diff --git a/.changelog/v0.49.0/breaking-changes/1014-better-client-id-new.md b/.changelog/v0.49.1/breaking-changes/1014-better-client-id-new.md
similarity index 100%
rename from .changelog/v0.49.0/breaking-changes/1014-better-client-id-new.md
rename to .changelog/v0.49.1/breaking-changes/1014-better-client-id-new.md
diff --git a/.changelog/v0.49.0/breaking-changes/837-split-sent-coins-method copy.md b/.changelog/v0.49.1/breaking-changes/837-split-sent-coins-method copy.md
similarity index 100%
rename from .changelog/v0.49.0/breaking-changes/837-split-sent-coins-method copy.md
rename to .changelog/v0.49.1/breaking-changes/837-split-sent-coins-method copy.md
diff --git a/.changelog/v0.49.0/breaking-changes/839-add-memo-field-for-token-escrow.md b/.changelog/v0.49.1/breaking-changes/839-add-memo-field-for-token-escrow.md
similarity index 100%
rename from .changelog/v0.49.0/breaking-changes/839-add-memo-field-for-token-escrow.md
rename to .changelog/v0.49.1/breaking-changes/839-add-memo-field-for-token-escrow.md
diff --git a/.changelog/v0.49.0/breaking-changes/978-identifier-error.md b/.changelog/v0.49.1/breaking-changes/978-identifier-error.md
similarity index 100%
rename from .changelog/v0.49.0/breaking-changes/978-identifier-error.md
rename to .changelog/v0.49.1/breaking-changes/978-identifier-error.md
diff --git a/.changelog/v0.49.0/breaking-changes/993-bump-ibc-proto-rs.md b/.changelog/v0.49.1/breaking-changes/993-bump-ibc-proto-rs.md
similarity index 100%
rename from .changelog/v0.49.0/breaking-changes/993-bump-ibc-proto-rs.md
rename to .changelog/v0.49.1/breaking-changes/993-bump-ibc-proto-rs.md
diff --git a/.changelog/v0.49.0/breaking-changes/997-minimize-prost-dependency.md b/.changelog/v0.49.1/breaking-changes/997-minimize-prost-dependency.md
similarity index 100%
rename from .changelog/v0.49.0/breaking-changes/997-minimize-prost-dependency.md
rename to .changelog/v0.49.1/breaking-changes/997-minimize-prost-dependency.md
diff --git a/.changelog/v0.49.0/features/1008-commitment-proof-bytes-as-ref.md b/.changelog/v0.49.1/features/1008-commitment-proof-bytes-as-ref.md
similarity index 100%
rename from .changelog/v0.49.0/features/1008-commitment-proof-bytes-as-ref.md
rename to .changelog/v0.49.1/features/1008-commitment-proof-bytes-as-ref.md
diff --git a/.changelog/v0.49.0/improvements/1005-status-verify-active.md b/.changelog/v0.49.1/improvements/1005-status-verify-active.md
similarity index 100%
rename from .changelog/v0.49.0/improvements/1005-status-verify-active.md
rename to .changelog/v0.49.1/improvements/1005-status-verify-active.md
diff --git a/.changelog/v0.49.0/improvements/1011-status-verify-active.md b/.changelog/v0.49.1/improvements/1011-status-verify-active.md
similarity index 100%
rename from .changelog/v0.49.0/improvements/1011-status-verify-active.md
rename to .changelog/v0.49.1/improvements/1011-status-verify-active.md
diff --git a/.changelog/v0.49.0/improvements/1017-use-global-paths-in-generated-code.md b/.changelog/v0.49.1/improvements/1017-use-global-paths-in-generated-code.md
similarity index 100%
rename from .changelog/v0.49.0/improvements/1017-use-global-paths-in-generated-code.md
rename to .changelog/v0.49.1/improvements/1017-use-global-paths-in-generated-code.md
diff --git a/.changelog/v0.49.0/improvements/992-more-rigorous-cosmwasm-check.md b/.changelog/v0.49.1/improvements/992-more-rigorous-cosmwasm-check.md
similarity index 100%
rename from .changelog/v0.49.0/improvements/992-more-rigorous-cosmwasm-check.md
rename to .changelog/v0.49.1/improvements/992-more-rigorous-cosmwasm-check.md
diff --git a/.changelog/v0.49.0/improvements/993-streamline-msg-trait.md b/.changelog/v0.49.1/improvements/993-streamline-msg-trait.md
similarity index 100%
rename from .changelog/v0.49.0/improvements/993-streamline-msg-trait.md
rename to .changelog/v0.49.1/improvements/993-streamline-msg-trait.md
diff --git a/.changelog/v0.49.0/improvements/996-custom-chain-id-deserialization.md b/.changelog/v0.49.1/improvements/996-custom-chain-id-deserialization.md
similarity index 100%
rename from .changelog/v0.49.0/improvements/996-custom-chain-id-deserialization.md
rename to .changelog/v0.49.1/improvements/996-custom-chain-id-deserialization.md
diff --git a/.changelog/v0.49.0/summary.md b/.changelog/v0.49.1/summary.md
similarity index 100%
rename from .changelog/v0.49.0/summary.md
rename to .changelog/v0.49.1/summary.md
diff --git a/.github/workflows/release.yaml b/.github/workflows/release.yaml
index 50c7ca721b..7887221fb2 100644
--- a/.github/workflows/release.yaml
+++ b/.github/workflows/release.yaml
@@ -27,10 +27,10 @@ jobs:
     steps:
       - name: Checkout code
         uses: actions/checkout@v4
-      - name: Cache cargo dependencies
-        uses: Swatinem/rust-cache@v2
       - name: Install cargo-release
         run: cargo install cargo-release
+      - name: Cache cargo dependencies
+        uses: Swatinem/rust-cache@v2
       - name: Publish crates (dry run)
         run: cargo release --workspace --no-push --no-tag --no-publish --exclude ibc-derive
         env:
@@ -43,14 +43,12 @@ jobs:
     steps:
       - name: Checkout code
         uses: actions/checkout@v4
-        with:
-          ref: ${{ github.event.ref }}
-      - name: Cache cargo dependencies
-        uses: Swatinem/rust-cache@v2
       - name: Install cargo-release
         run: cargo install cargo-release
+      - name: Cache cargo dependencies
+        uses: Swatinem/rust-cache@v2
       - name: Publish crates
-        run: cargo release --workspace --no-push --no-tag --exclude ibc-derive --execute
+        run: cargo release --workspace --no-push --no-tag --exclude ibc-derive --allow-branch HEAD --execute
         env:
           CRATES_TOKEN: ${{ secrets.CRATES_TOKEN }}
   
