diff --git a/CHANGELOG.md b/CHANGELOG.md
index d79fb8670..437b7970d 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,28 @@
 # Changelog
 
+## v0.29.1
+
+*January 24, 2019*
+
+Special thanks to external contributors on this release:
+@infinytum, @gauthamzz
+
+This release contains two important fixes: one for p2p layer where we sometimes
+were not closing connections and one for consensus layer where consensus with
+no empty blocks (`create_empty_blocks = false`) could halt.
+
+Friendly reminder, we have a [bug bounty
+program](https://hackerone.com/tendermint).
+
+### IMPROVEMENTS:
+- [pex] [\#3037](https://github.com/tendermint/tendermint/issues/3037) Only log "Reached max attempts to dial" once
+- [rpc] [\#3159](https://github.com/tendermint/tendermint/issues/3159) Expose
+  `triggered_timeout_commit` in the `/dump_consensus_state`
+
+### BUG FIXES:
+- [consensus] [\#3199](https://github.com/tendermint/tendermint/issues/3199) Fix consensus halt with no empty blocks from not resetting triggeredTimeoutCommit
+- [p2p] [\#2967](https://github.com/tendermint/tendermint/issues/2967) Fix file descriptor leak
+
 ## v0.29.0
 
 *January 21, 2019*
diff --git a/CHANGELOG_PENDING.md b/CHANGELOG_PENDING.md
index 98acd282c..06b2ec52c 100644
--- a/CHANGELOG_PENDING.md
+++ b/CHANGELOG_PENDING.md
@@ -19,7 +19,5 @@ Special thanks to external contributors on this release:
 ### FEATURES:
 
 ### IMPROVEMENTS:
-- [pex] \#3037 only log "Reached max attempts to dial" once
 
 ### BUG FIXES:
-- [p2p] \#2967 Fix file descriptor leaks
diff --git a/version/version.go b/version/version.go
index 87d81c6f7..9d05afe64 100644
--- a/version/version.go
+++ b/version/version.go
@@ -18,7 +18,7 @@ const (
 	// TMCoreSemVer is the current version of Tendermint Core.
 	// It's the Semantic Version of the software.
 	// Must be a string because scripts like dist.sh read this file.
-	TMCoreSemVer = "0.29.0"
+	TMCoreSemVer = "0.29.1"
 
 	// ABCISemVer is the semantic version of the ABCI library
 	ABCISemVer  = "0.15.0"