diff --git a/build.gradle b/build.gradle
index 8ff6b7b9842..10761cadad2 100644
--- a/build.gradle
+++ b/build.gradle
@@ -412,7 +412,7 @@ configure(project(':desktop')) {
         modules =  ['javafx.controls', 'javafx.fxml']
     }
 
-    version = '1.7.0-SNAPSHOT'
+    version = '1.7.1-SNAPSHOT'
 
     jar.manifest.attributes(
         "Implementation-Title": project.name,
diff --git a/common/src/main/java/bisq/common/app/Version.java b/common/src/main/java/bisq/common/app/Version.java
index 45b6dcfa4e5..0bc9fc7f857 100644
--- a/common/src/main/java/bisq/common/app/Version.java
+++ b/common/src/main/java/bisq/common/app/Version.java
@@ -30,7 +30,7 @@ public class Version {
     // VERSION = 0.5.0 introduces proto buffer for the P2P network and local DB and is a not backward compatible update
     // Therefore all sub versions start again with 1
     // We use semantic versioning with major, minor and patch
-    public static final String VERSION = "1.7.0";
+    public static final String VERSION = "1.7.1";
 
     /**
      * Holds a list of the tagged resource files for optimizing the getData requests.
diff --git a/desktop/package/linux/Dockerfile b/desktop/package/linux/Dockerfile
index 72f1a1fc80b..894aff7fc93 100644
--- a/desktop/package/linux/Dockerfile
+++ b/desktop/package/linux/Dockerfile
@@ -8,7 +8,7 @@
 
 # pull base image
 FROM openjdk:8-jdk
-ENV version 1.7.0-SNAPSHOT
+ENV version 1.7.1-SNAPSHOT
 
 RUN apt-get update && apt-get install -y --no-install-recommends openjfx && rm -rf /var/lib/apt/lists/* &&
 apt-get install -y vim fakeroot
diff --git a/desktop/package/macosx/Info.plist b/desktop/package/macosx/Info.plist
index 24eb7808c7f..f1aa59ce778 100644
--- a/desktop/package/macosx/Info.plist
+++ b/desktop/package/macosx/Info.plist
@@ -5,10 +5,10 @@
         <!-- See: https://developer.apple.com/library/archive/documentation/General/Reference/InfoPlistKeyReference/Articles/CoreFoundationKeys.html -->
 
         <key>CFBundleVersion</key>
-        <string>1.7.0</string>
+        <string>1.7.1</string>
 
         <key>CFBundleShortVersionString</key>
-        <string>1.7.0</string>
+        <string>1.7.1</string>
 
         <key>CFBundleExecutable</key>
         <string>Bisq</string>
diff --git a/desktop/package/macosx/copy_dbs.sh b/desktop/package/macosx/copy_dbs.sh
index 1d6ee6ef645..fa46eda014a 100755
--- a/desktop/package/macosx/copy_dbs.sh
+++ b/desktop/package/macosx/copy_dbs.sh
@@ -2,7 +2,7 @@
 
 cd $(dirname $0)/../../../
 
-version="1.7.0"
+version="1.7.1"
 
 # Set BISQ_DIR as environment var to the path of your locally synced Bisq data directory e.g. BISQ_DIR=~/Library/Application\ Support/Bisq
 
diff --git a/desktop/package/macosx/finalize.sh b/desktop/package/macosx/finalize.sh
index 91b3762b778..7ac301f54ed 100755
--- a/desktop/package/macosx/finalize.sh
+++ b/desktop/package/macosx/finalize.sh
@@ -2,7 +2,7 @@
 
 cd ../../
 
-version="1.7.0-SNAPSHOT"
+version="1.7.1-SNAPSHOT"
 
 target_dir="releases/$version"
 
diff --git a/desktop/package/macosx/insert_snapshot_version.sh b/desktop/package/macosx/insert_snapshot_version.sh
index 5e883463ebe..852c505697c 100755
--- a/desktop/package/macosx/insert_snapshot_version.sh
+++ b/desktop/package/macosx/insert_snapshot_version.sh
@@ -2,7 +2,7 @@
 
 cd $(dirname $0)/../../../
 
-version=1.7.0
+version=1.7.1
 
 find . -type f \( -name "finalize.sh" \
 -o -name "create_app.sh" \
diff --git a/desktop/package/macosx/replace_version_number.sh b/desktop/package/macosx/replace_version_number.sh
index f7bac5f4618..a6b772e3f31 100755
--- a/desktop/package/macosx/replace_version_number.sh
+++ b/desktop/package/macosx/replace_version_number.sh
@@ -2,8 +2,8 @@
 
 cd $(dirname $0)/../../../.
 
-oldVersion=1.6.5
-newVersion=1.7.0
+oldVersion=1.7.0
+newVersion=1.7.1
 
 find . -type f \( -name "finalize.sh" \
 -o -name "create_app.sh" \
diff --git a/relay/src/main/resources/version.txt b/relay/src/main/resources/version.txt
index 820fb8dacf6..6c2a6460aeb 100644
--- a/relay/src/main/resources/version.txt
+++ b/relay/src/main/resources/version.txt
@@ -1 +1 @@
-1.7.0-SNAPSHOT
+1.7.1-SNAPSHOT
diff --git a/seednode/src/main/java/bisq/seednode/SeedNodeMain.java b/seednode/src/main/java/bisq/seednode/SeedNodeMain.java
index b23280e6814..9031e573ef2 100644
--- a/seednode/src/main/java/bisq/seednode/SeedNodeMain.java
+++ b/seednode/src/main/java/bisq/seednode/SeedNodeMain.java
@@ -47,7 +47,7 @@
 @Slf4j
 public class SeedNodeMain extends ExecutableForAppWithP2p {
     private static final long CHECK_CONNECTION_LOSS_SEC = 30;
-    private static final String VERSION = "1.7.0";
+    private static final String VERSION = "1.7.1";
     private SeedNode seedNode;
     private Timer checkConnectionLossTime;