diff --git a/CHANGELOG.md b/CHANGELOG.md
index 2a44257672..4d42cb107a 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -22,17 +22,18 @@
 - Make system tests extendable for other app binaries [\#1503](https://github.com/CosmWasm/wasmd/pull/1503)
 - Build release + artifact on CI [\#1515](https://github.com/CosmWasm/wasmd/pull/1515)
 - Add/Remove addresses for code upload params [\#1493](https://github.com/CosmWasm/wasmd/pull/1493)
+- Bump SDK to v0.47.4 [\#1525](https://github.com/CosmWasm/wasmd/pull/1525)
 
 ### Notable changes:
 - Bump CometBFT to [v0.37.2](https://github.com/cometbft/cometbft/releases/tag/v0.37.2) because of security issues. See https://github.com/advisories/GHSA-w24w-wp77-qffm
-- Accept wasm data from state-sync as valid [\#1467](https://github.com/CosmWasm/wasmd/issues/1467)
-- Upgrade to wasmvm v1.3 [\#1296](https://github.com/CosmWasm/wasmd/issues/1296)
+- Support for new wasmvm v1.3.0 capabilities [\#1296](https://github.com/CosmWasm/wasmd/issues/1296)
 - Deprecate alias.go [\#1484](https://github.com/CosmWasm/wasmd/pull/1484)
 - Gov: support contracts that dynamically instantiate other contracts [\#1207](https://github.com/CosmWasm/wasmd/issues/1207)
 - Add/Remove addresses for code upload params [\#1493](https://github.com/CosmWasm/wasmd/pull/1493)
 
 ### Migration notes:
-- This release does not include any state migrations or breaking changes, therefore a coordinated chain upgrade is not required.
+- This release does not include any state migrations but breaking changes that require a coordinated chain upgrade.
+- This release contains an ibc-go version bump from v7.0.1 to v7.2.0. Please read the [migration guide](https://github.com/cosmos/ibc-go/blob/v7.2.0/docs/migrations/v7-to-v7_1.md) carefully.
 
 ## [v0.40.2](https://github.com/CosmWasm/wasmd/tree/v0.40.2) (2023-06-09)