diff --git a/CHANGELOG.md b/CHANGELOG.md
index be6cad4..23c43b9 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,3 +1,9 @@
+# Changelog
+
+## v0.5.0 (2021-12-06)
+
+* Switch to tokio 1.x and hyper 0.14.x and update the remaining dependencies
+
 ## v0.4.0 (2020-07-08)
 
 * Switch to the latest hyper/tokio/futures
diff --git a/Cargo.toml b/Cargo.toml
index cfddf64..c286c48 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -1,6 +1,6 @@
 [package]
 name = "slog-loggly"
-version = "0.4.0"
+version = "0.5.0"
 edition = "2018"
 authors = ["Angelcam, Inc."]
 license = "MIT/Apache-2.0"
diff --git a/README.md b/README.md
index f07ae03..346664f 100644
--- a/README.md
+++ b/README.md
@@ -17,7 +17,7 @@ This is an unofficial Loggly drain for the slog logging infrastructure in Rust.
 Add the following dependency into your Cargo.toml:
 
 ```
-slog-loggly = "0.4"
+slog-loggly = "0.5"
 ```
 
 See the `examples` directory and the [documentation](https://docs.rs/slog-loggly/) for usage examples.