@@ -62,8 +60,6 @@ jobs:
       contents: write
     steps:
       - uses: actions/checkout@v4
-        with:
-          ref: ${{ github.event.ref }}
       - uses: taiki-e/create-gh-release-action@v1
         with:
           token: ${{ secrets.GITHUB_TOKEN }}
diff --git a/.github/workflows/rust.yml b/.github/workflows/rust.yml
index d343d327ba..2feef2028f 100644
--- a/.github/workflows/rust.yml
+++ b/.github/workflows/rust.yml
@@ -47,6 +47,22 @@ jobs:
         GITHUB_TOKEN: "${{ secrets.GITHUB_TOKEN }}"
     if: "!startsWith(github.ref, 'refs/tags/') && github.ref != 'refs/heads/main'"
 
+  check-features:
+    name: Check features
+    runs-on: ubuntu-latest
+    timeout-minutes: 60
+    steps:
+      - uses: actions/checkout@v4
+      - uses: actions-rs/toolchain@v1
+        with:
+          toolchain: stable
+          override: true
+      - name: Install cargo-hack
+        uses: taiki-e/install-action@cargo-hack
+      - uses: Swatinem/rust-cache@v2
+      - name: Run cargo hack
+        run: cargo hack check --workspace --feature-powerset --exclude-features default
+
   nightly_fmt:
     runs-on: ubuntu-latest
     steps:
@@ -60,62 +76,64 @@ jobs:
         with:
           command: fmt
           args: --all -- --check
-  
-  doc_all_features:
+
+  clippy_all_features:
     runs-on: ubuntu-latest
     steps:
       - uses: actions/checkout@v2
       - uses: actions-rs/toolchain@v1
         with:
           toolchain: stable
+          components: clippy
           override: true
-      - uses: actions-rs/cargo@v1
+      - uses: Swatinem/rust-cache@v1
+      - uses: actions-rs/clippy-check@v1
         with:
-          command: doc
-          args: --all-features --release
-    
-  doc_no_default_features:
+          token: ${{ secrets.GITHUB_TOKEN }}
+          args: --all-features --all-targets
+
+  clippy_no_default_features:
     runs-on: ubuntu-latest
     steps:
       - uses: actions/checkout@v2
       - uses: actions-rs/toolchain@v1
         with:
           toolchain: stable
+          components: clippy
           override: true
-      - uses: actions-rs/cargo@v1
+      - uses: Swatinem/rust-cache@v1
+      - uses: actions-rs/clippy-check@v1
         with:
-          command: doc
-          args: --no-default-features --release
+          token: ${{ secrets.GITHUB_TOKEN }}
+          args: --no-default-features --lib
 
