diff --git a/CHANGELOG.md b/CHANGELOG.md
index 65eb6d89e07..197684903be 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -46,6 +46,7 @@
 - Update individual crates.
     - `libp2p-core`
     - `libp2p-gossipsub`
+    - `libp2p-noise`
     - `libp2p-pnet`
     - `libp2p-wasm-ext`
 
diff --git a/Cargo.toml b/Cargo.toml
index f19dd5e0696..e69f95e1978 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -70,7 +70,7 @@ libp2p-gossipsub = { version = "0.30.1", path = "./protocols/gossipsub", optiona
 libp2p-identify = { version = "0.29.0", path = "protocols/identify", optional = true }
 libp2p-kad = { version = "0.30.0", path = "protocols/kad", optional = true }
 libp2p-mplex = { version = "0.28.0", path = "muxers/mplex", optional = true }
-libp2p-noise = { version = "0.30.0", path = "transports/noise", optional = true }
+libp2p-noise = { version = "0.31.0", path = "transports/noise", optional = true }
 libp2p-ping = { version = "0.29.0", path = "protocols/ping", optional = true }
 libp2p-plaintext = { version = "0.28.0", path = "transports/plaintext", optional = true }
 libp2p-pnet = { version = "0.21.0", path = "transports/pnet", optional = true }
diff --git a/transports/noise/CHANGELOG.md b/transports/noise/CHANGELOG.md
index 36fc76423c7..620eaa85387 100644
--- a/transports/noise/CHANGELOG.md
+++ b/transports/noise/CHANGELOG.md
@@ -1,3 +1,9 @@
+# 0.31.0 [unreleased]
+
+- Update to `snow` `v0.8.0` ([PR-2068]).
+
+[PR-2068]: https://github.com/libp2p/rust-libp2p/pull/2068
+
 # 0.30.0 [2021-03-17]
 
 - Update `libp2p-core`.
diff --git a/transports/noise/Cargo.toml b/transports/noise/Cargo.toml
index 1385b32291e..1f568f629d4 100644
--- a/transports/noise/Cargo.toml
+++ b/transports/noise/Cargo.toml
@@ -1,7 +1,7 @@
 [package]
 name = "libp2p-noise"
 description = "Cryptographic handshake protocol using the noise framework."
-version = "0.30.0"
+version = "0.31.0"
 authors = ["Parity Technologies <admin@parity.io>"]
 license = "MIT"
 repository = "https://github.com/libp2p/rust-libp2p"
@@ -15,17 +15,17 @@ lazy_static = "1.2"
 libp2p-core = { version = "0.28.0", path = "../../core" }
 log = "0.4"
 prost = "0.7"
-rand = "0.7.2"
+rand = "0.8.3"
 sha2 = "0.9.1"
 static_assertions = "1"
 x25519-dalek = "1.1.0"
 zeroize = "1"
 
 [target.'cfg(not(target_arch = "wasm32"))'.dependencies]
-snow = { version = "0.7.1", features = ["ring-resolver"], default-features = false }
+snow = { version = "0.8.0", features = ["ring-resolver"], default-features = false }
 
 [target.'cfg(target_arch = "wasm32")'.dependencies]
-snow = { version = "0.7.1", features = ["default-resolver"], default-features = false }
+snow = { version = "0.8.0", features = ["default-resolver"], default-features = false }
 
 [dev-dependencies]
 async-io = "1.2.0"