diff --git a/.deepsource.toml b/.deepsource.toml
index 2f409b0ffa48..4c7e1817f6eb 100644
--- a/.deepsource.toml
+++ b/.deepsource.toml
@@ -13,4 +13,4 @@ name = "rust"
 enabled = true
 
 [analyzers.meta]
-msrv = "1.63.0"
+msrv = "1.64.0"
diff --git a/.github/workflows/CI.yml b/.github/workflows/CI.yml
index ac1d2250d255..bab4f6e860a2 100644
--- a/.github/workflows/CI.yml
+++ b/.github/workflows/CI.yml
@@ -95,7 +95,7 @@ jobs:
       - name: Install Rust
         uses: dtolnay/rust-toolchain@master
         with:
-          toolchain: 1.63
+          toolchain: 1.64
 
       - uses: Swatinem/rust-cache@v2.2.0
         with:
diff --git a/Cargo.lock b/Cargo.lock
index f0aee27d840a..af4f9803ccb5 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -69,7 +69,7 @@ dependencies = [
  "actix-service",
  "actix-utils",
  "ahash",
- "base64",
+ "base64 0.13.1",
  "bitflags",
  "brotli",
  "bytes",
@@ -91,7 +91,7 @@ dependencies = [
  "rand",
  "sha1",
  "smallvec",
- "tracing 0.1.36",
+ "tracing",
  "zstd",
 ]
 
@@ -115,7 +115,7 @@ dependencies = [
  "http",
  "regex",
  "serde",
- "tracing 0.1.36",
+ "tracing",
 ]
 
 [[package]]
@@ -144,7 +144,7 @@ dependencies = [
  "num_cpus",
  "socket2",
  "tokio",
- "tracing 0.1.36",
+ "tracing",
 ]
 
 [[package]]
@@ -354,9 +354,9 @@ dependencies = [
 
 [[package]]
 name = "async-trait"
-version = "0.1.58"
+version = "0.1.59"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "1e805d94e6b5001b651426cf4cd446b1ab5f319d27bab5c644f61de0a804360c"
+checksum = "31e6e93155431f3931513b243d371981bb2770112b370c82745a1d19d2f99364"
 dependencies = [
  "proc-macro2",
  "quote",
@@ -393,7 +393,7 @@ dependencies = [
  "actix-tls",
  "actix-utils",
  "ahash",
- "base64",
+ "base64 0.13.1",
  "bytes",
  "cfg-if",
  "cookie",
@@ -439,7 +439,7 @@ dependencies = [
  "time",
  "tokio",
  "tower",
- "tracing 0.1.36",
+ "tracing",
  "zeroize",
 ]
 
@@ -454,7 +454,7 @@ dependencies = [
  "aws-types",
  "http",
  "regex",
- "tracing 0.1.36",
+ "tracing",
 ]
 
 [[package]]
@@ -472,7 +472,7 @@ dependencies = [
  "lazy_static",
  "percent-encoding",
  "pin-project-lite",
- "tracing 0.1.36",
+ "tracing",
 ]
 
 [[package]]
@@ -551,7 +551,7 @@ dependencies = [
  "aws-smithy-http",
  "aws-types",
  "http",
- "tracing 0.1.36",
+ "tracing",
 ]
 
 [[package]]
@@ -569,7 +569,7 @@ dependencies = [
  "regex",
  "ring",
  "time",
- "tracing 0.1.36",
+ "tracing",
 ]
 
 [[package]]
@@ -604,7 +604,7 @@ dependencies = [
  "pin-project-lite",
  "tokio",
  "tower",
- "tracing 0.1.36",
+ "tracing",
 ]
 
 [[package]]
@@ -625,7 +625,7 @@ dependencies = [
  "pin-project-lite",
  "tokio",
  "tokio-util 0.7.4",
- "tracing 0.1.36",
+ "tracing",
 ]
 
 [[package]]
@@ -640,7 +640,7 @@ dependencies = [
  "http-body",
  "pin-project-lite",
  "tower",
- "tracing 0.1.36",
+ "tracing",
 ]
 
 [[package]]
@@ -695,7 +695,7 @@ dependencies = [
  "aws-smithy-types",
  "http",
  "rustc_version",
- "tracing 0.1.36",
+ "tracing",
  "zeroize",
 ]
 
@@ -751,6 +751,12 @@ version = "0.13.1"
 source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "9e1b586273c5702936fe7b7d6896644d8be71e6314cfe09d3167c95f712589e8"
 
+[[package]]
+name = "base64"
+version = "0.20.0"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "0ea22880d78093b0cbe17c89f64a7d457941e65759157ec6cb31a31d652b05e5"
+
 [[package]]
 name = "bb8"
 version = "0.8.0"
@@ -912,9 +918,9 @@ dependencies = [
 