-  clippy_all_features:
+  doc_all_features:
     runs-on: ubuntu-latest
     steps:
       - uses: actions/checkout@v2
       - uses: actions-rs/toolchain@v1
         with:
           toolchain: stable
-          components: clippy
           override: true
       - uses: Swatinem/rust-cache@v1
-      - uses: actions-rs/clippy-check@v1
+      - uses: actions-rs/cargo@v1
         with:
-          token: ${{ secrets.GITHUB_TOKEN }}
-          args: --all-features --all-targets
-
-  clippy_no_default_features:
+          command: doc
+          args: --all-features --release
+    
+  doc_no_default_features:
     runs-on: ubuntu-latest
     steps:
       - uses: actions/checkout@v2
       - uses: actions-rs/toolchain@v1
         with:
           toolchain: stable
-          components: clippy
           override: true
       - uses: Swatinem/rust-cache@v1
-      - uses: actions-rs/clippy-check@v1
+      - uses: actions-rs/cargo@v1
         with:
-          token: ${{ secrets.GITHUB_TOKEN }}
-          args: --no-default-features --lib
+          command: doc
+          args: --no-default-features --release
 
   test-stable:
     runs-on: ubuntu-latest
diff --git a/CHANGELOG.md b/CHANGELOG.md
index 98f8b067ec..e160061feb 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,6 +1,6 @@
 # CHANGELOG
 
-## v0.49.0
+## v0.49.1
 
 *January 3, 2024*
 
diff --git a/Cargo.toml b/Cargo.toml
index d4df501c3d..39f779901a 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -37,7 +37,7 @@ exclude = [
 ]
 
 [workspace.package]
-version      = "0.49.0"
+version      = "0.49.1"
 license      = "Apache-2.0"
 edition      = "2021"
 rust-version = "1.64"
@@ -58,33 +58,33 @@ serde_json          = { package = "serde-json-wasm", version = "1.0.0", default-
 subtle-encoding     = { version = "0.5", default-features = false }
 
 # ibc dependencies
-ibc                 = { version = "0.49.0", path = "./ibc", default-features = false }
-ibc-core            = { version = "0.49.0", path = "./ibc-core", default-features = false }
-ibc-clients         = { version = "0.49.0", path = "./ibc-clients", default-features = false }
-ibc-apps            = { version = "0.49.0", path = "./ibc-apps", default-features = false }
-ibc-primitives      = { version = "0.49.0", path = "./ibc-primitives", default-features = false }
+ibc                 = { version = "0.49.1", path = "./ibc", default-features = false }
+ibc-core            = { version = "0.49.1", path = "./ibc-core", default-features = false }
+ibc-clients         = { version = "0.49.1", path = "./ibc-clients", default-features = false }
+ibc-apps            = { version = "0.49.1", path = "./ibc-apps", default-features = false }
+ibc-primitives      = { version = "0.49.1", path = "./ibc-primitives", default-features = false }
 ibc-derive          = { version = "0.5.0", path = "./ibc-derive" }
 
