diff --git a/CHANGELOG.md b/CHANGELOG.md
index cc483a75909e..7235d0e59f78 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -38,6 +38,8 @@ Ref: https://keepachangelog.com/en/1.0.0/
 
 ## [Unreleased]
 
+## [v0.50.7](https://github.com/cosmos/cosmos-sdk/releases/tag/v0.50.7) - 2024-06-04
+
 ### Improvements
 
 * (debug) [#20328](https://github.com/cosmos/cosmos-sdk/pull/20328) Add consensus address for debug cmd.
@@ -48,9 +50,10 @@ Ref: https://keepachangelog.com/en/1.0.0/
 ### Bug Fixes
 
 * (baseapp) [#20346](https://github.com/cosmos/cosmos-sdk/pull/20346) Correctly assign `execModeSimulate` to context for `simulateTx`.
-* (baseapp) [#20144](https://github.com/cosmos/cosmos-sdk/pull/20144) Remove txs from mempool when antehandler fails in recheck.
+* (baseapp) [#20144](https://github.com/cosmos/cosmos-sdk/pull/20144) Remove txs from mempool when AnteHandler fails in recheck.
 * (baseapp) [#20107](https://github.com/cosmos/cosmos-sdk/pull/20107) Avoid header height overwrite block height.
 * (cli) [#20020](https://github.com/cosmos/cosmos-sdk/pull/20020) Make bootstrap-state command support both new and legacy genesis format.
+* (testutil/sims) [#20151](https://github.com/cosmos/cosmos-sdk/pull/20151) Set all signatures and don't overwrite the previous one in `GenSignedMockTx`.
 
 ## [v0.50.6](https://github.com/cosmos/cosmos-sdk/releases/tag/v0.50.6) - 2024-04-22
 
diff --git a/RELEASE_NOTES.md b/RELEASE_NOTES.md
index bdb1c0d02ae9..de11d596e1cf 100644
--- a/RELEASE_NOTES.md
+++ b/RELEASE_NOTES.md
@@ -1,19 +1,21 @@
-# Cosmos SDK v0.50.6 Release Notes
+# Cosmos SDK v0.50.7 Release Notes
 
 💬 [**Release Discussion**](https://github.com/orgs/cosmos/discussions/58)
 
 ## 🚀 Highlights
 
-For this month patch release of the v0.50.x line, a few features and improvements were added to the SDK.
+For this month patch release of the v0.50.x line, a few improvements were added to the SDK and some bugs were fixed.
 
 Notably, we added and fixed the following:
 
-* Add start customizability to start command options. Customize how an application starts with the new `StartCommandHandler` field in `server.StartCmdOptions` struct.
-* Fixing [GHSA-4j93-fm92-rp4m](https://github.com/cosmos/cosmos-sdk/security/advisories/GHSA-4j93-fm92-rp4m) in `x/feegrant` and `x/authz` modules. The upgrade instuctions were provided in the [v0.50.4 release notes](https://github.com/cosmos/cosmos-sdk/releases/tag/v0.50.4).
+* Add extra checks in x/consensus `MsgUpdateParams` to prevent footguns when updating the consensus parameters.
+    * Forgetting a field in a x/consensus parameter change gov proposal could lead to a chain halt.
+    * The fix is in theory consensus breaking, but in practice, it is only a footgun prevention (the path only triggers if the proposal was executed and was invalid). Please ensure that all validators are on v0.50.7 before the execution of a `x/consensus` params update proposal.
+* Remove txs from the mempool when they fail in RecheckTX
 
 ## 📝 Changelog
 
-Check out the [changelog](https://github.com/cosmos/cosmos-sdk/blob/v0.50.6/CHANGELOG.md) for an exhaustive list of changes, or [compare changes](https://github.com/cosmos/cosmos-sdk/compare/release/v0.50.5...v0.50.6) from the last release.
+Check out the [changelog](https://github.com/cosmos/cosmos-sdk/blob/v0.50.7/CHANGELOG.md) for an exhaustive list of changes, or [compare changes](https://github.com/cosmos/cosmos-sdk/compare/release/v0.50.6...v0.50.7) from the last release.
 
 Refer to the [upgrading guide](https://github.com/cosmos/cosmos-sdk/blob/release/v0.50.x/UPGRADING.md) when migrating from `v0.47.x` to `v0.50.1`.
 Note, that the next SDK release, v0.51, will not include `x/params` migration, when migrating from < v0.47, v0.50.x **or** v0.47.x, is a mandatory migration.
diff --git a/x/upgrade/CHANGELOG.md b/x/upgrade/CHANGELOG.md
index 1a7eb14bab5f..21cb063d4578 100644
--- a/x/upgrade/CHANGELOG.md
+++ b/x/upgrade/CHANGELOG.md
@@ -25,6 +25,11 @@ Ref: https://keepachangelog.com/en/1.0.0/
 
 ## [Unreleased]
 
+## [v0.1.3](https://github.com/cosmos/cosmos-sdk/releases/tag/x/upgrade/v0.1.3) - 2024-06-04
+
+* (deps) [#20530](https://github.com/cosmos/cosmos-sdk/pull/20530) Bump vulnerable `github.com/hashicorp/go-getter` to v1.7.4.
+    * In theory, we do not need a new release for this, but we are doing it as `x/upgrade` is used in Cosmovisor.
+
 ## [v0.1.2](https://github.com/cosmos/cosmos-sdk/releases/tag/x/upgrade/v0.1.2) - 2024-04-22
 
 ### Improvements