Not launching always giving this error

[MikzG]

Traceback (most recent call last):
File "Main.py", line 1911, in
Init()
File "Main.py", line 176, in Init
Alucard.run(token, bot=False, reconnect=True)
File "C:\Python38\lib\site-packages\discord\client.py", line 640, in run
return future.result()
File "C:\Python38\lib\site-packages\discord\client.py", line 621, in runner
await self.start(*args, **kwargs)
File "C:\Python38\lib\site-packages\discord\client.py", line 585, in start
await self.connect(reconnect=reconnect)
File "C:\Python38\lib\site-packages\discord\client.py", line 499, in connect
await self._connect()
File "C:\Python38\lib\site-packages\discord\client.py", line 463, in _connect
await self.ws.poll_event()
File "C:\Python38\lib\site-packages\discord\gateway.py", line 471, in poll_event
await self.received_message(msg)
File "C:\Python38\lib\site-packages\discord\gateway.py", line 425, in received_message
func(data)
File "C:\Python38\lib\site-packages\discord\state.py", line 394, in parse_ready
guild = self._add_guild_from_data(guild_data)
File "C:\Python38\lib\site-packages\discord\state.py", line 274, in _add_guild_from_data
guild = Guild(data=guild, state=self)
File "C:\Python38\lib\site-packages\discord\guild.py", line 177, in init
self._from_data(data)
File "C:\Python38\lib\site-packages\discord\guild.py", line 297, in _from_data
self._sync(guild)
File "C:\Python38\lib\site-packages\discord\guild.py", line 324, in _sync
self._add_channel(TextChannel(guild=self, data=c, state=self._state))
File "C:\Python38\lib\site-packages\discord\channel.py", line 107, in init
self._update(guild, data)
File "C:\Python38\lib\site-packages\discord\channel.py", line 131, in _update
self._fill_overwrites(data)
File "C:\Python38\lib\site-packages\discord\abc.py", line 294, in _fill_overwrites
self._overwrites.append(_Overwrites(id=overridden_id, **overridden))
TypeError: new() got an unexpected keyword argument 'deny_new'

[Fweak]

You have to install the latest version of discord.py
python3 -m pip install -U discord.py