diff --git a/Cargo.lock b/Cargo.lock
index 1969ba9d62..ee8d84ceb0 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -5125,7 +5125,7 @@ dependencies = [
 
 [[package]]
 name = "tari_app_grpc"
-version = "0.49.0-pre.2"
+version = "0.49.0-pre.3"
 dependencies = [
  "argon2",
  "base64 0.13.1",
@@ -5149,7 +5149,7 @@ dependencies = [
 
 [[package]]
 name = "tari_app_utilities"
-version = "0.49.0-pre.2"
+version = "0.49.0-pre.3"
 dependencies = [
  "clap 3.2.23",
  "futures 0.3.26",
@@ -5167,7 +5167,7 @@ dependencies = [
 
 [[package]]
 name = "tari_base_node"
-version = "0.49.0-pre.2"
+version = "0.49.0-pre.3"
 dependencies = [
  "anyhow",
  "async-trait",
@@ -5260,7 +5260,7 @@ dependencies = [
 
 [[package]]
 name = "tari_common"
-version = "0.49.0-pre.2"
+version = "0.49.0-pre.3"
 dependencies = [
  "anyhow",
  "blake2 0.9.2",
@@ -5286,7 +5286,7 @@ dependencies = [
 
 [[package]]
 name = "tari_common_sqlite"
-version = "0.49.0-pre.2"
+version = "0.49.0-pre.3"
 dependencies = [
  "chrono",
  "diesel",
@@ -5301,7 +5301,7 @@ dependencies = [
 
 [[package]]
 name = "tari_common_types"
-version = "0.49.0-pre.2"
+version = "0.49.0-pre.3"
 dependencies = [
  "borsh",
  "digest 0.9.0",
@@ -5318,7 +5318,7 @@ dependencies = [
 
 [[package]]
 name = "tari_comms"
-version = "0.49.0-pre.2"
+version = "0.49.0-pre.3"
 dependencies = [
  "anyhow",
  "async-trait",
@@ -5367,7 +5367,7 @@ dependencies = [
 
 [[package]]
 name = "tari_comms_dht"
-version = "0.49.0-pre.2"
+version = "0.49.0-pre.3"
 dependencies = [
  "anyhow",
  "bitflags 1.3.2",
@@ -5411,7 +5411,7 @@ dependencies = [
 
 [[package]]
 name = "tari_comms_rpc_macros"
-version = "0.49.0-pre.2"
+version = "0.49.0-pre.3"
 dependencies = [
  "futures 0.3.26",
  "proc-macro2",
@@ -5426,7 +5426,7 @@ dependencies = [
 
 [[package]]
 name = "tari_console_wallet"
-version = "0.49.0-pre.2"
+version = "0.49.0-pre.3"
 dependencies = [
  "bitflags 1.3.2",
  "chrono",
@@ -5474,7 +5474,7 @@ dependencies = [
 
 [[package]]
 name = "tari_contacts"
-version = "0.49.0-pre.2"
+version = "0.49.0-pre.3"
 dependencies = [
  "chrono",
  "diesel",
@@ -5502,7 +5502,7 @@ dependencies = [
 
 [[package]]
 name = "tari_core"
-version = "0.49.0-pre.2"
+version = "0.49.0-pre.3"
 dependencies = [
  "bincode",
  "bitflags 1.3.2",
@@ -5640,7 +5640,7 @@ dependencies = [
 
 [[package]]
 name = "tari_key_manager"
-version = "0.49.0-pre.2"
+version = "0.49.0-pre.3"
 dependencies = [
  "argon2",
  "blake2 0.9.2",
@@ -5683,7 +5683,7 @@ dependencies = [
 
 [[package]]
 name = "tari_merge_mining_proxy"
-version = "0.49.0-pre.2"
+version = "0.49.0-pre.3"
 dependencies = [
  "anyhow",
  "bincode",
@@ -5732,7 +5732,7 @@ dependencies = [
 
 [[package]]
 name = "tari_miner"
-version = "0.49.0-pre.2"
+version = "0.49.0-pre.3"
 dependencies = [
  "base64 0.13.1",
  "borsh",
@@ -5767,7 +5767,7 @@ dependencies = [
 
 [[package]]
 name = "tari_mining_helper_ffi"
-version = "0.49.0-pre.2"
+version = "0.49.0-pre.3"
 dependencies = [
  "borsh",
  "hex",
@@ -5783,7 +5783,7 @@ dependencies = [
 
 [[package]]
 name = "tari_mmr"
-version = "0.49.0-pre.2"
+version = "0.49.0-pre.3"
 dependencies = [
  "bincode",
  "blake2 0.9.2",
@@ -5803,7 +5803,7 @@ dependencies = [
 
