diff --git a/packages/contract-wrappers/CHANGELOG.json b/packages/contract-wrappers/CHANGELOG.json
index 33d9bc4c0f..e34b50c1aa 100644
--- a/packages/contract-wrappers/CHANGELOG.json
+++ b/packages/contract-wrappers/CHANGELOG.json
@@ -1,4 +1,12 @@
 [
+    {
+        "version": "0.0.6",
+        "changes": [
+            {
+                "note": "Update blockstream to v5.0 and propogate up caught errors to active subscriptions"
+            }
+        ]
+    },
     {
         "timestamp": 1529397769,
         "version": "0.0.5",
diff --git a/packages/contract-wrappers/package.json b/packages/contract-wrappers/package.json
index 1b4835be6e..373e023bd5 100644
--- a/packages/contract-wrappers/package.json
+++ b/packages/contract-wrappers/package.json
@@ -74,7 +74,7 @@
         "source-map-support": "^0.5.0",
         "tslint": "5.8.0",
         "typescript": "2.7.1",
-        "web3-provider-engine": "^14.0.4"
+        "web3-provider-engine": "14.0.6"
     },
     "dependencies": {
         "@0xproject/assert": "^0.2.12",
@@ -87,7 +87,7 @@
         "@0xproject/utils": "^0.7.1",
         "@0xproject/web3-wrapper": "^0.7.1",
         "ethereum-types": "^0.0.2",
-        "ethereumjs-blockstream": "^2.0.6",
+        "ethereumjs-blockstream": "5.0.0",
         "ethereumjs-util": "^5.1.1",
         "ethers": "3.0.22",
         "js-sha3": "^0.7.0",
diff --git a/packages/contract-wrappers/src/contract_wrappers/contract_wrapper.ts b/packages/contract-wrappers/src/contract_wrappers/contract_wrapper.ts
index 04f69bc3d0..9cc661080a 100644
--- a/packages/contract-wrappers/src/contract_wrappers/contract_wrapper.ts
+++ b/packages/contract-wrappers/src/contract_wrappers/contract_wrapper.ts
@@ -9,7 +9,7 @@ import {
 } from '@0xproject/types';
 import { intervalUtils } from '@0xproject/utils';
 import { Web3Wrapper } from '@0xproject/web3-wrapper';
-import { Block, BlockAndLogStreamer } from 'ethereumjs-blockstream';
+import { Block, BlockAndLogStreamer, Log } from 'ethereumjs-blockstream';
 import * as _ from 'lodash';
 
