diff --git a/go.mod b/go.mod
index bcdd9069ec74..df91ea877edf 100644
--- a/go.mod
+++ b/go.mod
@@ -95,7 +95,7 @@ require (
 	github.com/mitchellh/go-homedir v1.1.0
 	github.com/multiformats/go-multiaddr v0.5.0
 	github.com/multiformats/go-multiaddr-dns v0.3.1
-	github.com/multiformats/go-multibase v0.0.3
+	github.com/multiformats/go-multibase v0.1.0
 	github.com/multiformats/go-multicodec v0.4.1
 	github.com/multiformats/go-multihash v0.1.0
 	github.com/opentracing/opentracing-go v1.2.0
diff --git a/go.sum b/go.sum
index 09757be3eb4c..9182025fb812 100644
--- a/go.sum
+++ b/go.sum
@@ -1255,8 +1255,9 @@ github.com/multiformats/go-multiaddr-net v0.1.4/go.mod h1:ilNnaM9HbmVFqsb/qcNysj
 github.com/multiformats/go-multiaddr-net v0.1.5/go.mod h1:ilNnaM9HbmVFqsb/qcNysjCu4PVONlrBZpHIrw/qQuA=
 github.com/multiformats/go-multiaddr-net v0.2.0/go.mod h1:gGdH3UXny6U3cKKYCvpXI5rnK7YaOIEOPVDI9tsJbEA=
 github.com/multiformats/go-multibase v0.0.1/go.mod h1:bja2MqRZ3ggyXtZSEDKpl0uO/gviWFaSteVbWT51qgs=
-github.com/multiformats/go-multibase v0.0.3 h1:l/B6bJDQjvQ5G52jw4QGSYeOTZoAwIO77RblWplfIqk=
 github.com/multiformats/go-multibase v0.0.3/go.mod h1:5+1R4eQrT3PkYZ24C3W2Ue2tPwIdYQD509ZjSb5y9Oc=
+github.com/multiformats/go-multibase v0.1.0 h1:+cr9718eEwFIUxPP7sQmixYYhD4sRrU9aMXqYb+0diE=
+github.com/multiformats/go-multibase v0.1.0/go.mod h1:ZEjHE+IsUrgp5mhlEAYjMtZwK1k4haNkcaPg9aoe1a8=
 github.com/multiformats/go-multicodec v0.2.0/go.mod h1:/y4YVwkfMyry5kFbMTbLJKErhycTIftytRV+llXdyS4=
 github.com/multiformats/go-multicodec v0.3.0/go.mod h1:qGGaQmioCDh+TeFOnxrbU0DaIPw8yFgAZgFG0V7p1qQ=
 github.com/multiformats/go-multicodec v0.3.1-0.20210902112759-1539a079fd61/go.mod h1:1Hj/eHRaVWSXiSNNfcEPcwZleTmdNP81xlxDLnWU9GQ=