diff --git a/Cargo.lock b/Cargo.lock
index fd06d72..3bf1e8b 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -78,17 +78,37 @@ version = "0.9.1"
 source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "d86b93f97252c47b41663388e6d155714a9d0c398b99f1005cbc5f978b29f445"
 
+[[package]]
+name = "bech32"
+version = "0.10.0-beta"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "98f7eed2b2781a6f0b5c903471d48e15f56fb4e1165df8a9a2337fd1a59d45ea"
+
 [[package]]
 name = "bitcoin"
 version = "0.30.1"
 source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "4e99ff7289b20a7385f66a0feda78af2fc119d28fb56aea8886a9cd0a4abdd75"
 dependencies = [
- "bech32",
+ "bech32 0.9.1",
  "bitcoin-private",
- "bitcoin_hashes",
+ "bitcoin_hashes 0.12.0",
  "hex_lit",
- "secp256k1",
+ "secp256k1 0.27.0",
+]
+
+[[package]]
+name = "bitcoin"
+version = "0.31.0"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "5973a027b341b462105675962214dfe3c938ad9afd395d84b28602608bdcec7b"
+dependencies = [
+ "bech32 0.10.0-beta",
+ "bitcoin-internals",
+ "bitcoin_hashes 0.13.0",
+ "hex-conservative",
+ "hex_lit",
+ "secp256k1 0.28.0",
 ]
 
 [[package]]
@@ -96,7 +116,7 @@ name = "bitcoin-blockparser"
 version = "0.11.0"
 dependencies = [
  "anyhow",
- "bitcoin",
+ "bitcoin 0.31.0",
  "bitcoin-pool-identification",
  "clap",
  "diesel",
@@ -109,13 +129,19 @@ dependencies = [
  "tracing-subscriber",
 ]
 
+[[package]]
+name = "bitcoin-internals"
+version = "0.2.0"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "9425c3bf7089c983facbae04de54513cce73b41c7f9ff8c845b54e7bc64ebbfb"
+
 [[package]]
 name = "bitcoin-pool-identification"
 version = "0.2.4"
 source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "bea44fcc289f7349fc4b89d55466d5d1e3a7818c43dcface448c6ee7b5359a9a"
 dependencies = [
- "bitcoin",
+ "bitcoin 0.30.1",
  "hex",
  "serde",
  "serde_json",
@@ -137,6 +163,16 @@ dependencies = [
  "bitcoin-private",
 ]
 
+[[package]]
+name = "bitcoin_hashes"
+version = "0.13.0"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "1930a4dabfebb8d7d9992db18ebe3ae2876f0a305fab206fd168df931ede293b"
+dependencies = [
+ "bitcoin-internals",
+ "hex-conservative",
+]
+
 [[package]]
 name = "bitflags"
 version = "1.3.2"
@@ -416,6 +452,12 @@ version = "0.4.3"
 source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "7f24254aa9a54b5c858eaee2f5bccdb46aaf0e486a595ed5fd8f86ba55232a70"
 
+[[package]]
+name = "hex-conservative"
+version = "0.1.1"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "30ed443af458ccb6d81c1e7e661545f94d3176752fb1df2f543b902a1e0f51e2"
+
 [[package]]
 name = "hex_lit"
 version = "0.1.1"
@@ -807,8 +849,18 @@ version = "0.27.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "25996b82292a7a57ed3508f052cfff8640d38d32018784acd714758b43da9c8f"
 dependencies = [
- "bitcoin_hashes",
- "secp256k1-sys",
+ "bitcoin_hashes 0.12.0",
+ "secp256k1-sys 0.8.1",
+]
+
+[[package]]
+name = "secp256k1"
+version = "0.28.0"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "2acea373acb8c21ecb5a23741452acd2593ed44ee3d343e72baaa143bc89d0d5"
+dependencies = [
+ "bitcoin_hashes 0.12.0",
+ "secp256k1-sys 0.9.0",
 ]
 
 [[package]]
@@ -820,6 +872,15 @@ dependencies = [
  "cc",
 ]
 
+[[package]]
+name = "secp256k1-sys"
+version = "0.9.0"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "09e67c467c38fd24bd5499dc9a18183b31575c12ee549197e3e20d57aa4fe3b7"
+dependencies = [
+ "cc",
+]
+
 [[package]]
 name = "serde"
 version = "1.0.179"
diff --git a/Cargo.toml b/Cargo.toml
index b5ca56e..37ed213 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -11,7 +11,7 @@ edition = "2021"
 
 [dependencies]
 anyhow = "1.0.72"
-bitcoin = "0.30.1"
+bitcoin = "0.31.0"
 bitcoin-pool-identification = "0.2.4"
 clap = { version = "4.3.21", features = [ "cargo" ] }
 diesel = { version = "2.1.0", features = [ "r2d2", "sqlite" ], default-features = false }