diff --git a/CHANGELOG.md b/CHANGELOG.md
index 04f4ea5a..c0ee1f6b 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -4,6 +4,11 @@ All notable changes to this project will be documented in this file.
 The format is based on [Keep a Changelog](http://keepachangelog.com/en/1.0.0/)
 and this project adheres to [Semantic Versioning](http://semver.org/spec/v2.0.0.html).
 
+## 0.4.2 - 2023-02-09
+
+### Fixed
+- Fix `idma_backend` instantiation in `dma_core_wrap` [#23](https://github.com/pulp-platform/iDMA/pull/23).
+
 ## 0.4.1 - 2023-02-08
 
 ### Fixed
diff --git a/VERSION b/VERSION
index 267577d4..2b7c5ae0 100644
--- a/VERSION
+++ b/VERSION
@@ -1 +1 @@
-0.4.1
+0.4.2