 [[package]]
 name = "config"
-version = "0.13.2"
+version = "0.13.3"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "11f1667b8320afa80d69d8bbe40830df2c8a06003d86f73d8e003b2c48df416d"
+checksum = "d379af7f68bfc21714c6c7dea883544201741d2ce8274bb12fa54f89507f52a7"
 dependencies = [
  "async-trait",
  "json5",
@@ -1277,7 +1283,7 @@ dependencies = [
  "tokio-native-tls",
  "tokio-stream",
  "tokio-util 0.6.10",
- "tracing 0.1.36",
+ "tracing",
  "tracing-futures",
  "url",
 ]
@@ -1383,12 +1389,12 @@ dependencies = [
 
 [[package]]
 name = "gethostname"
-version = "0.2.3"
+version = "0.4.1"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "c1ebd34e35c46e00bb73e81363248d627782724609fe1b6396f553f68fe3862e"
+checksum = "8a329e22866dd78b35d2c639a4a23d7b950aeae300dfd79f4fb19f74055c2404"
 dependencies = [
  "libc",
- "winapi",
+ "windows",
 ]
 
 [[package]]
@@ -1443,7 +1449,7 @@ dependencies = [
  "slab",
  "tokio",
  "tokio-util 0.7.4",
- "tracing 0.1.36",
+ "tracing",
 ]
 
 [[package]]
@@ -1554,7 +1560,7 @@ dependencies = [
  "socket2",
  "tokio",
  "tower-service",
- "tracing 0.1.36",
+ "tracing",
  "want",
 ]
 
@@ -1678,7 +1684,7 @@ source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "dee6af62ad98bdf699ad2ecc8323479a1fdc7aa5faa6043d93119d83f6c5fca8"
 dependencies = [
  "anyhow",
- "base64",
+ "base64 0.13.1",
  "flate2",
  "once_cell",
  "openssl",
@@ -1723,9 +1729,9 @@ checksum = "e2abad23fbc42b3700f2f279844dc832adb2b2eb069b2df918f455c4e18cc646"
 
 [[package]]
 name = "libc"
-version = "0.2.137"
+version = "0.2.138"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "fc7fcc620a3bff7cdd7a365be3376c97191aeaccc2a603e600951e452615bf89"
+checksum = "db6d7e329c562c5dfab7a46a2afabc8b987ab9a4834c9d1ca04dc54c1546cef8"
 
 [[package]]
 name = "libgit2-sys"
@@ -2031,29 +2037,10 @@ dependencies = [
  "vcpkg",
 ]
 
-[[package]]
-name = "opentelemetry"
-version = "0.17.0"
-source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "6105e89802af13fdf48c49d7646d3b533a70e536d818aae7e78ba0433d01acb8"
-dependencies = [
- "async-trait",
- "crossbeam-channel",
- "futures-channel",
- "futures-executor",
- "futures-util",
- "js-sys",
- "lazy_static",
- "percent-encoding",
- "pin-project",
- "rand",
- "thiserror",
-]
-
 [[package]]
 name = "opentelemetry"
 version = "0.18.0"
-source = "git+https://github.com/jarnura/opentelemetry-rust?rev=a82056696ca3d26960458269a894e5cf15056ad8#a82056696ca3d26960458269a894e5cf15056ad8"
+source = "git+https://github.com/open-telemetry/opentelemetry-rust?rev=44b90202fd744598db8b0ace5b8f0bad7ec45658#44b90202fd744598db8b0ace5b8f0bad7ec45658"
 dependencies = [
  "opentelemetry_api",
  "opentelemetry_sdk",
@@ -2062,13 +2049,13 @@ dependencies = [
 [[package]]
 name = "opentelemetry-otlp"
 version = "0.11.0"
-source = "git+https://github.com/jarnura/opentelemetry-rust?rev=a82056696ca3d26960458269a894e5cf15056ad8#a82056696ca3d26960458269a894e5cf15056ad8"
+source = "git+https://github.com/open-telemetry/opentelemetry-rust?rev=44b90202fd744598db8b0ace5b8f0bad7ec45658#44b90202fd744598db8b0ace5b8f0bad7ec45658"
 dependencies = [
  "async-trait",
  "futures",
  "futures-util",
  "http",
- "opentelemetry 0.18.0",
+ "opentelemetry",
  "opentelemetry-proto",
  "prost",
  "thiserror",
@@ -2079,11 +2066,11 @@ dependencies = [
 [[package]]
 name = "opentelemetry-proto"
 version = "0.1.0"
-source = "git+https://github.com/jarnura/opentelemetry-rust?rev=a82056696ca3d26960458269a894e5cf15056ad8#a82056696ca3d26960458269a894e5cf15056ad8"
+source = "git+https://github.com/open-telemetry/opentelemetry-rust?rev=44b90202fd744598db8b0ace5b8f0bad7ec45658#44b90202fd744598db8b0ace5b8f0bad7ec45658"
 dependencies = [
  "futures",
  "futures-util",
- "opentelemetry 0.18.0",
+ "opentelemetry",
  "prost",
  "tonic",
 ]
@@ -2091,7 +2078,7 @@ dependencies = [
 [[package]]
 name = "opentelemetry_api"
 version = "0.18.0"
-source = "git+https://github.com/jarnura/opentelemetry-rust?rev=a82056696ca3d26960458269a894e5cf15056ad8#a82056696ca3d26960458269a894e5cf15056ad8"
+source = "git+https://github.com/open-telemetry/opentelemetry-rust?rev=44b90202fd744598db8b0ace5b8f0bad7ec45658#44b90202fd744598db8b0ace5b8f0bad7ec45658"
 dependencies = [
  "fnv",
  "futures-channel",
@@ -2106,7 +2093,7 @@ dependencies = [
 [[package]]
 name = "opentelemetry_sdk"
 version = "0.18.0"
-source = "git+https://github.com/jarnura/opentelemetry-rust?rev=a82056696ca3d26960458269a894e5cf15056ad8#a82056696ca3d26960458269a894e5cf15056ad8"
+source = "git+https://github.com/open-telemetry/opentelemetry-rust?rev=44b90202fd744598db8b0ace5b8f0bad7ec45658#44b90202fd744598db8b0ace5b8f0bad7ec45658"
 dependencies = [
  "async-trait",
  "crossbeam-channel",
@@ -2487,14 +2474,11 @@ dependencies = [
 name = "redis_interface"
 version = "0.1.0"
 dependencies = [
- "bytes",
  "common_utils",
  "error-stack",
  "fred",
  "router_env",
  "serde",
- "serde_json",
- "serde_urlencoded",
  "thiserror",
 ]
 
