diff --git a/Cargo.lock b/Cargo.lock
index 693a61159..e0fe09ec1 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -842,11 +842,11 @@ dependencies = [
 
 [[package]]
 name = "bip39"
-version = "2.0.0"
+version = "2.1.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "93f2635620bf0b9d4576eb7bb9a38a55df78bd1205d26fa994b25911a69f212f"
+checksum = "33415e24172c1b7d6066f6d999545375ab8e1d95421d6784bdfff9496f292387"
 dependencies = [
- "bitcoin_hashes 0.11.0",
+ "bitcoin_hashes",
  "rand",
  "rand_core 0.6.4",
  "serde",
@@ -860,12 +860,6 @@ version = "0.2.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "9425c3bf7089c983facbae04de54513cce73b41c7f9ff8c845b54e7bc64ebbfb"
 
-[[package]]
-name = "bitcoin_hashes"
-version = "0.11.0"
-source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "90064b8dee6815a6470d60bad07bbbaee885c0e12d04177138fa3291a01b7bc4"
-
 [[package]]
 name = "bitcoin_hashes"
 version = "0.13.0"
@@ -7655,7 +7649,7 @@ version = "2.0.1"
 source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "4e69bf016dc406eff7d53a7d3f7cf1c2e72c82b9088aac1118591e36dd2cd3e9"
 dependencies = [
- "bitcoin_hashes 0.13.0",
+ "bitcoin_hashes",
  "rand",
  "rand_core 0.6.4",
  "serde",
diff --git a/crates/threshold-signature-server/Cargo.toml b/crates/threshold-signature-server/Cargo.toml
index de9502d21..cf4433e42 100644
--- a/crates/threshold-signature-server/Cargo.toml
+++ b/crates/threshold-signature-server/Cargo.toml
@@ -62,7 +62,7 @@ uuid                    ={ version="1.10.0", features=["v4"] }
 tokio-tungstenite="0.24.0"
 bincode          ="1.3.3"
 bip32            ={ version="0.5.2" }
-bip39            ={ version="2.0.0", features=["zeroize"] }
+bip39            ={ version="2.1.0", features=["zeroize"] }
 bytes            ={ version="1.7", default-features=false, features=["serde"] }
 base64           ="0.22.1"
 clap             ={ version="4.5.19", features=["derive"] }