diff --git a/pkgs/applications/blockchains/elements/default.nix b/pkgs/applications/blockchains/elements/default.nix
index ffe27fa9b87b..0803e814480c 100644
--- a/pkgs/applications/blockchains/elements/default.nix
+++ b/pkgs/applications/blockchains/elements/default.nix
@@ -26,23 +26,15 @@
 
 stdenv.mkDerivation rec {
   pname = if withGui then "elements" else "elementsd";
-  version = "23.2.4";
+  version = "23.3.1";
 
   src = fetchFromGitHub {
     owner = "ElementsProject";
     repo = "elements";
     rev = "elements-${version}";
-    sha256 = "sha256-UNjYkEZBjGuhkwBxSkNXjBBcLQqoan/afCLhoR2lOY4=";
+    sha256 = "sha256-hqHKH9B6EITwZ4F+YdPJI4n3Z3EeXdPYbzRoNODlThY=";
   };
 
-  patches = [
-    # upnp: fix build with miniupnpc 2.2.8
-    (fetchpatch2 {
-      url = "https://github.com/bitcoin/bitcoin/commit/8acdf66540834b9f9cf28f16d389e8b6a48516d5.patch?full_index=1";
-      hash = "sha256-oDvHUvwAEp0LJCf6QBESn38Bu359TcPpLhvuLX3sm6M=";
-    })
-  ];
-
   nativeBuildInputs = [
     autoreconfHook
     pkg-config