-ibc-core-client       = { version = "0.49.0", path = "./ibc-core/ics02-client", default-features = false }
-ibc-core-connection   = { version = "0.49.0", path = "./ibc-core/ics03-connection", default-features = false }
-ibc-core-channel      = { version = "0.49.0", path = "./ibc-core/ics04-channel", default-features = false }
-ibc-core-host         = { version = "0.49.0", path = "./ibc-core/ics24-host", default-features = false }
-ibc-core-handler      = { version = "0.49.0", path = "./ibc-core/ics25-handler", default-features = false }
-ibc-core-router       = { version = "0.49.0", path = "./ibc-core/ics26-routing", default-features = false }
-ibc-client-tendermint = { version = "0.49.0", path = "./ibc-clients/ics07-tendermint", default-features = false }
-ibc-app-transfer      = { version = "0.49.0", path = "./ibc-apps/ics20-transfer", default-features = false }
+ibc-core-client       = { version = "0.49.1", path = "./ibc-core/ics02-client", default-features = false }
+ibc-core-connection   = { version = "0.49.1", path = "./ibc-core/ics03-connection", default-features = false }
+ibc-core-channel      = { version = "0.49.1", path = "./ibc-core/ics04-channel", default-features = false }
+ibc-core-host         = { version = "0.49.1", path = "./ibc-core/ics24-host", default-features = false }
+ibc-core-handler      = { version = "0.49.1", path = "./ibc-core/ics25-handler", default-features = false }
+ibc-core-router       = { version = "0.49.1", path = "./ibc-core/ics26-routing", default-features = false }
+ibc-client-tendermint = { version = "0.49.1", path = "./ibc-clients/ics07-tendermint", default-features = false }
+ibc-app-transfer      = { version = "0.49.1", path = "./ibc-apps/ics20-transfer", default-features = false }
 
-ibc-core-client-context     = { version = "0.49.0", path = "./ibc-core/ics02-client/context", default-features = false }
-ibc-core-client-types       = { version = "0.49.0", path = "./ibc-core/ics02-client/types", default-features = false }
-ibc-core-channel-types      = { version = "0.49.0", path = "./ibc-core/ics04-channel/types", default-features = false }
-ibc-core-connection-types   = { version = "0.49.0", path = "./ibc-core/ics03-connection/types", default-features = false }
-ibc-core-commitment-types   = { version = "0.49.0", path = "./ibc-core/ics23-commitment/types", default-features = false }
-ibc-core-host-cosmos        = { version = "0.49.0", path = "./ibc-core/ics24-host/cosmos", default-features = false }
-ibc-core-host-types         = { version = "0.49.0", path = "./ibc-core/ics24-host/types", default-features = false }
-ibc-core-handler-types      = { version = "0.49.0", path = "./ibc-core/ics25-handler/types", default-features = false }
-ibc-core-router-types       = { version = "0.49.0", path = "./ibc-core/ics26-routing/types", default-features = false }
-ibc-client-tendermint-types = { version = "0.49.0", path = "./ibc-clients/ics07-tendermint/types", default-features = false }
-ibc-app-transfer-types      = { version = "0.49.0", path = "./ibc-apps/ics20-transfer/types", default-features = false }
+ibc-core-client-context     = { version = "0.49.1", path = "./ibc-core/ics02-client/context", default-features = false }
+ibc-core-client-types       = { version = "0.49.1", path = "./ibc-core/ics02-client/types", default-features = false }
+ibc-core-channel-types      = { version = "0.49.1", path = "./ibc-core/ics04-channel/types", default-features = false }
+ibc-core-connection-types   = { version = "0.49.1", path = "./ibc-core/ics03-connection/types", default-features = false }
+ibc-core-commitment-types   = { version = "0.49.1", path = "./ibc-core/ics23-commitment/types", default-features = false }
+ibc-core-host-cosmos        = { version = "0.49.1", path = "./ibc-core/ics24-host/cosmos", default-features = false }
+ibc-core-host-types         = { version = "0.49.1", path = "./ibc-core/ics24-host/types", default-features = false }
+ibc-core-handler-types      = { version = "0.49.1", path = "./ibc-core/ics25-handler/types", default-features = false }
+ibc-core-router-types       = { version = "0.49.1", path = "./ibc-core/ics26-routing/types", default-features = false }
+ibc-client-tendermint-types = { version = "0.49.1", path = "./ibc-clients/ics07-tendermint/types", default-features = false }
+ibc-app-transfer-types      = { version = "0.49.1", path = "./ibc-apps/ics20-transfer/types", default-features = false }
 
 ibc-proto = { version = "0.39.1", default-features = false }
 
diff --git a/ci/cw-check/Cargo.lock b/ci/cw-check/Cargo.lock
index 5f536b35f2..db9fd1b489 100644
--- a/ci/cw-check/Cargo.lock
+++ b/ci/cw-check/Cargo.lock
@@ -610,7 +610,7 @@ dependencies = [
 
