diff --git a/package-lock.json b/package-lock.json
index 9195ad5d..be92595d 100644
--- a/package-lock.json
+++ b/package-lock.json
@@ -1,12 +1,12 @@
 {
   "name": "@cheqd/sdk",
-  "version": "3.7.4-develop.1",
+  "version": "3.7.4",
   "lockfileVersion": 3,
   "requires": true,
   "packages": {
     "": {
       "name": "@cheqd/sdk",
-      "version": "3.7.4-develop.1",
+      "version": "3.7.4",
       "license": "Apache-2.0",
       "dependencies": {
         "@cheqd/ts-proto": "^3.3.6",
@@ -5536,9 +5536,9 @@
       "dev": true
     },
     "node_modules/multiformats": {
-      "version": "12.1.2",
-      "resolved": "https://registry.npmjs.org/multiformats/-/multiformats-12.1.2.tgz",
-      "integrity": "sha512-6mRIsrZXyw5xNPO31IGBMmxgDXBSgCGDsBAtazkZ02ip4hMwZNrQvfxXZtytRoBSWuzSq5f9VmMnXj76fIz5FQ==",
+      "version": "12.1.3",
+      "resolved": "https://registry.npmjs.org/multiformats/-/multiformats-12.1.3.tgz",
+      "integrity": "sha512-eajQ/ZH7qXZQR2AgtfpmSMizQzmyYVmCql7pdhldPuYQi4atACekbJaQplk6dWyIi10jCaFnd6pqvcEFXjbaJw==",
       "engines": {
         "node": ">=16.0.0",
         "npm": ">=7.0.0"