 [[package]]
 name = "tari_p2p"
-version = "0.49.0-pre.2"
+version = "0.49.0-pre.3"
 dependencies = [
  "anyhow",
  "clap 2.34.0",
@@ -5857,7 +5857,7 @@ dependencies = [
 
 [[package]]
 name = "tari_service_framework"
-version = "0.49.0-pre.2"
+version = "0.49.0-pre.3"
 dependencies = [
  "anyhow",
  "async-trait",
@@ -5874,7 +5874,7 @@ dependencies = [
 
 [[package]]
 name = "tari_shutdown"
-version = "0.49.0-pre.2"
+version = "0.49.0-pre.3"
 dependencies = [
  "futures 0.3.26",
  "tokio",
@@ -5882,7 +5882,7 @@ dependencies = [
 
 [[package]]
 name = "tari_storage"
-version = "0.49.0-pre.2"
+version = "0.49.0-pre.3"
 dependencies = [
  "bincode",
  "lmdb-zero",
@@ -5895,7 +5895,7 @@ dependencies = [
 
 [[package]]
 name = "tari_test_utils"
-version = "0.49.0-pre.2"
+version = "0.49.0-pre.3"
 dependencies = [
  "futures 0.3.26",
  "futures-test",
@@ -5926,7 +5926,7 @@ dependencies = [
 
 [[package]]
 name = "tari_wallet"
-version = "0.49.0-pre.2"
+version = "0.49.0-pre.3"
 dependencies = [
  "argon2",
  "async-trait",
@@ -5976,7 +5976,7 @@ dependencies = [
 
 [[package]]
 name = "tari_wallet_ffi"
-version = "0.49.0-pre.2"
+version = "0.49.0-pre.3"
 dependencies = [
  "borsh",
  "cbindgen 0.24.3",
diff --git a/applications/tari_app_grpc/Cargo.toml b/applications/tari_app_grpc/Cargo.toml
index 79ac84dea0..3e04b00f68 100644
--- a/applications/tari_app_grpc/Cargo.toml
+++ b/applications/tari_app_grpc/Cargo.toml
@@ -4,7 +4,7 @@ authors = ["The Tari Development Community"]
 description = "This crate is to provide a single source for all cross application grpc files and conversions to and from tari::core"
 repository = "https://github.com/tari-project/tari"
 license = "BSD-3-Clause"
-version = "0.49.0-pre.2"
+version = "0.49.0-pre.3"
 edition = "2018"
 
 [dependencies]
diff --git a/applications/tari_app_utilities/Cargo.toml b/applications/tari_app_utilities/Cargo.toml
index ae42aacecd..386a198664 100644
--- a/applications/tari_app_utilities/Cargo.toml
+++ b/applications/tari_app_utilities/Cargo.toml
@@ -1,6 +1,6 @@
 [package]
 name = "tari_app_utilities"
-version = "0.49.0-pre.2"
+version = "0.49.0-pre.3"
 authors = ["The Tari Development Community"]
 edition = "2018"
 license = "BSD-3-Clause"
diff --git a/applications/tari_base_node/Cargo.toml b/applications/tari_base_node/Cargo.toml
index c13d893a55..dff70645d9 100644
--- a/applications/tari_base_node/Cargo.toml
+++ b/applications/tari_base_node/Cargo.toml
@@ -4,7 +4,7 @@ authors = ["The Tari Development Community"]
 description = "The tari full base node implementation"
 repository = "https://github.com/tari-project/tari"
 license = "BSD-3-Clause"
-version = "0.49.0-pre.2"
+version = "0.49.0-pre.3"
 edition = "2018"
 
 [dependencies]
diff --git a/applications/tari_console_wallet/Cargo.toml b/applications/tari_console_wallet/Cargo.toml
index fe5f4cabf0..692990eb2a 100644
--- a/applications/tari_console_wallet/Cargo.toml
+++ b/applications/tari_console_wallet/Cargo.toml
@@ -1,6 +1,6 @@
 [package]
 name = "tari_console_wallet"
-version = "0.49.0-pre.2"
+version = "0.49.0-pre.3"
 authors = ["The Tari Development Community"]
 edition = "2018"
 license = "BSD-3-Clause"
diff --git a/applications/tari_merge_mining_proxy/Cargo.toml b/applications/tari_merge_mining_proxy/Cargo.toml
index f7b577aebb..8ccb67b289 100644
--- a/applications/tari_merge_mining_proxy/Cargo.toml
+++ b/applications/tari_merge_mining_proxy/Cargo.toml
@@ -4,7 +4,7 @@ authors = ["The Tari Development Community"]
 description = "The Tari merge mining proxy for xmrig"
 repository = "https://github.com/tari-project/tari"
 license = "BSD-3-Clause"
-version = "0.49.0-pre.2"
+version = "0.49.0-pre.3"
 edition = "2018"
 
