diff --git a/Dockerfile b/Dockerfile
index 330f4da..fb8722c 100644
--- a/Dockerfile
+++ b/Dockerfile
@@ -1,4 +1,4 @@
-FROM ubuntu:22.04
+FROM ubuntu:24.04
 
 ENV TZ=UTC
 RUN ln -snf /usr/share/zoneinfo/$TZ /etc/localtime && echo $TZ > /etc/timezone && \
diff --git a/settings.sh b/settings.sh
index 11b16a9..d93a744 100755
--- a/settings.sh
+++ b/settings.sh
@@ -31,13 +31,13 @@ export SNS_AGGREGATOR_RELEASE="proposal-129614-agg"
 # $ ./gitlab-ci/src/artifacts/newest_sha_with_disk_image.sh origin/master
 # from the IC monorepo: https://github.com/dfinity/ic
 # if you change IC_COMMIT, then you need to rerun `source install.sh`
-export IC_COMMIT="1f88ae12ac756a91901ec49b3506400ae55d6829"
+export IC_COMMIT="25c1bb0227d9970f5673b908817d7c4962b29911"
 
 export TESTNET="local"
 
-export DFX_VERSION="0.24.2"
+export DFX_VERSION="0.24.3"
 export DFX_SNS_VERSION="0.4.1"
 export DFX_NNS_VERSION="0.4.1"
 
 export QUILL_VERSION="0.5.2"
-export IC_WASM_VERSION="0.9.1"
\ No newline at end of file
+export IC_WASM_VERSION="0.9.1"