diff --git a/CMakeLists.txt b/CMakeLists.txt
index 3232612cd..3f9e2f1b3 100644
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -10,7 +10,7 @@ include(EthPolicy)
 eth_policy()
 
 # project name and version should be set after cmake_policy CMP0048
-set(PROJECT_VERSION "0.7.4")
+set(PROJECT_VERSION "0.7.5")
 # OSX target needed in order to support std::visit
 set(CMAKE_OSX_DEPLOYMENT_TARGET "10.14")
 project(solidity VERSION ${PROJECT_VERSION} LANGUAGES C CXX)
diff --git a/Changelog.md b/Changelog.md
index 6071e91fd..cd3806d18 100644
--- a/Changelog.md
+++ b/Changelog.md
@@ -1,3 +1,7 @@
+### 0.7.5 (unreleased)
+
+
+
 ### 0.7.4 (2020-10-19)
 
 Important Bugfixes: