diff --git a/package.json b/package.json
index a43fa667..54d45648 100644
--- a/package.json
+++ b/package.json
@@ -134,7 +134,7 @@
         "underscore": ">=1.12.1",
         "uuid": "^8.3.2",
         "validator": ">=13.7.0",
-        "web3": "^1.9.0",
+        "web3": "^4.0.1",
         "web3-eth-abi": "^1.8.1",
         "web3-eth-contract": "^1.8.1",
         "wif": "^2.0.6",