diff --git a/Cargo.toml b/Cargo.toml
index 61f8d8b..095983a 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -1,6 +1,6 @@
 [package]
 name = "spartan"
-version = "0.6.0"
+version = "0.7.0"
 authors = ["Srinath Setty <srinath@microsoft.com>"]
 edition = "2021"
 description = "High-speed zkSNARKs without trusted setup"
diff --git a/README.md b/README.md
index 07e9677..89c52c3 100644
--- a/README.md
+++ b/README.md
@@ -33,7 +33,7 @@ We now highlight Spartan's distinctive features.
 To import `libspartan` into your Rust project, add the following dependency to `Cargo.toml`:
 
 ```text
-spartan = "0.4.1"
+spartan = "0.7.0"
 ```
 
 The following example shows how to use `libspartan` to create and verify a SNARK proof.