diff --git a/CHANGELOG.md b/CHANGELOG.md
index bdb3e1c6d..3184eb8bc 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,14 @@
 # Changelog
 
+## v0.33.7
+
+*August 4, 2020*
+
+### BUG FIXES:
+
+- [go] Build release binary using Go 1.14.4, to avoid halt caused by Go 1.14.1 (https://github.com/golang/go/issues/38223)
+- [privval] [\#5140](https://github.com/tendermint/tendermint/pull/5140) `RemoteSignerError` from remote signers are no longer retried (@melekes)
+
 ## v0.33.6
 
 *July 2, 2020*
diff --git a/CHANGELOG_PENDING.md b/CHANGELOG_PENDING.md
index ca710ba8c..fd11672d7 100644
--- a/CHANGELOG_PENDING.md
+++ b/CHANGELOG_PENDING.md
@@ -1,4 +1,4 @@
-## v0.33.7
+## v0.33.8
 
 
 \*\*
diff --git a/version/version.go b/version/version.go
index 06012e15f..f394a2446 100644
--- a/version/version.go
+++ b/version/version.go
@@ -21,7 +21,7 @@ const (
 	// XXX: Don't change the name of this variable or you will break
 	// automation :)
 
-	TMCoreSemVer = "0.33.6"
+	TMCoreSemVer = "0.33.7"
 
 	// ABCISemVer is the semantic version of the ABCI library
 	ABCISemVer  = "0.16.2"