diff --git a/CHANGELOG.md b/CHANGELOG.md
index e5d1b7543f..4461184410 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,3 +1,9 @@
+2023-11-06 v23.10.1
+===================
+
+Nimbus `v23.10.1` is a `low-urgency` hotfix release addressing a peer scoring issue introduced in the `v23.10.0` release. The issue manifests under specific network circumstances as a buildup of gossip topics with a low number of peers. Affected users are advised to upgrade at their earliest convenience.
+
+
 2023-10-17 v23.10.0
 ===================
 
diff --git a/beacon_chain/version.nim b/beacon_chain/version.nim
index 9691bc30d6..434d792b46 100644
--- a/beacon_chain/version.nim
+++ b/beacon_chain/version.nim
@@ -18,7 +18,7 @@ const
 
   versionMajor* = 23
   versionMinor* = 10
-  versionBuild* = 0
+  versionBuild* = 1
 
   versionBlob* = "stateofus" # Single word - ends up in the default graffiti