diff --git a/CHANGELOG.md b/CHANGELOG.md
index 73b6b2b4..0297487a 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -5,6 +5,10 @@ All notable changes to this project will be documented in this file.
 The format is partly based on [Keep a Changelog](https://keepachangelog.com/en/1.0.0/),
 and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0.html) and [PEP 440](https://peps.python.org/pep-0440/)
 
+## [3.1.0] - 2024-03-25
+- fix: ensure compatibility with Pydantic version 2.0 (#509)
+- feat: introduce --headless flag to enable an alternative login mechanism that bypasses the need for a local web server. (#508)
+
 ## [3.0.1] - 2024-01-19
 - fix: add back the license legacy cmd (#498)
 - perf: unpin authlib and remove jwt
diff --git a/safety/VERSION b/safety/VERSION
index cb2b00e4..fd2a0186 100644
--- a/safety/VERSION
+++ b/safety/VERSION
@@ -1 +1 @@
-3.0.1
+3.1.0