diff --git a/project/Dependencies.scala b/project/Dependencies.scala
index c2e992ff..042fc098 100644
--- a/project/Dependencies.scala
+++ b/project/Dependencies.scala
@@ -10,7 +10,7 @@ object Dependencies {
   val BinnyVersion = "0.7.0"
   val CalevVersion = "0.6.4"
   val CatsVersion = "2.7.0"
-  val CatsEffectVersion = "3.4.7"
+  val CatsEffectVersion = "3.4.8"
   val CatsParseVersion = "0.3.9"
   val CirceVersion = "0.14.4"
   val CirceGenericExtrasVersion = "0.14.3"