diff --git a/web3.js/package-lock.json b/web3.js/package-lock.json
index 6356756d0f879b..549b4b6e583cc3 100644
--- a/web3.js/package-lock.json
+++ b/web3.js/package-lock.json
@@ -20,7 +20,7 @@
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@@ -22123,7 +21601,8 @@
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@@ -22288,24 +21767,6 @@
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@@ -22768,6 +22229,12 @@
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@@ -25263,12 +24730,6 @@
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@@ -25513,18 +24974,6 @@
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@@ -25586,60 +25035,6 @@
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-            "path-exists": "^3.0.0"
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-        "p-limit": {
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-          "resolved": "https://registry.npmjs.org/p-limit/-/p-limit-2.3.0.tgz",
-          "integrity": "sha512-//88mFWSJx8lxCzwdAABTJL2MyWB12+eIY7MDL2SqLmAkeKU9qxRvWuSyTjm3FUmpBEMuFfckAIqEaVGUDxb6w==",
-          "dev": true,
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-        "p-locate": {
-          "version": "3.0.0",
-          "resolved": "https://registry.npmjs.org/p-locate/-/p-locate-3.0.0.tgz",
-          "integrity": "sha512-x+12w/To+4GFfgJhBEpiDcLozRJGegY+Ei7/z0tSLkMmxGZNybVMSfWj9aJn8Z5Fc7dBUNJOOVgPv2H7IwulSQ==",
-          "dev": true,
-          "requires": {
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-          }
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-        "path-exists": {
-          "version": "3.0.0",
-          "resolved": "https://registry.npmjs.org/path-exists/-/path-exists-3.0.0.tgz",
-          "integrity": "sha1-zg6+ql94yxiSXqfYENe1mwEP1RU=",
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-        }
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       "resolved": "https://registry.npmjs.org/portfinder/-/portfinder-1.0.28.tgz",
@@ -26111,12 +25506,6 @@
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       "dev": true
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-    "requires-port": {
-      "version": "1.0.0",
-      "resolved": "https://registry.npmjs.org/requires-port/-/requires-port-1.0.0.tgz",
-      "integrity": "sha1-kl0mAdOaxIXgkc8NpcbmlNw9yv8=",
-      "dev": true
-    },
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       "resolved": "https://registry.npmjs.org/resolve/-/resolve-1.22.0.tgz",
@@ -26320,12 +25709,6 @@
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       }
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-      "resolved": "https://registry.npmjs.org/secure-compare/-/secure-compare-3.0.1.tgz",
-      "integrity": "sha1-8aAymzCLIh+uN7mXTz1XjQypmeM=",
-      "dev": true
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       "resolved": "https://registry.npmjs.org/semantic-release/-/semantic-release-19.0.3.tgz",
@@ -26503,15 +25886,6 @@
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-    "shallow-clone": {
-      "version": "3.0.1",
