diff --git a/CHANGELOG.md b/CHANGELOG.md
index af954e9..0f56b3b 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -33,3 +33,9 @@
 - Update rustfmt version and source code format.
 - Mark select_coins_srd as public.
 - Minor code refactor and update to documentation.
+
+# 0.5.0 - 2024-07-19
+
+- Add WeightedUtxo trait replacing WeightedUtxo struct. 
+- Add check for overflow to SRD.
+- Correction to README parameter definitions.
diff --git a/Cargo.toml b/Cargo.toml
index b712e60..428aab7 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -7,7 +7,7 @@ homepage = "https://github.com/rust-bitcoin/rust-bitcoin-coin-selection/"
 license = "CC0-1.0"
 name = "bitcoin-coin-selection"
 repository = "https://github.com/rust-bitcoin/rust-bitcoin-coin-selection/"
-version = "0.4.1"
+version = "0.5.0"
 # documentation = "https://docs.rs/bitcoin-coin-selection/"
 description = "Libary providing utility functions to efficiently select a set of UTXOs."
 keywords = ["bitcoin", "coin-selection", "coin", "coinselection", "utxo"]