diff --git a/web3.js/package-lock.json b/web3.js/package-lock.json
index 506b9a5721..8ab067d083 100644
--- a/web3.js/package-lock.json
+++ b/web3.js/package-lock.json
@@ -8866,9 +8866,9 @@
       "dev": true
     },
     "flow-bin": {
-      "version": "0.122.0",
-      "resolved": "https://registry.npmjs.org/flow-bin/-/flow-bin-0.122.0.tgz",
-      "integrity": "sha512-my8N5jgl/A+UVby9E7NDppHdhLgRbWgKbmFZSx2MSYMRh3d9YGnM2MM+wexpUpl0ftY1IM6ZcUwaAhrypLyvlA==",
+      "version": "0.123.0",
+      "resolved": "https://registry.npmjs.org/flow-bin/-/flow-bin-0.123.0.tgz",
+      "integrity": "sha512-Ylcf8YDIM/KrqtxkPuq+f8O+6sdYA2Nuz5f+sWHlp539DatZz3YMcsO1EiXaf1C11HJgpT/3YGYe7xZ9/UZmvQ==",
       "dev": true
     },
     "flow-typed": {
diff --git a/web3.js/package.json b/web3.js/package.json
index 5d2cf12c57..e4ea8e53ad 100644
--- a/web3.js/package.json
+++ b/web3.js/package.json
@@ -113,7 +113,7 @@
     "eslint-plugin-import": "2.20.2",
     "eslint-plugin-jest": "22.19.0",
     "eslint-plugin-prettier": "^3.0.0",
-    "flow-bin": "0.122.0",
+    "flow-bin": "0.123.0",
     "flow-typed": "3.1.0",
     "fs-file-tree": "1.1.0",
     "jest": "25.3.0",