diff --git a/CHANGELOG.md b/CHANGELOG.md
index 1f44148ef..816abe2e3 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -6,8 +6,17 @@ and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0
 
 ## [Unreleased]
 
-### New features
-* dhcp: Updated DHCP client to respect lease times provided by the server.
+- Update `managed` from 0.7 to 0.8 ([442](https://github.com/smoltcp-rs/smoltcp/pull/442))
+
+## [0.7.1] - 2021-03-28
+
+- ndisc: Fix NeighborSolicit incorrectly asking for src addr instead of dst addr ([419](https://github.com/smoltcp-rs/smoltcp/pull/419))
+- dhcpv4: respect lease time from the server instead of renewing every 60 seconds. ([437](https://github.com/smoltcp-rs/smoltcp/pull/437))
+- Fix build errors due to invalid combinations of features ([416](https://github.com/smoltcp-rs/smoltcp/pull/416), [447](https://github.com/smoltcp-rs/smoltcp/pull/447))
+- wire/ipv4: make some functions const ([420](https://github.com/smoltcp-rs/smoltcp/pull/420))
+- phy: fix BPF on OpenBSD ([421](https://github.com/smoltcp-rs/smoltcp/pull/421), [427](https://github.com/smoltcp-rs/smoltcp/pull/427))
+- phy: enable RawSocket, TapInterface on Android ([435](https://github.com/smoltcp-rs/smoltcp/pull/435))
+- phy: fix phy_wait for waits longer than 1 second ([449](https://github.com/smoltcp-rs/smoltcp/pull/449))
 
 ## [0.7.0] - 2021-01-20
 
@@ -48,4 +57,5 @@ only processed when directed to the 255.255.255.255 address. ([377](https://gith
 - Simplify lifetime parameters of sockets, SocketSet, EthernetInterface ([410](https://github.com/smoltcp-rs/smoltcp/pull/410), [413](https://github.com/smoltcp-rs/smoltcp/pull/413))
 
 [Unreleased]: https://github.com/smoltcp-rs/smoltcp/compare/v0.7.0...HEAD
+[0.7.1]: https://github.com/smoltcp-rs/smoltcp/compare/v0.7.0...v0.7.1
 [0.7.0]: https://github.com/smoltcp-rs/smoltcp/compare/v0.6.0...v0.7.0
diff --git a/Cargo.toml b/Cargo.toml
index e615f88f4..0d77a8efe 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -1,6 +1,6 @@
 [package]
 name = "smoltcp"
-version = "0.7.0"
+version = "0.7.1"
 edition = "2018"
 authors = ["whitequark <whitequark@whitequark.org>"]
 description = "A TCP/IP stack designed for bare-metal, real-time systems without a heap."