diff --git a/changelog.txt b/changelog.txt
index 7385f203c..7c4decb0c 100644
--- a/changelog.txt
+++ b/changelog.txt
@@ -1,3 +1,9 @@
+Kaspad v0.12.4 - 2022-07-17
+===========================
+
+* Crucial fix for the UTXO difference mechanism (#2114)
+* Implement multi-layer auto-compound (#2115, #2117)
+
 Kaspad v0.12.3 - 2022-06-29
 ===========================
 
diff --git a/version/version.go b/version/version.go
index 6a434d25d..61ee5cc3a 100644
--- a/version/version.go
+++ b/version/version.go
@@ -11,7 +11,7 @@ const validCharacters = "0123456789ABCDEFGHIJKLMNOPQRSTUVWXYZabcdefghijklmnopqrs
 const (
 	appMajor uint = 0
 	appMinor uint = 12
-	appPatch uint = 3
+	appPatch uint = 4
 )
 
 // appBuild is defined as a variable so it can be overridden during the build