diff --git a/contracts/Wallet.sol b/contracts/Wallet.sol
index 66debb7..8e561c5 100644
--- a/contracts/Wallet.sol
+++ b/contracts/Wallet.sol
@@ -12,16 +12,6 @@ import "@openzeppelin/contracts/token/ERC20/IERC20.sol";
  * That address is specified by the `WalletFactory` contract.
  */
 contract Wallet {
-    /**
-     * @dev Event fired upon receiving `amount` ether from `sender`.
-     */
-    event EtherReceived(address indexed sender, uint amount);
-
-    /**
-     * @dev Event fired upon sending `amount` ether to `receiver`.
-     */
-    event EtherSent(address indexed receiver, uint amount);
-
     WalletFactory public factory;
 
     /**
@@ -50,7 +40,6 @@ contract Wallet {
     function collectEther() public returns (uint) {
         uint balance = address(this).balance;
         master().transfer(balance);
-        emit EtherSent(master(), balance);
         return balance;
     }
 
@@ -71,7 +60,7 @@ contract Wallet {
 
     /**
      * @dev Collects several tokens and ether at once and sends it all to the master address.
-    */
+     */
     function collectMany(address[] calldata _assets) public returns (uint[] memory) {
         require(_assets.length > 0, "Wallet: at least one asset must be specified");
 
@@ -86,6 +75,6 @@ contract Wallet {
      * @dev Method to log whenever ether is received by this contract.
      */
     receive() external payable {
-        emit EtherReceived(msg.sender, msg.value);
+        factory.notifyEtherReceived(msg.sender, msg.value);
     }
 }
diff --git a/contracts/WalletFactory.sol b/contracts/WalletFactory.sol
index 30d27d6..50a8866 100644
--- a/contracts/WalletFactory.sol
+++ b/contracts/WalletFactory.sol
@@ -23,6 +23,11 @@ contract WalletFactory is Ownable {
      */
     event AddressGenerated(address indexed generatedAddress);
 
+    /**
+     * @dev Event fired upon receiving `amount` ether from `sender`.
+     */
+    event EtherReceived(address indexed sender, address indexed receiver, uint amount);
+
     /**
      * @dev Address where all funds coming from `Wallet` contracts will be collected in.
      */
@@ -33,6 +38,11 @@ contract WalletFactory is Ownable {
      * in the process.
      */
     address public template;
+    
+    /**
+     * Stored whether an address has been generated by this contract or not.
+     */
+    mapping(address => bool) generatedAddresses;
 
     constructor(address payable _master, address _template) {
         require(_template != address(0), "WalletFactory: template address cannot be zero");
@@ -59,6 +69,7 @@ contract WalletFactory is Ownable {
     function generate() public returns (address) {
         address clone = template.clone();
         Wallet(payable(clone)).setup();
+        generatedAddresses[clone] = true;
         emit AddressGenerated(clone);
         return clone;
     }
@@ -69,10 +80,16 @@ contract WalletFactory is Ownable {
     function generateMany(uint _numWallets) public returns (address[] memory) {
         require(_numWallets > 0, "WalletFactory: you must specify a number of wallets greater than zero");
 
-        address[] memory generatedAddresses = new address[](_numWallets);
+        address[] memory newAddresses = new address[](_numWallets);
         for (uint i = 0; i < _numWallets; i++) {
-            generatedAddresses[i] = generate();
+            newAddresses[i] = generate();
         }
-        return generatedAddresses;
+        return newAddresses;
+    }
+    
+    function notifyEtherReceived(address _sender, uint _amount) public {
+        require(generatedAddresses[msg.sender], "WalletFactory: receiver has not been generated by the factory");
+        
+        emit EtherReceived(_sender, msg.sender, _amount);
     }
 }
diff --git a/package.json b/package.json
index dffbf21..d0cfc07 100644
--- a/package.json
+++ b/package.json
@@ -12,7 +12,7 @@
     "coverage": "truffle run coverage"
   },
   "dependencies": {
-    "@openzeppelin/contracts": "^4.2.0"
+    "@openzeppelin/contracts": "^4.3.2"
   },
   "devDependencies": {
     "solidity-coverage": "^0.7.16",
diff --git a/test/wallet.js b/test/wallet.js
index c132fc0..98a2c93 100644
--- a/test/wallet.js
+++ b/test/wallet.js
@@ -123,9 +123,10 @@ contract('WalletFactory', (accounts) => {
         value: amount,
       })
       assert.isOk(tx.status)
-      const result = await truffleAssert.createTransactionResult(walletInstance, tx.transactionHash)
+      const result = await truffleAssert.createTransactionResult(walletFactoryInstance, tx.transactionHash)
       truffleAssert.eventEmitted(result, 'EtherReceived', {
         sender,
+        receiver: walletInstance.address,
         amount,
       })
       const balance = await web3.eth.getBalance(walletInstance.address)
@@ -148,10 +149,6 @@ contract('WalletFactory', (accounts) => {
       // collecting the balance
       const tx = await walletInstance.collectEther()
       assert.isOk(tx.receipt.status)
-      truffleAssert.eventEmitted(tx, 'EtherSent', {
-        receiver: master,
-        amount,
-      })
       
       // checking balances after
       const walletBalanceAfter = await web3.eth.getBalance(walletInstance.address)
@@ -219,10 +216,6 @@ contract('WalletFactory', (accounts) => {
       // collecting funds
       const tx = await walletInstance.collectMany([ZERO_ADDRESS, tokenInstance.address])
       assert.isOk(tx.receipt.status)
-      truffleAssert.eventEmitted(tx, 'EtherSent', {
-        receiver: master,
-        amount,
-      })
       const result = await truffleAssert.createTransactionResult(tokenInstance, tx.receipt.transactionHash)
       truffleAssert.eventEmitted(result, 'Transfer', {
         from: walletInstance.address,
diff --git a/yarn.lock b/yarn.lock
index 74dd0aa..f8959d1 100644
--- a/yarn.lock
+++ b/yarn.lock
@@ -1393,10 +1393,10 @@
     find-up "^4.1.0"
     fs-extra "^8.1.0"
 
-"@openzeppelin/contracts@^4.2.0":
-  version "4.2.0"
-  resolved "https://registry.yarnpkg.com/@openzeppelin/contracts/-/contracts-4.2.0.tgz#260d921d99356e48013d9d760caaa6cea35dc642"
-  integrity sha512-LD4NnkKpHHSMo5z9MvFsG4g1xxZUDqV3A3Futu3nvyfs4wPwXxqOgMaxOoa2PeyGL2VNeSlbxT54enbQzGcgJQ==
+"@openzeppelin/contracts@^4.3.2":
+  version "4.3.2"
+  resolved "https://registry.yarnpkg.com/@openzeppelin/contracts/-/contracts-4.3.2.tgz#ff80affd6d352dbe1bbc5b4e1833c41afd6283b6"
+  integrity sha512-AybF1cesONZStg5kWf6ao9OlqTZuPqddvprc0ky7lrUVOjXeKpmQ2Y9FK+6ygxasb+4aic4O5pneFBfwVsRRRg==
 
 "@openzeppelin/test-helpers@^0.5.12":
   version "0.5.12"