diff --git a/CHANGELOG.md b/CHANGELOG.md
index 69a3614..f9a5d68 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -7,6 +7,12 @@ and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0
 
 ## [Unreleased]
 
+## [0.2.4] - 2023-12-25
+
+### Changed
+
+- Fixed issue where regularization parameters where not correctly reset after an update.
+
 ## [0.2.3] - 2023-09-14
 
 ### Changed
@@ -62,7 +68,8 @@ and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0
 
 Initial release of PIQP!
 
-[unreleased]: https://github.com/PREDICT-EPFL/piqp/compare/v0.2.3...HEAD
+[unreleased]: https://github.com/PREDICT-EPFL/piqp/compare/v0.2.4...HEAD
+[0.2.4]: https://github.com/PREDICT-EPFL/piqp/compare/v0.2.3...v0.2.4
 [0.2.3]: https://github.com/PREDICT-EPFL/piqp/compare/v0.2.2...v0.2.3
 [0.2.2]: https://github.com/PREDICT-EPFL/piqp/compare/v0.2.1...v0.2.2
 [0.2.1]: https://github.com/PREDICT-EPFL/piqp/compare/v0.2.0...v0.2.1
diff --git a/CMakeLists.txt b/CMakeLists.txt
index 403909c..27cfebb 100644
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -8,7 +8,7 @@
 cmake_minimum_required(VERSION 3.5)
 
 project(piqp
-    VERSION 0.2.3
+    VERSION 0.2.4
     LANGUAGES C CXX
 )
 
diff --git a/setup.py b/setup.py
index 05401a0..5dc5d8f 100644
--- a/setup.py
+++ b/setup.py
@@ -142,7 +142,7 @@ def build_extension(self, ext: CMakeExtension) -> None:
 
 setup(
     name="piqp",
-    version="0.2.3",
+    version="0.2.4",
     url='https://github.com/PREDICT-EPFL/piqp',
     author="Roland Schwan",
     author_email="roland.schwan@epfl.ch",