 [[package]]
 name = "ibc-app-transfer"
-version = "0.48.2"
+version = "0.49.1"
 dependencies = [
  "ibc-app-transfer-types",
  "ibc-core",
@@ -619,7 +619,7 @@ dependencies = [
 
 [[package]]
 name = "ibc-app-transfer-types"
-version = "0.48.2"
+version = "0.49.1"
 dependencies = [
  "derive_more",
  "displaydoc",
@@ -634,14 +634,14 @@ dependencies = [
 
 [[package]]
 name = "ibc-apps"
-version = "0.48.2"
+version = "0.49.1"
 dependencies = [
  "ibc-app-transfer",
 ]
 
 [[package]]
 name = "ibc-core"
-version = "0.48.2"
+version = "0.49.1"
 dependencies = [
  "ibc-core-channel",
  "ibc-core-client",
@@ -655,7 +655,7 @@ dependencies = [
 
 [[package]]
 name = "ibc-core-channel"
-version = "0.48.2"
+version = "0.49.1"
 dependencies = [
  "ibc-core-channel-types",
  "ibc-core-client",
@@ -669,7 +669,7 @@ dependencies = [
 
 [[package]]
 name = "ibc-core-channel-types"
-version = "0.48.2"
+version = "0.49.1"
 dependencies = [
  "derive_more",
  "displaydoc",
@@ -690,7 +690,7 @@ dependencies = [
 
 [[package]]
 name = "ibc-core-client"
-version = "0.48.2"
+version = "0.49.1"
 dependencies = [
  "ibc-core-client-context",
  "ibc-core-client-types",
@@ -702,7 +702,7 @@ dependencies = [
 
 [[package]]
 name = "ibc-core-client-context"
-version = "0.48.2"
+version = "0.49.1"
 dependencies = [
  "derive_more",
  "displaydoc",
@@ -718,7 +718,7 @@ dependencies = [
 
 [[package]]
 name = "ibc-core-client-types"
-version = "0.48.2"
+version = "0.49.1"
 dependencies = [
  "derive_more",
  "displaydoc",
@@ -736,7 +736,7 @@ dependencies = [
 
 [[package]]
 name = "ibc-core-commitment-types"
-version = "0.48.2"
+version = "0.49.1"
 dependencies = [
  "derive_more",
  "displaydoc",
@@ -752,7 +752,7 @@ dependencies = [
 
 [[package]]
 name = "ibc-core-connection"
-version = "0.48.2"
+version = "0.49.1"
 dependencies = [
  "ibc-core-client",
  "ibc-core-connection-types",
@@ -763,7 +763,7 @@ dependencies = [
 
 [[package]]
 name = "ibc-core-connection-types"
-version = "0.48.2"
+version = "0.49.1"
 dependencies = [
  "derive_more",
  "displaydoc",
@@ -782,7 +782,7 @@ dependencies = [
 
 [[package]]
 name = "ibc-core-handler"
-version = "0.48.2"
+version = "0.49.1"
 dependencies = [
  "ibc-core-channel",
  "ibc-core-client",
@@ -796,7 +796,7 @@ dependencies = [
 
 [[package]]
 name = "ibc-core-handler-types"
-version = "0.48.2"
+version = "0.49.1"
 dependencies = [
  "derive_more",
  "displaydoc",
@@ -818,7 +818,7 @@ dependencies = [
 
 [[package]]
 name = "ibc-core-host"
-version = "0.48.2"
+version = "0.49.1"
 dependencies = [
  "derive_more",
  "displaydoc",
@@ -835,7 +835,7 @@ dependencies = [
 
 [[package]]
 name = "ibc-core-host-types"
-version = "0.48.2"
+version = "0.49.1"
 dependencies = [
  "derive_more",
  "displaydoc",
@@ -848,7 +848,7 @@ dependencies = [
 
