diff --git a/Cargo.lock b/Cargo.lock
index af22693e..affef9f3 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -219,6 +219,32 @@ dependencies = [
  "cc",
 ]
 
+[[package]]
+name = "aws-lc-rs"
+version = "1.11.1"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "f47bb8cc16b669d267eeccf585aea077d0882f4777b1c1f740217885d6e6e5a3"
+dependencies = [
+ "aws-lc-sys",
+ "paste",
+ "zeroize",
+]
+
+[[package]]
+name = "aws-lc-sys"
+version = "0.23.1"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "a2101df3813227bbaaaa0b04cd61c534c7954b22bd68d399b440be937dc63ff7"
+dependencies = [
+ "bindgen",
+ "cc",
+ "cmake",
+ "dunce",
+ "fs_extra",
+ "libc",
+ "paste",
+]
+
 [[package]]
 name = "axum"
 version = "0.6.20"
@@ -326,6 +352,16 @@ dependencies = [
  "windows-targets 0.52.6",
 ]
 
+[[package]]
+name = "base58ck"
+version = "0.1.0"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "2c8d66485a3a2ea485c1913c4572ce0256067a5377ac8c75c4960e1cda98605f"
+dependencies = [
+ "bitcoin-internals",
+ "bitcoin_hashes 0.14.0",
+]
+
 [[package]]
 name = "base64"
 version = "0.13.1"
@@ -358,8 +394,8 @@ checksum = "2fc1fc1a92e0943bfbcd6eb7d32c1b2a79f2f1357eb1e2eee9d7f36d6d7ca44a"
 dependencies = [
  "async-trait",
  "bdk-macros",
- "bitcoin",
- "electrum-client",
+ "bitcoin 0.30.2",
+ "electrum-client 0.18.0",
  "getrandom",
  "js-sys",
  "log",
@@ -388,6 +424,35 @@ version = "0.9.1"
 source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "d86b93f97252c47b41663388e6d155714a9d0c398b99f1005cbc5f978b29f445"
 
+[[package]]
+name = "bech32"
+version = "0.11.0"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "d965446196e3b7decd44aa7ee49e31d630118f90ef12f97900f262eb915c951d"
+
+[[package]]
+name = "bindgen"
+version = "0.69.5"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "271383c67ccabffb7381723dea0672a673f292304fcb45c01cc648c7a8d58088"
+dependencies = [
+ "bitflags 2.6.0",
+ "cexpr",
+ "clang-sys",
+ "itertools 0.12.1",
+ "lazy_static",
+ "lazycell",
+ "log",
+ "prettyplease",
+ "proc-macro2",
+ "quote",
+ "regex",
+ "rustc-hash 1.1.0",
+ "shlex",
+ "syn 2.0.89",
+ "which",
+]
+
 [[package]]
 name = "bit-set"
 version = "0.8.0"
@@ -410,20 +475,63 @@ source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "1945a5048598e4189e239d3f809b19bdad4845c4b2ba400d304d2dcf26d2c462"
 dependencies = [
  "base64 0.13.1",
- "bech32",
+ "bech32 0.9.1",
  "bitcoin-private",
- "bitcoin_hashes",
+ "bitcoin_hashes 0.12.0",
  "hex_lit",
- "secp256k1",
+ "secp256k1 0.27.0",
  "serde",
 ]
 
+[[package]]
+name = "bitcoin"
+version = "0.32.4"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "788902099d47c8682efe6a7afb01c8d58b9794ba66c06affd81c3d6b560743eb"
+dependencies = [
+ "base58ck",
+ "bech32 0.11.0",
+ "bitcoin-internals",
+ "bitcoin-io",
+ "bitcoin-units",
+ "bitcoin_hashes 0.14.0",
+ "hex-conservative",
+ "hex_lit",
+ "secp256k1 0.29.1",
+ "serde",
+]
+
+[[package]]
+name = "bitcoin-internals"
+version = "0.3.0"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "30bdbe14aa07b06e6cfeffc529a1f099e5fbe249524f8125358604df99a4bed2"
+dependencies = [
+ "serde",
+]
+
+[[package]]
+name = "bitcoin-io"
+version = "0.1.3"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "0b47c4ab7a93edb0c7198c5535ed9b52b63095f4e9b45279c6736cec4b856baf"
+
 [[package]]
 name = "bitcoin-private"
 version = "0.1.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "73290177011694f38ec25e165d0387ab7ea749a4b81cd4c80dae5988229f7a57"
 
+[[package]]
+name = "bitcoin-units"
+version = "0.1.2"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "5285c8bcaa25876d07f37e3d30c303f2609179716e11d688f51e8f1fe70063e2"
+dependencies = [
+ "bitcoin-internals",
+ "serde",
+]
+
 [[package]]
 name = "bitcoin_hashes"
 version = "0.12.0"
@@ -434,6 +542,17 @@ dependencies = [
  "serde",
 ]
 
