diff --git a/CHANGELOG.md b/CHANGELOG.md
index b8d419cf..3c1e2467 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,12 @@
 # Changelog
 
+## [2.16.0-develop.4](https://github.com/cheqd/credential-service/compare/2.16.0-develop.3...2.16.0-develop.4) (2024-01-16)
+
+
+### Bug Fixes
+
+* Fix for update did [DEV-3494] ([#472](https://github.com/cheqd/credential-service/issues/472)) ([8a7682e](https://github.com/cheqd/credential-service/commit/8a7682e49960ab14c58f8363f1afd88dae3cb843))
+
 ## [2.16.0-develop.3](https://github.com/cheqd/credential-service/compare/2.16.0-develop.2...2.16.0-develop.3) (2024-01-16)
 
 
diff --git a/package.json b/package.json
index 7f0033c3..4c22c9bc 100644
--- a/package.json
+++ b/package.json
@@ -1,6 +1,6 @@
 {
 	"name": "@cheqd/credential-service",
-	"version": "2.16.0-develop.3",
+	"version": "2.16.0-develop.4",
 	"description": "cheqd Credential Service Backend",
 	"source": "src/index.ts",
 	"main": "dist/index.js",