diff --git a/CHANGELOG.md b/CHANGELOG.md
index be697d8784..c60a0052af 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -36,52 +36,13 @@ Ref: https://keepachangelog.com/en/1.0.0/
 
 # Changelog
 
-## [Unreleased](https://github.com/Finschia/finschia-sdk/compare/v0.48.1...HEAD)
+## [Unreleased](https://github.com/Finschia/finschia-sdk/compare/v0.49.0...HEAD)
 
 ### Features
-* (x/fswap) [\#1336](https://github.com/Finschia/finschia-sdk/pull/1336) Initialize fswap module
-* (x/fswap) [\#1339](https://github.com/Finschia/finschia-sdk/pull/1339) Implement fswap module's genesis
-* (x/fbridge) [\#1340](https://github.com/Finschia/finschia-sdk/pull/1340) Initialize fbridge module
-* (x/fbridge) [\#1347](https://github.com/Finschia/finschia-sdk/pull/1347) Implement bridge transfer feature (sending side)
-* (x/fbridge) [\#1351](https://github.com/Finschia/finschia-sdk/pull/1351) Map a sequence to block number for every bridge request (sending side)
-* (x/fswap) [\#1345](https://github.com/Finschia/finschia-sdk/pull/1345) Implement fswap's basic functionality(MsgSwap, MsgSwapAll, Query, Proposal)
-* (x/fbridge) [\#1360](https://github.com/Finschia/finschia-sdk/pull/1360) Add Role-based Access Control
 
 ### Improvements
-* (types) [\#1314](https://github.com/Finschia/finschia-sdk/pull/1314) replace IsEqual with Equal
-* (x/fswap) [\#1363](https://github.com/Finschia/finschia-sdk/pull/1363) introduce new event for MakeSwapProposal
-* (x/fbridge) [\#1366](https://github.com/Finschia/finschia-sdk/pull/1366) Set target denom as module parameters
-* (x/fbridge) [\#1369](https://github.com/Finschia/finschia-sdk/pull/1369) Add the event of `SetBridgeStatus`
-* (x/fswap) [\#1372](https://github.com/Finschia/finschia-sdk/pull/1372) support message based proposals
-* (x/fswap) [\#1387](https://github.com/Finschia/finschia-sdk/pull/1387) add new Swap query to get a single swap
-* (x/fswap) [\#1382](https://github.com/Finschia/finschia-sdk/pull/1382) add validation & unit tests in fswap module 
-* (x/fbridge) [\#1395](https://github.com/Finschia/finschia-sdk/pull/1395) Return error instead of panic for behaviors triggered by client
-* (x/fswap) [\#1396](https://github.com/Finschia/finschia-sdk/pull/1396) refactor to use snake_case in proto
-* (x/fswap) [\#1391](https://github.com/Finschia/finschia-sdk/pull/1391) add cli_test for fswap module
 
 ### Bug Fixes
-* (x/auth) [#1281](https://github.com/Finschia/finschia-sdk/pull/1281) `ModuleAccount.Validate` now reports a nil `.BaseAccount` instead of panicking. (backport #1274)
-* (x/foundation) [\#1283](https://github.com/Finschia/finschia-sdk/pull/1283) add init logic of foundation module accounts to InitGenesis in order to eliminate potential panic (backport #1277)
-* (x/collection) [\#1282](https://github.com/Finschia/finschia-sdk/pull/1282) eliminates potential risk for Insufficient Sanity Check of tokenID in Genesis (backport #1276)
-* (x/collection) [\#1290](https://github.com/Finschia/finschia-sdk/pull/1290) export x/collection params into genesis (backport #1268)
-* (x/foundation) [\#1295](https://github.com/Finschia/finschia-sdk/pull/1295) add missing error handling for migration
-* (sec) [\#1302](https://github.com/Finschia/finschia-sdk/pull/1302) remove map iteration non-determinism with keys + sorting
-* (client) [\#1303](https://github.com/Finschia/finschia-sdk/pull/1303) fix possible overflow in BuildUnsignedTx
-* (types) [\#1299](https://github.com/Finschia/finschia-sdk/pull/1299) add missing nil checks
-* (x/staking) [\#1301](https://github.com/Finschia/finschia-sdk/pull/1301) Use bytes instead of string comparison in delete validator queue (backport cosmos/cosmos-sdk#12303)
-* (client/keys) [#1312](https://github.com/Finschia/finschia-sdk/pull/1312) ignore error when key not found in `keys delete`
-* (store) [\#1310](https://github.com/Finschia/finschia-sdk/pull/1310) fix app-hash mismatch if upgrade migration commit is interrupted(backport cosmos/cosmos-sdk#13530)
-* (types) [\#1313](https://github.com/Finschia/finschia-sdk/pull/1313) fix correctly coalesce coins even with repeated denominations(backport cosmos/cosmos-sdk#13265)
-* (x/crypto) [\#1316](https://github.com/Finschia/finschia-sdk/pull/1316) error if incorrect ledger public key (backport cosmos/cosmos-sdk#14460, cosmos/cosmos-sdk#19691)
-* (x/auth) [#1319](https://github.com/Finschia/finschia-sdk/pull/1319) prevent signing from wrong key in multisig
-* (x/mint, x/slashing) [\#1323](https://github.com/Finschia/finschia-sdk/pull/1323) add missing nil check for params validation
-* (x/server) [\#1337](https://github.com/Finschia/finschia-sdk/pull/1337) fix panic when defining minimum gas config as `100stake;100uatom`. Use a `,` delimiter instead of `;`. Fixes the server config getter to use the correct delimiter (backport cosmos/cosmos-sdk#18537)
-* (x/fbridge) [\#1361](https://github.com/Finschia/finschia-sdk/pull/1361) Fixes fbridge auth checking bug
-* (x/fswap) [\#1365](https://github.com/Finschia/finschia-sdk/pull/1365) fix update swap keys for possibly overlapped keys(`(hello,world) should be different to (hel,loworld)`)
-* (x/fswap) [\#1379](https://github.com/Finschia/finschia-sdk/pull/1379) add missing router registration
-* (x/fswap, x/fbridge) [\#1380](https://github.com/Finschia/finschia-sdk/pull/1380) Fix bug where amino is not supported in fswap and fbridge (backport #1378)
-* (x/fswap) [\#1385](https://github.com/Finschia/finschia-sdk/pull/1385) add accidentally deleted event emissions(EventSetSwap, EventAddDenomMetadata)
-* (x/fswap) [\#1392](https://github.com/Finschia/finschia-sdk/pull/1392) fix dummy denom coin data for test in fswap
 
