diff --git a/.changeset/warm-insects-yell.md b/.changeset/warm-insects-yell.md
new file mode 100644
index 0000000000..b8568b4a62
--- /dev/null
+++ b/.changeset/warm-insects-yell.md
@@ -0,0 +1,5 @@
+---
+"@near-js/utils": patch
+---
+
+use own base58 and depend directly on base-x
diff --git a/packages/utils/package.json b/packages/utils/package.json
index 7ba5a72574..100b3e6c4c 100644
--- a/packages/utils/package.json
+++ b/packages/utils/package.json
@@ -17,7 +17,7 @@
   "license": "ISC",
   "dependencies": {
     "@near-js/types": "workspace:*",
-    "bs58": "4.0.0",
+    "bs58": "6.0.0",
     "depd": "2.0.0",
     "mustache": "4.0.0"
   },
diff --git a/pnpm-lock.yaml b/pnpm-lock.yaml
index fafe83ccdb..dc977f15aa 100644
--- a/pnpm-lock.yaml
+++ b/pnpm-lock.yaml
@@ -675,8 +675,8 @@ importers:
         specifier: workspace:*
         version: link:../types
       bs58:
-        specifier: 4.0.0
-        version: 4.0.0
+        specifier: 6.0.0
+        version: 6.0.0
       depd:
         specifier: 2.0.0
         version: 2.0.0
@@ -1618,6 +1618,9 @@ packages:
   base-x@3.0.9:
     resolution: {integrity: sha512-H7JU6iBHTal1gp56aKoaa//YUxEaAOUiydvrV/pILqIHXTtqxSkATOnDA2u+jZ/61sD+L/412+7kzXRtWukhpQ==}
 
+  base-x@5.0.0:
+    resolution: {integrity: sha512-sMW3VGSX1QWVFA6l8U62MLKz29rRfpTlYdCqLdpLo1/Yd4zZwSbnUaDfciIAowAqvq7YFnWq9hrhdg1KYgc1lQ==}
+
   base64-js@1.5.1:
     resolution: {integrity: sha512-AKpaYlHn8t4SVbOHCy+b5+KKgvR4vrsD8vbvrbiQJps7fKDTkjkDry6ji0rUJjC0kzbNePLwzxq8iypo41qeWA==}
 
@@ -1672,6 +1675,9 @@ packages:
   bs58@4.0.1:
     resolution: {integrity: sha512-Ok3Wdf5vOIlBrgCvTq96gBkJw+JUEzdBgyaza5HLtPm7yTHkjRy8+JzNyHF7BHa0bNWOQIp3m5YF0nnFcOIKLw==}
 
+  bs58@6.0.0:
+    resolution: {integrity: sha512-PD0wEnEYg6ijszw/u8s+iI3H17cTymlrwkKhDhPZq+Sokl3AU4htyBFTjAeNAlCCmg0f53g6ih3jATyCKftTfw==}
+
   bser@2.1.1:
     resolution: {integrity: sha512-gQxTNE/GAfIIrmHLUE3oJyp5FO6HRBfhjnw4/wMmA63ZGDJnWBmgY/lyQBpnDUkGmAhbSe39tx2d/iTOAfglwQ==}
 
@@ -5416,6 +5422,8 @@ snapshots:
     dependencies:
       safe-buffer: 5.2.1
 
+  base-x@5.0.0: {}
+
   base64-js@1.5.1: {}
 
   base64url@3.0.1: {}
@@ -5474,6 +5482,10 @@ snapshots:
     dependencies:
       base-x: 3.0.9
 
+  bs58@6.0.0:
+    dependencies:
+      base-x: 5.0.0
+
   bser@2.1.1:
     dependencies:
       node-int64: 0.4.0