+[[package]]
+name = "bitcoin_hashes"
+version = "0.14.0"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "bb18c03d0db0247e147a21a6faafd5a7eb851c743db062de72018b6b7e8e4d16"
+dependencies = [
+ "bitcoin-io",
+ "hex-conservative",
+ "serde",
+]
+
 [[package]]
 name = "bitcoincore-rpc"
 version = "0.17.0"
@@ -454,7 +573,7 @@ version = "0.17.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "d30ce6f40fb0a2e8d98522796219282504b7a4b14e2b4c26139a7bea6aec6586"
 dependencies = [
- "bitcoin",
+ "bitcoin 0.30.2",
  "bitcoin-private",
  "serde",
  "serde_json",
@@ -532,7 +651,7 @@ dependencies = [
  "chrono",
  "clap",
  "derive_builder",
- "electrum-client",
+ "electrum-client 0.22.0",
  "fedimint-tonic-lnd",
  "futures",
  "hex",
@@ -655,9 +774,20 @@ version = "1.2.1"
 source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "fd9de9f2205d5ef3fd67e685b0df337994ddd4495e2a28d185500d0e1edfea47"
 dependencies = [
+ "jobserver",
+ "libc",
  "shlex",
 ]
 
+[[package]]
+name = "cexpr"
+version = "0.6.0"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "6fac387a98bb7c37292057cffc56d62ecb629900026402633ae9160df93a8766"
+dependencies = [
+ "nom",
+]
+
 [[package]]
 name = "cfg-if"
 version = "1.0.0"
@@ -720,6 +850,17 @@ dependencies = [
  "zeroize",
 ]
 
+[[package]]
+name = "clang-sys"
+version = "1.8.1"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "0b023947811758c97c59bf9d1c188fd619ad4718dcaa767947df1cadb14f39f4"
+dependencies = [
+ "glob",
+ "libc",
+ "libloading",
+]
+
 [[package]]
 name = "clap"
 version = "4.5.21"
@@ -760,6 +901,15 @@ version = "0.7.3"
 source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "afb84c814227b90d6895e01398aee0d8033c00e7466aca416fb6a8e0eb19d8a7"
 
+[[package]]
+name = "cmake"
+version = "0.1.52"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "c682c223677e0e5b6b7f63a64b9351844c3f1b1678a68b7ee617e30fb082620e"
+dependencies = [
+ "cc",
+]
+
 [[package]]
 name = "colorchoice"
 version = "1.0.3"
@@ -977,6 +1127,12 @@ version = "0.15.7"
 source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "1aaf95b3e5c8f23aa320147307562d361db0ae0d51242340f558153b4eb2439b"
 
+[[package]]
+name = "dunce"
+version = "1.0.5"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "92773504d58c093f6de2459af4af33faa518c13451eb8f2b5698ed3d36e7c813"
+
 [[package]]
 name = "either"
 version = "1.13.0"
@@ -992,7 +1148,7 @@ version = "0.18.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "6bc133f1c8d829d254f013f946653cbeb2b08674b960146361d1e9b67733ad19"
 dependencies = [
- "bitcoin",
+ "bitcoin 0.30.2",
  "bitcoin-private",
  "byteorder",
  "libc",
@@ -1005,6 +1161,23 @@ dependencies = [
  "winapi",
 ]
 
+[[package]]
+name = "electrum-client"
+version = "0.22.0"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "d627e4feaf3009c10c8a0eb06d6ceb4ce1ff861849157fb35e8155d9706babb6"
+dependencies = [
+ "bitcoin 0.32.4",
+ "byteorder",
+ "libc",
+ "log",
+ "rustls 0.23.18",
+ "serde",
+ "serde_json",
+ "webpki-roots 0.25.4",
+ "winapi",
+]
+
 [[package]]
 name = "ena"
 version = "0.14.3"
@@ -1130,6 +1303,12 @@ dependencies = [
  "winapi",
 ]
 
+[[package]]
+name = "fs_extra"
+version = "1.3.0"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "42703706b716c37f96a77aea830392ad231f44c9e9a67872fa5548707e11b11c"
+
 [[package]]
 name = "funty"
 version = "2.0.0"
@@ -1370,6 +1549,15 @@ version = "0.4.3"
 source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "7f24254aa9a54b5c858eaee2f5bccdb46aaf0e486a595ed5fd8f86ba55232a70"
 
+[[package]]
+name = "hex-conservative"
+version = "0.2.1"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "5313b072ce3c597065a808dbf612c4c8e8590bdbf8b579508bf7a762c5eae6cd"
+dependencies = [
+ "arrayvec",
+]
+
 [[package]]
 name = "hex_lit"
 version = "0.1.1"
@@ -1845,6 +2033,15 @@ version = "1.0.14"
 source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "d75a2a4b1b190afb6f5425f10f6a8f959d2ea0b9c2b1d79553551850539e4674"
 
+[[package]]
+name = "jobserver"
+version = "0.1.32"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "48d1dbcbbeb6a7fec7e059840aa538bd62aaccf972c7346c4d9d2059312853d0"
+dependencies = [
+ "libc",
+]
+
 [[package]]
 name = "js-sys"
 version = "0.3.72"
@@ -1915,12 +2112,28 @@ dependencies = [
  "spin",
 ]
 
