diff --git a/pkgs/by-name/su/subxt/package.nix b/pkgs/by-name/su/subxt/package.nix
index 5a04072a41a2..f2dad1fd6e10 100644
--- a/pkgs/by-name/su/subxt/package.nix
+++ b/pkgs/by-name/su/subxt/package.nix
@@ -2,21 +2,20 @@
   lib,
   rustPlatform,
   fetchFromGitHub,
-  cmake,
 }:
 
 rustPlatform.buildRustPackage (finalAttrs: {
   pname = "subxt";
-  version = "0.44.2";
+  version = "0.50.0";
 
   src = fetchFromGitHub {
     owner = "paritytech";
     repo = "subxt";
-    rev = "v${finalAttrs.version}";
-    hash = "sha256-3yTX2H4T0nnA0Kh1Lx1/blK/Edd1ZOHQVEXiiOLxino=";
+    tag = "v${finalAttrs.version}";
+    hash = "sha256-nMal78+TYZ1f9X/YZhsqOsEIrjxhi9fEcevnQW8u97o=";
   };
 
-  cargoHash = "sha256-zJpzsPHK9Mq0KF0WvbBINxSQVr0m4Z5+M6/nFD8jiMg=";
+  cargoHash = "sha256-sqspcTwODoRzaaUSXT+2yPUTzUqcW1gNu0c1Lv9D1u0=";
 
   # Only build the command line client
   cargoBuildFlags = [
@@ -24,20 +23,21 @@ rustPlatform.buildRustPackage (finalAttrs: {
     "subxt"
   ];
 
-  # Needed by wabt-sys
-  nativeBuildInputs = [ cmake ];
-
   # Requires a running substrate node
   doCheck = false;
 
   meta = {
     homepage = "https://github.com/paritytech/subxt";
-    description = "Submit transactions to a substrate node via RPC";
+    description = "Subxt is a CLI tool for interacting with chains in the Polkadot network";
+    changelog = "https://github.com/paritytech/subxt/releases/tag/${finalAttrs.src.tag}";
     mainProgram = "subxt";
     license = with lib.licenses; [
       gpl3Plus
       asl20
     ];
-    maintainers = [ lib.maintainers.FlorianFranzen ];
+    maintainers = with lib.maintainers; [
+      FlorianFranzen
+      kilyanni
+    ];
   };
 })