diff --git a/CHANGELOG.md b/CHANGELOG.md
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,9 @@
 # Revision history for haskell-candid
 
+## 0.5.0.1 -- 2024-01-15
+
+* Bump dependencies
+
 ## 0.5 -- 2023-10-17
 
 * GHC-9.8 compatibility
diff --git a/candid.cabal b/candid.cabal
--- a/candid.cabal
+++ b/candid.cabal
@@ -1,6 +1,6 @@
 cabal-version:      2.0
 name:               candid
-version:            0.5
+version:            0.5.0.1
 license:            Apache
 license-file:       LICENSE
 maintainer:         mail@joachim-breitner.de
@@ -56,7 +56,7 @@
         transformers ^>=0.5.6 || ^>=0.6.1,
         hex-text ^>=0.1.0,
         digest ^>=0.0.1,
-        megaparsec ^>=9.2.1 || ^>=9.3.1 || ^>=9.4.1 || ^>=9.5.0,
+        megaparsec ^>=9.2.1 || ^>=9.3.1 || ^>=9.5.0 || ^>=9.6.1,
         parser-combinators ^>=1.3.0,
         scientific ^>=0.3.7,
         cereal ^>=0.5.8,
@@ -67,7 +67,7 @@
         constraints ^>=0.13.4 || ^>=0.14,
         prettyprinter ^>=1.7.1,
         template-haskell ^>=2.16.0 || ^>=2.17.0 || ^>=2.18.0 || ^>=2.19.0 || ^>=2.20.0 || ^>=2.21.0,
-        base32 ^>=0.2.2 || ^>=0.3.1,
+        base32 ^>=0.2.2 || ^>=0.3.1 || ^>=0.4,
         split ^>=0.2.3,
         file-embed ^>=0.0.15