@@ -2548,7 +2532,7 @@ version = "0.11.13"
 source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "68cc60575865c7831548863cc02356512e3f1dc2f3f82cb837d7fc4cc8f3c97c"
 dependencies = [
- "base64",
+ "base64 0.13.1",
  "bytes",
  "encoding_rs",
  "futures-core",
@@ -2600,7 +2584,7 @@ version = "0.7.1"
 source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "88073939a61e5b7680558e6be56b419e208420c2adb92be54921fa6b72283f1a"
 dependencies = [
- "base64",
+ "base64 0.13.1",
  "bitflags",
  "serde",
 ]
@@ -2619,7 +2603,7 @@ dependencies = [
  "awc",
  "aws-config",
  "aws-sdk-kms",
- "base64",
+ "base64 0.20.0",
  "bb8",
  "bytes",
  "common_utils",
@@ -2643,7 +2627,6 @@ dependencies = [
  "once_cell",
  "rand",
  "redis_interface",
- "regex",
  "reqwest",
  "ring",
  "router_derive",
@@ -2653,7 +2636,6 @@ dependencies = [
  "serde_path_to_error",
  "serde_qs",
  "serde_urlencoded",
- "sha2",
  "structopt",
  "strum",
  "thiserror",
@@ -2684,22 +2666,18 @@ dependencies = [
  "config",
  "gethostname",
  "once_cell",
- "opentelemetry 0.18.0",
+ "opentelemetry",
  "opentelemetry-otlp",
  "rustc-hash",
  "serde",
  "serde_json",
- "serde_urlencoded",
  "strum",
  "time",
  "tokio",
- "tracing 0.1.36",
+ "tracing",
  "tracing-actix-web",
  "tracing-appender",
- "tracing-attributes",
- "tracing-core 0.1.30",
- "tracing-opentelemetry 0.16.0",
- "tracing-subscriber 0.3.16",
+ "tracing-subscriber",
  "vergen",
 ]
 
@@ -2734,7 +2712,7 @@ version = "0.19.1"
 source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "35edb675feee39aec9c99fa5ff985081995a06d594114ae14cbe797ad7b7a6d7"
 dependencies = [
- "base64",
+ "base64 0.13.1",
  "log",
  "ring",
  "sct 0.6.1",
@@ -2865,18 +2843,18 @@ checksum = "e25dfac463d778e353db5be2449d1cce89bd6fd23c9f1ea21310ce6e5a1b29c4"
 
 [[package]]
 name = "serde"
-version = "1.0.148"
+version = "1.0.149"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "e53f64bb4ba0191d6d0676e1b141ca55047d83b74f5607e6d8eb88126c52c2dc"
+checksum = "256b9932320c590e707b94576e3cc1f7c9024d0ee6612dfbcf1cb106cbe8e055"
 dependencies = [
  "serde_derive",
 ]
 
 [[package]]
 name = "serde_derive"
-version = "1.0.148"
+version = "1.0.149"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "a55492425aa53521babf6137309e7d34c20bbfbbfcfe2c7f3a047fd1f6b92c0c"
+checksum = "b4eae9b04cbffdfd550eb462ed33bc6a1b68c935127d008b27444d08380f94e4"
 dependencies = [
  "proc-macro2",
  "quote",
@@ -2951,17 +2929,6 @@ dependencies = [
  "digest 0.10.6",
 ]
 
