diff --git a/deps/pyk_release b/deps/pyk_release
index 0a3ae3d9d..b31808a8f 100644
--- a/deps/pyk_release
+++ b/deps/pyk_release
@@ -1 +1 @@
-v0.1.513
+v0.1.514
diff --git a/pykwasm/poetry.lock b/pykwasm/poetry.lock
index 1576fef01..2244c4b98 100644
--- a/pykwasm/poetry.lock
+++ b/pykwasm/poetry.lock
@@ -389,14 +389,14 @@ pyflakes = ">=3.1.0,<3.2.0"
 
 [[package]]
 name = "flake8-bugbear"
-version = "23.9.16"
+version = "23.11.26"
 description = "A plugin for flake8 finding likely bugs and design problems in your program. Contains warnings that don't belong in pyflakes and pycodestyle."
 category = "dev"
 optional = false
 python-versions = ">=3.8.1"
 files = [
-    {file = "flake8-bugbear-23.9.16.tar.gz", hash = "sha256:90cf04b19ca02a682feb5aac67cae8de742af70538590509941ab10ae8351f71"},
-    {file = "flake8_bugbear-23.9.16-py3-none-any.whl", hash = "sha256:b182cf96ea8f7a8595b2f87321d7d9b28728f4d9c3318012d896543d19742cb5"},
+    {file = "flake8-bugbear-23.11.26.tar.gz", hash = "sha256:8e36119071bab626b6dab834fadd6d03c06090e9b189e67b4905821df8212fee"},
+    {file = "flake8_bugbear-23.11.26-py3-none-any.whl", hash = "sha256:55d00c8a3c48c995c1f0ec0df54f8c9cf530c06035ce53975a03517d2e7f53e5"},
 ]
 
 [package.dependencies]
@@ -896,7 +896,7 @@ windows-terminal = ["colorama (>=0.4.6)"]
 
 [[package]]
 name = "pyk"
-version = "0.1.513"
+version = "0.1.514"
 description = ""
 category = "main"
 optional = false
@@ -917,8 +917,8 @@ tomli = "^2.0.1"
 [package.source]
 type = "git"
 url = "https://github.com/runtimeverification/pyk.git"
-reference = "v0.1.513"
-resolved_reference = "3c948debc4d6219315e94b60508cddc8e5bbe9b9"
+reference = "v0.1.514"
+resolved_reference = "bb20d0e27e438b224034b1ada86ee205753065b5"
 
 [[package]]
 name = "pyperclip"
@@ -1146,4 +1146,4 @@ testing = ["big-O", "jaraco.functools", "jaraco.itertools", "more-itertools", "p
 [metadata]
 lock-version = "2.0"
 python-versions = "^3.10"
-content-hash = "c05f548f65af145a85997651a300e95735622706abff67730288b0e09f37e449"
+content-hash = "16920e65f4a86e51549ba578a5d2d304465fb49ba07944b4c5b8ef230de873cd"
diff --git a/pykwasm/pyproject.toml b/pykwasm/pyproject.toml
index 288dd589b..45e11514d 100644
--- a/pykwasm/pyproject.toml
+++ b/pykwasm/pyproject.toml
@@ -14,7 +14,7 @@ authors = [
 python = "^3.10"
 cytoolz = "^0.12.1"
 numpy = "^1.24.2"
-pyk = { git = "https://github.com/runtimeverification/pyk.git", tag="v0.1.513" }
+pyk = { git = "https://github.com/runtimeverification/pyk.git", tag="v0.1.514" }
 py-wasm = {url = "https://github.com/runtimeverification/py-wasm/archive/refs/tags/0.1.1.tar.gz"}
 
 [tool.poetry.group.dev.dependencies]