 github.com/DataDog/zstd v1.5.5 h1:oWf5W7GtOLgp6bciQYDmhHHjdhYkALu6S/5Ni9ZgSvQ=
@@ -850,8 +850,8 @@ github.com/apache/arrow/go/v12 v12.0.0/go.mod h1:d+tV/eHZZ7Dz7RPrFKtPK02tpr+c9/P
 github.com/apache/thrift v0.12.0/go.mod h1:cp2SuWMxlEZw2r+iP2GNCdIi4C1qmUzdZFSVb+bacwQ=
 github.com/apache/thrift v0.13.0/go.mod h1:cp2SuWMxlEZw2r+iP2GNCdIi4C1qmUzdZFSVb+bacwQ=
 github.com/apache/thrift v0.16.0/go.mod h1:PHK3hniurgQaNMZYaCLEqXKsYK8upmhPbmdP2FXSqgU=
-github.com/archway-network/archway-wasmd v0.50.0-archway h1:Emw7NNouob0xz3HM7CFwEwPyKltLc1WjWNLB1Fwm1eU=
-github.com/archway-network/archway-wasmd v0.50.0-archway/go.mod h1:UjmShW4l9YxaMytwJZ7IB7MWzHiynSZP3DdWrG0FRtk=
+github.com/archway-network/archway-wasmd v0.50.1-archway h1:LMDZYRkWGM7U2jqHS+daI5JOf0d/R6iXhqIo8qCej2A=
+github.com/archway-network/archway-wasmd v0.50.1-archway/go.mod h1:9Dl+5yBJPFVa1lvk8ApdvSmpDGKxdrWHvngEcA0ZVDY=
 github.com/armon/circbuf v0.0.0-20150827004946-bbbad097214e/go.mod h1:3U/XgcO3hCbHZ8TKRvWD2dDTCfh9M9ya+I9JpbB7O8o=
 github.com/armon/go-metrics v0.0.0-20180917152333-f0300d1749da/go.mod h1:Q73ZrmVTwzkszR9V5SSuryQ31EELlFMUz1kKyl939pY=
 github.com/armon/go-metrics v0.4.1/go.mod h1:E6amYzXo6aW1tqzoZGT755KkbgrJsSdpwZ+3JqfkOG4=