diff --git a/.changeset/entries/a5d4d8510e8e501b9591599825f4359c58beafd9e78997cba09b2773d8aca3b2.yaml b/.changeset/entries/a5d4d8510e8e501b9591599825f4359c58beafd9e78997cba09b2773d8aca3b2.yaml
new file mode 100644
index 0000000000..a6e8231170
--- /dev/null
+++ b/.changeset/entries/a5d4d8510e8e501b9591599825f4359c58beafd9e78997cba09b2773d8aca3b2.yaml
@@ -0,0 +1,6 @@
+type: deps
+module: other
+pull_request: 1266
+description: Bump github.com/CosmWasm/wasmd to 0.44.0
+backward_compatible: true
+date: 2023-11-09T09:16:42.923853549Z
diff --git a/contrib/images/desmos-builder/Dockerfile b/contrib/images/desmos-builder/Dockerfile
index 5620e6df0e..c0e8a224b0 100644
--- a/contrib/images/desmos-builder/Dockerfile
+++ b/contrib/images/desmos-builder/Dockerfile
@@ -12,11 +12,11 @@ WORKDIR /code
 COPY . /code/
 
 # See https://github.com/CosmWasm/wasmvm/releases
-ADD https://github.com/CosmWasm/wasmvm/releases/download/v1.4.1/libwasmvm_muslc.aarch64.a /lib/libwasmvm_muslc.aarch64.a
-RUN sha256sum /lib/libwasmvm_muslc.aarch64.a | grep a8259ba852f1b68f2a5f8eb666a9c7f1680196562022f71bb361be1472a83cfd
+ADD https://github.com/CosmWasm/wasmvm/releases/download/v1.5.0/libwasmvm_muslc.aarch64.a /lib/libwasmvm_muslc.aarch64.a
+RUN sha256sum /lib/libwasmvm_muslc.aarch64.a | grep 2687afbdae1bc6c7c8b05ae20dfb8ffc7ddc5b4e056697d0f37853dfe294e913
 
-ADD https://github.com/CosmWasm/wasmvm/releases/download/v1.4.1/libwasmvm_muslc.x86_64.a /lib/libwasmvm_muslc.x86_64.a
-RUN sha256sum /lib/libwasmvm_muslc.x86_64.a | grep 324c1073cb988478d644861783ed5a7de21cfd090976ccc6b1de0559098fbbad
+ADD https://github.com/CosmWasm/wasmvm/releases/download/v1.5.0/libwasmvm_muslc.x86_64.a /lib/libwasmvm_muslc.x86_64.a
+RUN sha256sum /lib/libwasmvm_muslc.x86_64.a | grep 465e3a088e96fd009a11bfd234c69fb8a0556967677e54511c084f815cf9ce63
 
 # Copy the library you want to the final location that will be found by the linker flag `-lwasmvm_muslc`
 RUN cp /lib/libwasmvm_muslc.${arch}.a /usr/local/lib/libwasmvm_muslc.a
diff --git a/go.mod b/go.mod
index 9fd524ba44..03842c0856 100644
--- a/go.mod
+++ b/go.mod
@@ -9,8 +9,8 @@ require (
 	cosmossdk.io/errors v1.0.0
 	cosmossdk.io/math v1.2.0
 	cosmossdk.io/simapp v0.0.0-20230323161446-0af178d721ff
-	github.com/CosmWasm/wasmd v0.43.0
-	github.com/CosmWasm/wasmvm v1.4.1
+	github.com/CosmWasm/wasmd v0.44.0
+	github.com/CosmWasm/wasmvm v1.5.0
 	github.com/armon/go-metrics v0.4.1
 	github.com/btcsuite/btcd/btcec/v2 v2.3.2
 	github.com/cometbft/cometbft v0.37.2
diff --git a/go.sum b/go.sum
index 9517bb3954..0a46f4fdf3 100644
--- a/go.sum
+++ b/go.sum
@@ -238,10 +238,10 @@ github.com/BurntSushi/toml v1.3.2/go.mod h1:CxXYINrC8qIiEnFrOxCa7Jy5BFHlXnUU2pbi
 github.com/BurntSushi/xgb v0.0.0-20160522181843-27f122750802/go.mod h1:IVnqGOEym/WlBOVXweHU+Q+/VP0lqqI8lqeDx9IjBqo=
 github.com/ChainSafe/go-schnorrkel v0.0.0-20200405005733-88cbf1b4c40d h1:nalkkPQcITbvhmL4+C4cKA87NW0tfm3Kl9VXRoPywFg=
 github.com/ChainSafe/go-schnorrkel v0.0.0-20200405005733-88cbf1b4c40d/go.mod h1:URdX5+vg25ts3aCh8H5IFZybJYKWhJHYMTnf+ULtoC4=
-github.com/CosmWasm/wasmd v0.43.0 h1:4xQAiNf6Ej+TuYe4PXwrtVJ9C+xyFrbsdqHH/kU9Vxk=
-github.com/CosmWasm/wasmd v0.43.0/go.mod h1:gpri8YvkRErBz+qDme5jOThGZmSlHfyN532bWibXOl4=
-github.com/CosmWasm/wasmvm v1.4.1 h1:YgodVlBrXa2HJZzOXjWDH0EIRwQzK3zuA73dDPRRLS4=
-github.com/CosmWasm/wasmvm v1.4.1/go.mod h1:fXB+m2gyh4v9839zlIXdMZGeLAxqUdYdFQqYsTha2hc=
+github.com/CosmWasm/wasmd v0.44.0 h1:2sbcoCAvfjCs1O0SWt53xULKjkV06dbSFthEViIC6Zg=
+github.com/CosmWasm/wasmd v0.44.0/go.mod h1:tDyYN050qUcdd7LOxGeo2e185sEShyO3nJGl2Cf59+k=
+github.com/CosmWasm/wasmvm v1.5.0 h1:3hKeT9SfwfLhxTGKH3vXaKFzBz1yuvP8SlfwfQXbQfw=
+github.com/CosmWasm/wasmvm v1.5.0/go.mod h1:fXB+m2gyh4v9839zlIXdMZGeLAxqUdYdFQqYsTha2hc=
 github.com/DATA-DOG/go-sqlmock v1.3.3/go.mod h1:f/Ixk793poVmq4qj/V1dPUg2JEAKC73Q5eFN3EC/SaM=
 github.com/DataDog/datadog-go v3.2.0+incompatible/go.mod h1:LButxg5PwREeZtORoXG3tL4fMGNddJ+vMq1mwgfaqoQ=
 github.com/Djarvur/go-err113 v0.0.0-20210108212216-aea10b59be24 h1:sHglBQTwgx+rWPdisA5ynNEsoARbiCBOyGcJM4/OzsM=