-[[package]]
-name = "sha2"
-version = "0.10.6"
-source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "82e6b795fe2e3b1e845bafcb27aa35405c4d47cdfc92af5fc8d3002f76cebdc0"
-dependencies = [
- "cfg-if",
- "cpufeatures",
- "digest 0.10.6",
-]
-
 [[package]]
 name = "sharded-slab"
 version = "0.1.4"
@@ -3209,9 +3176,9 @@ checksum = "cda74da7e1a664f795bb1f8a87ec406fb89a02522cf6e50620d016add6dbbf5c"
 
 [[package]]
 name = "tokio"
-version = "1.22.0"
+version = "1.23.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "d76ce4a75fb488c605c54bf610f221cea8b0dafb53333c1a67e8ee199dcd2ae3"
+checksum = "eab6d665857cc6ca78d6e80303a02cea7a7851e85dfbd77cbdc09bd129f1ef46"
 dependencies = [
  "autocfg",
  "bytes",
@@ -3224,7 +3191,7 @@ dependencies = [
  "signal-hook-registry",
  "socket2",
  "tokio-macros",
- "winapi",
+ "windows-sys 0.42.0",
 ]
 
 [[package]]
@@ -3316,7 +3283,7 @@ dependencies = [
  "futures-sink",
  "pin-project-lite",
  "tokio",
- "tracing 0.1.36",
+ "tracing",
 ]
 
 [[package]]
@@ -3337,7 +3304,7 @@ dependencies = [
  "async-stream",
  "async-trait",
  "axum",
- "base64",
+ "base64 0.13.1",
  "bytes",
  "futures-core",
  "futures-util",
@@ -3356,7 +3323,7 @@ dependencies = [
  "tower",
  "tower-layer",
  "tower-service",
- "tracing 0.1.36",
+ "tracing",
  "tracing-futures",
 ]
 
@@ -3377,7 +3344,7 @@ dependencies = [
  "tokio-util 0.7.4",
  "tower-layer",
  "tower-service",
- "tracing 0.1.36",
+ "tracing",
 ]
 
 [[package]]
@@ -3421,17 +3388,7 @@ dependencies = [
  "log",
  "pin-project-lite",
  "tracing-attributes",
- "tracing-core 0.1.30",
-]
-
-[[package]]
-name = "tracing"
-version = "0.2.0"
-source = "git+https://github.com/jarnura/tracing?rev=16d277227f60788750528e4f4cc1db4f36b0869f#16d277227f60788750528e4f4cc1db4f36b0869f"
-dependencies = [
- "cfg-if",
- "pin-project-lite",
- "tracing-core 0.2.0",
+ "tracing-core",
 ]
 
 [[package]]
@@ -3441,10 +3398,10 @@ source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "d725b8fa6ef307b3f4856913523337de45c47cc79271bafd7acfb39559e3a2da"
 dependencies = [
  "actix-web",
- "opentelemetry 0.17.0",
+ "opentelemetry",
  "pin-project",
- "tracing 0.1.36",
- "tracing-opentelemetry 0.17.4",
+ "tracing",
+ "tracing-opentelemetry",
  "uuid",
 ]
 
@@ -3456,7 +3413,7 @@ checksum = "09d48f71a791638519505cefafe162606f706c25592e4bde4d97600c0195312e"
 dependencies = [
  "crossbeam-channel",
  "time",
- "tracing-subscriber 0.3.16",
+ "tracing-subscriber",
 ]
 
 [[package]]
@@ -3480,14 +3437,6 @@ dependencies = [
  "valuable",
 ]
 
-[[package]]
-name = "tracing-core"
-version = "0.2.0"
-source = "git+https://github.com/jarnura/tracing?rev=16d277227f60788750528e4f4cc1db4f36b0869f#16d277227f60788750528e4f4cc1db4f36b0869f"
-dependencies = [
- "once_cell",
-]
-
 [[package]]
 name = "tracing-futures"
 version = "0.2.5"
@@ -3495,7 +3444,7 @@ source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "97d095ae15e245a057c8e8451bab9b3ee1e1f68e9ba2b4fbc18d0ac5237835f2"
 dependencies = [
  "pin-project",
- "tracing 0.1.36",
+ "tracing",
 ]
 
 [[package]]
@@ -3506,45 +3455,21 @@ checksum = "78ddad33d2d10b1ed7eb9d1f518a5674713876e97e5bb9b7345a7984fbb4f922"
 dependencies = [
  "lazy_static",
  "log",
- "tracing-core 0.1.30",
-]
-
-[[package]]
-name = "tracing-log"
-version = "0.2.0"
-source = "git+https://github.com/jarnura/tracing?rev=16d277227f60788750528e4f4cc1db4f36b0869f#16d277227f60788750528e4f4cc1db4f36b0869f"
-dependencies = [
- "log",
- "once_cell",
- "tracing-core 0.2.0",
+ "tracing-core",
 ]
 