 import {
@@ -39,7 +39,7 @@ export abstract class ContractWrapper {
     public abstract abi: ContractAbi;
     protected _web3Wrapper: Web3Wrapper;
     protected _networkId: number;
-    private _blockAndLogStreamerIfExists?: BlockAndLogStreamer;
+    private _blockAndLogStreamerIfExists: BlockAndLogStreamer<Block, Log> | undefined;
     private _blockAndLogStreamIntervalIfExists?: NodeJS.Timer;
     private _filters: { [filterToken: string]: FilterObject };
     private _filterCallbacks: {
@@ -163,6 +163,7 @@ export abstract class ContractWrapper {
         this._blockAndLogStreamerIfExists = new BlockAndLogStreamer(
             this._web3Wrapper.getBlockAsync.bind(this._web3Wrapper),
             this._web3Wrapper.getLogsAsync.bind(this._web3Wrapper),
+            this._onBlockAndLogStreamerError.bind(this),
         );
         const catchAllLogFilter = {};
         this._blockAndLogStreamerIfExists.addLogFilter(catchAllLogFilter);
@@ -180,6 +181,14 @@ export abstract class ContractWrapper {
             this._onLogStateChanged.bind(this, isRemoved),
         );
     }
+    private _onBlockAndLogStreamerError(err: Error): void {
+        // Propogate all Blockstream subscriber errors to all
+        // top-level subscriptions
+        const filterCallbacks = _.values(this._filterCallbacks);
+        _.each(filterCallbacks, filterCallback => {
+            filterCallback(err);
+        });
+    }
     private _onReconcileBlockError(err: Error): void {
         const filterTokens = _.keys(this._filterCallbacks);
         _.each(filterTokens, filterToken => {
diff --git a/packages/dev-utils/package.json b/packages/dev-utils/package.json
index 621053ed7f..ebb2aeb416 100644
--- a/packages/dev-utils/package.json
+++ b/packages/dev-utils/package.json
@@ -53,7 +53,7 @@
         "@0xproject/web3-wrapper": "^0.7.1",
         "lodash": "^4.17.4",
         "web3": "^0.20.0",
-        "web3-provider-engine": "^14.0.4"
+        "web3-provider-engine": "14.0.6"
     },
     "publishConfig": {
         "access": "public"
diff --git a/packages/metacoin/package.json b/packages/metacoin/package.json
index 6b6ab9c407..3fa79387ef 100644
--- a/packages/metacoin/package.json
+++ b/packages/metacoin/package.json
@@ -45,7 +45,7 @@
         "ethers": "3.0.22",
         "lodash": "^4.17.4",
         "run-s": "^0.0.0",
-        "web3-provider-engine": "^14.0.4"
+        "web3-provider-engine": "14.0.6"
     },
     "devDependencies": {
         "@0xproject/dev-utils": "^0.4.4",
diff --git a/packages/migrations/package.json b/packages/migrations/package.json
index f4190a7716..a5fd3756ac 100644
--- a/packages/migrations/package.json
+++ b/packages/migrations/package.json
@@ -70,7 +70,7 @@
         "ethereum-types": "^0.0.2",
         "ethers": "3.0.22",
         "lodash": "^4.17.4",
-        "web3-provider-engine": "^14.0.4"
+        "web3-provider-engine": "14.0.6"
     },
     "optionalDependencies": {
         "@ledgerhq/hw-transport-node-hid": "^4.3.0"
diff --git a/packages/subproviders/package.json b/packages/subproviders/package.json
index d15f801632..a3ff31f539 100644
--- a/packages/subproviders/package.json
+++ b/packages/subproviders/package.json
@@ -56,7 +56,7 @@
         "lodash": "^4.17.4",
         "semaphore-async-await": "^1.5.1",
         "web3": "^0.20.0",
-        "web3-provider-engine": "^14.0.4"
+        "web3-provider-engine": "14.0.6"
     },
     "devDependencies": {
         "@0xproject/monorepo-scripts": "^0.2.1",
diff --git a/packages/testnet-faucets/package.json b/packages/testnet-faucets/package.json
index fdd71656ae..0ec62f0975 100644
--- a/packages/testnet-faucets/package.json
+++ b/packages/testnet-faucets/package.json
@@ -29,7 +29,7 @@
         "lodash": "^4.17.4",
         "rollbar": "^0.6.5",
         "web3": "^0.20.0",
-        "web3-provider-engine": "^14.0.4"
+        "web3-provider-engine": "14.0.6"
     },
     "devDependencies": {
         "@0xproject/tslint-config": "^0.4.20",
diff --git a/packages/website/package.json b/packages/website/package.json
index cc7b7c05c1..1bfc385b58 100644
--- a/packages/website/package.json
+++ b/packages/website/package.json
@@ -59,7 +59,7 @@
         "thenby": "^1.2.3",
         "truffle-contract": "2.0.1",
         "web3": "^0.20.0",
-        "web3-provider-engine": "^14.0.4",
+        "web3-provider-engine": "14.0.6",
         "whatwg-fetch": "^2.0.3",
         "xml-js": "^1.6.4"
     },
diff --git a/yarn.lock b/yarn.lock
index 4570dd7743..655c1b39b7 100644
--- a/yarn.lock
+++ b/yarn.lock
@@ -3958,7 +3958,7 @@ etag@~1.8.1:
   version "1.8.1"
   resolved "https://registry.yarnpkg.com/etag/-/etag-1.8.1.tgz#41ae2eeb65efa62268aebfea83ac7d79299b0887"
 
-eth-block-tracker@^2.2.2, eth-block-tracker@^2.3.0:
+eth-block-tracker@^2.2.2:
   version "2.3.0"
   resolved "https://registry.yarnpkg.com/eth-block-tracker/-/eth-block-tracker-2.3.0.tgz#4cb782c8ef8fde2f5dc894921ae1f5c1077c35a4"
   dependencies:
@@ -4109,13 +4109,13 @@ ethereumjs-block@~1.2.2:
     ethereumjs-util "^4.0.1"
     merkle-patricia-tree "^2.1.2"
 
