diff --git a/CMakeLists.txt b/CMakeLists.txt
index f6e726c8..319fe5dc 100644
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -4,8 +4,8 @@ project(monero-gui)
 message(STATUS "Initiating compile using CMake ${CMAKE_VERSION}")
 
 set(VERSION_MAJOR "18")
-set(VERSION_MINOR "2")
-set(VERSION_REVISION "2")
+set(VERSION_MINOR "3")
+set(VERSION_REVISION "0")
 set(VERSION "0.${VERSION_MAJOR}.${VERSION_MINOR}.${VERSION_REVISION}")
 
 option(STATIC "Link libraries statically, requires static Qt")
diff --git a/README.md b/README.md
index 84c4db0c..38967ee8 100644
--- a/README.md
+++ b/README.md
@@ -107,7 +107,7 @@ Packaging for your favorite distribution would be a welcome contribution!
    ```
    git clone --branch master --recursive https://github.com/monero-project/monero-gui.git
    ```
-   \* `master` - replace with the desired version tag (e.g. `v0.18.2.2`) to build the release binaries.
+   \* `master` - replace with the desired version tag (e.g. `v0.18.3.0`) to build the release binaries.
 3. Prepare build environment
    ```
    cd monero-gui
@@ -130,7 +130,7 @@ Packaging for your favorite distribution would be a welcome contribution!
    ```
    git clone --branch master --recursive https://github.com/monero-project/monero-gui.git
    ```
-   \* `master` - replace with the desired version tag (e.g. `v0.18.2.2`) to build the release binaries.
+   \* `master` - replace with the desired version tag (e.g. `v0.18.3.0`) to build the release binaries.
 3. Prepare build environment
    ```
    cd monero-gui
diff --git a/monero b/monero
index e06129bb..f9b81a58 160000
--- a/monero
+++ b/monero
@@ -1 +1 @@
-Subproject commit e06129bb4d1076f4f2cebabddcee09f1e9e30dcc
+Subproject commit f9b81a589e19f660ed803f505c8c2a1b309c3bed