diff --git a/go.mod b/go.mod
index 50d63ab397..0763b86dbd 100644
--- a/go.mod
+++ b/go.mod
@@ -16,7 +16,7 @@ require (
 	github.com/algorand/websocket v1.4.6
 	github.com/aws/aws-sdk-go v1.33.0
 	github.com/cockroachdb/pebble v0.0.0-20230807162746-af8c5f279001
-	github.com/consensys/gnark-crypto v0.11.2
+	github.com/consensys/gnark-crypto v0.12.0
 	github.com/davidlazar/go-crypto v0.0.0-20200604182044-b73af7476f6c
 	github.com/dchest/siphash v1.2.1
 	github.com/fatih/color v1.13.0
diff --git a/go.sum b/go.sum
index 0d8dd8635b..18a374b6e8 100644
--- a/go.sum
+++ b/go.sum
@@ -125,8 +125,8 @@ github.com/cockroachdb/tokenbucket v0.0.0-20230613231145-182959a1fad6/go.mod h1:
 github.com/codegangsta/inject v0.0.0-20150114235600-33e0aa1cb7c0/go.mod h1:4Zcjuz89kmFXt9morQgcfYZAYZ5n8WHjt81YYWIwtTM=
 github.com/consensys/bavard v0.1.13 h1:oLhMLOFGTLdlda/kma4VOJazblc7IM5y5QPd2A/YjhQ=
 github.com/consensys/bavard v0.1.13/go.mod h1:9ItSMtA/dXMAiL7BG6bqW2m3NdSEObYWoH223nGHukI=
-github.com/consensys/gnark-crypto v0.11.2 h1:GJjjtWJ+db1xGao7vTsOgAOGgjfPe7eRGPL+xxMX0qE=
-github.com/consensys/gnark-crypto v0.11.2/go.mod h1:v2Gy7L/4ZRosZ7Ivs+9SfUDr0f5UlG+EM5t7MPHiLuY=
+github.com/consensys/gnark-crypto v0.12.0 h1:1OnSpOykNkUIBIBJKdhwy2p0JlW5o+Az02ICzZmvvdg=
+github.com/consensys/gnark-crypto v0.12.0/go.mod h1:v2Gy7L/4ZRosZ7Ivs+9SfUDr0f5UlG+EM5t7MPHiLuY=
 github.com/containerd/cgroups v0.0.0-20201119153540-4cbc285b3327/go.mod h1:ZJeTFisyysqgcCdecO57Dj79RfL0LNeGiFUqLYQRYLE=
 github.com/containerd/cgroups v1.1.0 h1:v8rEWFl6EoqHB+swVNjVoCJE8o3jX7e8nqBGPLaDFBM=
 github.com/containerd/cgroups v1.1.0/go.mod h1:6ppBcbh/NOOUU+dMKrykgaBnK9lCIBxHqJDGwsa1mIw=
diff --git a/scripts/check_deps.sh b/scripts/check_deps.sh
index a296c11b93..4022bb544b 100755
--- a/scripts/check_deps.sh
+++ b/scripts/check_deps.sh
@@ -48,6 +48,7 @@ check_go_binary_version() {
 
   if [ "$expected_version" != "$actual_version" ]; then
       echo "$YELLOW_FG[WARNING]$END_FG_COLOR $binary_name version mismatch, expected $expected_version, but got $actual_version"
+      echo "Use 'install_buildtools.sh' to fix."
   fi
 }
 
diff --git a/tools/block-generator/go.mod b/tools/block-generator/go.mod
index 212ceed63d..67d7f24891 100644
--- a/tools/block-generator/go.mod
+++ b/tools/block-generator/go.mod
@@ -35,7 +35,7 @@ require (
 	github.com/cockroachdb/sentry-go v0.6.1-cockroachdb.2 // indirect
 	github.com/cockroachdb/tokenbucket v0.0.0-20230613231145-182959a1fad6 // indirect
 	github.com/consensys/bavard v0.1.13 // indirect
-	github.com/consensys/gnark-crypto v0.11.2 // indirect
+	github.com/consensys/gnark-crypto v0.12.0 // indirect
 	github.com/containerd/cgroups v1.1.0 // indirect
 	github.com/coreos/go-systemd/v22 v22.5.0 // indirect
 	github.com/davecgh/go-spew v1.1.1 // indirect
diff --git a/tools/block-generator/go.sum b/tools/block-generator/go.sum
index 6c6aeda101..44efe6321d 100644
--- a/tools/block-generator/go.sum
+++ b/tools/block-generator/go.sum
@@ -119,8 +119,8 @@ github.com/cockroachdb/tokenbucket v0.0.0-20230613231145-182959a1fad6/go.mod h1:
 github.com/codegangsta/inject v0.0.0-20150114235600-33e0aa1cb7c0/go.mod h1:4Zcjuz89kmFXt9morQgcfYZAYZ5n8WHjt81YYWIwtTM=
 github.com/consensys/bavard v0.1.13 h1:oLhMLOFGTLdlda/kma4VOJazblc7IM5y5QPd2A/YjhQ=
 github.com/consensys/bavard v0.1.13/go.mod h1:9ItSMtA/dXMAiL7BG6bqW2m3NdSEObYWoH223nGHukI=
-github.com/consensys/gnark-crypto v0.11.2 h1:GJjjtWJ+db1xGao7vTsOgAOGgjfPe7eRGPL+xxMX0qE=
-github.com/consensys/gnark-crypto v0.11.2/go.mod h1:v2Gy7L/4ZRosZ7Ivs+9SfUDr0f5UlG+EM5t7MPHiLuY=
+github.com/consensys/gnark-crypto v0.12.0 h1:1OnSpOykNkUIBIBJKdhwy2p0JlW5o+Az02ICzZmvvdg=
+github.com/consensys/gnark-crypto v0.12.0/go.mod h1:v2Gy7L/4ZRosZ7Ivs+9SfUDr0f5UlG+EM5t7MPHiLuY=
 github.com/containerd/cgroups v0.0.0-20201119153540-4cbc285b3327/go.mod h1:ZJeTFisyysqgcCdecO57Dj79RfL0LNeGiFUqLYQRYLE=
 github.com/containerd/cgroups v1.1.0 h1:v8rEWFl6EoqHB+swVNjVoCJE8o3jX7e8nqBGPLaDFBM=
 github.com/containerd/cgroups v1.1.0/go.mod h1:6ppBcbh/NOOUU+dMKrykgaBnK9lCIBxHqJDGwsa1mIw=