diff --git a/web3.js/package-lock.json b/web3.js/package-lock.json
index 44a8f4b4e..d90d7fd61 100644
--- a/web3.js/package-lock.json
+++ b/web3.js/package-lock.json
@@ -7218,9 +7218,9 @@
       "dev": true
     },
     "flow-bin": {
-      "version": "0.97.0",
-      "resolved": "https://registry.npmjs.org/flow-bin/-/flow-bin-0.97.0.tgz",
-      "integrity": "sha512-jXjD05gkatLuC4+e28frH1hZoRwr1iASP6oJr61Q64+kR4kmzaS+AdFBhYgoYS5kpoe4UzwDebWK8ETQFNh00w==",
+      "version": "0.98.1",
+      "resolved": "https://registry.npmjs.org/flow-bin/-/flow-bin-0.98.1.tgz",
+      "integrity": "sha512-y1YzQgbFUX4EG6h2EO8PhyJeS0VxNgER8XsTwU8IXw4KozfneSmGVgw8y3TwAOza7rVhTlHEoli1xNuNW1rhPw==",
       "dev": true
     },
     "flow-typed": {
diff --git a/web3.js/package.json b/web3.js/package.json
index c1427f71e..9b5add651 100644
--- a/web3.js/package.json
+++ b/web3.js/package.json
@@ -104,7 +104,7 @@
     "eslint-plugin-import": "2.17.2",
     "eslint-plugin-jest": "22.5.1",
     "eslint-plugin-prettier": "^3.0.0",
-    "flow-bin": "0.97.0",
+    "flow-bin": "0.98.1",
     "flow-typed": "2.5.1",
     "fs-file-tree": "1.0.7",
     "jest": "24.7.1",