diff --git a/CHANGELOG.md b/CHANGELOG.md
index 3e101e13..7b54c24b 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -27,7 +27,9 @@
 
 ## Unreleased
 
-## 0.5.4 - in progress
+- Nothing yet
+
+## 0.5.4 - 2025-05-25
 - Fixed javadoc for `DPUJoint`, `DVector` and `DWorld` [#155](https://github.com/tzaeschke/ode4j/pull/154)
 - Fixed exception when colliding DConvex with DTrimeshHeightfield [#152](https://github.com/tzaeschke/ode4j/issues/152)
 - Improved javadoc for `DContact` and `DCapsule` (AustinHoover) [#150](https://github.com/tzaeschke/ode4j/pull/149)
diff --git a/README.md b/README.md
index c986d3fa..2959025f 100644
--- a/README.md
+++ b/README.md
@@ -9,8 +9,8 @@ ODE is an open source, high performance library for simulating rigid body dynami
 and platform independent with an easy to use C/C++ API. It has advanced joint types and integrated collision detection
 with friction. ODE is useful for simulating vehicles, objects in virtual reality environments and virtual creatures.
 
-The latest released version of ode4j is 0.5.3, but the master branch may contain fixes and improvements. Release 0.5.0
-contains all changes up to ODE 0.16.3.
+The latest released version of ode4j is 0.5.4, but the master branch may contain fixes and improvements. Release 0.5.4
+contains all changes up to ODE 0.16.6.
 
 Resources
  
@@ -37,12 +37,20 @@ are [not included](https://github.com/tzaeschke/ode4j/wiki/Maven-HOWTO)):
 <dependency>
     <groupId>org.ode4j</groupId>
     <artifactId>core</artifactId>
-    <version>0.5.3</version>
+    <version>0.5.4</version>
 </dependency>
 ```
 
 ## News
 
+2025-05-25: Release 0.5.4:
+
+* Port fixes from ODE 0.16.4-0.16.6
+* Fixed instability in quick-step
+* Fixed exception in collision of `DConvex` with `DTrimeshHeightfield`
+* Added move convenience methods to `DVector3` for pairwise multiplication and division
+  (Hadamard operations)
+
 2024-04-28: Release 0.5.3:
 
 * Bug fix for possible INTERNAL ERROR in DLCP/FastSolver + some minor improvements