diff --git a/README.md b/README.md
index bfe8ce0ba43..86390bc569e 100644
--- a/README.md
+++ b/README.md
@@ -110,7 +110,7 @@ WALLET_DB=./my-databases/wallet-db
 NODE_DB=./my-databases/node-db
 NODE_SOCKET_DIR=/tmp/cardano-node-socket
 NODE_CONFIGS=./my-configs-i-just-copied-from-a-malicious-site
-WALLET_TAG=2024.7.7
+WALLET_TAG=2024.7.16
 
 ```