diff --git a/Cargo.lock b/Cargo.lock
index eacbf893..ac3ea84d 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -2501,7 +2501,7 @@ dependencies = [
  "libp2p",
  "mockall 0.12.1",
  "multiaddr",
- "multihash 0.17.0",
+ "multihash 0.18.1",
  "network-interface",
  "nohash-hasher",
  "parking_lot 0.12.3",
@@ -2788,9 +2788,7 @@ source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "835d6ff01d610179fbce3de1694d007e500bf33a7f29689838941d6bf783ae40"
 dependencies = [
  "core2",
- "digest 0.10.7",
  "multihash-derive",
- "sha2 0.10.8",
  "unsigned-varint 0.7.2",
 ]
 
diff --git a/Cargo.toml b/Cargo.toml
index d5cee552..2de9e16b 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -21,7 +21,7 @@ indexmap = { version = "2.0.0", features = ["std"] }
 libc = "0.2.142"
 mockall = "0.12.1"
 multiaddr = "0.17.0"
-multihash = { version = "0.17.0", default-features = false, features = ["std", "multihash-impl", "identity", "sha2"] }
+multihash = { version = "0.18.1", default-features = false, features = ["std", "multihash-impl", "identity", "sha2"] }
 network-interface = "1.1.1"
 parking_lot = "0.12.3"
 pin-project = "1.1.0"