diff --git a/Cargo.lock b/Cargo.lock
index 815470d026..5a348bfd06 100755
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -378,15 +378,15 @@ checksum = "1fd0f2584146f6f2ef48085050886acf353beff7305ebd1ae69500e27c67f64b"
 
 [[package]]
 name = "bytes"
-version = "1.6.0"
+version = "1.6.1"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "514de17de45fdb8dc022b1a7975556c53c86f9f0aa5f534b98977b171857c2c9"
+checksum = "a12916984aab3fa6e39d655a33e09c0071eb36d6ab3aea5c2d78551f1df6d952"
 
 [[package]]
 name = "cc"
-version = "1.0.104"
+version = "1.1.5"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "74b6a57f98764a267ff415d50a25e6e166f3831a5071af4995296ea97d210490"
+checksum = "324c74f2155653c90b04f25b2a47a8a631360cb908f92a772695f430c7e31052"
 
 [[package]]
 name = "cfg-if"
@@ -431,9 +431,9 @@ dependencies = [
 
 [[package]]
 name = "clap"
-version = "4.5.8"
+version = "4.5.9"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "84b3edb18336f4df585bc9aa31dd99c036dfa5dc5e9a2939a722a188f3a8970d"
+checksum = "64acc1846d54c1fe936a78dc189c34e28d3f5afc348403f28ecf53660b9b8462"
 dependencies = [
  "clap_builder",
  "clap_derive",
@@ -441,9 +441,9 @@ dependencies = [
 
 [[package]]
 name = "clap_builder"
-version = "4.5.8"
+version = "4.5.9"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "c1c09dd5ada6c6c78075d6fd0da3f90d8080651e2d6cc8eb2f1aaa4034ced708"
+checksum = "6fb8393d67ba2e7bfaf28a23458e4e2b543cc73a99595511eb207fdb8aede942"
 dependencies = [
  "anstream",
  "anstyle",
@@ -1378,9 +1378,9 @@ dependencies = [
 
 [[package]]
 name = "http-body"
-version = "1.0.0"
+version = "1.0.1"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "1cac85db508abc24a2e48553ba12a996e87244a0395ce011e62b37158745d643"
+checksum = "1efedce1fb8e6913f23e0c92de8e62cd5b772a67e7b3946df930a62566c93184"
 dependencies = [
  "bytes",
  "http",
@@ -1413,9 +1413,9 @@ checksum = "9a3a5bfb195931eeb336b2a7b4d761daec841b97f947d34394601737a7bba5e4"
 
 [[package]]
 name = "hyper"
-version = "1.4.0"
+version = "1.4.1"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "c4fe55fb7a772d59a5ff1dfbff4fe0258d19b89fec4b233e75d35d5d2316badc"
+checksum = "50dfd22e0e76d0f662d429a5f80fcaf3855009297eab6a0a9f8543834744ba05"
 dependencies = [
  "bytes",
  "futures-channel",
@@ -1916,8 +1916,7 @@ dependencies = [
 [[package]]
 name = "multiversx-chain-vm-executor"
 version = "0.2.0"
-source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "b59072fa0624b55ae5ae3fa6bfa91515bbeb4ac440214bc4a509e2c8806d6e9f"
+source = "git+https://github.com/multiversx/mx-vm-executor-rs?branch=rc/v1.7.next1#95acf80fb611fb51a8b7e20f5e7086e4aae68539"
 
 [[package]]
 name = "multiversx-price-aggregator-sc"
@@ -2718,9 +2717,9 @@ dependencies = [
 
 [[package]]
 name = "redox_syscall"
-version = "0.5.2"
+version = "0.5.3"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "c82cf8cff14456045f55ec4241383baeff27af886adb72ffb2162f99911de0fd"
+checksum = "2a908a6e00f1fdd0dfd9c0eb08ce85126f6d8bbda50017e74bc4a4b7d4a926a4"
 dependencies = [
  "bitflags 2.6.0",
 ]
@@ -2913,9 +2912,9 @@ dependencies = [
 
