diff --git a/Cargo.lock b/Cargo.lock
index 56b4aee41d7..eb3dceb4d88 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -5604,18 +5604,18 @@ dependencies = [
 
 [[package]]
 name = "thiserror"
-version = "1.0.44"
+version = "1.0.48"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "611040a08a0439f8248d1990b111c95baa9c704c805fa1f62104b39655fd7f90"
+checksum = "9d6d7a740b8a666a7e828dd00da9c0dc290dff53154ea77ac109281de90589b7"
 dependencies = [
  "thiserror-impl",
 ]
 
 [[package]]
 name = "thiserror-impl"
-version = "1.0.44"
+version = "1.0.48"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "090198534930841fab3a5d1bb637cde49e339654e606195f8d9c76eeb081dc96"
+checksum = "49922ecae66cc8a249b77e68d1d0623c1b2c514f0060c27cdc68bd62a1219d35"
 dependencies = [
  "proc-macro2",
  "quote",
diff --git a/protocols/floodsub/Cargo.toml b/protocols/floodsub/Cargo.toml
index d79ae5bc719..8dd3c80d95e 100644
--- a/protocols/floodsub/Cargo.toml
+++ b/protocols/floodsub/Cargo.toml
@@ -23,7 +23,7 @@ quick-protobuf = "0.8"
 quick-protobuf-codec = { workspace = true }
 rand = "0.8"
 smallvec = "1.11.0"
-thiserror = "1.0.44"
+thiserror = "1.0.48"
 
 # Passing arguments to the docsrs builder in order to properly document cfg's.
 # More information: https://docs.rs/about/builds#cross-compiling
diff --git a/transports/noise/Cargo.toml b/transports/noise/Cargo.toml
index d957d4fdc59..04aae5fba59 100644
--- a/transports/noise/Cargo.toml
+++ b/transports/noise/Cargo.toml
@@ -22,7 +22,7 @@ quick-protobuf = "0.8"
 rand = "0.8.3"
 sha2 = "0.10.7"
 static_assertions = "1"
-thiserror = "1.0.44"
+thiserror = "1.0.48"
 x25519-dalek = "1.1.0"
 zeroize = "1"
 
diff --git a/transports/quic/Cargo.toml b/transports/quic/Cargo.toml
index 1ab3b3c007c..23eaa921877 100644
--- a/transports/quic/Cargo.toml
+++ b/transports/quic/Cargo.toml
@@ -22,7 +22,7 @@ parking_lot = "0.12.0"
 quinn = { version = "0.10.2", default-features = false, features = ["tls-rustls", "futures-io"] }
 rand = "0.8.5"
 rustls = { version = "0.21.7", default-features = false }
-thiserror = "1.0.44"
+thiserror = "1.0.48"
 tokio = { version = "1.32.0", default-features = false, features = ["net", "rt", "time"], optional = true }
 socket2 = "0.5.3"
 
diff --git a/transports/tls/Cargo.toml b/transports/tls/Cargo.toml
index a65c9f00bd0..ba60164cd3e 100644
--- a/transports/tls/Cargo.toml
+++ b/transports/tls/Cargo.toml
@@ -15,7 +15,7 @@ libp2p-core = { workspace = true }
 libp2p-identity = { workspace = true }
 rcgen = "0.10.0"
 ring = "0.16.20"
-thiserror = "1.0.44"
+thiserror = "1.0.48"
 webpki = { version = "0.101.4", package = "rustls-webpki", features = ["std"] }
 x509-parser = "0.15.1"
 yasna = "0.5.2"
diff --git a/transports/webtransport-websys/Cargo.toml b/transports/webtransport-websys/Cargo.toml
index 695a62f4cde..7825f64a8ab 100644
--- a/transports/webtransport-websys/Cargo.toml
+++ b/transports/webtransport-websys/Cargo.toml
@@ -23,7 +23,7 @@ log = "0.4.20"
 multiaddr = { workspace = true }
 multihash = { workspace = true }
 send_wrapper = { version = "0.6.0", features = ["futures"] }
-thiserror = "1.0.44"
+thiserror = "1.0.48"
 wasm-bindgen = "0.2.87"
 wasm-bindgen-futures = "0.4.37"
 web-sys = { version = "0.3.64", features = [