-ethereumjs-blockstream@^2.0.6:
-  version "2.0.7"
-  resolved "https://registry.yarnpkg.com/ethereumjs-blockstream/-/ethereumjs-blockstream-2.0.7.tgz#8e791d18d517f13e0ba928892dda545dc930936b"
+ethereumjs-blockstream@5.0.0:
+  version "5.0.0"
+  resolved "https://registry.yarnpkg.com/ethereumjs-blockstream/-/ethereumjs-blockstream-5.0.0.tgz#63bfe9185757329a32822d5815562eb1dcd75d71"
   dependencies:
-    immutable "3.8.1"
-    source-map-support "0.4.14"
-    uuid "3.0.1"
+    immutable "3.8.2"
+    source-map-support "0.5.6"
+    uuid "3.2.1"
 
 ethereumjs-tx@0xProject/ethereumjs-tx#fake-tx-include-signature-by-default:
   version "1.3.4"
@@ -5800,9 +5800,9 @@ immediate@^3.2.3:
   version "3.2.3"
   resolved "https://registry.yarnpkg.com/immediate/-/immediate-3.2.3.tgz#d140fa8f614659bd6541233097ddaac25cdd991c"
 
-immutable@3.8.1:
-  version "3.8.1"
-  resolved "https://registry.yarnpkg.com/immutable/-/immutable-3.8.1.tgz#200807f11ab0f72710ea485542de088075f68cd2"
+immutable@3.8.2:
+  version "3.8.2"
+  resolved "https://registry.yarnpkg.com/immutable/-/immutable-3.8.2.tgz#c2439951455bb39913daf281376f1530e104adf3"
 
 import-lazy@^2.1.0:
   version "2.1.0"
@@ -10757,11 +10757,12 @@ source-map-resolve@^0.5.0:
     source-map-url "^0.4.0"
     urix "^0.1.0"
 
-source-map-support@0.4.14:
-  version "0.4.14"
-  resolved "https://registry.yarnpkg.com/source-map-support/-/source-map-support-0.4.14.tgz#9d4463772598b86271b4f523f6c1f4e02a7d6aef"
+source-map-support@0.5.6, source-map-support@^0.5.6:
+  version "0.5.6"
+  resolved "https://registry.yarnpkg.com/source-map-support/-/source-map-support-0.5.6.tgz#4435cee46b1aab62b8e8610ce60f788091c51c13"
   dependencies:
-    source-map "^0.5.6"
+    buffer-from "^1.0.0"
+    source-map "^0.6.0"
 
 source-map-support@^0.4.15:
   version "0.4.18"
@@ -10775,13 +10776,6 @@ source-map-support@^0.5.0, source-map-support@^0.5.3:
   dependencies:
     source-map "^0.6.0"
 
-source-map-support@^0.5.6:
-  version "0.5.6"
-  resolved "https://registry.yarnpkg.com/source-map-support/-/source-map-support-0.5.6.tgz#4435cee46b1aab62b8e8610ce60f788091c51c13"
-  dependencies:
-    buffer-from "^1.0.0"
-    source-map "^0.6.0"
-
 source-map-url@^0.4.0:
   version "0.4.0"
   resolved "https://registry.yarnpkg.com/source-map-url/-/source-map-url-0.4.0.tgz#3e935d7ddd73631b97659956d55128e87b5084a3"
@@ -12188,14 +12182,14 @@ uuid@3.1.0:
   version "3.1.0"
   resolved "https://registry.yarnpkg.com/uuid/-/uuid-3.1.0.tgz#3dd3d3e790abc24d7b0d3a034ffababe28ebbc04"
 
+uuid@3.2.1, uuid@^3.0.0, uuid@^3.0.1, uuid@^3.1.0:
+  version "3.2.1"
+  resolved "https://registry.yarnpkg.com/uuid/-/uuid-3.2.1.tgz#12c528bb9d58d0b9265d9a2f6f0fe8be17ff1f14"
+
 uuid@^2.0.1:
   version "2.0.3"
   resolved "https://registry.yarnpkg.com/uuid/-/uuid-2.0.3.tgz#67e2e863797215530dff318e5bf9dcebfd47b21a"
 
-uuid@^3.0.0, uuid@^3.0.1, uuid@^3.1.0:
-  version "3.2.1"
-  resolved "https://registry.yarnpkg.com/uuid/-/uuid-3.2.1.tgz#12c528bb9d58d0b9265d9a2f6f0fe8be17ff1f14"
-
 uvm@1.7.0:
   version "1.7.0"
   resolved "https://registry.yarnpkg.com/uvm/-/uvm-1.7.0.tgz#685d3a149ec7118fb73a73dfdc158ab46b0f0634"
@@ -12536,57 +12530,7 @@ web3-net@1.0.0-beta.34:
     web3-core-method "1.0.0-beta.34"
     web3-utils "1.0.0-beta.34"
 
