diff --git a/deps/k_release b/deps/k_release
index 2985029ec9..08e4cca0ea 100644
--- a/deps/k_release
+++ b/deps/k_release
@@ -1 +1 @@
-7.0.44
+7.0.46
diff --git a/flake.lock b/flake.lock
index 62563f2e17..7c87d3f73a 100644
--- a/flake.lock
+++ b/flake.lock
@@ -242,16 +242,16 @@
         "rv-utils": "rv-utils_3"
       },
       "locked": {
-        "lastModified": 1715020093,
-        "narHash": "sha256-J1NHYxD5lfL+mVqeKCgjEWJABDKCHgsGUTB9uDQHqy8=",
+        "lastModified": 1715088206,
+        "narHash": "sha256-AB2l/Py8ta8PO5mnrLaLjMR0xgptMm7/ieRBmnCD70k=",
         "owner": "runtimeverification",
         "repo": "k",
-        "rev": "cb1e4a406a873b09463154f5844d45748c4f1fee",
+        "rev": "9eec77b97979709b5da535e98a91e90edbf6247c",
         "type": "github"
       },
       "original": {
         "owner": "runtimeverification",
-        "ref": "v7.0.44",
+        "ref": "v7.0.46",
         "repo": "k",
         "type": "github"
       }
@@ -293,16 +293,16 @@
         ]
       },
       "locked": {
-        "lastModified": 1714989740,
-        "narHash": "sha256-fEBjIMcRHCnv96Qw2UlXNxMsye82uD9aN/6LQFqfCpQ=",
+        "lastModified": 1715080888,
+        "narHash": "sha256-38rUf8sgtgcgUt1K+Wkcx2JLXe6ycJkYn4DJT91qyDk=",
         "owner": "runtimeverification",
         "repo": "llvm-backend",
-        "rev": "8d4130e7d9a091edf4cd8c1a3a48ab55f3f6bdd0",
+        "rev": "65cd1378076e4db10062676784dba23a3df2fada",
         "type": "github"
       },
       "original": {
         "owner": "runtimeverification",
-        "ref": "v0.1.5",
+        "ref": "v0.1.6",
         "repo": "llvm-backend",
         "type": "github"
       }
@@ -447,17 +447,17 @@
       },
       "locked": {
         "dir": "pyk",
-        "lastModified": 1715020093,
-        "narHash": "sha256-J1NHYxD5lfL+mVqeKCgjEWJABDKCHgsGUTB9uDQHqy8=",
+        "lastModified": 1715088206,
+        "narHash": "sha256-AB2l/Py8ta8PO5mnrLaLjMR0xgptMm7/ieRBmnCD70k=",
         "owner": "runtimeverification",
         "repo": "k",
-        "rev": "cb1e4a406a873b09463154f5844d45748c4f1fee",
+        "rev": "9eec77b97979709b5da535e98a91e90edbf6247c",
         "type": "github"
       },
       "original": {
         "dir": "pyk",
         "owner": "runtimeverification",
-        "ref": "v7.0.44",
+        "ref": "v7.0.46",
         "repo": "k",
         "type": "github"
       }
diff --git a/flake.nix b/flake.nix
index a08064228d..56f0f99d6a 100644
--- a/flake.nix
+++ b/flake.nix
@@ -2,11 +2,11 @@
   description = "A flake for the KEVM Semantics";
 
   inputs = {
-    k-framework.url = "github:runtimeverification/k/v7.0.44";
+    k-framework.url = "github:runtimeverification/k/v7.0.46";
     nixpkgs.follows = "k-framework/nixpkgs";
     flake-utils.follows = "k-framework/flake-utils";
     rv-utils.follows = "k-framework/rv-utils";
-    pyk.url = "github:runtimeverification/k/v7.0.44?dir=pyk";
+    pyk.url = "github:runtimeverification/k/v7.0.46?dir=pyk";
     nixpkgs-pyk.follows = "pyk/nixpkgs";
     poetry2nix.follows = "pyk/poetry2nix";
     blockchain-k-plugin = {
diff --git a/kevm-pyk/poetry.lock b/kevm-pyk/poetry.lock
index 2257ebc16d..e7994fefd6 100644
--- a/kevm-pyk/poetry.lock
+++ b/kevm-pyk/poetry.lock
@@ -814,7 +814,7 @@ windows-terminal = ["colorama (>=0.4.6)"]
 
 [[package]]
 name = "pyk"
-version = "7.0.44"
+version = "7.0.46"
 description = ""
 optional = false
 python-versions = "^3.10"
@@ -835,8 +835,8 @@ xdg-base-dirs = "^6.0.1"
 [package.source]
 type = "git"
 url = "https://github.com/runtimeverification/k.git"
-reference = "v7.0.44"
-resolved_reference = "cb1e4a406a873b09463154f5844d45748c4f1fee"
+reference = "v7.0.46"
+resolved_reference = "9eec77b97979709b5da535e98a91e90edbf6247c"
 subdirectory = "pyk"
 
 [[package]]
@@ -1117,4 +1117,4 @@ testing = ["big-O", "jaraco.functools", "jaraco.itertools", "more-itertools", "p
 [metadata]
 lock-version = "2.0"
 python-versions = "^3.10"
-content-hash = "566693ee82ef0f4cfe27fcfb75b4daded067d1a535ce01a3c81b3f0e8154f7ef"
+content-hash = "b92e7334a57c706c40e8218bdf0650d327c4ee982005e771573ba31a96b973e7"
diff --git a/kevm-pyk/pyproject.toml b/kevm-pyk/pyproject.toml
index 0a1d32cdac..3ebad614e5 100644
--- a/kevm-pyk/pyproject.toml
+++ b/kevm-pyk/pyproject.toml
@@ -4,7 +4,7 @@ build-backend = "poetry.core.masonry.api"
 
 [tool.poetry]
 name = "kevm-pyk"
-version = "1.0.544"
+version = "1.0.545"
 description = ""
 authors = [
     "Runtime Verification, Inc. <contact@runtimeverification.com>",
@@ -13,7 +13,7 @@ authors = [
 [tool.poetry.dependencies]
 python = "^3.10"
 pathos = "*"
-pyk = { git = "https://github.com/runtimeverification/k.git", tag="v7.0.44", subdirectory = "pyk" }
+pyk = { git = "https://github.com/runtimeverification/k.git", tag="v7.0.46", subdirectory = "pyk" }
 tomlkit = "^0.11.6"
 
 [tool.poetry.group.dev.dependencies]
diff --git a/kevm-pyk/src/kevm_pyk/__init__.py b/kevm-pyk/src/kevm_pyk/__init__.py
index 3c7122d125..43465820d1 100644
--- a/kevm-pyk/src/kevm_pyk/__init__.py
+++ b/kevm-pyk/src/kevm_pyk/__init__.py
@@ -6,4 +6,4 @@
     from typing import Final
 
 
-VERSION: Final = '1.0.544'
+VERSION: Final = '1.0.545'
diff --git a/package/version b/package/version
index 2fa6312ae0..77f8e860f5 100644
--- a/package/version
+++ b/package/version
@@ -1 +1 @@
-1.0.544
+1.0.545