diff --git a/CHANGELOG.md b/CHANGELOG.md
index 24b78cb0..5710423e 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,3 +1,49 @@
+# 1.2.1
+
+This update improves the functionality and developer experience of using ConnectKit and moves the peer dependency wagmi up a version to `0.11.x`.
+This update does not yet include support for WalletConnect 2.0 (wagmi `0.12.x`)
+
+> **Note**
+>
+> This version of wagmi has breaking changes. Make sure your application is compatible by following [wagmi's migration guide](https://wagmi.sh/react/migration-guide#011x-breaking-changes).
+
+## New
+
+- Update peer dependency wagmi to version `0.11.x` (thanks [Songkeys](https://github.com/Songkeys)).
+- Add new `pt-BR` translations (thanks [LuwkasLima](https://github.com/luwkaslima)).
+- Include new `hideBalance` option to hide the wallet balance from the profile view.
+- Include new `enforceSupportedChains` option to disable the forced network switching UX when connected to an unsupported chain.
+- Include new `disableSiweRedirect` option to disable the redirect to the SIWE page when a wallet connects.
+- Include new functions from the `useModal` Hook to choose a page to navigate to on open.
+  - The `openSIWE()` function accepts a boolean, if `true` it will initiate the wallet SIWE signing request at the same time as opening the modal.
+- Add logos for the following chains:
+  - Optimism Goerli
+  - Telos + Testnet
+  - Aurora + Testnet
+  - Avalanche + Fuji Testnet
+  - Foundry
+  - Gnosis
+  - Evmos + Testnet
+  - BNB Smart Chain + Testnet
+  - Sepolia
+  - Taraxa + Testnet
+  - zkSync + Testnet
+  - Celo + Alfajores Testnet
+  - Canto
+  - Fantom + Testnet
+  - Filecoin + Hyperspace + Calibration Testnets
+  - Flare + Coston2 testnet
+  - Metis + Testnet
+  - IoTeX + Testnet
+
+## Improved
+
+- Update testbench for better developer experience.
+- Improve logic for `isConnecting` within the Custom `ConnectKitButton`.
+- Replace `getGlobalChains` with `useChains` Hook
+- Tidy up some internal component structure and include a few useful dev updates (thanks [pugson](https://github.com/pugson)).
+- Export `useIsMounted` and `Context` (thanks [shahruz](https://github.com/shahruz)).
+
 # 1.2.0
 
 This update improves the functionality and developer experience of using ConnectKit with Sign In With Ethereum.
@@ -59,17 +105,17 @@ This does not yet include support for WalletConnect 2.0.
 
 This update moves the peer dependency [wagmi](https://wagmi.sh) up to the latest version (`0.9.x`).
 
-{% note %}
-This version of wagmi has breaking changes. Make sure your application is compatible by following [wagmi's migration guide](https://wagmi.sh/react/migration-guide#09x-breaking-changes).
-{% endnote %}
+> **Note**
+>
+> This version of wagmi has breaking changes. Make sure your application is compatible by following [wagmi's migration guide](https://wagmi.sh/react/migration-guide#09x-breaking-changes).
 
 # 1.1.0
 
 This update moves the peer dependency wagmi up to the latest version (`0.8.x`).
 
-{% note %}
-This version of ConnectKit has breaking changes. Make sure your application is compatible by following the [migration guide](https://docs.family.co/connectkit/migration-guide#110-breaking-changes).
-{% endnote %}
+> **Note**
+>
+> This version of ConnectKit has breaking changes. Make sure your application is compatible by following the [migration guide](https://docs.family.co/connectkit/migration-guide#110-breaking-changes).
 
 ## New
 
diff --git a/packages/connectkit/package.json b/packages/connectkit/package.json
index ae50e9a0..9c934d32 100644
--- a/packages/connectkit/package.json
+++ b/packages/connectkit/package.json
@@ -1,6 +1,6 @@
 {
   "name": "connectkit",
-  "version": "1.2.0",
+  "version": "1.2.1",
   "author": "Family",
   "homepage": "https://docs.family.co/connectkit",
   "license": "BSD-2-Clause license",
diff --git a/packages/cra-template/template.json b/packages/cra-template/template.json
index 8843fece..40afb01d 100644
--- a/packages/cra-template/template.json
+++ b/packages/cra-template/template.json
@@ -8,7 +8,7 @@
       "@types/node": "^16.7.13",
       "@types/react": "^18.0.0",
       "@types/react-dom": "^18.0.0",
-      "connectkit": "^1.2.0",
+      "connectkit": "^1.2.1",
       "ethers": "^5.6.5",
       "typescript": "^4.9.5",
       "wagmi": "^0.11.2",