diff --git a/devel/ioncube/Makefile b/devel/ioncube/Makefile
index 1a2f35bfee11..487dac91e574 100644
--- a/devel/ioncube/Makefile
+++ b/devel/ioncube/Makefile
@@ -2,7 +2,7 @@
 # $FreeBSD$
 
 PORTNAME=	ioncube
-DISTVERSION=	4.7.5
+DISTVERSION=	5.0.21
 CATEGORIES=	devel
 MASTER_SITES=	http://downloads3.ioncube.com/loader_downloads/ \
 		http://dl.ispsystem.info/ioncube/${DISTVERSION}/ \
@@ -15,7 +15,6 @@ COMMENT=	Loader for ionCube-encoded PHP files
 
 ONLY_FOR_ARCHS=	i386 amd64
 NO_BUILD=	yes
-USES=	tar:bzip2
 USE_PHP=	yes
 
 SUB_FILES=	pkg-message
diff --git a/devel/ioncube/distinfo b/devel/ioncube/distinfo
index 0f712a875733..831d34ee2baf 100644
--- a/devel/ioncube/distinfo
+++ b/devel/ioncube/distinfo
@@ -1,4 +1,4 @@
-SHA256 (ioncube/4.7.5/ioncube_loaders_fre_9_x86.tar.bz2) = 0faa46268d1aba0c8ebab7005df2d57a6324ad816ded468ea40d0149dc9c1b0b
-SIZE (ioncube/4.7.5/ioncube_loaders_fre_9_x86.tar.bz2) = 5001121
-SHA256 (ioncube/4.7.5/ioncube_loaders_fre_9_x86-64.tar.bz2) = 2ee10517c8baf20176e71c833d70e1435820afd5ba78fa7778d663ca762127b4
-SIZE (ioncube/4.7.5/ioncube_loaders_fre_9_x86-64.tar.bz2) = 5253376
+SHA256 (ioncube/5.0.21/ioncube_loaders_fre_9_x86.tar.gz) = 32af208171af6f3d272c663c7b99c953ddb2b4621688914cea57d33f73d1b671
+SIZE (ioncube/5.0.21/ioncube_loaders_fre_9_x86.tar.gz) = 6912151
+SHA256 (ioncube/5.0.21/ioncube_loaders_fre_9_x86-64.tar.gz) = c9d2fd015a6c148335a3ff83fa0bf69ee601b167f694833bbb0de60c1e17de28
+SIZE (ioncube/5.0.21/ioncube_loaders_fre_9_x86-64.tar.gz) = 7520648