diff --git a/Cargo.lock b/Cargo.lock
index ace4f3f2..101d722f 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -4164,18 +4164,18 @@ checksum = "b1141d4d61095b28419e22cb0bbf02755f5e54e0526f97f1e3d1d160e60885fb"
 
 [[package]]
 name = "thiserror"
-version = "1.0.37"
+version = "1.0.38"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "10deb33631e3c9018b9baf9dcbbc4f737320d2b576bac10f6aefa048fa407e3e"
+checksum = "6a9cd18aa97d5c45c6603caea1da6628790b37f7a34b6ca89522331c5180fed0"
 dependencies = [
  "thiserror-impl",
 ]
 
 [[package]]
 name = "thiserror-impl"
-version = "1.0.37"
+version = "1.0.38"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "982d17546b47146b28f7c22e3d08465f6b8903d0ea13c1660d9d84a6e7adcdbb"
+checksum = "1fb327af4685e4d03fa8cbcf1716380da910eeb2bb8be417e7f9fd3fb164f36f"
 dependencies = [
  "proc-macro2 1.0.47",
  "quote 1.0.20",
diff --git a/zebra-chain/Cargo.toml b/zebra-chain/Cargo.toml
index 940efed2..7989fd97 100644
--- a/zebra-chain/Cargo.toml
+++ b/zebra-chain/Cargo.toml
@@ -70,7 +70,7 @@ humantime = "2.1.0"
 # Error Handling & Formatting
 displaydoc = "0.2.3"
 static_assertions = "1.1.0"
-thiserror = "1.0.37"
+thiserror = "1.0.38"
 tracing = "0.1.37"
 
 # Serialization
diff --git a/zebra-consensus/Cargo.toml b/zebra-consensus/Cargo.toml
index 71d66d6d..8e65f5ae 100644
--- a/zebra-consensus/Cargo.toml
+++ b/zebra-consensus/Cargo.toml
@@ -29,7 +29,7 @@ serde = { version = "1.0.150", features = ["serde_derive"] }
 futures = "0.3.25"
 futures-util = "0.3.25"
 metrics = "0.20.1"
-thiserror = "1.0.37"
+thiserror = "1.0.38"
 tokio = { version = "1.23.0", features = ["time", "sync", "tracing", "rt-multi-thread"] }
 tower = { version = "0.4.13", features = ["timeout", "util", "buffer"] }
 tracing = "0.1.37"
diff --git a/zebra-network/Cargo.toml b/zebra-network/Cargo.toml
index 4536f808..ac00bdc2 100644
--- a/zebra-network/Cargo.toml
+++ b/zebra-network/Cargo.toml
@@ -28,7 +28,7 @@ rand = { version = "0.8.5", package = "rand" }
 rayon = "1.6.1"
 regex = "1.7.0"
 serde = { version = "1.0.150", features = ["serde_derive"] }
-thiserror = "1.0.37"
+thiserror = "1.0.38"
 
 futures = "0.3.25"
 tokio = { version = "1.23.0", features = ["net", "time", "tracing", "macros", "rt-multi-thread"] }
diff --git a/zebra-rpc/Cargo.toml b/zebra-rpc/Cargo.toml
index b4c1b8f8..68f899c5 100644
--- a/zebra-rpc/Cargo.toml
+++ b/zebra-rpc/Cargo.toml
@@ -75,7 +75,7 @@ insta = { version = "1.23.0", features = ["redactions", "json", "ron"] }
 proptest = "0.10.1"
 proptest-derive = "0.3.0"
 
-thiserror = "1.0.37"
+thiserror = "1.0.38"
 tokio = { version = "1.23.0", features = ["full", "tracing", "test-util"] }
 
 zebra-chain = { path = "../zebra-chain", features = ["proptest-impl"] }
diff --git a/zebra-script/Cargo.toml b/zebra-script/Cargo.toml
index d4db1016..bda1639b 100644
--- a/zebra-script/Cargo.toml
+++ b/zebra-script/Cargo.toml
@@ -12,7 +12,7 @@ zcash_script = "0.1.8"
 
 zebra-chain = { path = "../zebra-chain" }
 
-thiserror = "1.0.37"
+thiserror = "1.0.38"
 displaydoc = "0.2.3"
 
 [dev-dependencies]
diff --git a/zebra-state/Cargo.toml b/zebra-state/Cargo.toml
index 1b025fc4..3bfaefe7 100644
--- a/zebra-state/Cargo.toml
+++ b/zebra-state/Cargo.toml
@@ -39,7 +39,7 @@ rlimit = "0.8.3"
 rocksdb = { version = "0.19.0", default_features = false, features = ["lz4"] }
 serde = { version = "1.0.150", features = ["serde_derive"] }
 tempfile = "3.3.0"
-thiserror = "1.0.37"
+thiserror = "1.0.38"
 
 rayon = "1.6.1"
 tokio = { version = "1.23.0", features = ["sync", "tracing"] }
diff --git a/zebra-test/Cargo.toml b/zebra-test/Cargo.toml
index a0a88eeb..a547ea7e 100644
--- a/zebra-test/Cargo.toml
+++ b/zebra-test/Cargo.toml
@@ -29,7 +29,7 @@ tinyvec = { version = "1.6.0", features = ["rustc_1_55"] }
 humantime = "2.1.0"
 owo-colors = "3.5.0"
 spandoc = "0.2.2"
-thiserror = "1.0.37"
+thiserror = "1.0.38"
 
 tracing-subscriber = { version = "0.3.16", features = ["env-filter"] }
 tracing-error = "0.2.0"
diff --git a/zebrad/Cargo.toml b/zebrad/Cargo.toml
index f858bc80..5d1e6fa4 100644
--- a/zebrad/Cargo.toml
+++ b/zebrad/Cargo.toml
@@ -112,7 +112,7 @@ color-eyre = { version = "0.6.2", default_features = false, features = ["issue-u
 # Enable a feature that makes tinyvec compile much faster.
 tinyvec = { version = "1.6.0", features = ["rustc_1_55"] }
 
-thiserror = "1.0.37"
+thiserror = "1.0.38"
 
 tracing-subscriber = { version = "0.3.16", features = ["env-filter"] }
 tracing-appender = "0.2.2"