diff --git a/pkgs/development/python-modules/ipfsapi/default.nix b/pkgs/development/python-modules/ipfsapi/default.nix
index c97eafb6054..32bc8c58599 100644
--- a/pkgs/development/python-modules/ipfsapi/default.nix
+++ b/pkgs/development/python-modules/ipfsapi/default.nix
@@ -8,14 +8,14 @@
 
 buildPythonPackage {
   pname = "ipfsapi";
-  version = "0.4.2.post1";
+  version = "0.7.0";
   disabled = isPy27;
 
   src = fetchFromGitHub {
     owner = "ipfs";
     repo = "py-ipfs-api";
-    rev = "0c485544a114f580c65e2ffbb5782efbf7fd9f61";
-    sha256 = "1v7f77cv95yv0v80gisdh71mj7jcq41xcfip6bqm57zfdbsa0xpn";
+    rev = version;
+    sha256 = "02yx7x9pdnfcav4vqd6ygqcisd3483b0zbx2j4brb4gxixk2hlyj";
   };
 
   propagatedBuildInputs = [ six requests ];