diff --git a/web3.js/package-lock.json b/web3.js/package-lock.json
index 60cf43e42f..e5581f24c3 100644
--- a/web3.js/package-lock.json
+++ b/web3.js/package-lock.json
@@ -8295,9 +8295,9 @@
       "dev": true
     },
     "flow-bin": {
-      "version": "0.106.2",
-      "resolved": "https://registry.npmjs.org/flow-bin/-/flow-bin-0.106.2.tgz",
-      "integrity": "sha512-pALWFKf+AQiX4VfSEdxruj2bSMigsrAcg8djV6Hue2y3FJyiA/Z42UkEv6zEvSIpDj1EL+cRBvJNUx6L2+gdTQ==",
+      "version": "0.106.3",
+      "resolved": "https://registry.npmjs.org/flow-bin/-/flow-bin-0.106.3.tgz",
+      "integrity": "sha512-QDwmhsMmiASmwgr6r2WTz9RPsN0pb84PY0whz0JqFaBX7/Fx2wj2MOtjbR2yv+qWZnozP9U40Jd9LLt8rC3WSQ==",
       "dev": true
     },
     "flow-typed": {
diff --git a/web3.js/package.json b/web3.js/package.json
index 5dd995d88f..bfdbd86aed 100644
--- a/web3.js/package.json
+++ b/web3.js/package.json
@@ -105,7 +105,7 @@
     "eslint-plugin-import": "2.18.2",
     "eslint-plugin-jest": "22.16.0",
     "eslint-plugin-prettier": "^3.0.0",
-    "flow-bin": "0.106.2",
+    "flow-bin": "0.106.3",
     "flow-typed": "2.6.1",
     "fs-file-tree": "1.0.7",
     "jest": "24.9.0",