diff --git a/RELEASE-NOTES b/RELEASE-NOTES
index c88c6f7..329d4dc 100644
--- a/RELEASE-NOTES
+++ b/RELEASE-NOTES
@@ -1,3 +1,8 @@
+version 0.7.16
+--------------
+
+- fix bug introduced in 0.7.12 that hit during reorgs
+
 version 0.7.15
 --------------
 
diff --git a/server/version.py b/server/version.py
index 2317499..daa5cba 100644
--- a/server/version.py
+++ b/server/version.py
@@ -1 +1 @@
-VERSION = "ElectrumX 0.7.15"
+VERSION = "ElectrumX 0.7.16"