diff --git a/CHANGELOG.rst b/CHANGELOG.rst
index ff4bec00b4..81fb3fb64c 100644
--- a/CHANGELOG.rst
+++ b/CHANGELOG.rst
@@ -15,6 +15,13 @@ Change Log
 
 Unreleased
 ----------
+
+[4.8.12]
+--------
+
+* chore: update paragon npm dependency to move to the new @openedx scope.
+
+
 [4.8.11]
 --------
 feat: allow incomplete course learner transmissions till completion
diff --git a/enterprise/__init__.py b/enterprise/__init__.py
index 21c8fa1dd8..9da0570a94 100644
--- a/enterprise/__init__.py
+++ b/enterprise/__init__.py
@@ -2,4 +2,4 @@
 Your project description goes here.
 """
 
-__version__ = "4.8.11"
+__version__ = "4.8.12"