diff --git a/.changelog/v0.39.0/features/161-ibc-go-v8.md b/.changelog/v0.39.0/features/161-ibc-go-v8.md
new file mode 100644
index 00000000..79652714
--- /dev/null
+++ b/.changelog/v0.39.0/features/161-ibc-go-v8.md
@@ -0,0 +1,2 @@
+- Bump ibc-go to v8.0.0
+  ([\#161](https://github.com/cosmos/ibc-proto-rs/pull/161))
\ No newline at end of file
diff --git a/.changelog/v0.39.0/summary.md b/.changelog/v0.39.0/summary.md
new file mode 100644
index 00000000..1c9587f4
--- /dev/null
+++ b/.changelog/v0.39.0/summary.md
@@ -0,0 +1,4 @@
+*November 15th, 2023*
+
+This release updates the ibc-go version used for the ibc protos to version v8.0.0
+which contains the new messages `MsgRecoverClient` and `MsgIBCSoftwareUpgrade`.
diff --git a/CHANGELOG.md b/CHANGELOG.md
index 5417ff09..69ef118a 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,17 @@
 # CHANGELOG
 
+## v0.39.0
+
+*November 15th, 2023*
+
+This release updates the ibc-go version used for the ibc protos to version v8.0.0
+which contains the new messages `MsgRecoverClient` and `MsgIBCSoftwareUpgrade`.
+
+### FEATURES
+
+- Bump ibc-go to v8.0.0
+  ([\#161](https://github.com/cosmos/ibc-proto-rs/pull/161))
+
 ## v0.38.0
 
 *October 19th, 2023*
diff --git a/Cargo.toml b/Cargo.toml
index e4db5534..c338e700 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -1,6 +1,6 @@
 [package]
 name         = "ibc-proto"
-version      = "0.38.0"
+version      = "0.39.0"
 authors      = ["Informal Systems <hello@informal.systems>"]
 edition      = "2021"
 license      = "Apache-2.0"