diff --git a/release_notes.md b/release_notes.md
index aae85ca..c71d135 100644
--- a/release_notes.md
+++ b/release_notes.md
@@ -16,19 +16,8 @@ This file tracks release notes for the loop client.
 
 #### New Features
 
-* `--private` flag is now available on the `loop in` command, meaning users can
-  now loop in to private nodes! This was implemented in [#415](https://github.com/lightninglabs/loop/pull/415)
-  and has an implementation of LND's hop hints creation feature for the time
-  being. The flag is also available in `loop quote in` as an extension.
-* `--route_hints` has also been added on the `loop in` and `loop quote in` cli
-  commands, and was also include in [#415](https://github.com/lightninglabs/loop/pull/415).
-  While the `--private` flag autogenerates routehints to assist the payer (Lightning Labs),
-  `--route_hints` allows the user to feed their own crafted versions if they so please.
-
 #### Breaking Changes
 
 #### Bug Fixes
 
-* Fixed issue where loop assumes the mainnet location for lnd.macaroonpath regardless of passed network parameters.
-
 #### Maintenance
diff --git a/version.go b/version.go
index 9ae3a6e..9129053 100644
--- a/version.go
+++ b/version.go
@@ -26,8 +26,8 @@ const semanticAlphabet = "0123456789ABCDEFGHIJKLMNOPQRSTUVWXYZabcdefghijklmnopqr
 const (
 	// Note: please update release_notes.md when you change these values.
 	appMajor uint = 0
-	appMinor uint = 15
-	appPatch uint = 1
+	appMinor uint = 16
+	appPatch uint = 0
 
 	// appPreRelease MUST only contain characters from semanticAlphabet per
 	// the semantic versioning spec.