diff --git a/CHANGELOG.md b/CHANGELOG.md
index 642631ba6c..8ee3756ad3 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,7 +1,12 @@
+2024-01-08 v24.1.1
+==================
+
+Nimbus `v24.1.1` is a hotfix addressing a problem introduced in the `v24.1.0` release. Nimbus was crashing immediately after being connected to an execution layer node which is not fully synced. All users of `v24.1.0` are advised to upgrade at their earliest convenience.
+
 2024-01-04 v24.1.0
 ==================
 
-Nimbus `v24.1.0` is a low-urgency upgrade bringing full support for the upcoming Cancun-Deneb hard-fork on the Goerli testnet and introducing the `/eth/v3/validator/blocks/{slot}` Beacon API end-point that greatly simplifies the implementation of profit-optimising validator clients.
+Nimbus `v24.1.0` is a `low-urgency` upgrade bringing full support for the upcoming Cancun-Deneb hard-fork on the Goerli testnet and introducing the `/eth/v3/validator/blocks/{slot}` Beacon API end-point that greatly simplifies the implementation of profit-optimising validator clients.
 
 ### Improvements
 
diff --git a/beacon_chain/version.nim b/beacon_chain/version.nim
index c2d4b8b24d..8dce22309b 100644
--- a/beacon_chain/version.nim
+++ b/beacon_chain/version.nim
@@ -18,7 +18,7 @@ const
 
   versionMajor* = 24
   versionMinor* = 1
-  versionBuild* = 0
+  versionBuild* = 1
 
   versionBlob* = "stateofus" # Single word - ends up in the default graffiti