 ### Removed
 
@@ -92,8 +53,5 @@ Ref: https://keepachangelog.com/en/1.0.0/
 ### Event Breaking Changes
 
 ### Build, CI
-* (build) [#1298](https://github.com/Finschia/finschia-sdk/pull/1298) Set Finschia/ostracon version
 
 ### Document Updates
-* (x/token,collection) [#1201](https://github.com/Finschia/finschia-sdk/pull/1201) Deprecate legacy features on x/token,collection
-* (build) [\#1393](https://github.com/Finschia/finschia-sdk/pull/1393) add current directory as suffix for docker container
\ No newline at end of file
diff --git a/RELEASE_CHANGELOG.md b/RELEASE_CHANGELOG.md
index f8580f567d..88996a3f63 100644
--- a/RELEASE_CHANGELOG.md
+++ b/RELEASE_CHANGELOG.md
@@ -1,5 +1,60 @@
 # Changelog
 
+## [v0.49.0](https://github.com/Finschia/finschia-sdk/releases/tag/v0.49.0) - 2024-05-27
+
+### Features
+* (x/fswap) [\#1336](https://github.com/Finschia/finschia-sdk/pull/1336) Initialize fswap module
+* (x/fswap) [\#1339](https://github.com/Finschia/finschia-sdk/pull/1339) Implement fswap module's genesis
+* (x/fbridge) [\#1340](https://github.com/Finschia/finschia-sdk/pull/1340) Initialize fbridge module
+* (x/fbridge) [\#1347](https://github.com/Finschia/finschia-sdk/pull/1347) Implement bridge transfer feature (sending side)
+* (x/fbridge) [\#1351](https://github.com/Finschia/finschia-sdk/pull/1351) Map a sequence to block number for every bridge request (sending side)
+* (x/fswap) [\#1345](https://github.com/Finschia/finschia-sdk/pull/1345) Implement fswap's basic functionality(MsgSwap, MsgSwapAll, Query, Proposal)
+* (x/fbridge) [\#1360](https://github.com/Finschia/finschia-sdk/pull/1360) Add Role-based Access Control for bridge (backport #1358)
+
+### Improvements
+* (types) [\#1317](https://github.com/Finschia/finschia-sdk/pull/1317) replace IsEqual with Equal (backport #1314)
+* (x/fswap) [\#1364](https://github.com/Finschia/finschia-sdk/pull/1364) introduce new event for MakeSwapProposal (backport #1363)
+* (x/fbridge) [\#1368](https://github.com/Finschia/finschia-sdk/pull/1368) Set target denom as module parameters (backport #1366)
+* (x/fbridge) [\#1370](https://github.com/Finschia/finschia-sdk/pull/1370) Add the event of `SetBridgeStatus` (bacport #1369)
+* (x/fswap) [\#1373](https://github.com/Finschia/finschia-sdk/pull/1373) support message based proposals (backport #1372)
+* (x/fswap) [\#1389](https://github.com/Finschia/finschia-sdk/pull/1389) add new Swap query to get a single swap (backport #1387)
+* (x/fswap) [\#1390](https://github.com/Finschia/finschia-sdk/pull/1390) add validation & unit tests in fswap module (backport #1382)
+* (x/fbridge) [\#1400](https://github.com/Finschia/finschia-sdk/pull/1400) Return error instead of panic for behaviors triggered by client (backport #1395)
+* (x/fswap) [\#1397](https://github.com/Finschia/finschia-sdk/pull/1397) refactor to use snake_case in proto (backport #1396)
+* (x/fswap) [\#1399](https://github.com/Finschia/finschia-sdk/pull/1399) add cli_test for fswap module (backport #1391)
+
+### Bug Fixes
+* (x/auth) [\#1281](https://github.com/Finschia/finschia-sdk/pull/1281) `ModuleAccount.Validate` now reports a nil `.BaseAccount` instead of panicking. (backport #1274)
+* (x/foundation) [\#1283](https://github.com/Finschia/finschia-sdk/pull/1283) add init logic of foundation module accounts to InitGenesis in order to eliminate potential panic (backport #1277)
+* (x/collection) [\#1282](https://github.com/Finschia/finschia-sdk/pull/1282) eliminates potential risk for Insufficient Sanity Check of tokenID in Genesis (backport #1276)