 [features]
diff --git a/applications/tari_miner/Cargo.toml b/applications/tari_miner/Cargo.toml
index 4686c2b3f0..5fd00f991f 100644
--- a/applications/tari_miner/Cargo.toml
+++ b/applications/tari_miner/Cargo.toml
@@ -4,7 +4,7 @@ authors = ["The Tari Development Community"]
 description = "The tari miner implementation"
 repository = "https://github.com/tari-project/tari"
 license = "BSD-3-Clause"
-version = "0.49.0-pre.2"
+version = "0.49.0-pre.3"
 edition = "2018"
 
 [dependencies]
diff --git a/base_layer/common_types/Cargo.toml b/base_layer/common_types/Cargo.toml
index 15ebc64be9..556380b9c1 100644
--- a/base_layer/common_types/Cargo.toml
+++ b/base_layer/common_types/Cargo.toml
@@ -3,7 +3,7 @@ name = "tari_common_types"
 authors = ["The Tari Development Community"]
 description = "Tari cryptocurrency common types"
 license = "BSD-3-Clause"
-version = "0.49.0-pre.2"
+version = "0.49.0-pre.3"
 edition = "2018"
 
 [dependencies]
diff --git a/base_layer/contacts/Cargo.toml b/base_layer/contacts/Cargo.toml
index 6777bc1242..ce8b71c02c 100644
--- a/base_layer/contacts/Cargo.toml
+++ b/base_layer/contacts/Cargo.toml
@@ -3,7 +3,7 @@ name = "tari_contacts"
 authors = ["The Tari Development Community"]
 description = "Tari contacts library"
 license = "BSD-3-Clause"
-version = "0.49.0-pre.2"
+version = "0.49.0-pre.3"
 edition = "2018"
 
 [dependencies]
diff --git a/base_layer/core/Cargo.toml b/base_layer/core/Cargo.toml
index 6f5ca925ff..592b7a3ffa 100644
--- a/base_layer/core/Cargo.toml
+++ b/base_layer/core/Cargo.toml
@@ -6,7 +6,7 @@ repository = "https://github.com/tari-project/tari"
 homepage = "https://tari.com"
 readme = "README.md"
 license = "BSD-3-Clause"
-version = "0.49.0-pre.2"
+version = "0.49.0-pre.3"
 edition = "2018"
 
 [features]
diff --git a/base_layer/key_manager/Cargo.toml b/base_layer/key_manager/Cargo.toml
index d723a4b9ab..c52f643814 100644
--- a/base_layer/key_manager/Cargo.toml
+++ b/base_layer/key_manager/Cargo.toml
@@ -4,7 +4,7 @@ authors = ["The Tari Development Community"]
 description = "Tari cryptocurrency wallet key management"
 repository = "https://github.com/tari-project/tari"
 license = "BSD-3-Clause"
-version = "0.49.0-pre.2"
+version = "0.49.0-pre.3"
 edition = "2021"
 
 [lib]
diff --git a/base_layer/mmr/Cargo.toml b/base_layer/mmr/Cargo.toml
index 51435e6a35..6ca4e1577f 100644
--- a/base_layer/mmr/Cargo.toml
+++ b/base_layer/mmr/Cargo.toml
@@ -4,7 +4,7 @@ authors = ["The Tari Development Community"]
 description = "A Merkle Mountain Range implementation"
 repository = "https://github.com/tari-project/tari"
 license = "BSD-3-Clause"
-version = "0.49.0-pre.2"
+version = "0.49.0-pre.3"
 edition = "2018"
 