 [[package]]
 name = "ibc-core-router"
-version = "0.48.2"
+version = "0.49.1"
 dependencies = [
  "derive_more",
  "displaydoc",
@@ -861,7 +861,7 @@ dependencies = [
 
 [[package]]
 name = "ibc-core-router-types"
-version = "0.48.2"
+version = "0.49.1"
 dependencies = [
  "derive_more",
  "displaydoc",
@@ -878,7 +878,7 @@ dependencies = [
 
 [[package]]
 name = "ibc-derive"
-version = "0.4.0"
+version = "0.5.0"
 dependencies = [
  "darling",
  "proc-macro2",
@@ -888,7 +888,7 @@ dependencies = [
 
 [[package]]
 name = "ibc-primitives"
-version = "0.48.2"
+version = "0.49.1"
 dependencies = [
  "derive_more",
  "displaydoc",
diff --git a/ci/no-std-check/Cargo.lock b/ci/no-std-check/Cargo.lock
index 5b6bbc27a1..40f4a67b21 100644
--- a/ci/no-std-check/Cargo.lock
+++ b/ci/no-std-check/Cargo.lock
@@ -1213,7 +1213,7 @@ dependencies = [
 
 [[package]]
 name = "ibc"
-version = "0.48.2"
+version = "0.49.1"
 dependencies = [
  "ibc-apps",
  "ibc-clients",
@@ -1225,7 +1225,7 @@ dependencies = [
 
 [[package]]
 name = "ibc-app-transfer"
-version = "0.48.2"
+version = "0.49.1"
 dependencies = [
  "ibc-app-transfer-types",
  "ibc-core",
@@ -1234,7 +1234,7 @@ dependencies = [
 
 [[package]]
 name = "ibc-app-transfer-types"
-version = "0.48.2"
+version = "0.49.1"
 dependencies = [
  "derive_more",
  "displaydoc",
@@ -1247,14 +1247,14 @@ dependencies = [
 
 [[package]]
 name = "ibc-apps"
-version = "0.48.2"
+version = "0.49.1"
 dependencies = [
  "ibc-app-transfer",
 ]
 
 [[package]]
 name = "ibc-client-tendermint"
-version = "0.48.2"
+version = "0.49.1"
 dependencies = [
  "ibc-client-tendermint-types",
  "ibc-core-client",
@@ -1269,7 +1269,7 @@ dependencies = [
 
 [[package]]
 name = "ibc-client-tendermint-types"
-version = "0.48.2"
+version = "0.49.1"
 dependencies = [
  "displaydoc",
  "ibc-core-client-types",
@@ -1285,14 +1285,14 @@ dependencies = [
 
 [[package]]
 name = "ibc-clients"
-version = "0.48.2"
+version = "0.49.1"
 dependencies = [
  "ibc-client-tendermint",
 ]
 
 [[package]]
 name = "ibc-core"
-version = "0.48.2"
+version = "0.49.1"
 dependencies = [
  "ibc-core-channel",
  "ibc-core-client",
@@ -1306,7 +1306,7 @@ dependencies = [
 
 [[package]]
 name = "ibc-core-channel"
-version = "0.48.2"
+version = "0.49.1"
 dependencies = [
  "ibc-core-channel-types",
  "ibc-core-client",
@@ -1320,7 +1320,7 @@ dependencies = [
 
 [[package]]
 name = "ibc-core-channel-types"
-version = "0.48.2"
+version = "0.49.1"
 dependencies = [
  "derive_more",
  "displaydoc",
@@ -1338,7 +1338,7 @@ dependencies = [
 
 [[package]]
 name = "ibc-core-client"
-version = "0.48.2"
+version = "0.49.1"
 dependencies = [
  "ibc-core-client-context",
  "ibc-core-client-types",
@@ -1350,7 +1350,7 @@ dependencies = [
 
 [[package]]
 name = "ibc-core-client-context"
-version = "0.48.2"
+version = "0.49.1"
 dependencies = [
  "derive_more",
  "displaydoc",
@@ -1366,7 +1366,7 @@ dependencies = [
 
 [[package]]
 name = "ibc-core-client-types"
-version = "0.48.2"
+version = "0.49.1"
 dependencies = [
  "derive_more",
  "displaydoc",
@@ -1381,7 +1381,7 @@ dependencies = [
 
