diff --git a/.github/workflows/cypress.yml b/.github/workflows/cypress.yml
index 7cace626c..e8f6d1df1 100644
--- a/.github/workflows/cypress.yml
+++ b/.github/workflows/cypress.yml
@@ -2,7 +2,7 @@ name: Cypress Tests
 
 on:
   pull_request:
-    types: [ opened, review_requested, synchronize ]
+    types: [opened, review_requested, synchronize]
 jobs:
   cypress:
     if: "!contains(github.event.pull_request.labels.*.name, 'ops') && !contains(github.head_ref, 'ops/')"
@@ -24,36 +24,36 @@ jobs:
           - module: "bisq"
             spec: |
               cypress/e2e/bisq/bisq.spec.ts
-          
+
     name: E2E tests for ${{ matrix.module }}
     steps:
       - name: Checkout
-        uses: actions/checkout@v2
+        uses: actions/checkout@v3
         with:
           path: ${{ matrix.module }}
-          
+
       - name: Setup node
-        uses: actions/setup-node@v2
+        uses: actions/setup-node@v3
         with:
           node-version: 16.15.0
-          cache: 'npm'
+          cache: "npm"
           cache-dependency-path: ${{ matrix.module }}/frontend/package-lock.json
 
       - name: Chrome browser tests (${{ matrix.module }})
-        uses: cypress-io/github-action@v4
+        uses: cypress-io/github-action@v5
         with:
           tag: ${{ github.event_name }}
           working-directory: ${{ matrix.module }}/frontend
           build: npm run config:defaults:${{ matrix.module }}
           start: npm run start:local-staging
-          wait-on: 'http://localhost:4200'
+          wait-on: "http://localhost:4200"
           wait-on-timeout: 120
           record: true
           parallel: true
           spec: ${{ matrix.spec }}
           group: Tests on Chrome (${{ matrix.module }})
           browser: "chrome"
-          ci-build-id: '${{ github.sha }}-${{ github.workflow }}-${{ github.event_name }}'
+          ci-build-id: "${{ github.sha }}-${{ github.workflow }}-${{ github.event_name }}"
         env:
           COMMIT_INFO_MESSAGE: ${{ github.event.pull_request.title }}
           CYPRESS_RECORD_KEY: ${{ secrets.CYPRESS_RECORD_KEY }}
diff --git a/frontend/package-lock.json b/frontend/package-lock.json
index 2efccf07d..72f9e7afa 100644
--- a/frontend/package-lock.json
+++ b/frontend/package-lock.json
@@ -31,6 +31,7 @@
         "bootstrap": "~4.6.1",
         "browserify": "^17.0.0",
         "clipboard": "^2.0.11",
+        "cypress": "^12.1.0",
         "domino": "^2.1.6",
         "echarts": "~5.4.0",
         "echarts-gl": "^2.0.9",
@@ -57,8 +58,8 @@
         "typescript": "~4.6.4"
       },
       "optionalDependencies": {
-        "@cypress/schematic": "~2.3.0",
-        "cypress": "^11.2.0",
+        "@cypress/schematic": "^2.4.0",
+        "cypress": "^12.1.0",
         "cypress-fail-on-console-error": "~4.0.2",
         "cypress-wait-until": "^1.7.2",
         "mock-socket": "~9.1.5",
@@ -3225,9 +3226,9 @@
       }
     },
     "node_modules/@cypress/schematic": {
-      "version": "2.3.0",
-      "resolved": "https://registry.npmjs.org/@cypress/schematic/-/schematic-2.3.0.tgz",
