diff --git a/CHANGELOG.md b/CHANGELOG.md
index 790de67..922709c 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,10 +1,10 @@
 # Changelog
 
-## Unreleased
+## v0.3.1 (2024-03-05)
 
 ### Bug fixes
 
-- Fix `to` address trimmed zeros in transaction encoder with unified hex encoding for transaction
+- Fix trimmed zeros in transaction encoder with unified hex encoding for transaction
 
 ## v0.3.0 (2024-02-05)
 
diff --git a/README.md b/README.md
index 0854898..5ceeb6d 100644
--- a/README.md
+++ b/README.md
@@ -23,7 +23,7 @@ dependencies in your `mix.exs` file:
 ```elixir
 def deps do
   [
-    {:ethers, "~> 0.3.0"},
+    {:ethers, "~> 0.3.1"},
     # Uncomment next line if you want to use local signers
     # {:ex_secp256k1, "~> 0.7.2"}
   ]
diff --git a/mix.exs b/mix.exs
index e0a7efa..7c9ebff 100644
--- a/mix.exs
+++ b/mix.exs
@@ -1,7 +1,7 @@
 defmodule Ethers.MixProject do
   use Mix.Project
 
-  @version "0.3.0"
+  @version "0.3.1"
   @source_url "https://github.com/alisinabh/elixir_ethers"
 
   def project do