diff --git a/.pre-commit-config.yaml b/.pre-commit-config.yaml
index ff4cf3d..c212783 100644
--- a/.pre-commit-config.yaml
+++ b/.pre-commit-config.yaml
@@ -1,17 +1,17 @@
 files: api/|blockchain/|mockups/|schemas/|scripts/|tests/
 repos:
   - repo: https://github.com/PyCQA/isort
-    rev: 5.12.0
+    rev: 5.13.2
     hooks:
       - id: isort
         args: ["-c"]
   - repo: https://github.com/psf/black
-    rev: 23.7.0
+    rev: 24.2.0
     hooks:
       - id: black
         args: ["--check"]
   - repo: https://github.com/pycqa/flake8
-    rev: 6.0.0
+    rev: 7.0.0
     hooks:
       - id: flake8
         args: ["--extend-ignore=E203,E501"]
diff --git a/requirements/formatting.txt b/requirements/formatting.txt
index c75f02a..a38827a 100644
--- a/requirements/formatting.txt
+++ b/requirements/formatting.txt
@@ -1,6 +1,6 @@
-black==23.7.0
-flake8==6.0.0
-flake8-bugbear==23.9.16
+black==24.2.0
+flake8==7.0.0
+flake8-bugbear==24.2.6
 flake8-implicit-str-concat==0.4.0
-isort==5.10.1
+isort==5.13.2
 pre-commit==3.3.3