diff --git a/pyproject.toml b/pyproject.toml
index 736b7ef8..f293d99c 100644
--- a/pyproject.toml
+++ b/pyproject.toml
@@ -9,11 +9,11 @@ build-backend = "setuptools.build_meta"
 
 [project]
 name = "snet-cli"
-version = "3.1.0"
+version = "3.1.1"
 description = "SingularityNET CLI"
 readme = "README.md"
 requires-python = ">=3.10"
-license = {text = "MIT"}
+license = "MIT"
 authors = [
     {name = "SingularityNET Foundation", email = "info@singularitynet.io"}
 ]
@@ -30,8 +30,7 @@ dependencies = [
     "mnemonic==0.21",
     "pyyaml~=6.0.1",
     "ipfshttpclient==0.4.13.2",
-    "pymultihash==0.8.2",
-    "base58==2.1.1",
+    "py-multihash~=3.0",
     "argcomplete~=3.1",
     "grpcio-health-checking~=1.59",
     "jsonschema~=4.1",
diff --git a/requirements.txt b/requirements.txt
index d48692a1..29853af1 100644
--- a/requirements.txt
+++ b/requirements.txt
@@ -2,17 +2,12 @@ protobuf~=6.30
 grpcio~=1.59
 grpcio-tools~=1.59
 wheel~=0.45
-# jsonrpcclient~=4.0
-# eth-hash~=0.5
 rlp~=4.0
-# eth-rlp~=2.0
 web3~=7.0
 mnemonic==0.21
-# pycoin==0.92.20241201
 pyyaml~=6.0.1
 ipfshttpclient==0.4.13.2
-pymultihash==0.8.2
-base58==2.1.1
+py-multihash~=3.0
 argcomplete~=3.1
 grpcio-health-checking~=1.59
 jsonschema~=4.1
diff --git a/setup.py b/setup.py
index da43752a..63a00d87 100644
--- a/setup.py
+++ b/setup.py
@@ -1,11 +1,11 @@
-import os
 from pathlib import Path
 from setuptools import setup
 from setuptools.command.develop import develop as _develop
 from setuptools.command.install import install as _install
 from setuptools.command.build_py import build_py as _build_py
 from grpc_tools import protoc
-from pkg_resources import resource_filename
+import importlib.resources
+
 
 def install_and_compile_proto():
     """
@@ -14,8 +14,7 @@ def install_and_compile_proto():
     proto_dir = Path(__file__).absolute().parent.joinpath(
         "snet", "cli", "resources", "proto")
 
-    # Locate the standard grpc_tools internal protos (google/protobuf/...)
-    grpc_protos_include = resource_filename('grpc_tools', '_proto')
+    grpc_protos_include = str(importlib.resources.files('grpc_tools').joinpath('_proto'))
 
     print(f"Proto directory: {proto_dir}")
     print(f"Grpc include directory: {grpc_protos_include}")
@@ -31,7 +30,7 @@ def install_and_compile_proto():
         command = [
             'grpc_tools.protoc',
             f'-I{proto_dir}',
-            f'-I{grpc_protos_include}',  # <--- CRITICAL FIX: Add standard protos to include path
+            f'-I{grpc_protos_include}',
             f'--python_out={proto_dir}',
             f'--grpc_python_out={proto_dir}',
             str(fn)
@@ -41,27 +40,30 @@ def install_and_compile_proto():
             print(f"Error: Failed to compile {fn}")
             raise RuntimeError(f"Protocol buffer compilation failed for {fn}")
 
+
 class build_py(_build_py):
     """
-    Override build_py to compile protos before building the wheel.
     This is the hook used by 'python -m build'.
     """
     def run(self):
         self.execute(install_and_compile_proto, (), msg="Compile protocol buffers")
         _build_py.run(self)
 
+
 class develop(_develop):
     """Post-installation for development mode (pip install -e .)."""
     def run(self):
         self.execute(install_and_compile_proto, (), msg="Compile protocol buffers")
         _develop.run(self)
 
+
 class install(_install):
     """Post-installation for legacy installation mode."""
     def run(self):
         self.execute(install_and_compile_proto, (), msg="Compile protocol buffers")
         _install.run(self)
 
+
 setup(
     cmdclass={
         'develop': develop,
diff --git a/snet/cli/utils/ipfs_utils.py b/snet/cli/utils/ipfs_utils.py
index 8279c88b..c1b2e083 100644
--- a/snet/cli/utils/ipfs_utils.py
+++ b/snet/cli/utils/ipfs_utils.py
@@ -4,8 +4,8 @@
 import io
 import os
 
-import base58
 import multihash
+import hashlib
 
 
 def publish_file_in_ipfs(ipfs_client, filepath, wrap_with_directory=True):
@@ -96,26 +96,33 @@ def publish_proto_in_filecoin(filecoin_client, protodir):
 
 def get_from_ipfs_and_checkhash(ipfs_client, ipfs_hash_base58, validate=True):
     """
-    Get file from IPFS. If validate is True, verify the integrity of the file using its hash.
+    Get file from IPFS and validate hash
     """
-
     data = ipfs_client.cat(ipfs_hash_base58)
 
     if validate:
         block_data = ipfs_client.block.get(ipfs_hash_base58)
 
-        # print(f"IPFS hash (Base58): {ipfs_hash_base58}")
-        # print(f"Block data length: {len(block_data)}")
-
-        # Decode Base58 bash to multihash
         try:
-            decoded_hash_bytes = base58.b58decode(ipfs_hash_base58)
-            mh = multihash.decode(decoded_hash_bytes)
-        except Exception as e:
-            raise ValueError(f"Invalid multihash for IPFS hash: {ipfs_hash_base58}. Error: {str(e)}") from e
+            mh_bytes = multihash.from_b58_string(ipfs_hash_base58)
+            decoded = multihash.decode(mh_bytes)
+
+            hash_func_name = decoded.name
+            expected_digest = decoded.digest
 
-        if not mh.verify(block_data):  # Correctly using mh instance for verification
-            raise Exception("IPFS hash mismatch with data")
+            if hash_func_name == 'sha2-256': # Standard for IPFS (CIDv0)
+                actual_digest = hashlib.sha256(block_data).digest()
+            else:
+                # Handle other algorithms supported by hashlib if necessary
+                h = hashlib.new(hash_func_name.replace('-', ''))
+                h.update(block_data)
+                actual_digest = h.digest()
+
+            if actual_digest != expected_digest:
+                raise Exception("IPFS hash mismatch with data")
+
+        except Exception as e:
+            raise ValueError(f"Integrity check failed: {str(e)}") from e
 
     return data