diff --git a/README.md b/README.md
index 5f7dc8e1..25a20f9e 100644
--- a/README.md
+++ b/README.md
@@ -113,13 +113,13 @@ walletFull.close(true);
 <dependency>
   <groupId>io.github.monero-ecosystem</groupId>
   <artifactId>monero-java</artifactId>
-  <version>0.7.3</version>
+  <version>0.7.4</version>
 </dependency>
 ```
 
 #### For Gradle, add to build.gradle:
 
-`compile 'io.github.monero-ecosystem:monero-java:0.7.3'`
+`compile 'io.github.monero-ecosystem:monero-java:0.7.4'`
 
 You are now ready to use this library with [monero-daemon-rpc](https://getmonero.org/resources/developer-guides/daemon-rpc.html) and [monero-wallet-rpc](https://getmonero.org/resources/developer-guides/wallet-rpc.html) endpoints.
 
diff --git a/external/monero-cpp b/external/monero-cpp
index 7791b67a..98b9c2b4 160000
--- a/external/monero-cpp
+++ b/external/monero-cpp
@@ -1 +1 @@
-Subproject commit 7791b67a64c2465f3a74026c4cbb020f039f97b5
+Subproject commit 98b9c2b4be0fb29e2e6e17fe33272b02b80a89a2
diff --git a/pom.xml b/pom.xml
index fc5cd870..c22cf45a 100644
--- a/pom.xml
+++ b/pom.xml
@@ -4,7 +4,7 @@
 	<modelVersion>4.0.0</modelVersion>
 	<groupId>io.github.monero-ecosystem</groupId>
 	<artifactId>monero-java</artifactId>
-	<version>0.7.3</version>
+	<version>0.7.4</version>
 	<name>Monero Java Library</name>
 	<description>A Java library for using Monero</description>
 	<url>https://github.com/monero-ecosystem/monero-java</url>
diff --git a/src/main/java/monero/common/MoneroUtils.java b/src/main/java/monero/common/MoneroUtils.java
index 6fe7fa37..decdf290 100644
--- a/src/main/java/monero/common/MoneroUtils.java
+++ b/src/main/java/monero/common/MoneroUtils.java
@@ -40,7 +40,7 @@ public class MoneroUtils {
    * @return the version of this monero-java library
    */
   static String getVersion() {
-    return "0.7.3";
+    return "0.7.4";
   }
   
   public static final int RING_SIZE = 12; // network-enforced ring size