diff --git a/Cargo.lock b/Cargo.lock
index ffcd0c0a..6cf0397a 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -79,9 +79,9 @@ dependencies = [
 
 [[package]]
 name = "bitcoin"
-version = "0.32.2"
+version = "0.32.3"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "ea507acc1cd80fc084ace38544bbcf7ced7c2aa65b653b102de0ce718df668f6"
+checksum = "0032b0e8ead7074cda7fc4f034409607e3f03a6f71d66ade8a307f79b4d99e73"
 dependencies = [
  "base58ck",
  "bech32",
diff --git a/Cargo.toml b/Cargo.toml
index 54f0df86..9a431945 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -22,7 +22,7 @@ spec = "internal/config_specification.toml"
 
 [dependencies]
 anyhow = "1.0"
-bitcoin = { version = "0.32.2", features = ["serde", "rand-std"] }
+bitcoin = { version = "0.32.3", features = ["serde", "rand-std"] }
 bitcoin_slices = { version = "0.8", features = ["bitcoin", "sha2"] }
 bitcoincore-rpc = { version = "0.19.0" }
 configure_me = "0.4"