diff --git a/CHANGELOG.md b/CHANGELOG.md
index 677cebb4e..035d464cf 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,11 @@
 # Changelog
 
+## 0.4.1 (April 26, 2017)
+
+BUG FIXES:
+
+- Fix bug in `basecoin unsafe_reset_X` where the `priv_validator.json` was not being reset
+
 ## 0.4.0 (April 21, 2017)
 
 BREAKING CHANGES:
diff --git a/version/version.go b/version/version.go
index ae549d083..382282305 100644
--- a/version/version.go
+++ b/version/version.go
@@ -2,6 +2,6 @@ package version
 
 const Maj = "0"
 const Min = "4"
-const Fix = "0"
+const Fix = "1"
 
-const Version = Maj + "." + Min + "." + Fix
+const Version = "0.4.1"