diff --git a/honeybadger/Cargo.toml b/honeybadger/Cargo.toml
index ec453c0..2333f67 100644
--- a/honeybadger/Cargo.toml
+++ b/honeybadger/Cargo.toml
@@ -9,7 +9,7 @@ bdk = { version = "0.30.1", features = ["keys-bip39"] }
 hex = "0.4.3"
 log = "0.4.17"
 rand = "0.8.5"
-secp256k1 = { version = "0.27.0", features = ["global-context"] }
+secp256k1 = { version = "0.31.1", features = ["global-context"] }
 serde_json = "1.0"
 tokio = "1.32.0"