diff --git a/.github/workflows/build-matrix.json b/.github/workflows/build-matrix.json
index 7ba384b636..fb4b1ec486 100644
--- a/.github/workflows/build-matrix.json
+++ b/.github/workflows/build-matrix.json
@@ -3,7 +3,7 @@
     "os": "ubuntu-latest",
     "target": "build-node",
     "run_on_event": "any",
-    "rust_toolchain": "nightly-2022-05-09"
+    "rust_toolchain": "nightly-2022-08-05"
   },
 
   {
@@ -11,7 +11,7 @@
     "target": "build-runtime",
     "package": "altair-runtime",
     "run_on_event": "push",
-    "rust_toolchain": "1.62.0"
+    "rust_toolchain": "1.64.0"
   },
 
   {
@@ -19,7 +19,7 @@
     "target": "build-runtime",
     "package": "centrifuge-runtime",
     "run_on_event": "push",
-    "rust_toolchain": "1.62.0"
+    "rust_toolchain": "1.64.0"
   },
 
   {
@@ -27,7 +27,7 @@
     "target": "build-runtime-fast",
     "package": "altair-runtime",
     "run_on_event": "push",
-    "rust_toolchain": "1.62.0"
+    "rust_toolchain": "1.64.0"
   },
 
   {
@@ -35,6 +35,6 @@
     "target": "build-runtime-fast",
     "package": "centrifuge-runtime",
     "run_on_event": "push",
-    "rust_toolchain": "1.62.0"
+    "rust_toolchain": "1.64.0"
   }
 ]
diff --git a/.github/workflows/build.yml b/.github/workflows/build.yml
index d841bdb6b6..1d9513bbc0 100644
--- a/.github/workflows/build.yml
+++ b/.github/workflows/build.yml
@@ -25,7 +25,7 @@ jobs:
     name: ${{ matrix.target }}
     runs-on: ${{ matrix.os }}
     env:
-      RUST_TOOLCHAIN: "nightly-2022-05-09"
+      RUST_TOOLCHAIN: "nightly-2022-08-05"
     steps:
       - name: Free space on Ubuntu
         if: ${{ matrix.os }} == 'ubuntu-latest'
diff --git a/.github/workflows/docker.yml b/.github/workflows/docker.yml
index 8df8e903b1..e3e5c2ac03 100644
--- a/.github/workflows/docker.yml
+++ b/.github/workflows/docker.yml
@@ -9,7 +9,7 @@ on:
         required: true
         default: ''
 env:
-  RUST_TOOLCHAIN: "nightly-2022-05-09"
+  RUST_TOOLCHAIN: "nightly-2022-08-05"
 jobs:
   docker:
     strategy:
diff --git a/.github/workflows/docs.yml b/.github/workflows/docs.yml
index 6ebb7e5087..130d9b969e 100644
--- a/.github/workflows/docs.yml
+++ b/.github/workflows/docs.yml
@@ -6,7 +6,7 @@ jobs:
   docs:
     runs-on: ubuntu-latest
     env:
-      RUST_TOOLCHAIN: "nightly-2022-05-09"
+      RUST_TOOLCHAIN: "nightly-2022-08-05"
     steps:
       - name: Checkout repository
         uses: actions/checkout@v3
diff --git a/ci/script.sh b/ci/script.sh
index 3aa32a92d9..9ea0891eeb 100755
--- a/ci/script.sh
+++ b/ci/script.sh
@@ -2,8 +2,8 @@
 
 set -eux
 
-RUST_TOOLCHAIN="${RUST_TOOLCHAIN:-nightly-2022-05-09}"
-SRTOOL_VERSION="${SRTOOL_VERSION:-1.62.0}"
+RUST_TOOLCHAIN="${RUST_TOOLCHAIN:-nightly-2022-08-05}"
+SRTOOL_VERSION="${SRTOOL_VERSION:-1.64.0}"
 PACKAGE="${PACKAGE:-centrifuge-runtime}" # Need to replicate job for all runtimes
 
 
diff --git a/flake.nix b/flake.nix
index 4453a5c2b4..aff2a745e9 100644
--- a/flake.nix
+++ b/flake.nix
@@ -31,7 +31,7 @@
           # This selects a nightly Rust version, based on the date.
           nightly-date = pkgs.lib.strings.removePrefix "nightly-" rustToolChainTOML.toolchain.channel;
           # This is the hash of the Rust toolchain at nightly-date, required for reproducibility.
-          nightly-sha256 = "sha256-CNMj0ouNwwJ4zwgc/gAeTYyDYe0botMoaj/BkeDTy4M=";
+          nightly-sha256 = "sha256-UuVX3RxSsUfng4G/Bec8JcI/lOUmxrG7NXSG5hMRgbc=";
           # This is the git short commit of the current version of the program.
           shortCommit = builtins.substring 0 7 (inputs.self.rev or "dirty");
 
diff --git a/rust-toolchain.toml b/rust-toolchain.toml
index 9063dca87e..aadc14a556 100644
--- a/rust-toolchain.toml
+++ b/rust-toolchain.toml
@@ -1,5 +1,5 @@
 [toolchain]
-channel = "nightly-2022-05-09"
+channel = "nightly-2022-08-05"
 components = [ "rustfmt", "clippy" ]
 targets = [ "wasm32-unknown-unknown" ]
 profile = "minimal"
\ No newline at end of file