diff --git a/.version b/.version
index 643916c0..ba7f754d 100644
--- a/.version
+++ b/.version
@@ -1 +1 @@
-7.3.1
+7.4.0
diff --git a/CHANGELOG.latest.md b/CHANGELOG.latest.md
index d8c779e7..1038476b 100644
--- a/CHANGELOG.latest.md
+++ b/CHANGELOG.latest.md
@@ -1,16 +1,9 @@
+### New Features
+* `Trusted Entitlements`: add support for setting `EntitlementVerificationMode` (#678) via NachoSoto (@NachoSoto)
 ### Dependency Updates
-* Bump fastlane from 2.216.0 to 2.217.0 (#780) via dependabot[bot] (@dependabot[bot])
-* Bump danger from 9.3.2 to 9.4.0 (#779) via dependabot[bot] (@dependabot[bot])
-* [AUTOMATIC BUMP] Updates purchases-hybrid-common to 7.3.3 (#778) via RevenueCat Git Bot (@RCGitBot)
-  * [Android 7.2.3](https://github.com/RevenueCat/purchases-android/releases/tag/7.2.3)
-  * [Android 7.2.2](https://github.com/RevenueCat/purchases-android/releases/tag/7.2.2)
-  * [Android 7.2.1](https://github.com/RevenueCat/purchases-android/releases/tag/7.2.1)
-  * [iOS 4.30.5](https://github.com/RevenueCat/purchases-ios/releases/tag/4.30.5)
-  * [iOS 4.30.4](https://github.com/RevenueCat/purchases-ios/releases/tag/4.30.4)
-  * [iOS 4.30.3](https://github.com/RevenueCat/purchases-ios/releases/tag/4.30.3)
-* [AUTOMATIC BUMP] Updates purchases-hybrid-common to 7.3.2 (#776) via RevenueCat Git Bot (@RCGitBot)
-* [AUTOMATIC BUMP] Updates purchases-hybrid-common to 7.3.1 (#769) via RevenueCat Git Bot (@RCGitBot)
-
+* [AUTOMATIC BUMP] Updates purchases-hybrid-common to 8.0.0 (#790) via RevenueCat Git Bot (@RCGitBot)
+  * [Android 7.2.4](https://github.com/RevenueCat/purchases-android/releases/tag/7.2.4)
+* [AUTOMATIC BUMP] Updates purchases-hybrid-common to 7.4.0 (#785) via RevenueCat Git Bot (@RCGitBot)
+  * [Android 7.2.4](https://github.com/RevenueCat/purchases-android/releases/tag/7.2.4)
 ### Other Changes
-* Update `VERSIONS` with `4.6.3` (#774) via NachoSoto (@NachoSoto)
-* Update RevenueCat orb to 2.2.0 (#775) via Cesar de la Vega (@vegaro)
+* `CI`: disable `prepare-next-version` (#782) via NachoSoto (@NachoSoto)
diff --git a/CHANGELOG.md b/CHANGELOG.md
index 46256407..59d55610 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,3 +1,14 @@
+## 7.4.0
+### New Features
+* `Trusted Entitlements`: add support for setting `EntitlementVerificationMode` (#678) via NachoSoto (@NachoSoto)
+### Dependency Updates
+* [AUTOMATIC BUMP] Updates purchases-hybrid-common to 8.0.0 (#790) via RevenueCat Git Bot (@RCGitBot)
+  * [Android 7.2.4](https://github.com/RevenueCat/purchases-android/releases/tag/7.2.4)
+* [AUTOMATIC BUMP] Updates purchases-hybrid-common to 7.4.0 (#785) via RevenueCat Git Bot (@RCGitBot)
+  * [Android 7.2.4](https://github.com/RevenueCat/purchases-android/releases/tag/7.2.4)
+### Other Changes
+* `CI`: disable `prepare-next-version` (#782) via NachoSoto (@NachoSoto)
+
 ## 7.3.1
 ### Dependency Updates
 * Bump fastlane from 2.216.0 to 2.217.0 (#780) via dependabot[bot] (@dependabot[bot])
diff --git a/android/build.gradle b/android/build.gradle
index 989a759b..eecb5e16 100644
--- a/android/build.gradle
+++ b/android/build.gradle
@@ -29,7 +29,7 @@ android {
         minSdkVersion getExtOrIntegerDefault('minSdkVersion')
         targetSdkVersion getExtOrIntegerDefault('targetSdkVersion')
         versionCode 1
-        versionName '7.3.1'
+        versionName '7.4.0'
     }
 
     buildTypes {
diff --git a/android/src/main/java/com/revenuecat/purchases/react/RNPurchasesModule.java b/android/src/main/java/com/revenuecat/purchases/react/RNPurchasesModule.java
index 4299d1e5..818e6804 100644
--- a/android/src/main/java/com/revenuecat/purchases/react/RNPurchasesModule.java
+++ b/android/src/main/java/com/revenuecat/purchases/react/RNPurchasesModule.java
@@ -45,7 +45,7 @@ public class RNPurchasesModule extends ReactContextBaseJavaModule implements Upd
     private static final String CUSTOMER_INFO_UPDATED = "Purchases-CustomerInfoUpdated";
     private static final String LOG_HANDLER_EVENT = "Purchases-LogHandlerEvent";
     public static final String PLATFORM_NAME = "react-native";
-    public static final String PLUGIN_VERSION = "7.3.1";
+    public static final String PLUGIN_VERSION = "7.4.0";
 
     private final ReactApplicationContext reactContext;
 
diff --git a/ios/RNPurchases.m b/ios/RNPurchases.m
index 5fd657c1..7a645843 100644
--- a/ios/RNPurchases.m
+++ b/ios/RNPurchases.m
@@ -472,7 +472,7 @@ - (NSString *)platformFlavor {
 }
 
 - (NSString *)platformFlavorVersion {
-    return @"7.3.1";
+    return @"7.4.0";
 }
 
 @end
diff --git a/package.json b/package.json
index de1ecb23..8a4c3812 100644
--- a/package.json
+++ b/package.json
@@ -1,7 +1,7 @@
 {
   "name": "react-native-purchases",
   "title": "React Native Purchases",
-  "version": "7.3.1",
+  "version": "7.4.0",
   "description": "React Native in-app purchases and subscriptions made easy. Supports iOS and Android. ",
   "main": "dist/index.js",
   "types": "dist/index.d.ts",
diff --git a/scripts/docs/index.html b/scripts/docs/index.html
index c3ce9e48..8e805dcc 100644
--- a/scripts/docs/index.html
+++ b/scripts/docs/index.html
@@ -2,7 +2,7 @@
 <!DOCTYPE html>
 <html>
 <head>
-	<meta http-equiv="refresh" content="0; url=https://revenuecat.github.io/react-native-purchases-docs/7.3.1/" />
+	<meta http-equiv="refresh" content="0; url=https://revenuecat.github.io/react-native-purchases-docs/7.4.0/" />
 </head>
 <body>
 </body>