diff --git a/HISTORY.md b/HISTORY.md
index df7e84a..63644de 100644
--- a/HISTORY.md
+++ b/HISTORY.md
@@ -6,7 +6,7 @@ The format is based on [Keep a
 Changelog](https://keepachangelog.com/en/1.0.0/), and this project
 adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0.html).
 
-## [5.0.1](https://github.com/uploadcare/pyuploadcare/compare/v5.0.0...v5.0.1) - unreleased
+## [5.0.1](https://github.com/uploadcare/pyuploadcare/compare/v5.0.0...v5.0.1) - 2024-03-02
 
 ### Changed
 
@@ -14,7 +14,8 @@ adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0.html).
 
 ### Fixed
 
-- The SSL context is now cached by default, resulting in significant performance improvements when initializing the `Uploadcare` class frequently.  [#279](https://github.com/uploadcare/pyuploadcare/issues/279)
+- The SSL context is now cached by default, resulting in significant performance improvements when initializing the `Uploadcare` class frequently. [#279](https://github.com/uploadcare/pyuploadcare/issues/279)
+- Removed the warning for the usage of the deprecated `pydantic.utils.deep_update` [#283](https://github.com/uploadcare/pyuploadcare/issues/283)
 
 ## [5.0.0](https://github.com/uploadcare/pyuploadcare/compare/v4.3.0...v5.0.0) - 2023-12-28
 
diff --git a/pyuploadcare/dj/conf.py b/pyuploadcare/dj/conf.py
index b036280..1a8b715 100644
--- a/pyuploadcare/dj/conf.py
+++ b/pyuploadcare/dj/conf.py
@@ -7,9 +7,9 @@
 from django import get_version as django_version
 from django.conf import settings
 from django.core.exceptions import ImproperlyConfigured
-from pydantic.utils import deep_update
 
 from pyuploadcare import __version__ as library_version
+from pyuploadcare.helpers import deep_update
 
 
 __all__ = [
diff --git a/pyuploadcare/helpers.py b/pyuploadcare/helpers.py
index 0b2ec04..b9f0fa7 100644
--- a/pyuploadcare/helpers.py
+++ b/pyuploadcare/helpers.py
@@ -1,6 +1,6 @@
 import mimetypes
 import os
-from typing import IO, Iterable, List, TypeVar, Union
+from typing import IO, Any, Dict, Iterable, List, TypeVar, Union
 
 from pyuploadcare import File
 
@@ -48,3 +48,23 @@ def guess_mime_type(file_object: IO) -> str:
     if not mime_type:
         mime_type = "application/octet-stream"
     return mime_type
+
+
+KeyType = TypeVar("KeyType")
+
+
+def deep_update(
+    mapping: Dict[KeyType, Any], *updating_mappings: Dict[KeyType, Any]
+) -> Dict[KeyType, Any]:
+    updated_mapping = mapping.copy()
+    for updating_mapping in updating_mappings:
+        for k, v in updating_mapping.items():
+            if (
+                k in updated_mapping
+                and isinstance(updated_mapping[k], dict)
+                and isinstance(v, dict)
+            ):
+                updated_mapping[k] = deep_update(updated_mapping[k], v)
+            else:
+                updated_mapping[k] = v
+    return updated_mapping