diff --git a/Cargo.lock b/Cargo.lock
index a9d7a6e..04a6742 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -461,9 +461,9 @@ dependencies = [
 
 [[package]]
 name = "bdk_wallet"
-version = "3.0.0"
+version = "3.1.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "67f3c4f9526d22374fca5b7ff1d6bf8d921ab56db2dac8df66a2c5561b31d4ef"
+checksum = "1284fb23acc3e3022673712b55f4d5ce7e38aadc2c49bbef830dc3935f0a3289"
 dependencies = [
  "bdk_chain",
  "bitcoin",
@@ -756,7 +756,7 @@ name = "bonsai"
 version = "0.1.0"
 dependencies = [
  "bdk_floresta",
- "bdk_wallet 3.0.0",
+ "bdk_wallet 3.1.0",
  "bitcoin",
  "bitcoin-consensus-encoding 1.0.0-rc.3",
  "chrono",
diff --git a/Cargo.toml b/Cargo.toml
index 14f2487..c6503fb 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -22,7 +22,7 @@ icon = ["assets/icon/bonsai.icns"]
 
 [dependencies]
 bdk_floresta = { git = "https://github.com/luisschwab/bdk-floresta", rev = "b558db0ca23f0d358856968f5bc459d541024dcc", default-features = false }
-bdk_wallet = { version = "=3.0.0" }
+bdk_wallet = { version = "=3.1.0" }
 bitcoin = { version = "=0.32.8" }
 bitcoin-consensus-encoding = { version = "=1.0.0-rc.3" } # blame: bitcoin-io v0.3.0 (Encodable->Encode/Decodable->Decode)
 chrono = { version = "=0.4.44" }