 [[package]]
 name = "ibc-core-commitment-types"
-version = "0.48.2"
+version = "0.49.1"
 dependencies = [
  "derive_more",
  "displaydoc",
@@ -1394,7 +1394,7 @@ dependencies = [
 
 [[package]]
 name = "ibc-core-connection"
-version = "0.48.2"
+version = "0.49.1"
 dependencies = [
  "ibc-core-client",
  "ibc-core-connection-types",
@@ -1405,7 +1405,7 @@ dependencies = [
 
 [[package]]
 name = "ibc-core-connection-types"
-version = "0.48.2"
+version = "0.49.1"
 dependencies = [
  "derive_more",
  "displaydoc",
@@ -1421,7 +1421,7 @@ dependencies = [
 
 [[package]]
 name = "ibc-core-handler"
-version = "0.48.2"
+version = "0.49.1"
 dependencies = [
  "ibc-core-channel",
  "ibc-core-client",
@@ -1435,7 +1435,7 @@ dependencies = [
 
 [[package]]
 name = "ibc-core-handler-types"
-version = "0.48.2"
+version = "0.49.1"
 dependencies = [
  "derive_more",
  "displaydoc",
@@ -1454,7 +1454,7 @@ dependencies = [
 
 [[package]]
 name = "ibc-core-host"
-version = "0.48.2"
+version = "0.49.1"
 dependencies = [
  "derive_more",
  "displaydoc",
@@ -1471,7 +1471,7 @@ dependencies = [
 
 [[package]]
 name = "ibc-core-host-cosmos"
-version = "0.48.2"
+version = "0.49.1"
 dependencies = [
  "derive_more",
  "displaydoc",
@@ -1493,7 +1493,7 @@ dependencies = [
 
 [[package]]
 name = "ibc-core-host-types"
-version = "0.48.2"
+version = "0.49.1"
 dependencies = [
  "derive_more",
  "displaydoc",
@@ -1503,7 +1503,7 @@ dependencies = [
 
 [[package]]
 name = "ibc-core-router"
-version = "0.48.2"
+version = "0.49.1"
 dependencies = [
  "derive_more",
  "displaydoc",
@@ -1516,14 +1516,13 @@ dependencies = [
 
 [[package]]
 name = "ibc-core-router-types"
-version = "0.48.2"
+version = "0.49.1"
 dependencies = [
  "derive_more",
  "displaydoc",
  "ibc-core-host-types",
  "ibc-primitives",
  "ibc-proto",
- "ics23",
  "serde",
  "subtle-encoding",
  "tendermint",
@@ -1531,7 +1530,7 @@ dependencies = [
 
 [[package]]
 name = "ibc-derive"
-version = "0.4.0"
+version = "0.5.0"
 dependencies = [
  "darling",
  "proc-macro2",
@@ -1541,7 +1540,7 @@ dependencies = [
 
 [[package]]
 name = "ibc-primitives"
-version = "0.48.2"
+version = "0.49.1"
 dependencies = [
  "derive_more",
  "displaydoc",
diff --git a/ibc-apps/ics20-transfer/types/src/error.rs b/ibc-apps/ics20-transfer/types/src/error.rs
index f4b06aee52..2ef3f732ac 100644
--- a/ibc-apps/ics20-transfer/types/src/error.rs
+++ b/ibc-apps/ics20-transfer/types/src/error.rs
@@ -11,8 +11,6 @@ use ibc_core::host::types::identifiers::{ChannelId, PortId};
 use ibc_core::primitives::prelude::*;
 use uint::FromDecStrErr;
 
-use crate::Amount;
-
 #[derive(Display, Debug)]
 pub enum TokenTransferError {
     /// context error: `{0}`
@@ -21,8 +19,8 @@ pub enum TokenTransferError {
     InvalidIdentifier(IdentifierError),
     /// insufficient funds: tried to send `{send_attempt}`, sender only has `{available_funds}`
     InsufficientFunds {
-        send_attempt: Amount,
-        available_funds: Amount,
+        send_attempt: String,
+        available_funds: String,
     },
     /// destination channel not found in the counterparty of port_id `{port_id}` and channel_id `{channel_id}`
     DestinationChannelNotFound {