diff --git a/spiffe/CHANGELOG.md b/spiffe/CHANGELOG.md
index b823561..4cd9d08 100644
--- a/spiffe/CHANGELOG.md
+++ b/spiffe/CHANGELOG.md
@@ -1,5 +1,13 @@
 # Changelog
 
+## [0.5.0] - 2024-03-07
+
+### Dependencies updates
+
+- Updated `prost``prost-types`, and `prost-build` to "0.12" (#73)
+- Updated `tonic` and `tonic-build` to "0.11" (#73)
+- Updated `x509-parser` to "0.16" (#73)
+
 ## [0.4.0] - 2023-08-23
 
 ### Added
diff --git a/spiffe/Cargo.toml b/spiffe/Cargo.toml
index b443d34..9ba89a8 100644
--- a/spiffe/Cargo.toml
+++ b/spiffe/Cargo.toml
@@ -4,7 +4,7 @@ name = "spiffe"
 # When releasing to crates.io:
 # - Update CHANGELOG.md.
 # - Create a new tag
-version = "0.4.0"
+version = "0.5.0"
 authors = ["Max Lambrecht <maxlambrecht@gmail.com>"]
 description = "Rust client library implementation for SPIFFE"
 license = "Apache-2.0"
diff --git a/spiffe/README.md b/spiffe/README.md
index a677a20..a1ec57b 100644
--- a/spiffe/README.md
+++ b/spiffe/README.md
@@ -14,7 +14,7 @@ client (`workload-api`) by default:
 
 ```toml
 [dependencies]
-spiffe = "0.4.0"
+spiffe = "0.5.0"
 ```
 
 ## Examples of Usage