 [[package]]
 name = "rustls"
-version = "0.23.10"
+version = "0.23.11"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "05cff451f60db80f490f3c182b77c35260baace73209e9cdbbe526bfe3a4d402"
+checksum = "4828ea528154ae444e5a642dbb7d5623354030dc9822b83fd9bb79683c7399d0"
 dependencies = [
  "once_cell",
  "rustls-pki-types",
@@ -3016,9 +3015,9 @@ dependencies = [
 
 [[package]]
 name = "security-framework"
-version = "2.11.0"
+version = "2.11.1"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "c627723fd09706bacdb5cf41499e95098555af3c3c29d014dc3c458ef6be11c0"
+checksum = "897b2245f0b511c87893af39b033e5ca9cce68824c4d7e7630b5a1d339658d02"
 dependencies = [
  "bitflags 2.6.0",
  "core-foundation",
@@ -3029,9 +3028,9 @@ dependencies = [
 
 [[package]]
 name = "security-framework-sys"
-version = "2.11.0"
+version = "2.11.1"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "317936bbbd05227752583946b9e66d7ce3b489f84e11a94a510b4437fef407d7"
+checksum = "75da29fe9b9b08fe9d6b22b5b4bcbc75d8db3aa31e639aa56bb62e9d46bfceaf"
 dependencies = [
  "core-foundation-sys",
  "libc",
@@ -3078,18 +3077,18 @@ dependencies = [
 
 [[package]]
 name = "serde"
-version = "1.0.203"
+version = "1.0.204"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "7253ab4de971e72fb7be983802300c30b5a7f0c2e56fab8abfc6a214307c0094"
+checksum = "bc76f558e0cbb2a839d37354c575f1dc3fdc6546b5be373ba43d95f231bf7c12"
 dependencies = [
  "serde_derive",
 ]
 
 [[package]]
 name = "serde_derive"
-version = "1.0.203"
+version = "1.0.204"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "500cbc0ebeb6f46627f50f3f5811ccf6bf00643be300b4c3eabc0ef55dc5b5ba"
+checksum = "e0cd7e117be63d3c3678776753929474f3b04a43a080c744d6b0ae2a8c28e222"
 dependencies = [
  "proc-macro2",
  "quote",
@@ -3349,18 +3348,18 @@ dependencies = [
 
 [[package]]
 name = "thiserror"
-version = "1.0.61"
+version = "1.0.63"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "c546c80d6be4bc6a00c0f01730c08df82eaa7a7a61f11d656526506112cc1709"
+checksum = "c0342370b38b6a11b6cc11d6a805569958d54cfa061a29969c3b5ce2ea405724"
 dependencies = [
  "thiserror-impl",
 ]
 
 [[package]]
 name = "thiserror-impl"
-version = "1.0.61"
+version = "1.0.63"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "46c3384250002a6d5af4d114f2845d37b57521033f30d5c3f46c4d70e1197533"
+checksum = "a4558b58466b9ad7ca0f102865eccc95938dca1a74a856f2b57b6629050da261"
 dependencies = [
  "proc-macro2",
  "quote",
@@ -3369,9 +3368,9 @@ dependencies = [
 
 [[package]]
 name = "tinyvec"
-version = "1.7.0"
+version = "1.8.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "ce6b6a2fb3a985e99cebfaefa9faa3024743da73304ca1c683a36429613d3d22"
+checksum = "445e881f4f6d382d5f27c034e25eb92edd7c784ceab92a0937db7f2e9471b938"
 dependencies = [
  "tinyvec_macros",
 ]
@@ -3400,9 +3399,9 @@ dependencies = [
 
 [[package]]
 name = "tokio"
-version = "1.38.0"
+version = "1.38.1"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "ba4f4a02a7a80d6f274636f0aa95c7e383b912d41fe721a31f29e29698585a4a"
+checksum = "eb2caba9f80616f438e09748d5acda951967e1ea58508ef53d9c6402485a46df"
 dependencies = [
  "backtrace",
  "bytes",
@@ -3464,9 +3463,9 @@ dependencies = [
 
