diff --git a/README.rst b/README.rst
index 7761e23..52cecb4 100644
--- a/README.rst
+++ b/README.rst
@@ -127,6 +127,21 @@ Roadmap
 ChangeLog
 =========
 
+Version 1.0.7
+-------------
+
+Improvements to proxy handling and peer discovery
+
+* background async proxy detection loop.  Removes responsibility for
+  proxy detection and maintenance from the peer manager.
+* peer discovery waits for an initial proxy detection attempt to complete
+  before starting
+* new feature: flag to force peer discovery to happen via the proxy.
+  This might be useful for someone exlusively running a Tor service
+  that doesn't want to reveal its IP address.  See **FORCE_PROXY** in
+  `docs/ENVIRONMENT.rst`_ for details and caveats.
+* other minor fixes and tweaks
+
 Version 1.0.6
 -------------
 
diff --git a/server/version.py b/server/version.py
index 4243935..a99169f 100644
--- a/server/version.py
+++ b/server/version.py
@@ -1,5 +1,5 @@
 # Server name and protocol versions
 
-VERSION = 'ElectrumX 1.0.6'
+VERSION = 'ElectrumX 1.0.7'
 PROTOCOL_MIN = '1.0'
 PROTOCOL_MAX = '1.0'