diff --git a/.changelog/unreleased/dependencies/1924-bump-ibc.md b/.changelog/unreleased/dependencies/1924-bump-ibc.md
deleted file mode 100644
index 8980dd3b9a..0000000000
--- a/.changelog/unreleased/dependencies/1924-bump-ibc.md
+++ /dev/null
@@ -1,3 +0,0 @@
-- Bump [ibc-go](https://github.com/cosmos/ibc-go) to
-  [v7.5.1](https://github.com/cosmos/ibc-go/releases/tag/v7.5.1).
-  ([\#1924](https://github.com/cosmos/interchain-security/pull/1924))
\ No newline at end of file
diff --git a/.changelog/unreleased/dependencies/1974-bump-ibc.md b/.changelog/unreleased/dependencies/1974-bump-ibc.md
new file mode 100644
index 0000000000..f8b953459e
--- /dev/null
+++ b/.changelog/unreleased/dependencies/1974-bump-ibc.md
@@ -0,0 +1,3 @@
+- Bump [ibc-go](https://github.com/cosmos/ibc-go) to
+  [v7.6.0](https://github.com/cosmos/ibc-go/releases/tag/v7.6.0).
+  ([\#1974](https://github.com/cosmos/interchain-security/pull/1974))
\ No newline at end of file
diff --git a/.changelog/unreleased/state-breaking/1974-bump-ibc.md b/.changelog/unreleased/state-breaking/1974-bump-ibc.md
new file mode 100644
index 0000000000..f8b953459e
--- /dev/null
+++ b/.changelog/unreleased/state-breaking/1974-bump-ibc.md
@@ -0,0 +1,3 @@
+- Bump [ibc-go](https://github.com/cosmos/ibc-go) to
+  [v7.6.0](https://github.com/cosmos/ibc-go/releases/tag/v7.6.0).
+  ([\#1974](https://github.com/cosmos/interchain-security/pull/1974))
\ No newline at end of file
diff --git a/go.mod b/go.mod
index 4ec104c1fa..c9512cbf61 100644
--- a/go.mod
+++ b/go.mod
@@ -7,9 +7,9 @@ require (
 	cosmossdk.io/math v1.3.0
 	github.com/cometbft/cometbft v0.37.6
 	github.com/cometbft/cometbft-db v0.11.0
-	github.com/cosmos/cosmos-sdk v0.47.11
+	github.com/cosmos/cosmos-sdk v0.47.12
 	github.com/cosmos/gogoproto v1.4.10
-	github.com/cosmos/ibc-go/v7 v7.5.1
+	github.com/cosmos/ibc-go/v7 v7.6.0
 	github.com/cosmos/ics23/go v0.10.0
 	github.com/golang/mock v1.6.0
 	github.com/golang/protobuf v1.5.4
diff --git a/go.sum b/go.sum
index cfa6b7926d..f32f489b19 100644
--- a/go.sum
+++ b/go.sum
@@ -335,8 +335,8 @@ github.com/cosmos/btcutil v1.0.5 h1:t+ZFcX77LpKtDBhjucvnOH8C2l2ioGsBNEQ3jef8xFk=
 github.com/cosmos/btcutil v1.0.5/go.mod h1:IyB7iuqZMJlthe2tkIFL33xPyzbFYP0XVdS8P5lUPis=
 github.com/cosmos/cosmos-proto v1.0.0-beta.5 h1:eNcayDLpip+zVLRLYafhzLvQlSmyab+RC5W7ZfmxJLA=
 github.com/cosmos/cosmos-proto v1.0.0-beta.5/go.mod h1:hQGLpiIUloJBMdQMMWb/4wRApmI9hjHH05nefC0Ojec=
-github.com/cosmos/cosmos-sdk v0.47.11 h1:0Qx7eORw0RJqPv+mvDuU8NQ1LV3nJJKJnPoYblWHolc=
-github.com/cosmos/cosmos-sdk v0.47.11/go.mod h1:ADjORYzUQqQv/FxDi0H0K5gW/rAk1CiDR3ZKsExfJV0=
+github.com/cosmos/cosmos-sdk v0.47.12 h1:KOZHAVWrcilHywBN/FabBaXbDFMzoFmtdX0hqy5Ory8=
+github.com/cosmos/cosmos-sdk v0.47.12/go.mod h1:ADjORYzUQqQv/FxDi0H0K5gW/rAk1CiDR3ZKsExfJV0=
 github.com/cosmos/go-bip39 v0.0.0-20180819234021-555e2067c45d/go.mod h1:tSxLoYXyBmiFeKpvmq4dzayMdCjCnu8uqmCysIGBT2Y=
 github.com/cosmos/go-bip39 v1.0.0 h1:pcomnQdrdH22njcAatO0yWojsUnCO3y2tNoV1cb6hHY=
 github.com/cosmos/go-bip39 v1.0.0/go.mod h1:RNJv0H/pOIVgxw6KS7QeX2a0Uo0aKUlfhZ4xuwvCdJw=
@@ -347,8 +347,8 @@ github.com/cosmos/gogoproto v1.4.10 h1:QH/yT8X+c0F4ZDacDv3z+xE3WU1P1Z3wQoLMBRJoK
 github.com/cosmos/gogoproto v1.4.10/go.mod h1:3aAZzeRWpAwr+SS/LLkICX2/kDFyaYVzckBDzygIxek=
 github.com/cosmos/iavl v0.20.1 h1:rM1kqeG3/HBT85vsZdoSNsehciqUQPWrR4BYmqE2+zg=
 github.com/cosmos/iavl v0.20.1/go.mod h1:WO7FyvaZJoH65+HFOsDir7xU9FWk2w9cHXNW1XHcl7A=
-github.com/cosmos/ibc-go/v7 v7.5.1 h1:KqS/g7W7EMX1OtOvufS8lWMJibOKpdgtNNZIU6fAgVU=
-github.com/cosmos/ibc-go/v7 v7.5.1/go.mod h1:ktFg5GvKOyrGCqTWtW7Grj5uweU4ZapxrNeVS1CLLbo=
+github.com/cosmos/ibc-go/v7 v7.6.0 h1:S1G5hcIVe9go+jQV6F9+I9yy+hylbJeLiVHUmktQNrM=
+github.com/cosmos/ibc-go/v7 v7.6.0/go.mod h1:LifBA7JHRHl95ujjHIaBEHmUqy2qCGyqDCXB7qmAsZk=
 github.com/cosmos/ics23/go v0.10.0 h1:iXqLLgp2Lp+EdpIuwXTYIQU+AiHj9mOC2X9ab++bZDM=
 github.com/cosmos/ics23/go v0.10.0/go.mod h1:ZfJSmng/TBNTBkFemHHHj5YY7VAU/MBU980F4VU1NG0=
 github.com/cosmos/ledger-cosmos-go v0.12.4 h1:drvWt+GJP7Aiw550yeb3ON/zsrgW0jgh5saFCr7pDnw=