 [[package]]
 name = "tracing-opentelemetry"
-version = "0.16.0"
-source = "git+https://github.com/jarnura/tracing?rev=16d277227f60788750528e4f4cc1db4f36b0869f#16d277227f60788750528e4f4cc1db4f36b0869f"
-dependencies = [
- "async-trait",
- "once_cell",
- "opentelemetry 0.18.0",
- "tracing 0.2.0",
- "tracing-core 0.2.0",
- "tracing-log 0.2.0",
- "tracing-subscriber 0.3.0",
-]
-
-[[package]]
-name = "tracing-opentelemetry"
-version = "0.17.4"
+version = "0.18.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "fbbe89715c1dbbb790059e2565353978564924ee85017b5fff365c872ff6721f"
+checksum = "21ebb87a95ea13271332df069020513ab70bdb5637ca42d6e492dc3bbbad48de"
 dependencies = [
  "once_cell",
- "opentelemetry 0.17.0",
- "tracing 0.1.36",
- "tracing-core 0.1.30",
- "tracing-log 0.1.3",
- "tracing-subscriber 0.3.16",
+ "opentelemetry",
+ "tracing",
+ "tracing-core",
+ "tracing-log",
+ "tracing-subscriber",
 ]
 
 [[package]]
@@ -3554,17 +3479,7 @@ source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "bc6b213177105856957181934e4920de57730fc69bf42c37ee5bb664d406d9e1"
 dependencies = [
  "serde",
- "tracing-core 0.1.30",
-]
-
-[[package]]
-name = "tracing-subscriber"
-version = "0.3.0"
-source = "git+https://github.com/jarnura/tracing?rev=16d277227f60788750528e4f4cc1db4f36b0869f#16d277227f60788750528e4f4cc1db4f36b0869f"
-dependencies = [
- "sharded-slab",
- "thread_local",
- "tracing-core 0.2.0",
+ "tracing-core",
 ]
 
 [[package]]
@@ -3582,9 +3497,9 @@ dependencies = [
  "sharded-slab",
  "smallvec",
  "thread_local",
- "tracing 0.1.36",
- "tracing-core 0.1.30",
- "tracing-log 0.1.3",
+ "tracing",
+ "tracing-core",
+ "tracing-log",
  "tracing-serde",
 ]
 
@@ -3596,9 +3511,9 @@ checksum = "59547bce71d9c38b83d9c0e92b6066c4253371f15005def0c30d9657f50c7642"
 
 [[package]]
 name = "typenum"
-version = "1.15.0"
+version = "1.16.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "dcf81ac59edc17cc8697ff311e8f5ef2d99fcbd9817b34cec66f90b6c3dfd987"
+checksum = "497961ef93d974e23eb6f433eb5fe1b7930b659f06d12dec6fc44a8f554c0bba"
 
 [[package]]
 name = "ucd-trie"
@@ -3838,9 +3753,9 @@ dependencies = [
 
 [[package]]
 name = "webpki-roots"
-version = "0.22.5"
+version = "0.22.6"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "368bfe657969fb01238bb756d351dcade285e0f6fcbd36dcb23359a5169975be"
+checksum = "b6c71e40d7d2c34a5106301fb632274ca37242cd0c9d3e64dbece371a40a2d87"
 dependencies = [
  "webpki 0.22.0",
 ]
@@ -3876,6 +3791,21 @@ version = "0.4.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "712e227841d057c1ee1cd2fb22fa7e5a5461ae8e48fa2ca79ec42cfc1931183f"
 
+[[package]]
+name = "windows"
+version = "0.43.0"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "04662ed0e3e5630dfa9b26e4cb823b817f1a9addda855d973a9458c236556244"
+dependencies = [
+ "windows_aarch64_gnullvm",
+ "windows_aarch64_msvc 0.42.0",
+ "windows_i686_gnu 0.42.0",
+ "windows_i686_msvc 0.42.0",
+ "windows_x86_64_gnu 0.42.0",
+ "windows_x86_64_gnullvm",
+ "windows_x86_64_msvc 0.42.0",
+]
+
 [[package]]
 name = "windows-sys"
 version = "0.36.1"
diff --git a/Cargo.toml b/Cargo.toml
index 9e548171f70f..1063e706bc72 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -2,15 +2,10 @@
 resolver = "2"
 members = ["crates/*", "examples/*"]
 
-# note: all profiles should be here, not in crates
-# https://doc.rust-lang.org/cargo/reference/profiles.html
-
 [profile.release]
 strip = true
 lto = true
 codegen-units = 1
 
