diff --git a/CHANGELOG.md b/CHANGELOG.md
index b5976747..70280cfd 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,10 @@
 ## Version History
 
+#### 1.2.4
+* Fix failing to detect `-m venv` when "python" is not provided by the distro by @native-api in https://github.com/pyenv/pyenv-virtualenv/pull/479
+* README: Remove dollar signs from commands that are meant to be copied by @galonsky in https://github.com/pyenv/pyenv-virtualenv/pull/481
+* Reflect pyenv-latest switch change in 2.4.8 by @native-api in https://github.com/pyenv/pyenv-virtualenv/pull/484
+
 #### 1.2.3
 * Fix: add `colorize` helper by @silverjam in https://github.com/pyenv/pyenv-virtualenv/pull/470
 * Bump pyenv-virtualenv reporting version to match release by @ushuz in https://github.com/pyenv/pyenv-virtualenv/pull/471
diff --git a/bin/pyenv-virtualenv b/bin/pyenv-virtualenv
index d30ffb4c..f3b0f1b2 100755
--- a/bin/pyenv-virtualenv
+++ b/bin/pyenv-virtualenv
@@ -13,7 +13,7 @@
 #   -u/--upgrade     Imply --force
 #
 
-PYENV_VIRTUALENV_VERSION="1.2.3"
+PYENV_VIRTUALENV_VERSION="1.2.4"
 
 set -e
 [ -n "$PYENV_DEBUG" ] && set -x