 [[package]]
 name = "toml"
-version = "0.8.14"
+version = "0.8.15"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "6f49eb2ab21d2f26bd6db7bf383edc527a7ebaee412d17af4d40fdccd442f335"
+checksum = "ac2caab0bf757388c6c0ae23b3293fdb463fee59434529014f85e3263b995c28"
 dependencies = [
  "indexmap",
  "serde",
@@ -3486,9 +3485,9 @@ dependencies = [
 
 [[package]]
 name = "toml_edit"
-version = "0.22.14"
+version = "0.22.16"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "f21c7aaf97f1bd9ca9d4f9e73b0a6c74bd5afef56f2bc931943a6e1c37e04e38"
+checksum = "278f3d518e152219c994ce877758516bca5e118eaed6996192a774fb9fbf0788"
 dependencies = [
  "indexmap",
  "serde",
diff --git a/framework/scenario/Cargo.toml b/framework/scenario/Cargo.toml
index e58e6d9255..25e43afdef 100644
--- a/framework/scenario/Cargo.toml
+++ b/framework/scenario/Cargo.toml
@@ -50,7 +50,9 @@ version = "0.22.3"
 path = "../../sdk/scenario-format"
 
 [dependencies.multiversx-chain-vm-executor]
-version = "0.2.0"
+# version = "0.2.0"
+git = "https://github.com/multiversx/mx-vm-executor-rs"
+branch = "rc/v1.7.next1"
 
 [dependencies.multiversx-chain-vm]
 version = "=0.9.0"
diff --git a/vm/Cargo.toml b/vm/Cargo.toml
index baf8ec3894..2da432d240 100644
--- a/vm/Cargo.toml
+++ b/vm/Cargo.toml
@@ -35,4 +35,6 @@ rand_seeder = { version= "0.2.2", optional = true }
 ed25519-dalek = { version = "1.0.1" , optional = true }
 
 [dependencies.multiversx-chain-vm-executor]
-version = "0.2.0"
+# version = "0.2.0"
+git = "https://github.com/multiversx/mx-vm-executor-rs"
+branch = "rc/v1.7.next1"
diff --git a/vm/src/vm_hooks/vh_dispatcher.rs b/vm/src/vm_hooks/vh_dispatcher.rs
index 0dbfc54051..46c5153819 100644
--- a/vm/src/vm_hooks/vh_dispatcher.rs
+++ b/vm/src/vm_hooks/vh_dispatcher.rs
@@ -1859,4 +1859,53 @@ impl VMHooks for VMHooksDispatcher {
     ) -> i32 {
         panic!("Unavailable: elliptic_curve_get_values")
     }
+
+    fn is_reserved_function_name(&self, name_handle: i32) -> i32 {
+        panic!("Unavailable: is_reserved_function_name")
+    }
+
+    fn managed_get_original_caller_addr(&self, destination_handle: i32) {
+        panic!("Unavailable: managed_get_original_caller_addr")
+    }
+
+    fn managed_get_relayer_addr(&self, destination_handle: i32) {
+        panic!("Unavailable: managed_get_relayer_addr")
+    }
+
+    fn managed_multi_transfer_esdt_nft_execute_by_user(
+        &self,
+        user_handle: i32,
+        dst_handle: i32,
+        token_transfers_handle: i32,
+        gas_limit: i64,
+        function_handle: i32,
+        arguments_handle: i32,
+    ) -> i32 {
+        panic!("Unavailable: managed_multi_transfer_esdt_nft_execute_by_user")
+    }
+    
+    fn managed_verify_secp256r1(
+        &self,
+        key_handle: i32,
+        message_handle: i32,
+        sig_handle: i32,
+    ) -> i32 {
+        panic!("Unavailable: managed_verify_secp256r1")
+    }
+    fn managed_verify_blssignature_share(
+        &self,
+        key_handle: i32,
+        message_handle: i32,
+        sig_handle: i32,
+    ) -> i32 {
+        panic!("Unavailable: managed_verify_blssignature_share")
+    }
+    fn managed_verify_blsaggregated_signature(
+        &self,
+        key_handle: i32,
+        message_handle: i32,
+        sig_handle: i32,
+    ) -> i32 {
+        panic!("Unavailable: managed_verify_blsaggregated_signature")
+    }
 }