diff --git a/.changes/bump-crypto-0.23.md b/.changes/bump-crypto-0.23.md
new file mode 100644
index 000000000..8280b9456
--- /dev/null
+++ b/.changes/bump-crypto-0.23.md
@@ -0,0 +1,7 @@
+---
+"iota-stronghold": patch
+"stronghold-engine": patch
+"stronghold-runtime": patch
+---
+
+Bump `iota-crypto` version to 0.23.
diff --git a/bindings/native/Cargo.toml b/bindings/native/Cargo.toml
index ac3439dfe..2eddc7769 100644
--- a/bindings/native/Cargo.toml
+++ b/bindings/native/Cargo.toml
@@ -23,7 +23,7 @@ iota_stronghold         = { package = "iota_stronghold",   path = "../../client/
 engine                  = { package = "stronghold_engine",  path = "../../engine", version = "2.0.0-rc.0" }
 tokio                   = { version = "1.15.0", features = ["full"] }
 base64                  = { version = "0.13.0" }
-iota-crypto = { version = "0.22.1", default-features = false, features = [
+iota-crypto = { version = "0.23", default-features = false, features = [
   "aes-gcm",
   "aes-kw",
   "random",
diff --git a/client/Cargo.toml b/client/Cargo.toml
index abf41af3d..f59a84f81 100644
--- a/client/Cargo.toml
+++ b/client/Cargo.toml
@@ -20,7 +20,7 @@ insecure = [ ]
 thiserror = { version = "1.0.30" }
 zeroize = { version = "1.5.7", default-features = false, features = [ "zeroize_derive", "serde" ] }
 serde = { version = "1.0", features = [ "derive" ] }
-iota-crypto = { version = "0.22.1", default-features = false, features = [
+iota-crypto = { version = "0.23", default-features = false, features = [
   "aes-gcm",
   "blake2b",
   "aes-kw",
diff --git a/engine/Cargo.toml b/engine/Cargo.toml
index a234224c6..03879060c 100644
--- a/engine/Cargo.toml
+++ b/engine/Cargo.toml
@@ -28,7 +28,7 @@ zeroize = { version = "1.5.7", features = [ "zeroize_derive" ] }
 serde = { version = "1.0", features = [ "derive" ] }
 stronghold-runtime = { version = "2.0.0-rc.1", path = "runtime" }
 digest = { version = "0.10.1", optional = true, default-features = false }
-iota-crypto = { version = "0.22.1", features = [
+iota-crypto = { version = "0.23", features = [
   "age",
   "pbkdf2",
   "random",
diff --git a/engine/fuzz/Cargo.toml b/engine/fuzz/Cargo.toml
index 96508a6b7..78d0a50d7 100644
--- a/engine/fuzz/Cargo.toml
+++ b/engine/fuzz/Cargo.toml
@@ -18,7 +18,7 @@ path = "../"
 version = "0.4"
 
 [dependencies.iota-crypto]
-version = "0.22.1"
+version = "0.23"
 features = [ "random", "chacha" ]
 default-features= false
 
diff --git a/engine/runtime/Cargo.toml b/engine/runtime/Cargo.toml
index e46247528..d256e43a2 100644
--- a/engine/runtime/Cargo.toml
+++ b/engine/runtime/Cargo.toml
@@ -24,7 +24,7 @@ serde = { version = "1.0", features = [ "derive" ] }
 random = { version = "0.8.4", package = "rand" }
 dirs = { version = "4.0.0" }
 thiserror = { version = "1.0" }
-iota-crypto = { version = "0.22.1", default-features = false, features = [ "blake2b" ] }
+iota-crypto = { version = "0.23", default-features = false, features = [ "blake2b" ] }
 
 [target."cfg(windows)".dependencies]
 windows = { version = "0.36.0", features = [