+* (x/collection) [\#1290](https://github.com/Finschia/finschia-sdk/pull/1290) export x/collection params into genesis (backport #1268)
+* (x/foundation) [\#1295](https://github.com/Finschia/finschia-sdk/pull/1295) add missing error handling for migration
+* (sec) [\#1305](https://github.com/Finschia/finschia-sdk/pull/1305) remove map iteration non-determinism with keys + sorting (backport #1302)
+* (client) [\#1307](https://github.com/Finschia/finschia-sdk/pull/1307) fix possible overflow in BuildUnsignedTx (backport #1303)
+* (types) [\#1308](https://github.com/Finschia/finschia-sdk/pull/1308) add missing nil checks (backport #1299)
+* (x/staking) [\#1309](https://github.com/Finschia/finschia-sdk/pull/1309) Use bytes instead of string comparison in delete validator queue (backport cosmos/cosmos-sdk#12303) (backport #1301)
+* (client/keys) [\#1315](https://github.com/Finschia/finschia-sdk/pull/1315) ignore error when key not found in `keys delete` (backport #1312)
+* (store) [\#1318](https://github.com/Finschia/finschia-sdk/pull/1318) fix app-hash mismatch if upgrade migration commit is interrupted(backport cosmos/cosmos-sdk#13530) (backport #1310)
+* (types) [\#1320](https://github.com/Finschia/finschia-sdk/pull/1320) fix correctly coalesce coins even with repeated denominations(backport cosmos/cosmos-sdk#13265) (backport #1313)
+* (x/crypto) [\#1322](https://github.com/Finschia/finschia-sdk/pull/1322) error if incorrect ledger public key (backport cosmos/cosmos-sdk#14460, cosmos/cosmos-sdk#19691) (backport #1316)
+* (x/auth) [\#1324](https://github.com/Finschia/finschia-sdk/pull/1324) prevent signing from wrong key in multisig (backport #1319)
+* (x/mint, x/slashing) [\#1325](https://github.com/Finschia/finschia-sdk/pull/1325) add missing nil check for params validation (backport #1323)
+* (x/server) [\#1343](https://github.com/Finschia/finschia-sdk/pull/1343) fix panic when defining minimum gas config as `100stake;100uatom`. Use a `,` delimiter instead of `;`. Fixes the server config getter to use the correct delimiter (backport cosmos/cosmos-sdk#18537) (backport #1337)
+* (x/fbridge) [\#1362](https://github.com/Finschia/finschia-sdk/pull/1362) Fixes fbridge auth checking bug (backport #1361)
+* (x/fswap) [\#1367](https://github.com/Finschia/finschia-sdk/pull/1367) fix update swap keys for possibly overlapped keys(`(hello,world) should be different to (hel,loworld)`) (backport #1365)
+* (x/fswap) [\#1381](https://github.com/Finschia/finschia-sdk/pull/1381) add missing router registration (backport #1379)
+* (x/fswap, x/fbridge) [\#1380](https://github.com/Finschia/finschia-sdk/pull/1380) Fix bug where amino is not supported in fswap and fbridge (backport #1378)
+* (x/fswap) [\#1386](https://github.com/Finschia/finschia-sdk/pull/1386) add accidentally deleted event emissions(EventSetSwap, EventAddDenomMetadata) (backport #1385)
+* (x/fswap) [\#1398](https://github.com/Finschia/finschia-sdk/pull/1398) fix dummy denom coin data for test in fswap (backport #1392)
+
+### Build, CI
+* (build) [\#1298](https://github.com/Finschia/finschia-sdk/pull/1298) Set Finschia/ostracon version
+
+### Document Updates
+* (x/token,collection) [\#1202](https://github.com/Finschia/finschia-sdk/pull/1202) Deprecate legacy features on x/token,collection (backport #1201)
+* (build) [\#1402](https://github.com/Finschia/finschia-sdk/pull/1402) add current directory as suffix for docker container (backport #1393)
+
+
 ## [v0.48.1](https://github.com/Finschia/finschia-sdk/releases/tag/v0.48.1) - 2023-10-27
 
 ### Bug Fixes