diff --git a/package.json b/package.json
index 4b4cecd9f4..84bae82c23 100644
--- a/package.json
+++ b/package.json
@@ -110,7 +110,7 @@
         "maplibre-gl": "^2.0.0",
         "matrix-encrypt-attachment": "^1.0.3",
         "matrix-events-sdk": "0.0.1",
-        "matrix-js-sdk": "34.0.0",
+        "matrix-js-sdk": "34.1.0-rc.2",
         "matrix-widget-api": "^1.5.0",
         "memoize-one": "^6.0.0",
         "minimist": "^1.2.5",
diff --git a/yarn.lock b/yarn.lock
index ad4061c77e..57249f4af4 100644
--- a/yarn.lock
+++ b/yarn.lock
@@ -3515,10 +3515,10 @@ balanced-match@^2.0.0:
   resolved "https://registry.yarnpkg.com/balanced-match/-/balanced-match-2.0.0.tgz#dc70f920d78db8b858535795867bf48f820633d9"
   integrity sha512-1ugUSr8BHXRnK23KfuYS+gVMC3LB8QGH9W1iGtDPsNWoQbgtXSExkBu2aDR4epiGWZOjZsj6lDl/N/AqqTC3UA==
 
-base-x@^4.0.0:
-  version "4.0.0"
-  resolved "https://registry.yarnpkg.com/base-x/-/base-x-4.0.0.tgz#d0e3b7753450c73f8ad2389b5c018a4af7b2224a"
-  integrity sha512-FuwxlW4H5kh37X/oW59pwTzzTKRzfrrQwhmyspRM7swOEZcHtDZSCt45U6oKgtuFE+WYPblePMVIPR4RZrh/hw==
+base-x@^5.0.0:
+  version "5.0.0"
+  resolved "https://registry.yarnpkg.com/base-x/-/base-x-5.0.0.tgz#6d835ceae379130e1a4cb846a70ac4746f28ea9b"
+  integrity sha512-sMW3VGSX1QWVFA6l8U62MLKz29rRfpTlYdCqLdpLo1/Yd4zZwSbnUaDfciIAowAqvq7YFnWq9hrhdg1KYgc1lQ==
 
 base64-arraybuffer@^1.0.2:
   version "1.0.2"
@@ -3615,12 +3615,12 @@ browserslist@^4.22.2, browserslist@^4.23.0:
     node-releases "^2.0.14"
     update-browserslist-db "^1.0.13"
 
-bs58@^5.0.0:
-  version "5.0.0"
-  resolved "https://registry.yarnpkg.com/bs58/-/bs58-5.0.0.tgz#865575b4d13c09ea2a84622df6c8cbeb54ffc279"
-  integrity sha512-r+ihvQJvahgYT50JD05dyJNKlmmSlMoOGwn1lCcEzanPglg7TxYjioQUYehQ9mAR/+hOSd2jRc/Z2y5UxBymvQ==
+bs58@^6.0.0:
+  version "6.0.0"
+  resolved "https://registry.yarnpkg.com/bs58/-/bs58-6.0.0.tgz#a2cda0130558535dd281a2f8697df79caaf425d8"
+  integrity sha512-PD0wEnEYg6ijszw/u8s+iI3H17cTymlrwkKhDhPZq+Sokl3AU4htyBFTjAeNAlCCmg0f53g6ih3jATyCKftTfw==
   dependencies:
-    base-x "^4.0.0"
+    base-x "^5.0.0"
 
 bser@2.1.1:
   version "2.1.1"
@@ -6868,15 +6868,15 @@ matrix-events-sdk@0.0.1:
   resolved "https://registry.yarnpkg.com/matrix-events-sdk/-/matrix-events-sdk-0.0.1.tgz#c8c38911e2cb29023b0bbac8d6f32e0de2c957dd"
   integrity sha512-1QEOsXO+bhyCroIe2/A5OwaxHvBm7EsSQ46DEDn8RBIfQwN5HWBpFvyWWR4QY0KHPPnnJdI99wgRiAl7Ad5qaA==
 
-matrix-js-sdk@34.0.0:
-  version "34.0.0"
-  resolved "https://registry.yarnpkg.com/matrix-js-sdk/-/matrix-js-sdk-34.0.0.tgz#a888a9bb9d2814115063545789931d3f094fb131"
-  integrity sha512-gCOb+fsp2fziE13k64e4IF/FxVKXkSooQF96742CtKsPATqOEoVugnbdTqYiqgiy7skqJxg4Ggh1LsYkf2gykQ==
+matrix-js-sdk@34.1.0-rc.2:
+  version "34.1.0-rc.2"
+  resolved "https://registry.yarnpkg.com/matrix-js-sdk/-/matrix-js-sdk-34.1.0-rc.2.tgz#d8e015eb5baaa77b870fd69f27c31d7edc1098e1"
+  integrity sha512-OsmOc3C5mlnsdM9Bpm1jBgdUZBAAL3/ZMaZNOD3OzA9yxhw893NOX7Rx1Azm96cYGYdBJRJ9qQMAaQbkXz5NDA==
   dependencies:
     "@babel/runtime" "^7.12.5"
     "@matrix-org/matrix-sdk-crypto-wasm" "^6.0.0"
     another-json "^0.2.0"
-    bs58 "^5.0.0"
+    bs58 "^6.0.0"
     content-type "^1.0.4"
     jwt-decode "^4.0.0"
     loglevel "^1.7.1"
@@ -8477,7 +8477,16 @@ string-length@^4.0.1:
     char-regex "^1.0.2"
     strip-ansi "^6.0.0"
 
