diff --git a/CHANGELOG b/CHANGELOG
index 630b90f..a5109a8 100644
--- a/CHANGELOG
+++ b/CHANGELOG
@@ -537,6 +537,6 @@
 * [Full changelog](https://github.com/matrix-org/synapse/releases/tag/v1.49.2)
 
 [1.38.2]
-* Update Synapse to 1.50.0
-* [Full changelog](https://github.com/matrix-org/synapse/releases/tag/v1.50.0)
+* Update Synapse to 1.50.1
+* [Full changelog](https://github.com/matrix-org/synapse/releases/tag/v1.50.1)
 
diff --git a/DESCRIPTION.md b/DESCRIPTION.md
index f80382f..1c440f5 100644
--- a/DESCRIPTION.md
+++ b/DESCRIPTION.md
@@ -1,4 +1,4 @@
-This app packages Synapse <upstream>1.50.0</upstream>.
+This app packages Synapse <upstream>1.50.1</upstream>.
 
 **This package only provides the Matrix backend. A variety of clients are available
 [here](https://matrix.org/clients/). Riot is a popular web frontend for Matrix and
diff --git a/Dockerfile b/Dockerfile
index d522719..61cb902 100644
--- a/Dockerfile
+++ b/Dockerfile
@@ -9,7 +9,7 @@ RUN virtualenv -p python3 /app/code/env
 ENV VIRTUAL_ENV=/app/code/env
 ENV PATH="$VIRTUAL_ENV/bin:$PATH"
 
-ARG VERSION=v1.50.0
+ARG VERSION=v1.50.1
 
 # Synapse (https://github.com/matrix-org/synapse/blob/master/INSTALL.md)
 # lxml - required for previews