diff --git a/CHANGELOG.md b/CHANGELOG.md
index 43974a6..b493877 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -2,6 +2,11 @@
 
 All notable changes to this project will be documented in this file.
 
+## [1.0.7] - 2024-09-05
+
+### Fixed
+- Fixed the broken link to the **Contributing** section in the `README.md` file.
+
 ## [1.0.6] - 2024-09-05
 
 ### Added
diff --git a/README.md b/README.md
index 36399da..83ded05 100644
--- a/README.md
+++ b/README.md
@@ -33,7 +33,7 @@ For detailed installation instructions, please refer to the [Installation Guide]
 For detailed documentation and usage instructions, visit the [LorenzCycleToolkit Documentation](https://daniloceano.github.io/LorenzCycleToolkit/).
 
 ## Contributing
-Contributions are welcome! Please see the [contributing guide](CONTRIBUTING.md) for more details.
+Contributions are welcome! Please see the [contributing guide](https://daniloceano.github.io/LorenzCycleToolkit/contributing) for more details.
 
 ### Continuous Integration and Deployment
 
diff --git a/setup.py b/setup.py
index c3823fe..38e6e17 100644
--- a/setup.py
+++ b/setup.py
@@ -13,7 +13,7 @@ def read_requirements():
 
 setup(
     name='LorenzCycleToolkit',
-    version='1.0.6',
+    version='1.0.7',
     packages=find_packages(),
     include_package_data=True,
     install_requires=read_requirements(),