-web3-provider-engine@^13.3.2:
-  version "13.8.0"
-  resolved "https://registry.yarnpkg.com/web3-provider-engine/-/web3-provider-engine-13.8.0.tgz#4c7c1ad2af5f1fe10343b8a65495879a2f9c00df"
-  dependencies:
-    async "^2.5.0"
-    clone "^2.0.0"
-    eth-block-tracker "^2.2.2"
-    eth-sig-util "^1.4.2"
-    ethereumjs-block "^1.2.2"
-    ethereumjs-tx "^1.2.0"
-    ethereumjs-util "^5.1.1"
-    ethereumjs-vm "^2.0.2"
-    fetch-ponyfill "^4.0.0"
-    json-rpc-error "^2.0.0"
-    json-stable-stringify "^1.0.1"
-    promise-to-callback "^1.0.0"
-    readable-stream "^2.2.9"
-    request "^2.67.0"
-    semaphore "^1.0.3"
-    solc "^0.4.2"
-    tape "^4.4.0"
-    xhr "^2.2.0"
-    xtend "^4.0.1"
-
-web3-provider-engine@^14.0.4:
-  version "14.0.4"
-  resolved "https://registry.yarnpkg.com/web3-provider-engine/-/web3-provider-engine-14.0.4.tgz#6f96b71ea1b3a76cc67cd52007116c8d4b64465b"
-  dependencies:
-    async "^2.5.0"
-    backoff "^2.5.0"
-    clone "^2.0.0"
-    cross-fetch "^2.1.0"
-    eth-block-tracker "^2.3.0"
-    eth-json-rpc-infura "^3.1.0"
-    eth-sig-util "^1.4.2"
-    ethereumjs-block "^1.2.2"
-    ethereumjs-tx "^1.2.0"
-    ethereumjs-util "^5.1.5"
-    ethereumjs-vm "^2.3.4"
-    json-rpc-error "^2.0.0"
-    json-stable-stringify "^1.0.1"
-    promise-to-callback "^1.0.0"
-    readable-stream "^2.2.9"
-    request "^2.67.0"
-    semaphore "^1.0.3"
-    tape "^4.4.0"
-    ws "^5.1.1"
-    xhr "^2.2.0"
-    xtend "^4.0.1"
-
-web3-provider-engine@^14.0.6:
+web3-provider-engine@14.0.6, web3-provider-engine@^14.0.6:
   version "14.0.6"
   resolved "https://registry.yarnpkg.com/web3-provider-engine/-/web3-provider-engine-14.0.6.tgz#cbdd66fe20c0136a3a495cbe40d18b6c4160d5f0"
   dependencies:
@@ -12612,6 +12556,30 @@ web3-provider-engine@^14.0.6:
     xhr "^2.2.0"
     xtend "^4.0.1"
 
+web3-provider-engine@^13.3.2:
+  version "13.8.0"
+  resolved "https://registry.yarnpkg.com/web3-provider-engine/-/web3-provider-engine-13.8.0.tgz#4c7c1ad2af5f1fe10343b8a65495879a2f9c00df"
+  dependencies:
+    async "^2.5.0"
+    clone "^2.0.0"
+    eth-block-tracker "^2.2.2"
+    eth-sig-util "^1.4.2"
+    ethereumjs-block "^1.2.2"
+    ethereumjs-tx "^1.2.0"
+    ethereumjs-util "^5.1.1"
+    ethereumjs-vm "^2.0.2"
+    fetch-ponyfill "^4.0.0"
+    json-rpc-error "^2.0.0"
+    json-stable-stringify "^1.0.1"
+    promise-to-callback "^1.0.0"
+    readable-stream "^2.2.9"
+    request "^2.67.0"
+    semaphore "^1.0.3"
+    solc "^0.4.2"
+    tape "^4.4.0"
+    xhr "^2.2.0"
+    xtend "^4.0.1"
+
 web3-providers-http@1.0.0-beta.34:
   version "1.0.0-beta.34"
   resolved "https://registry.yarnpkg.com/web3-providers-http/-/web3-providers-http-1.0.0-beta.34.tgz#e561b52bbb43766282007d40285bfe3550c27e7a"