 [features]
diff --git a/base_layer/p2p/Cargo.toml b/base_layer/p2p/Cargo.toml
index 74eda15405..4bb321bd4e 100644
--- a/base_layer/p2p/Cargo.toml
+++ b/base_layer/p2p/Cargo.toml
@@ -1,6 +1,6 @@
 [package]
 name = "tari_p2p"
-version = "0.49.0-pre.2"
+version = "0.49.0-pre.3"
 authors = ["The Tari Development community"]
 description = "Tari base layer-specific peer-to-peer communication features"
 repository = "https://github.com/tari-project/tari"
diff --git a/base_layer/service_framework/Cargo.toml b/base_layer/service_framework/Cargo.toml
index c09bd6e7bd..97971cae17 100644
--- a/base_layer/service_framework/Cargo.toml
+++ b/base_layer/service_framework/Cargo.toml
@@ -1,6 +1,6 @@
 [package]
 name = "tari_service_framework"
-version = "0.49.0-pre.2"
+version = "0.49.0-pre.3"
 authors = ["The Tari Development Community"]
 description = "The Tari communication stack service framework"
 repository = "https://github.com/tari-project/tari"
diff --git a/base_layer/tari_mining_helper_ffi/Cargo.toml b/base_layer/tari_mining_helper_ffi/Cargo.toml
index 237eeeb766..5b98b7e322 100644
--- a/base_layer/tari_mining_helper_ffi/Cargo.toml
+++ b/base_layer/tari_mining_helper_ffi/Cargo.toml
@@ -3,7 +3,7 @@ name = "tari_mining_helper_ffi"
 authors = ["The Tari Development Community"]
 description = "Tari cryptocurrency miningcore C FFI bindings"
 license = "BSD-3-Clause"
-version = "0.49.0-pre.2"
+version = "0.49.0-pre.3"
 edition = "2018"
 
 [dependencies]
diff --git a/base_layer/wallet/Cargo.toml b/base_layer/wallet/Cargo.toml
index 6610497942..d0f5d8ae63 100644
--- a/base_layer/wallet/Cargo.toml
+++ b/base_layer/wallet/Cargo.toml
@@ -3,7 +3,7 @@ name = "tari_wallet"
 authors = ["The Tari Development Community"]
 description = "Tari cryptocurrency wallet library"
 license = "BSD-3-Clause"
-version = "0.49.0-pre.2"
+version = "0.49.0-pre.3"
 edition = "2018"
 
 [dependencies]
diff --git a/base_layer/wallet_ffi/Cargo.toml b/base_layer/wallet_ffi/Cargo.toml
index d5ae9926b6..8bdc362019 100644
--- a/base_layer/wallet_ffi/Cargo.toml
+++ b/base_layer/wallet_ffi/Cargo.toml
@@ -3,7 +3,7 @@ name = "tari_wallet_ffi"
 authors = ["The Tari Development Community"]
 description = "Tari cryptocurrency wallet C FFI bindings"
 license = "BSD-3-Clause"
-version = "0.49.0-pre.2"
+version = "0.49.0-pre.3"
 edition = "2018"
 
 [dependencies]
diff --git a/changelog.md b/changelog.md
index 649240a81d..71b4b23b54 100644
--- a/changelog.md
+++ b/changelog.md
@@ -2,6 +2,14 @@
 
 All notable changes to this project will be documented in this file. See [standard-version](https://github.com/conventional-changelog/standard-version) for commit guidelines.
 
+## [0.49.0-pre.3](https://github.com/tari-project/tari/compare/v0.49.0-pre.2...v0.49.0-pre.3) (2023-03-20)
+
+
+### Bug Fixes
+
+* reduce warn log to debug in utxo scanner ([#5256](https://github.com/tari-project/tari/issues/5256)) ([3946641](https://github.com/tari-project/tari/commit/394664177dcbd05fdd43d54b3bd9f77bc52ecd88))
+* wallet sending local address out to network ([#5258](https://github.com/tari-project/tari/issues/5258)) ([6bfa6f9](https://github.com/tari-project/tari/commit/6bfa6f9fecdd594386ef07169d0e68777b3becd5))
+
 ## [0.49.0-pre.2](https://github.com/tari-project/tari/compare/v0.49.0-pre.1...v0.49.0-pre.2) (2023-03-16)
 
 
diff --git a/common/Cargo.toml b/common/Cargo.toml
index 07df00b042..b6b8f1db5c 100644
--- a/common/Cargo.toml
+++ b/common/Cargo.toml
@@ -6,7 +6,7 @@ repository = "https://github.com/tari-project/tari"
 homepage = "https://tari.com"
 readme = "README.md"
 license = "BSD-3-Clause"
-version = "0.49.0-pre.2"
+version = "0.49.0-pre.3"
 edition = "2018"
 
 [features]
diff --git a/common_sqlite/Cargo.toml b/common_sqlite/Cargo.toml
index 93be5fe4c9..6d992396e5 100644
--- a/common_sqlite/Cargo.toml
+++ b/common_sqlite/Cargo.toml
@@ -3,7 +3,7 @@ name = "tari_common_sqlite"
 authors = ["The Tari Development Community"]
 description = "Tari cryptocurrency wallet library"
 license = "BSD-3-Clause"
-version = "0.49.0-pre.2"
+version = "0.49.0-pre.3"
 edition = "2018"
 