-      "resolved": "https://registry.npmjs.org/shallow-clone/-/shallow-clone-3.0.1.tgz",
-      "integrity": "sha512-/6KqX+GVUdqPuPPd2LxDDxzX6CAbjJehAAOKlNpqqUpAqPM6HeL8f+o3a+JsyGjn2lv0WY8UsTgUJjU9Ok55NA==",
-      "dev": true,
-      "requires": {
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     "shebang-command": {
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       "resolved": "https://registry.npmjs.org/shebang-command/-/shebang-command-2.0.0.tgz",
@@ -26534,14 +25908,14 @@
       "dev": true
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-      "version": "0.10.1",
-      "resolved": "https://registry.npmjs.org/shiki/-/shiki-0.10.1.tgz",
-      "integrity": "sha512-VsY7QJVzU51j5o1+DguUd+6vmCmZ5v/6gYu4vyYAhzjuNQU6P/vmSy4uQaOhvje031qQMiW0d2BwgMH52vqMng==",
+      "version": "0.11.1",
+      "resolved": "https://registry.npmjs.org/shiki/-/shiki-0.11.1.tgz",
+      "integrity": "sha512-EugY9VASFuDqOexOgXR18ZV+TbFrQHeCpEYaXamO+SZlsnT/2LxuLBX25GGtIrwaEVFXUAbUQ601SWE2rMwWHA==",
       "dev": true,
       "requires": {
         "jsonc-parser": "^3.0.0",
         "vscode-oniguruma": "^1.6.1",
-        "vscode-textmate": "5.2.0"
+        "vscode-textmate": "^6.0.0"
       }
     },
     "side-channel": {
@@ -27335,16 +26709,15 @@
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-      "version": "0.22.15",
-      "resolved": "https://registry.npmjs.org/typedoc/-/typedoc-0.22.15.tgz",
-      "integrity": "sha512-CMd1lrqQbFvbx6S9G6fL4HKp3GoIuhujJReWqlIvSb2T26vGai+8Os3Mde7Pn832pXYemd9BMuuYWhFpL5st0Q==",
+      "version": "0.23.22",
+      "resolved": "https://registry.npmjs.org/typedoc/-/typedoc-0.23.22.tgz",
+      "integrity": "sha512-5sJkjK60xp8A7YpcYniu3+Wf0QcgojEnhzHuCN+CkdpQkKRhOspon/9+sGTkGI8kjVkZs3KHrhltpQyVhRMVfw==",
       "dev": true,
       "requires": {
-        "glob": "^7.2.0",
         "lunr": "^2.3.9",
-        "marked": "^4.0.12",
-        "minimatch": "^5.0.1",
-        "shiki": "^0.10.1"
+        "marked": "^4.0.19",
+        "minimatch": "^5.1.0",
+        "shiki": "^0.11.1"
       },
       "dependencies": {
         "brace-expansion": {
@@ -27357,9 +26730,9 @@
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         "minimatch": {
-          "version": "5.0.1",
-          "resolved": "https://registry.npmjs.org/minimatch/-/minimatch-5.0.1.tgz",
-          "integrity": "sha512-nLDxIFRyhDblz3qMuq+SoRZED4+miJ/G+tdDrjkkkRnjAsBexeGpgjLEQ0blJy7rHhR2b93rhQY4SvyWu9v03g==",
+          "version": "5.1.1",
+          "resolved": "https://registry.npmjs.org/minimatch/-/minimatch-5.1.1.tgz",
+          "integrity": "sha512-362NP+zlprccbEt/SkxKfRMHnNY85V74mVnpUpNyr3F35covl09Kec7/sEFLt3RA4oXmewtoaanoIf67SE5Y5g==",
           "dev": true,
           "requires": {
             "brace-expansion": "^2.0.1"
@@ -27368,9 +26741,9 @@
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     "typescript": {
-      "version": "4.6.4",
-      "resolved": "https://registry.npmjs.org/typescript/-/typescript-4.6.4.tgz",
-      "integrity": "sha512-9ia/jWHIEbo49HfjrLGfKbZSuWo9iTMwXO+Ca3pRsSpbsMbc7/IU8NKdCZVRRBafVPGnoJeFL76ZOAA84I9fEg==",