-# [workspace.metadata.dylint]
-# libraries = [
-#     { git = "https://github.com/trailofbits/dylint", pattern = "examples/general/*" },
-# ]
+[patch.crates-io]
+opentelemetry = { git = "https://github.com/open-telemetry/opentelemetry-rust", rev = "44b90202fd744598db8b0ace5b8f0bad7ec45658" }
diff --git a/Dockerfile b/Dockerfile
index 8fff63e41b0c..63a5a90cc3fb 100644
--- a/Dockerfile
+++ b/Dockerfile
@@ -1,4 +1,4 @@
-FROM rust:1.63 as builder
+FROM rust:1.64 as builder
 RUN apt-get update \
     && apt-get install -y libpq-dev libssl-dev
 
diff --git a/INSTALL_dependencies.sh b/INSTALL_dependencies.sh
index 00241abbf161..8f5c481ac435 100755
--- a/INSTALL_dependencies.sh
+++ b/INSTALL_dependencies.sh
@@ -9,7 +9,7 @@ if [[ "${TRACE-0}" == "1" ]]; then
     set -o xtrace
 fi
 
-RUST_MSRV=1.63.0
+RUST_MSRV=1.64.0
 _DB_NAME="orca_db"
 _DB_USER="db_user"
 _DB_PASS="db_password"
diff --git a/crates/common_utils/Cargo.toml b/crates/common_utils/Cargo.toml
index 09b9f1e422b8..6080e6f33e8e 100644
--- a/crates/common_utils/Cargo.toml
+++ b/crates/common_utils/Cargo.toml
@@ -1,16 +1,19 @@
 [package]
 name = "common_utils"
+description = "Utilities shared across router and other crates"
 version = "0.1.0"
 edition = "2021"
-# See more keys and their definitions at https://doc.rust-lang.org/cargo/reference/manifest.html
+rust-version = "1.64"
+readme = "README.md"
+license = "Apache-2.0"
 
 [dependencies]
-bytes = "1.2.1"
-error-stack = "0.2.1"
+bytes = "1.3.0"
+error-stack = "0.2.4"
 once_cell = "1.16.0"
 regex = "1.7.0"
-serde = { version = "1.0.145", features = ["derive"] }
-serde_json = "1.0.85"
+serde = { version = "1.0.149", features = ["derive"] }
+serde_json = "1.0.89"
 serde_urlencoded = "0.7.1"
 thiserror = "1.0.37"
 time = { version = "0.3.17", features = ["serde", "serde-well-known", "std"] }
@@ -21,4 +24,4 @@ router_env = { version = "0.1.0", path = "../router_env", features = ["log_extra
 
 [dev-dependencies]
 fake = "2.5.0"
-proptest = "1.0.0"
\ No newline at end of file
+proptest = "1.0.0"
diff --git a/crates/masking/Cargo.toml b/crates/masking/Cargo.toml
index 7a4bcc089ab5..2b588d01db76 100644
--- a/crates/masking/Cargo.toml
+++ b/crates/masking/Cargo.toml
@@ -3,7 +3,7 @@ name = "masking"
 description = "Personal Identifiable Information protection. Wrapper types and traits for secret management which help ensure they aren't accidentally copied, logged, or otherwise exposed (as much as possible), and also ensure secrets are securely wiped from memory when dropped."
 version = "0.1.0"
 edition = "2021"
-rust-version = "1.63"
+rust-version = "1.64"
 readme = "README.md"
 license = "Apache-2.0"
 
@@ -19,8 +19,8 @@ rustdoc-args = ["--cfg", "docsrs"]
 bytes = { version = "1", optional = true }
 diesel = { git = "https://github.com/juspay/diesel", features = ["postgres", "serde_json", "time"], optional = true, rev = "22f3f59f1db8a3f61623e4d6b375d64cd7bd3d02" }
 serde = { version = "1", features = ["derive"], optional = true }
-serde_json = "1.0.85"
+serde_json = "1.0.89"
 zeroize = { version = "1.5", default-features = false }
 
 [dev-dependencies]
-serde_json = "1.0.85"
+serde_json = "1.0.89"
diff --git a/crates/redis_interface/Cargo.toml b/crates/redis_interface/Cargo.toml
index cc48a6f63f74..88941eaa9329 100644
--- a/crates/redis_interface/Cargo.toml
+++ b/crates/redis_interface/Cargo.toml
@@ -1,18 +1,18 @@
 [package]
 name = "redis_interface"
+description = "A user-friendly interface to Redis"
 version = "0.1.0"
 edition = "2021"
-# See more keys and their definitions at https://doc.rust-lang.org/cargo/reference/manifest.html
+rust-version = "1.64"
+readme = "README.md"
+license = "Apache-2.0"
 
 [dependencies]
-bytes = "1.2.1"
-error-stack = "0.2.1"
+error-stack = "0.2.4"
 fred = { version = "5.2.0", features = ["metrics", "partial-tracing"] }
-serde = { version = "1.0.145", features = ["derive"] }
-serde_json = "1.0.85"
-serde_urlencoded = "0.7.1"
+serde = { version = "1.0.149", features = ["derive"] }
 thiserror = "1.0.37"
 
