diff --git a/Cargo.lock b/Cargo.lock
index eac49bb845c..7a03323dd8f 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -4340,9 +4340,9 @@ dependencies = [
 
 [[package]]
 name = "termcolor"
-version = "1.1.3"
+version = "1.2.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "bab24d30b911b2376f3a13cc2cd443142f0c81dda04c118693e35b3835757755"
+checksum = "be55cf8942feac5c765c2c993422806843c9a9a45d4d5c407ad6dd2ea95eb9b6"
 dependencies = [
  "winapi-util",
 ]
diff --git a/node/Cargo.toml b/node/Cargo.toml
index b6b8a4aa5d4..b2036af11c1 100644
--- a/node/Cargo.toml
+++ b/node/Cargo.toml
@@ -40,7 +40,7 @@ serde = { version = "1.0.126", features = ["derive", "rc"] }
 serde_regex = "1.1.0"
 toml = "0.5.7"
 shellexpand = "2.1.0"
-termcolor = "1.1.3"
+termcolor = "1.2.0"
 diesel = "1.4.8"
 http = "0.2.5" # must be compatible with the version rust-web3 uses
 prometheus = { version = "0.13.3", features = ["push"] }