+[[package]]
+name = "lazycell"
+version = "1.3.0"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "830d08ce1d1d941e6b30645f1a0eb5643013d835ce3779a5fc208261dbe10f55"
+
 [[package]]
 name = "libc"
 version = "0.2.165"
 source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "fcb4d3d38eab6c5239a362fa8bae48c03baf980a6e7079f063942d563ef3533e"
 
+[[package]]
+name = "libloading"
+version = "0.8.5"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "4979f22fdb869068da03c9f7528f8297c6fd2606bc3a4affe42e6a823fdb8da4"
+dependencies = [
+ "cfg-if",
+ "windows-targets 0.52.6",
+]
+
 [[package]]
 name = "libm"
 version = "0.2.11"
@@ -2015,7 +2228,7 @@ version = "10.2.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "d371924f9eb7aa860ab395baaaa0bcdfa81a32f330b538c4e2c04617b2722fe3"
 dependencies = [
- "bitcoin",
+ "bitcoin 0.30.2",
  "bitcoin-private",
  "serde",
 ]
@@ -2616,7 +2829,7 @@ dependencies = [
  "pin-project-lite",
  "quinn-proto",
  "quinn-udp",
- "rustc-hash",
+ "rustc-hash 2.0.0",
  "rustls 0.23.18",
  "socket2",
  "thiserror 2.0.3",
@@ -2634,7 +2847,7 @@ dependencies = [
  "getrandom",
  "rand",
  "ring",
- "rustc-hash",
+ "rustc-hash 2.0.0",
  "rustls 0.23.18",
  "rustls-pki-types",
  "slab",
@@ -2961,6 +3174,12 @@ version = "0.1.24"
 source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "719b953e2095829ee67db738b3bfa9fa368c94900df327b3f07fe6e794d2fe1f"
 
+[[package]]
+name = "rustc-hash"
+version = "1.1.0"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "08d43f7aa6b08d49f382cde6a7982047c3426db949b1424bc4b7ec9ae12c6ce2"
+
 [[package]]
 name = "rustc-hash"
 version = "2.0.0"
@@ -2998,6 +3217,8 @@ version = "0.23.18"
 source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "9c9cc1d47e243d655ace55ed38201c19ae02c148ae56412ab8750e8f0166ab7f"
 dependencies = [
+ "aws-lc-rs",
+ "log",
  "once_cell",
  "ring",
  "rustls-pki-types",
@@ -3049,6 +3270,7 @@ version = "0.102.8"
 source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "64ca1bc8749bd4cf37b5ce386cc146580777b4e8572c7b97baf22c83f444bee9"
 dependencies = [
+ "aws-lc-rs",
  "ring",
  "rustls-pki-types",
  "untrusted",
@@ -3128,9 +3350,20 @@ version = "0.27.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "25996b82292a7a57ed3508f052cfff8640d38d32018784acd714758b43da9c8f"
 dependencies = [
- "bitcoin_hashes",
+ "bitcoin_hashes 0.12.0",
  "rand",
- "secp256k1-sys",
+ "secp256k1-sys 0.8.1",
+ "serde",
+]
+
+[[package]]
+name = "secp256k1"
+version = "0.29.1"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "9465315bc9d4566e1724f0fffcbcc446268cb522e60f9a27bcded6b19c108113"
+dependencies = [
+ "bitcoin_hashes 0.12.0",
+ "secp256k1-sys 0.10.1",
  "serde",
 ]
 
@@ -3143,6 +3376,15 @@ dependencies = [
  "cc",
 ]
 
+[[package]]
+name = "secp256k1-sys"
+version = "0.10.1"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "d4387882333d3aa8cb20530a17c69a3752e97837832f34f6dccc760e715001d9"
+dependencies = [
+ "cc",
+]
+
 [[package]]
 name = "serde"
 version = "1.0.215"
@@ -4593,6 +4835,12 @@ dependencies = [
  "webpki",
 ]
 
+[[package]]
+name = "webpki-roots"
+version = "0.25.4"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "5f20c57d8d7db6d3b86154206ae5d8fba62dd39573114de97c2cb0578251f8e1"
+
 [[package]]
 name = "webpki-roots"
 version = "0.26.7"
@@ -4602,6 +4850,18 @@ dependencies = [
  "rustls-pki-types",
 ]
 
+[[package]]
+name = "which"
+version = "4.4.2"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "87ba24419a2078cd2b0f2ede2691b6c66d8e47836da3b6db8265ebad47afbfc7"
+dependencies = [
+ "either",
+ "home",
+ "once_cell",
+ "rustix",
+]
+
 [[package]]
 name = "whoami"
 version = "1.5.2"
diff --git a/Cargo.toml b/Cargo.toml
index 4c30d2b3..0684c314 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -56,7 +56,7 @@ tracing = "0.1.40"
 tracing-opentelemetry = "0.28.0"
 tracing-subscriber = { version = "0.3.18", features = ["env-filter", "json"] }
 serde_with = "3.8.1"
-electrum-client = "0.18.0"
+electrum-client = "0.22.0"
 reqwest = { version = "0.12.5", default-features = false, features = [
     "json",
     "rustls-tls",