diff --git a/Cargo.lock b/Cargo.lock
index 281ddbcdf..95a918921 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -748,6 +748,12 @@ version = "0.22.1"
 source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "72b3254f16251a8381aa12e40e3c4d2f0199f8c6508fbecb9d91f575e0fbb8c6"
 
+[[package]]
+name = "base64"
+version = "0.23.0"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "b25655df2c3cdd83c5e5b293b88acd880332b2ddadd7c30ac43144fdc0033da9"
+
 [[package]]
 name = "base64ct"
 version = "1.8.3"
@@ -1852,7 +1858,7 @@ dependencies = [
 name = "doublezero-serviceability"
 version = "0.33.0"
 dependencies = [
- "base64 0.22.1",
+ "base64 0.23.0",
  "bitflags",
  "borsh",
  "borsh-incremental",
@@ -1951,7 +1957,7 @@ version = "0.33.0"
 dependencies = [
  "async-trait",
  "backon",
- "base64 0.22.1",
+ "base64 0.23.0",
  "bincode 2.0.1",
  "borsh",
  "bytemuck",
@@ -2422,7 +2428,7 @@ checksum = "00b0228411908ca8685dba7fc2cdd70ec9990a6e753e89b6ac91a84c40fbaf4b"
 name = "fork-accounts"
 version = "0.33.0"
 dependencies = [
- "base64 0.22.1",
+ "base64 0.23.0",
  "borsh",
  "doublezero_sdk",
  "serde",
diff --git a/Cargo.toml b/Cargo.toml
index 63171732e..ce69167d5 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -41,7 +41,7 @@ assert_cmd = "2"
 async-trait = "0"
 backon = "1"
 # NOTE: We need to maintain base64 version 0.22.1
-base64 = "0.22.1"
+base64 = "0.23.0"
 bincode = { version = "2", features = ["serde"] }
 bitvec = "1"
 borsh = "1"