diff --git a/pkgs/applications/networking/ipfs/default.nix b/pkgs/applications/networking/ipfs/default.nix
index f6285ae59be..04854840112 100644
--- a/pkgs/applications/networking/ipfs/default.nix
+++ b/pkgs/applications/networking/ipfs/default.nix
@@ -2,7 +2,7 @@
 
 buildGoModule rec {
   pname = "ipfs";
-  version = "0.12.0"; # When updating, also check if the repo version changed and adjust repoVersion below
+  version = "0.12.1"; # When updating, also check if the repo version changed and adjust repoVersion below
   rev = "v${version}";
 
   repoVersion = "12"; # Also update ipfs-migrator when changing the repo version
@@ -10,7 +10,7 @@ buildGoModule rec {
   # go-ipfs makes changes to it's source tarball that don't match the git source.
   src = fetchurl {
     url = "https://github.com/ipfs/go-ipfs/releases/download/${rev}/go-ipfs-source.tar.gz";
-    sha256 = "jWoMm/xIp3Zn/FiHWQ5/q39i6Lh4Fdoi9OdnRVc51Xk=";
+    sha256 = "sha256-fUExCvE6x5VFBl66y52DGvr8ZNSXZ6MYpVQP/D7X328=";
   };
 
   # tarball contains multiple files/directories