+      "version": "4.9.4",
+      "resolved": "https://registry.npmjs.org/typescript/-/typescript-4.9.4.tgz",
+      "integrity": "sha512-Uz+dTXYzxXXbsFpM86Wh3dKCxrQqUcVMxwU54orwlJjOpO3ao8L7j5lH+dWfTwgCwIuM9GQ2kvVotzYJMXTBZg==",
       "dev": true
     },
     "uglify-js": {
@@ -27420,15 +26793,6 @@
       "integrity": "sha512-5Zfuy9q/DFr4tfO7ZPeVXb1aPoeQSdeFMLpYuFebehDAhbuevLs5yxSZmIFN1tP5F9Wl4IpJrYojg85/zgyZHQ==",
       "dev": true
     },
-    "union": {
-      "version": "0.5.0",
-      "resolved": "https://registry.npmjs.org/union/-/union-0.5.0.tgz",
-      "integrity": "sha512-N6uOhuW6zO95P3Mel2I2zMsbsanvvtgn6jVqJv4vbVcz/JN0OkL9suomjQGmWtxJQXOCqUJvquc1sMeNz/IwlA==",
-      "dev": true,
-      "requires": {
-        "qs": "^6.4.0"
-      }
-    },
     "unique-string": {
       "version": "2.0.0",
       "resolved": "https://registry.npmjs.org/unique-string/-/unique-string-2.0.0.tgz",
@@ -27545,15 +26909,15 @@
       }
     },
     "vscode-oniguruma": {
-      "version": "1.6.2",
-      "resolved": "https://registry.npmjs.org/vscode-oniguruma/-/vscode-oniguruma-1.6.2.tgz",
-      "integrity": "sha512-KH8+KKov5eS/9WhofZR8M8dMHWN2gTxjMsG4jd04YhpbPR91fUj7rYQ2/XjeHCJWbg7X++ApRIU9NUwM2vTvLA==",
+      "version": "1.7.0",
+      "resolved": "https://registry.npmjs.org/vscode-oniguruma/-/vscode-oniguruma-1.7.0.tgz",
+      "integrity": "sha512-L9WMGRfrjOhgHSdOYgCt/yRMsXzLDJSL7BPrOZt73gU0iWO4mpqzqQzOz5srxqTvMBaR0XZTSrVWo4j55Rc6cA==",
       "dev": true
     },
     "vscode-textmate": {
-      "version": "5.2.0",
-      "resolved": "https://registry.npmjs.org/vscode-textmate/-/vscode-textmate-5.2.0.tgz",
-      "integrity": "sha512-Uw5ooOQxRASHgu6C7GVvUxisKXfSgW4oFlO+aa+PAkgmH89O3CXxEEzNRNtHSqtXFTl0nAC1uYj0GMSH27uwtQ==",
+      "version": "6.0.0",
+      "resolved": "https://registry.npmjs.org/vscode-textmate/-/vscode-textmate-6.0.0.tgz",
+      "integrity": "sha512-gu73tuZfJgu+mvCSy4UZwd2JXykjK9zAZsfmDeut5dx/1a7FeTk0XwJsSuqQn+cuMCGVbIBfl+s53X4T19DnzQ==",
       "dev": true
     },
     "wait-on": {
@@ -27574,26 +26938,6 @@
       "resolved": "https://registry.npmjs.org/webidl-conversions/-/webidl-conversions-3.0.1.tgz",
       "integrity": "sha1-JFNCdeKnvGvnvIZhHMFq4KVlSHE="
     },
-    "whatwg-encoding": {
-      "version": "2.0.0",
-      "resolved": "https://registry.npmjs.org/whatwg-encoding/-/whatwg-encoding-2.0.0.tgz",
-      "integrity": "sha512-p41ogyeMUrw3jWclHWTQg1k05DSVXPLcVxRTYsXUk+ZooOCZLcoYgPZ/HL/D/N+uQPOtcp1me1WhBEaX02mhWg==",
-      "dev": true,
-      "requires": {
-        "iconv-lite": "0.6.3"
-      },
-      "dependencies": {
-        "iconv-lite": {
-          "version": "0.6.3",
-          "resolved": "https://registry.npmjs.org/iconv-lite/-/iconv-lite-0.6.3.tgz",
-          "integrity": "sha512-4fCk79wshMdzMp2rH06qWrJE4iolqLhCUH+OiuIgU++RB0+94NlDL81atO7GX55uUKueo0txHNtvEyI6D7WdMw==",
-          "dev": true,
-          "requires": {
-            "safer-buffer": ">= 2.1.2 < 3.0.0"
-          }
-        }
-      }
-    },
     "whatwg-url": {
