diff --git a/CHANGELOG.md b/CHANGELOG.md
index c87caa3fa..a1291377f 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,11 @@
 # Changelog
 
+*August 26, 2021*
+
+## v3.0.1-croeseid
+This version is identical to the v3.0.0-croeseid, but updated the IBC dependency to 1.0.1 which contains a security patch
+and Tendermint was upgraded to 0.34.12.
+
 *August 13, 2021*
 
 ## v3.0.0-croeseid
@@ -7,8 +13,6 @@ This version is meant for the future testnet. It is based on IBC 1.0 and Cosmos
 contain several new features (such as the feegrant and authz modules), bug fixes (such as the vesting account bug fix)
 and breaking changes. For more details, please see the [Cosmos SDK](https://github.com/cosmos/cosmos-sdk/releases/tag/v0.43.0)
 and [ibc-go](https://github.com/cosmos/ibc-go/releases/tag/v1.0.0) release notes.
-*WARNING*: DO NOT upgrade to this binary on the existing testnets yet; instructions are going to be published later
-on https://crypto.org/docs/getting-started/.
 
 *August 6, 2021*
 
diff --git a/go.mod b/go.mod
index cd78e8194..2cb6ff229 100644
--- a/go.mod
+++ b/go.mod
@@ -5,7 +5,7 @@ go 1.16
 require (
 	github.com/confluentinc/bincover v0.1.0
 	github.com/cosmos/cosmos-sdk v0.43.0
-	github.com/cosmos/ibc-go v1.0.0
+	github.com/cosmos/ibc-go v1.0.1
 	github.com/cosmos/ledger-go v0.9.2 // indirect
 	github.com/gogo/protobuf v1.3.3
 	github.com/golang/protobuf v1.5.2
diff --git a/go.sum b/go.sum
index 88a407370..ab29ea690 100644
--- a/go.sum
+++ b/go.sum
@@ -170,8 +170,8 @@ github.com/cosmos/iavl v0.15.0-rc5/go.mod h1:WqoPL9yPTQ85QBMT45OOUzPxG/U/JcJoN7u
 github.com/cosmos/iavl v0.15.3/go.mod h1:OLjQiAQ4fGD2KDZooyJG9yz+p2ao2IAYSbke8mVvSA4=
 github.com/cosmos/iavl v0.16.0 h1:ICIOB8xysirTX27GmVAaoeSpeozzgSu9d49w36xkVJA=
 github.com/cosmos/iavl v0.16.0/go.mod h1:2A8O/Jz9YwtjqXMO0CjnnbTYEEaovE8jWcwrakH3PoE=
-github.com/cosmos/ibc-go v1.0.0 h1:RtIRERSENyApp6WK7Germ3/wq8xvHxfsqfW/Xh+CJ2o=
-github.com/cosmos/ibc-go v1.0.0/go.mod h1:2wHKQUa+BLJMEyN635KrHfmTTwSNHBtXcqdY8JWGuXA=
+github.com/cosmos/ibc-go v1.0.1 h1:3g2e4lghZea6Yrvj5PBViZrHdcEbG6iq7eulq3vsmxk=
+github.com/cosmos/ibc-go v1.0.1/go.mod h1:pfLnoW9yUdjSMw3rD0baIsqLBauVAlGFQ1zQ3HGK6J0=
 github.com/cosmos/ledger-go v0.9.2 h1:Nnao/dLwaVTk1Q5U9THldpUMMXU94BOTWPddSmVB6pI=
 github.com/cosmos/ledger-go v0.9.2/go.mod h1:oZJ2hHAZROdlHiwTg4t7kP+GKIIkBT+o6c9QWFanOyI=
 github.com/cpuguy83/go-md2man v1.0.10/go.mod h1:SmD6nW6nTyfqj6ABTjUi3V3JVMnlJmwcJI5acqYI6dE=
diff --git a/gomod2nix.toml b/gomod2nix.toml
index c73c10bd7..3db47ab33 100644
--- a/gomod2nix.toml
+++ b/gomod2nix.toml
@@ -709,12 +709,12 @@
     sha256 = "0cvgzjfbxhrada3h6lmcc9pvjjsbi3hz84cxj4xfjglddsm7virj"
 
 ["github.com/cosmos/ibc-go"]
-  sumVersion = "v1.0.0"
+  sumVersion = "v1.0.1"
   ["github.com/cosmos/ibc-go".fetch]
     type = "git"
     url = "https://github.com/cosmos/ibc-go"
-    rev = "e9f1dc2a4f8631749c72e48957848cab3eb10762"
-    sha256 = "1n0n5wvsqf9zy5dq7sgi96s8invvicdc14dkj90gri2a1djdcdai"
+    rev = "446797b77958996bf1f1d15205cb75a4dbe1f3fa"
+    sha256 = "1vyjk79c0hjigpjamc2xibgjlmrljrd1wpx2lj52j5biff46z5hk"
 
 ["github.com/cosmos/ledger-cosmos-go"]
   sumVersion = "v0.9.10-0.20200929055312-01e1d341de0f"