diff --git a/.github/workflows/main.yml b/.github/workflows/main.yml
index aa54e0f..77d9469 100644
--- a/.github/workflows/main.yml
+++ b/.github/workflows/main.yml
@@ -15,7 +15,7 @@ concurrency:
 
 env:
   ZKLLVM_VERSION: 0.1.1
-  TOOLCHAIN_VERSION: 0.0.37
+  TOOLCHAIN_VERSION: 0.0.38
 
 jobs:
   test-zkllvm-workflow:
diff --git a/README.md b/README.md
index 01e06c2..55f199f 100644
--- a/README.md
+++ b/README.md
@@ -79,7 +79,7 @@ In the tutorial, we'll use the latest compatible versions of both images:
 ZKLLVM_VERSION=0.1.1
 docker pull ghcr.io/nilfoundation/zkllvm-template:${ZKLLVM_VERSION}
 
-TOOLCHAIN_VERSION=0.0.37
+TOOLCHAIN_VERSION=0.0.38
 docker pull ghcr.io/nilfoundation/proof-market-toolchain:${TOOLCHAIN_VERSION}
 ```
 
diff --git a/scripts/run.sh b/scripts/run.sh
index 391e695..35825ea 100755
--- a/scripts/run.sh
+++ b/scripts/run.sh
@@ -15,11 +15,11 @@ REPO_ROOT="$SCRIPT_DIR/.."
 
 # Set image versions in the environment before running this script:
 # export ZKLLVM_VERSION=0.1.1
-# export TOOLCHAIN_VERSION=0.0.39
+# export TOOLCHAIN_VERSION=0.0.38
 
 # If unset, default values will be used:
 echo "using nilfoundation/zkllvm-template:${ZKLLVM_VERSION:=0.1.1}"
-echo "using nilfoundation/proof-market-toolchain:${TOOLCHAIN_VERSION:=0.0.37}"
+echo "using nilfoundation/proof-market-toolchain:${TOOLCHAIN_VERSION:=0.0.38}"
 
 # podman is a safer option for using on CI machines
 if ! command -v podman; then