diff --git a/net/cloudflared/Makefile b/net/cloudflared/Makefile
index 32680a2ed..c0e13fdbe 100644
--- a/net/cloudflared/Makefile
+++ b/net/cloudflared/Makefile
@@ -5,12 +5,12 @@
 include $(TOPDIR)/rules.mk
 
 PKG_NAME:=cloudflared
-PKG_VERSION:=2022.12.1
+PKG_VERSION:=2023.1.0
 PKG_RELEASE:=1
 
 PKG_SOURCE:=$(PKG_NAME)-$(PKG_VERSION).tar.gz
 PKG_SOURCE_URL:=https://codeload.github.com/cloudflare/cloudflared/tar.gz/$(PKG_VERSION)?
-PKG_HASH:=8cc5c41ea98a9d72687d5f62e733a9033191e834e4fa9b2aecc557f0ccfbda56
+PKG_HASH:=68b66ec333329cda386b304a333b6f24e3ecc09696184603ca37426d522c4cd2
 
 PKG_LICENSE:=Apache-2.0
 PKG_LICENSE_FILES:=LICENSE