diff --git a/CHANGELOG.md b/CHANGELOG.md
index 037ec79..c830ee5 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,18 @@
 # Changelog
 
+## [1.2.0](https://github.com/miracum/vfps/compare/v1.1.3...v1.2.0) (2023-03-26)
+
+
+### Features
+
+* declaratively create namespaces at startup via config ([#52](https://github.com/miracum/vfps/issues/52)) ([2e684ca](https://github.com/miracum/vfps/commit/2e684cab1621f17c447d8c4827c0531f8ad7bb10))
+
+
+### Miscellaneous Chores
+
+* **deps:** update docker.io/bitnami/kubectl:1.24.8 docker digest to 9c1bd1f ([#48](https://github.com/miracum/vfps/issues/48)) ([778e92e](https://github.com/miracum/vfps/commit/778e92e1186894590a1f748f2f4603a8adc9152c))
+* **deps:** update docker.io/library/postgres:15.1 docker digest to 026a193 ([#49](https://github.com/miracum/vfps/issues/49)) ([c52ab22](https://github.com/miracum/vfps/commit/c52ab2246bd59cec6eb7929be2b9705407e07fd7))
+
 ## [1.1.3](https://github.com/miracum/vfps/compare/v1.1.2...v1.1.3) (2022-12-07)
 
 
diff --git a/README.md b/README.md
index 1b6a779..64b2283 100644
--- a/README.md
+++ b/README.md
@@ -419,7 +419,7 @@ the packages page on GitHub: <https://github.com/miracum/vfps/pkgs/container/vfp
 <!-- x-release-please-start-version -->
 
 ```sh
-IMAGE_DIGEST=$(crane digest ghcr.io/miracum/vfps:v1.1.3)
+IMAGE_DIGEST=$(crane digest ghcr.io/miracum/vfps:v1.2.0)
 ```
 
 <!-- x-release-please-end -->
diff --git a/docker-compose.yaml b/docker-compose.yaml
index 37532fd..e122554 100644
--- a/docker-compose.yaml
+++ b/docker-compose.yaml
@@ -40,7 +40,7 @@ services:
       - "127.0.0.1:16686:16686"
 
   vfps:
-    image: ghcr.io/miracum/vfps:${VFPS_IMAGE_TAG:-v1.1.3} # x-release-please-version
+    image: ghcr.io/miracum/vfps:${VFPS_IMAGE_TAG:-v1.2.0} # x-release-please-version
     restart: unless-stopped
     deploy:
       resources:
diff --git a/src/Directory.Build.props b/src/Directory.Build.props
index 523ccac..8135cc2 100644
--- a/src/Directory.Build.props
+++ b/src/Directory.Build.props
@@ -7,7 +7,7 @@
         <AnalysisLevel>latest</AnalysisLevel>
         <EnforceCodeStyleInBuild>true</EnforceCodeStyleInBuild>
 
-        <Version>1.1.3</Version> <!-- x-release-please-version -->
+        <Version>1.2.0</Version> <!-- x-release-please-version -->
         <Company>miracum.org</Company>
         <Description>A very fast and resource-efficient pseudonym service.</Description>
         <Copyright>© miracum.org. All rights reserved.</Copyright>