-"string-width-cjs@npm:string-width@^4.2.0", string-width@^4.1.0, string-width@^4.2.0, string-width@^4.2.3:
+"string-width-cjs@npm:string-width@^4.2.0":
+  version "4.2.3"
+  resolved "https://registry.yarnpkg.com/string-width/-/string-width-4.2.3.tgz#269c7117d27b05ad2e536830a8ec895ef9c6d010"
+  integrity sha512-wKyQRQpjJ0sIp62ErSZdGsjMJWsap5oRNihHhu6G7JVO/9jIB6UyevL+tXuOqrng8j/cxKTWyWUwvSTriiZz/g==
+  dependencies:
+    emoji-regex "^8.0.0"
+    is-fullwidth-code-point "^3.0.0"
+    strip-ansi "^6.0.1"
+
+string-width@^4.1.0, string-width@^4.2.0, string-width@^4.2.3:
   version "4.2.3"
   resolved "https://registry.yarnpkg.com/string-width/-/string-width-4.2.3.tgz#269c7117d27b05ad2e536830a8ec895ef9c6d010"
   integrity sha512-wKyQRQpjJ0sIp62ErSZdGsjMJWsap5oRNihHhu6G7JVO/9jIB6UyevL+tXuOqrng8j/cxKTWyWUwvSTriiZz/g==
@@ -8564,7 +8573,14 @@ string_decoder@~1.1.1:
   dependencies:
     safe-buffer "~5.1.0"
 
-"strip-ansi-cjs@npm:strip-ansi@^6.0.1", strip-ansi@^6.0.0, strip-ansi@^6.0.1:
+"strip-ansi-cjs@npm:strip-ansi@^6.0.1":
+  version "6.0.1"
+  resolved "https://registry.yarnpkg.com/strip-ansi/-/strip-ansi-6.0.1.tgz#9e26c63d30f53443e9489495b2105d37b67a85d9"
+  integrity sha512-Y38VPSHcqkFrCpFnQ9vuSXmquuv5oXOKpGeT6aGrr3o3Gc9AlVa6JBfUSOCnbxGGZF+/0ooI7KrPuUSztUdU5A==
+  dependencies:
+    ansi-regex "^5.0.1"
+
+strip-ansi@^6.0.0, strip-ansi@^6.0.1:
   version "6.0.1"
   resolved "https://registry.yarnpkg.com/strip-ansi/-/strip-ansi-6.0.1.tgz#9e26c63d30f53443e9489495b2105d37b67a85d9"
   integrity sha512-Y38VPSHcqkFrCpFnQ9vuSXmquuv5oXOKpGeT6aGrr3o3Gc9AlVa6JBfUSOCnbxGGZF+/0ooI7KrPuUSztUdU5A==
@@ -9363,7 +9379,7 @@ which@^2.0.1:
   dependencies:
     isexe "^2.0.0"
 
-"wrap-ansi-cjs@npm:wrap-ansi@^7.0.0", wrap-ansi@^7.0.0:
+"wrap-ansi-cjs@npm:wrap-ansi@^7.0.0":
   version "7.0.0"
   resolved "https://registry.yarnpkg.com/wrap-ansi/-/wrap-ansi-7.0.0.tgz#67e145cff510a6a6984bdf1152911d69d2eb9e43"
   integrity sha512-YVGIj2kamLSTxw6NsZjoBxfSwsn0ycdesmc4p+Q21c5zPuZ1pl+NfxVdxPtdHvmNVOQ6XSYG4AUtyt/Fi7D16Q==
@@ -9381,6 +9397,15 @@ wrap-ansi@^6.2.0:
     string-width "^4.1.0"
     strip-ansi "^6.0.0"
 
+wrap-ansi@^7.0.0:
+  version "7.0.0"
+  resolved "https://registry.yarnpkg.com/wrap-ansi/-/wrap-ansi-7.0.0.tgz#67e145cff510a6a6984bdf1152911d69d2eb9e43"
+  integrity sha512-YVGIj2kamLSTxw6NsZjoBxfSwsn0ycdesmc4p+Q21c5zPuZ1pl+NfxVdxPtdHvmNVOQ6XSYG4AUtyt/Fi7D16Q==
+  dependencies:
+    ansi-styles "^4.0.0"
+    string-width "^4.1.0"
+    strip-ansi "^6.0.0"
+
 wrap-ansi@^8.1.0:
   version "8.1.0"
   resolved "https://registry.yarnpkg.com/wrap-ansi/-/wrap-ansi-8.1.0.tgz#56dc22368ee570face1b49819975d9b9a5ead214"