diff --git a/Cargo.lock b/Cargo.lock
index 4c5558fa..1241614b 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -1140,7 +1140,7 @@ dependencies = [
 
 [[package]]
 name = "magic-wormhole"
-version = "0.3.1"
+version = "0.4.0"
 dependencies = [
  "async-io",
  "async-std 1.11.0 (registry+https://github.com/rust-lang/crates.io-index)",
@@ -2414,7 +2414,7 @@ dependencies = [
 
 [[package]]
 name = "wormhole-rs"
-version = "0.3.0"
+version = "0.4.0"
 dependencies = [
  "async-std 1.11.0 (git+https://github.com/async-rs/async-std)",
  "clap",
diff --git a/Cargo.toml b/Cargo.toml
index 2012094b..555e5a51 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -1,6 +1,6 @@
 [package]
 name = "magic-wormhole"
-version = "0.3.1"
+version = "0.4.0"
 authors = [
     "piegames <info@piegames.de>",
     "Brian Warner <warner@lothar.com>"
diff --git a/changelog.md b/changelog.md
index b0dcb40b..8e3494dc 100644
--- a/changelog.md
+++ b/changelog.md
@@ -2,15 +2,18 @@
 
 ## Unreleased
 
-- When sending, the code will now aumatically be copied into clipboard. So you don't have to select it in the terminal anymore before pasting!
-
-## Version 0.3.1
+## Version 0.4.0
 
+- When sending, the code will now aumatically be copied into clipboard. So you don't have to select it in the terminal anymore before pasting!
 - Added `--force-relay` and `--force-direct` CLI flags that control the transit connection
 	- The feature is also exposed in the API
 - Updated a lot of dependencies
 - Split the project into a workspace and feature gated some higher level protocols. This should now work way better on crates.io (and generally for library usage)
 
+## Version 0.3.1
+
+*yanked, changes moved to 0.4.0*
+
 ## Version 0.3.0
 
 - Added experimental port forwarding feature
diff --git a/cli/Cargo.toml b/cli/Cargo.toml
index 9fba17ea..f46e4e71 100644
--- a/cli/Cargo.toml
+++ b/cli/Cargo.toml
@@ -1,6 +1,6 @@
 [package]
 name = "wormhole-rs"
-version = "0.3.1"
+version = "0.4.0"
 edition = "2021"
 
 [dependencies]