       "version": "5.0.0",
       "resolved": "https://registry.npmjs.org/whatwg-url/-/whatwg-url-5.0.0.tgz",
diff --git a/web3.js/package.json b/web3.js/package.json
index 9e19cd424ca900..5886ba755b7a7b 100644
--- a/web3.js/package.json
+++ b/web3.js/package.json
@@ -68,7 +68,7 @@
     "bs58": "^4.0.1",
     "buffer": "6.0.1",
     "fast-stable-stringify": "^1.0.0",
-    "jayson": "^3.4.4",
+    "jayson": "^4.0.0",
     "node-fetch": "2",
     "rpc-websockets": "^7.5.0",
     "superstruct": "^0.14.2"
diff --git a/web3.js/yarn.lock b/web3.js/yarn.lock
index d0c0b5c0829d55..1268d64f1d857e 100644
--- a/web3.js/yarn.lock
+++ b/web3.js/yarn.lock
@@ -1654,9 +1654,10 @@
     "@types/node" "*"
     form-data "^3.0.0"
 
-"@types/node@*":
-  version "17.0.35"
-  resolved "https://registry.npmjs.org/@types/node/-/node-17.0.35.tgz"
+"@types/node@*", "@types/node@^18.11.10":
+  version "18.11.10"
+  resolved "https://registry.yarnpkg.com/@types/node/-/node-18.11.10.tgz#4c64759f3c2343b7e6c4b9caf761c7a3a05cee34"
+  integrity sha512-juG3RWMBOqcOuXC643OAdSA525V44cVgGV6dUDuiFtss+8Fk5x1hI93Rsld43VeJVIeqlP9I7Fn9/qaVqoEAuQ==
 
 "@types/node@^12.12.54":
   version "12.20.47"
@@ -1666,11 +1667,6 @@
   version "16.11.27"
   resolved "https://registry.npmjs.org/@types/node/-/node-16.11.27.tgz"
 
-"@types/node@^18.11.10":
-  version "18.11.10"
-  resolved "https://registry.yarnpkg.com/@types/node/-/node-18.11.10.tgz#4c64759f3c2343b7e6c4b9caf761c7a3a05cee34"
-  integrity sha512-juG3RWMBOqcOuXC643OAdSA525V44cVgGV6dUDuiFtss+8Fk5x1hI93Rsld43VeJVIeqlP9I7Fn9/qaVqoEAuQ==
-
 "@types/normalize-package-data@^2.4.0":
   version "2.4.1"
   resolved "https://registry.npmjs.org/@types/normalize-package-data/-/normalize-package-data-2.4.1.tgz"
@@ -4195,6 +4191,24 @@ jayson@^3.4.4:
     uuid "^8.3.2"
     ws "^7.4.5"
 
+jayson@^4.0.0:
+  version "4.0.0"
+  resolved "https://registry.yarnpkg.com/jayson/-/jayson-4.0.0.tgz#145a0ced46f900934c9b307e1332bcb0c7dbdb17"
+  integrity sha512-v2RNpDCMu45fnLzSk47vx7I+QUaOsox6f5X0CUlabAFwxoP+8MfAY0NQRFwOEYXIxm8Ih5y6OaEa5KYiQMkyAA==
+  dependencies:
+    "@types/connect" "^3.4.33"
+    "@types/node" "^12.12.54"
+    "@types/ws" "^7.4.4"
+    JSONStream "^1.3.5"
+    commander "^2.20.3"
+    delay "^5.0.0"
+    es6-promisify "^5.0.0"
+    eyes "^0.1.8"
+    isomorphic-ws "^4.0.1"
+    json-stringify-safe "^5.0.1"
+    uuid "^8.3.2"
+    ws "^7.4.5"
+
 jest-worker@^26.2.1:
   version "26.6.2"
   resolved "https://registry.npmjs.org/jest-worker/-/jest-worker-26.6.2.tgz"
@@ -7118,14 +7132,14 @@ write-file-atomic@^4.0.0, write-file-atomic@^4.0.1:
     imurmurhash "^0.1.4"
     signal-exit "^3.0.7"
 
-ws@*, ws@^7.3.1, ws@^7.4.5, ws@^7.4.6:
-  version "7.5.7"
-  resolved "https://registry.npmjs.org/ws/-/ws-7.5.7.tgz"
-
-ws@^8.5.0:
+ws@*, ws@^8.5.0:
   version "8.8.0"
   resolved "https://registry.npmjs.org/ws/-/ws-8.8.0.tgz"
 
+ws@^7.3.1, ws@^7.4.5, ws@^7.4.6:
+  version "7.5.7"
+  resolved "https://registry.npmjs.org/ws/-/ws-7.5.7.tgz"
+
 xregexp@2.0.0:
   version "2.0.0"
   resolved "https://registry.npmjs.org/xregexp/-/xregexp-2.0.0.tgz"