 # See more keys and their definitions at https://doc.rust-lang.org/cargo/reference/manifest.html
diff --git a/comms/core/Cargo.toml b/comms/core/Cargo.toml
index ec38f8fc93..b4b5609aed 100644
--- a/comms/core/Cargo.toml
+++ b/comms/core/Cargo.toml
@@ -6,7 +6,7 @@ repository = "https://github.com/tari-project/tari"
 homepage = "https://tari.com"
 readme = "README.md"
 license = "BSD-3-Clause"
-version = "0.49.0-pre.2"
+version = "0.49.0-pre.3"
 edition = "2018"
 
 [dependencies]
diff --git a/comms/dht/Cargo.toml b/comms/dht/Cargo.toml
index 30d1bbcf2a..bd07fbb4eb 100644
--- a/comms/dht/Cargo.toml
+++ b/comms/dht/Cargo.toml
@@ -1,6 +1,6 @@
 [package]
 name = "tari_comms_dht"
-version = "0.49.0-pre.2"
+version = "0.49.0-pre.3"
 authors = ["The Tari Development Community"]
 description = "Tari comms DHT module"
 repository = "https://github.com/tari-project/tari"
diff --git a/comms/rpc_macros/Cargo.toml b/comms/rpc_macros/Cargo.toml
index 776571fabe..5f26f270f9 100644
--- a/comms/rpc_macros/Cargo.toml
+++ b/comms/rpc_macros/Cargo.toml
@@ -6,7 +6,7 @@ repository = "https://github.com/tari-project/tari"
 homepage = "https://tari.com"
 readme = "README.md"
 license = "BSD-3-Clause"
-version = "0.49.0-pre.2"
+version = "0.49.0-pre.3"
 edition = "2018"
 
 [lib]
diff --git a/infrastructure/derive/Cargo.toml b/infrastructure/derive/Cargo.toml
index 13da1c2561..440e2c5414 100644
--- a/infrastructure/derive/Cargo.toml
+++ b/infrastructure/derive/Cargo.toml
@@ -6,7 +6,7 @@ repository = "https://github.com/tari-project/tari"
 homepage = "https://tari.com"
 readme = "README.md"
 license = "BSD-3-Clause"
-version = "0.49.0-pre.2"
+version = "0.49.0-pre.3"
 edition = "2018"
 
 [lib]
diff --git a/infrastructure/shutdown/Cargo.toml b/infrastructure/shutdown/Cargo.toml
index 7da4caffbc..fa0bc6ce3d 100644
--- a/infrastructure/shutdown/Cargo.toml
+++ b/infrastructure/shutdown/Cargo.toml
@@ -6,7 +6,7 @@ repository = "https://github.com/tari-project/tari"
 homepage = "https://tari.com"
 readme = "README.md"
 license = "BSD-3-Clause"
-version = "0.49.0-pre.2"
+version = "0.49.0-pre.3"
 edition = "2018"
 
 # See more keys and their definitions at https://doc.rust-lang.org/cargo/reference/manifest.html
diff --git a/infrastructure/storage/Cargo.toml b/infrastructure/storage/Cargo.toml
index df917e5586..e0a49538b1 100644
--- a/infrastructure/storage/Cargo.toml
+++ b/infrastructure/storage/Cargo.toml
@@ -6,7 +6,7 @@ repository = "https://github.com/tari-project/tari"
 homepage = "https://tari.com"
 readme = "README.md"
 license = "BSD-3-Clause"
-version = "0.49.0-pre.2"
+version = "0.49.0-pre.3"
 edition = "2018"
 
 [dependencies]
diff --git a/infrastructure/test_utils/Cargo.toml b/infrastructure/test_utils/Cargo.toml
index c0b5234975..69efc83506 100644
--- a/infrastructure/test_utils/Cargo.toml
+++ b/infrastructure/test_utils/Cargo.toml
@@ -1,7 +1,7 @@
 [package]
 name = "tari_test_utils"
 description = "Utility functions used in Tari test functions"
-version = "0.49.0-pre.2"
+version = "0.49.0-pre.3"
 authors = ["The Tari Development Community"]
 edition = "2018"
 license = "BSD-3-Clause"
diff --git a/package-lock.json b/package-lock.json
index bbaadae2a3..a9dc859918 100644
--- a/package-lock.json
+++ b/package-lock.json
@@ -1,6 +1,6 @@
 {
   "name": "tari",
-  "version": "0.49.0-pre.2",
+  "version": "0.49.0-pre.3",
   "lockfileVersion": 2,
   "requires": true,
   "packages": {}