 # First party crates
 common_utils = { version = "0.1.0", path = "../common_utils" }
-router_env = { version = "0.1.0", path = "../router_env", features = ["log_extra_implicit_fields", "log_custom_entries_to_extra"] }
\ No newline at end of file
+router_env = { version = "0.1.0", path = "../router_env", features = ["log_extra_implicit_fields", "log_custom_entries_to_extra"] }
diff --git a/crates/router/Cargo.toml b/crates/router/Cargo.toml
index 2bea53f1e56c..e975f63751e3 100644
--- a/crates/router/Cargo.toml
+++ b/crates/router/Cargo.toml
@@ -4,7 +4,7 @@ description = "Modern, fast and open payment router"
 version = "0.2.0"
 edition = "2021"
 default-run = "router"
-rust-version = "1.63"
+rust-version = "1.64"
 readme = "README.md"
 license = "Apache-2.0"
 
@@ -25,18 +25,18 @@ actix-cors = "0.6.3"
 actix-rt = "2.7.0"
 actix-web = "4.2.1"
 async-bb8-diesel = { git = "https://github.com/juspay/async-bb8-diesel", rev = "412663e16802dbc58a1b98bfcbe78fa0090311eb" }
-async-trait = "0.1.57"
+async-trait = "0.1.59"
 aws-config = { version = "0.49.0", optional = true }
 aws-sdk-kms = { version = "0.19.0", optional = true }
-base64 = "0.13.0"
+base64 = "0.20.0"
 bb8 = "0.8"
-bytes = "1.2.1"
-config = { version = "0.13.2", features = ["toml"] }
+bytes = "1.3.0"
+config = { version = "0.13.3", features = ["toml"] }
 crc32fast = "1.3.2"
 diesel = { git = "https://github.com/juspay/diesel", features = ["postgres", "serde_json", "time"], rev = "22f3f59f1db8a3f61623e4d6b375d64cd7bd3d02" }
 dyn-clone = "1.0.9"
 encoding_rs = "0.8.31"
-error-stack = "0.2.1"
+error-stack = "0.2.4"
 fred = { version = "5.2.0", features = ["metrics", "partial-tracing"] , optional = true }
 futures = "0.3.25"
 hex = "0.4.3"
@@ -46,24 +46,22 @@ literally = "0.1.3"
 maud = { version = "0.24", features = ["actix-web"] }
 mime = "0.3.16"
 nanoid = "0.4.0"
-once_cell = "1.15.0"
+once_cell = "1.16.0"
 rand = "0.8.5"
-regex = "1.6.0"
 reqwest = { version = "0.11.12", features = ["json"] }
 ring = "0.16.20"
-serde = { version = "1.0.145", features = ["derive"] }
-serde_json = "1.0.85"
+serde = { version = "1.0.149", features = ["derive"] }
+serde_json = "1.0.89"
 serde_path_to_error = "0.1.8"
 serde_qs = { version = "0.10.1", optional = true }
 serde_urlencoded = "0.7.1"
-sha2 = "0.10.5"
 structopt = "0.3.26"
 strum = { version = "0.24.1", features = ["derive"] }
 thiserror = "1.0.37"
-time = { version = "0.3.14", features = ["serde", "serde-well-known", "std"] }
-tokio = { version = "1.21.2", features = ["macros", "rt-multi-thread"] }
+time = { version = "0.3.17", features = ["serde", "serde-well-known", "std"] }
+tokio = { version = "1.23.0", features = ["macros", "rt-multi-thread"] }
 url = { version = "2.3.1", features = ["serde"] }
-uuid = { version = "1.1.2", features = ["serde", "v4"] }
+uuid = { version = "1.2.2", features = ["serde", "v4"] }
 
 # First party crates
 common_utils = { version = "0.1.0", path = "../common_utils" }
@@ -80,8 +78,8 @@ actix-http = "3.2.2"
 awc = { version = "3.0.1", features = ["rustls"] }
 derive_deref = "1.1.1"
 rand = "0.8.5"
-time = { version = "0.3.14", features = ["macros"] }
-tokio = "1.21.2"
+time = { version = "0.3.17", features = ["macros"] }
+tokio = "1.23.0"
 toml = "0.5.9"
 
 [[bin]]
diff --git a/crates/router_derive/Cargo.toml b/crates/router_derive/Cargo.toml
index 02265a2ff036..e335ff53b350 100644
--- a/crates/router_derive/Cargo.toml
+++ b/crates/router_derive/Cargo.toml
@@ -3,6 +3,7 @@ name = "router_derive"
 description = "Utility macros for the router crate"
 version = "0.1.0"
 edition = "2021"
+rust-version = "1.64"
 readme = "README.md"
 license = "Apache-2.0"
 
