diff --git a/CHANGELOG.md b/CHANGELOG.md
index 603b184..1d16823 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,3 +1,7 @@
+# 0.7.1
+
+* Few bug fixes and base image update.
+
 # 0.7.0
 
 **We would like to thank all GSoC applicants for their contribution to this project during the application period!**
diff --git a/release_bot/version.py b/release_bot/version.py
index a71c5c7..f0788a8 100644
--- a/release_bot/version.py
+++ b/release_bot/version.py
@@ -1 +1 @@
-__version__ = '0.7.0'
+__version__ = '0.7.1'