-      "integrity": "sha512-LBKX20MUUYF2Xu+1+KpVbLCoMvt2Osa80yQfonduVsLJ/p8JxtLHqufuf/ryJp9Gm9R5sDfk/YhHL+rB7a+gsg==",
+      "version": "2.4.0",
+      "resolved": "https://registry.npmjs.org/@cypress/schematic/-/schematic-2.4.0.tgz",
+      "integrity": "sha512-aor8hQ+gMXqx/ASdo7CUGo/sMEWwwfSRsLr99rM2GjvW+pZnCKKTnRG4UPf8Ro9SevLJj7KRZAZWxa5MAkJzZA==",
       "optional": true,
       "dependencies": {
         "@angular-devkit/architect": "^0.1402.1",
@@ -7019,9 +7020,9 @@
       "peer": true
     },
     "node_modules/cypress": {
-      "version": "11.2.0",
-      "resolved": "https://registry.npmjs.org/cypress/-/cypress-11.2.0.tgz",
-      "integrity": "sha512-u61UGwtu7lpsNWLUma/FKNOsrjcI6wleNmda/TyKHe0dOBcVjbCPlp1N6uwFZ0doXev7f/91YDpU9bqDCFeBLA==",
+      "version": "12.1.0",
+      "resolved": "https://registry.npmjs.org/cypress/-/cypress-12.1.0.tgz",
+      "integrity": "sha512-7fz8N84uhN1+ePNDsfQvoWEl4P3/VGKKmAg+bJQFY4onhA37Ys+6oBkGbNdwGeC7n2QqibNVPhk8x3YuQLwzfw==",
       "hasInstallScript": true,
       "optional": true,
       "dependencies": {
@@ -7072,7 +7073,7 @@
         "cypress": "bin/cypress"
       },
       "engines": {
-        "node": ">=12.0.0"
+        "node": "^14.0.0 || ^16.0.0 || >=18.0.0"
       }
     },
     "node_modules/cypress-fail-on-console-error": {
@@ -19345,9 +19346,9 @@
       }
     },
     "@cypress/schematic": {
-      "version": "2.3.0",
-      "resolved": "https://registry.npmjs.org/@cypress/schematic/-/schematic-2.3.0.tgz",
-      "integrity": "sha512-LBKX20MUUYF2Xu+1+KpVbLCoMvt2Osa80yQfonduVsLJ/p8JxtLHqufuf/ryJp9Gm9R5sDfk/YhHL+rB7a+gsg==",
+      "version": "2.4.0",
+      "resolved": "https://registry.npmjs.org/@cypress/schematic/-/schematic-2.4.0.tgz",
+      "integrity": "sha512-aor8hQ+gMXqx/ASdo7CUGo/sMEWwwfSRsLr99rM2GjvW+pZnCKKTnRG4UPf8Ro9SevLJj7KRZAZWxa5MAkJzZA==",
       "optional": true,
       "requires": {
         "@angular-devkit/architect": "^0.1402.1",
@@ -22282,9 +22283,9 @@
       "peer": true
     },
     "cypress": {
-      "version": "11.2.0",
-      "resolved": "https://registry.npmjs.org/cypress/-/cypress-11.2.0.tgz",
-      "integrity": "sha512-u61UGwtu7lpsNWLUma/FKNOsrjcI6wleNmda/TyKHe0dOBcVjbCPlp1N6uwFZ0doXev7f/91YDpU9bqDCFeBLA==",
+      "version": "12.1.0",
+      "resolved": "https://registry.npmjs.org/cypress/-/cypress-12.1.0.tgz",
+      "integrity": "sha512-7fz8N84uhN1+ePNDsfQvoWEl4P3/VGKKmAg+bJQFY4onhA37Ys+6oBkGbNdwGeC7n2QqibNVPhk8x3YuQLwzfw==",
       "optional": true,
       "requires": {
         "@cypress/request": "^2.88.10",
diff --git a/frontend/package.json b/frontend/package.json
index 325bb6bc3..174392ef0 100644
--- a/frontend/package.json
+++ b/frontend/package.json
@@ -109,8 +109,8 @@
     "typescript": "~4.6.4"
   },
   "optionalDependencies": {
-    "@cypress/schematic": "~2.3.0",
-    "cypress": "^11.2.0",
+    "@cypress/schematic": "^2.4.0",
+    "cypress": "^12.1.0",
     "cypress-fail-on-console-error": "~4.0.2",
     "cypress-wait-until": "^1.7.2",
     "mock-socket": "~9.1.5",