@@ -11,12 +12,12 @@ proc-macro = true
 doctest = false
 
 [dependencies]
-proc-macro2 = "1.0.46"
+proc-macro2 = "1.0.47"
 quote = "1.0.21"
-syn = { version = "1.0.101", features = ["full", "extra-traits"] } # the full feature does not seem to encompass all the features
+syn = { version = "1.0.105", features = ["full", "extra-traits"] } # the full feature does not seem to encompass all the features
 
 [dev-dependencies]
 diesel = { git = "https://github.com/juspay/diesel", features = ["postgres"], rev = "22f3f59f1db8a3f61623e4d6b375d64cd7bd3d02" }
-serde = { version = "1.0.145", features = ["derive"] }
-serde_json = "1.0.85"
+serde = { version = "1.0.149", features = ["derive"] }
+serde_json = "1.0.89"
 strum = { version = "0.24.1", features = ["derive"] }
diff --git a/crates/router_env/Cargo.toml b/crates/router_env/Cargo.toml
index 9ee97c25f699..d9fb1518a092 100644
--- a/crates/router_env/Cargo.toml
+++ b/crates/router_env/Cargo.toml
@@ -3,41 +3,34 @@ name = "router_env"
 description = "Environment of payment router: logger, basic config, its environment awareness."
 version = "0.1.0"
 edition = "2021"
-rust-version = "1.63"
+rust-version = "1.64"
 readme = "README.md"
 license = "Apache-2.0"
 build = "src/build.rs"
 
 [dependencies]
-config = { version = "0.13.2", features = ["toml"] }
-gethostname = "0.2.3"
-once_cell = "1.15.0"
-opentelemetry = { git = "https://github.com/jarnura/opentelemetry-rust", rev = "a82056696ca3d26960458269a894e5cf15056ad8",  features = ["rt-tokio-current-thread", "metrics"] }
-opentelemetry-otlp = { git = "https://github.com/jarnura/opentelemetry-rust", rev = "a82056696ca3d26960458269a894e5cf15056ad8", features = ["metrics"] }
-
+config = { version = "0.13.3", features = ["toml"] }
+gethostname = "0.4.1"
+once_cell = "1.16.0"
+opentelemetry = { git = "https://github.com/open-telemetry/opentelemetry-rust/", rev = "44b90202fd744598db8b0ace5b8f0bad7ec45658",  features = ["rt-tokio-current-thread", "metrics"] }
+opentelemetry-otlp = { git = "https://github.com/open-telemetry/opentelemetry-rust/", rev = "44b90202fd744598db8b0ace5b8f0bad7ec45658", features = ["metrics"] }
 rustc-hash = "1.1"
-serde = { version = "1.0.145", features = ["derive"] }
-serde_json = "1.0.85"
-serde_urlencoded = "0.7.1"
+serde = { version = "1.0.149", features = ["derive"] }
+serde_json = "1.0.89"
 strum = { version = "0.24.1", features = ["derive"] }
-time = { version = "0.3.14", default-features = false, features = ["formatting"] }
-tokio = { version = "1.21.2" }
-
-# We put in a old version, we do not update to avoid clippy errors: https://github.com/tokio-rs/tracing/pull/2270#issuecomment-1282881008
-tracing-attributes = "=0.1.22"
+time = { version = "0.3.17", default-features = false, features = ["formatting"] }
+tokio = { version = "1.23.0" }
 tracing = "0.1.36"
-tracing-actix-web = { version = "0.6.1", features = ["opentelemetry_0_17"], optional = true }
+tracing-actix-web = { version = "0.6.1", features = ["opentelemetry_0_18"], optional = true }
 tracing-appender = "0.2.2"
-tracing-core = "0.1.29"
-tracing-opentelemetry = { git = "https://github.com/jarnura/tracing", rev = "16d277227f60788750528e4f4cc1db4f36b0869f" }
 tracing-subscriber = { version = "0.3.15", default-features = true, features = ["json", "env-filter", "registry"] }
-vergen = { version = "7.4.2", optional = true }
+vergen = { version = "7.4.3", optional = true }
 
 [dev-dependencies]
-tokio = { version = "1.21.2", features = ["macros", "rt-multi-thread"] }
+tokio = { version = "1.23.0", features = ["macros", "rt-multi-thread"] }
 
 [build-dependencies]
-vergen = "7.4.2"
+vergen = "7.4.3"
 
 [features]
 default = ["actix_web"]
diff --git a/flake.nix b/flake.nix
index 86379fb64eea..7c8d359d158a 100644
--- a/flake.nix
+++ b/flake.nix
@@ -37,7 +37,7 @@
             pkg-config
             exa
             fd
-            rust-bin.stable."1.63.0".default
+            rust-bin.stable."1.64.0".default
           ] ++ lib.optionals stdenv.isDarwin [ frameworks.CoreServices frameworks.Foundation ]; # arch might have issue finding these libs.
 
         };