diff --git a/CHANGELOG.md b/CHANGELOG.md
index e266c607..adc3f38d 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -3,13 +3,8 @@ Change Log
 
 v0.5.0
 ------
-- TODO: Refactor LNP/BP Core library into client-side-validation library with
-  `core`, `bp` and (future) `mw`. Move ElGamal, Bech32 and tagged hash into 
-  `core`
-- TODO: Refactor single-use-seals; finalize API
-- TODO: Move `chain` to BP Core library
-- Finalized string representation for bitcoin seals data
-- Removed unused `seals::tx_graph` API
+- Refactoring of the library into utilitary one with all BP-specific modules
+  moved to BO Core and client-side-validation libraries.
 
 v0.4.0
 ------
diff --git a/Cargo.lock b/Cargo.lock
index 126af4c8..3cf20122 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -348,7 +348,7 @@ checksum = "7fb9b38af92608140b86b693604b9ffcc5824240a484d1ecd4795bacb2fe88f3"
 
 [[package]]
 name = "lnpbp"
-version = "0.5.0-beta.3"
+version = "0.5.0"
 dependencies = [
  "amplify",
  "base58",
diff --git a/Cargo.toml b/Cargo.toml
index 81124ad3..52db7cfa 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -1,6 +1,6 @@
 [package]
 name = "lnpbp"
-version = "0.5.0-beta.3"
+version = "0.5.0"
 license = "MIT"
 authors = ["Dr. Maxim Orlovsky <orlovsky@pandoracore.com>"]
 description = "LNP/BP Core Library implementing LNPBP specifications & standards"