diff --git a/build.gradle b/build.gradle
index 44cbc47d..8c8dbacf 100644
--- a/build.gradle
+++ b/build.gradle
@@ -48,7 +48,7 @@ configure(subprojects) {
         gsonVersion = '2.8.5'
         guavaVersion = '30.1.1-jre'
         guiceVersion = '4.2.2'
-        moneroJavaVersion = '0.7.15'
+        moneroJavaVersion = '0.7.16'
         httpclient5Version = '5.0'
         hamcrestVersion = '2.2'
         httpclientVersion = '4.5.12'
diff --git a/gradle/verification-metadata.xml b/gradle/verification-metadata.xml
index 0fc40d92..8472b2c7 100644
--- a/gradle/verification-metadata.xml
+++ b/gradle/verification-metadata.xml
@@ -1111,9 +1111,9 @@
             <sha256 value="4728eddd64e6ae3e1f205a775c6a327b24bd990b86d528584a17450a8b5f00d6" origin="Generated by Gradle"/>
          </artifact>
       </component>
-      <component group="io.github.monero-ecosystem" name="monero-java" version="0.7.15">
-         <artifact name="monero-java-0.7.15.jar">
-            <sha256 value="c7dedbbfffda495ad89aa8ea0a6b924b02bd9b9e5d38afb10cd96bfb5d94de9f" origin="Generated by Gradle"/>
+      <component group="io.github.monero-ecosystem" name="monero-java" version="0.7.16">
+         <artifact name="monero-java-0.7.16.jar">
+            <sha256 value="2628b54829a994f6b1f560541df9b2a6b3c501cdb178b4a64c7acc3f405e7ba8" origin="Generated by Gradle"/>
          </artifact>
       </component>
       <component group="io.github.resilience4j" name="resilience4j-all" version="1.7.0">