diff --git a/CHANGELOG.md b/CHANGELOG.md
index 2ecd0baf8b..8b6a97bf55 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -36,11 +36,18 @@ Ref: https://keepachangelog.com/en/1.0.0/
 
 ## [Unreleased]
 
-- [#1447](https://github.com/cosmos/gaia/pull/1447) Support custom message types to bypass minimum fee checks for.
+* (gaia) bump [cosmos-sdk](https://github.com/cosmos/cosmos-sdk) to [v0.45.4](https://github.com/cosmos/cosmos-sdk/releases/tag/v0.45.4). See [CHANGELOG.md](https://github.com/cosmos/cosmos-sdk/blob/v0.45.4/CHANGELOG.md#v0454---2022-04-25) for details.
+* (gaia) [#1447](https://github.com/cosmos/gaia/pull/1447) Support custom message types to bypass minimum fee checks for.
   If a transaction contains only bypassed message types, the transaction will not have minimum fee
   checks performed during `CheckTx`. Operators can supply these message types via the `bypass-min-fee-msg-types`
   configuration in `app.toml`. Note, by default they include various IBC message types.
 
+## [v7.0.1] -2022-04-13
+
+* (gaia) bump [cosmos-sdk](https://github.com/cosmos/cosmos-sdk) to [v0.45.3](https://github.com/cosmos/cosmos-sdk/releases/tag/v0.45.3). See [CHANGELOG.md](https://github.com/cosmos/cosmos-sdk/blob/v0.45.3/CHANGELOG.md#v0453---2022-04-12) for details.
+* (gaia) bump [tendermint](https://github.com/tendermint/tendermint) to [0.34.19](https://github.com/tendermint/tendermint/tree/v0.34.19). See [CHANGELOG.md](https://github.com/tendermint/tendermint/blob/v0.34.19/CHANGELOG.md#v03419) for details.
+* (gaia) bump [tm-db](https://github.com/tendermint/tm-db) to [v0.6.7](https://github.com/tendermint/tm-db/tree/v0.6.7). See [CHANGELOG.md](https://github.com/tendermint/tm-db/blob/v0.6.7/CHANGELOG.md#067) for details.
+
 ## [v7.0.0] - 2022-03-24
 
 - (gaia) bump [cosmos-sdk](https://github.com/cosmos/cosmos-sdk) to [v0.45.1](https://github.com/cosmos/cosmos-sdk/releases/tag/v0.45.1). See [CHANGELOG.md](https://github.com/cosmos/cosmos-sdk/blob/v0.45.1/CHANGELOG.md#v0451---2022-02-03) for details.
@@ -422,7 +429,8 @@ See the [Tendermint v0.34.7 SDK changelog](https://github.com/tendermint/tenderm
 
 <!-- Release links -->
 
-[Unreleased]: https://github.com/cosmos/gaia/compare/v7.0.1...HEAD
+[Unreleased]: https://github.com/cosmos/gaia/compare/v7.0.2...HEAD
+[v7.0.1]: https://github.com/cosmos/gaia/releases/tag/v7.0.1
 [v7.0.0]: https://github.com/cosmos/gaia/releases/tag/v7.0.0
 [v6.0.4]: https://github.com/cosmos/gaia/releases/tag/v6.0.4
 [v6.0.3]: https://github.com/cosmos/gaia/releases/tag/v6.0.3
diff --git a/go.mod b/go.mod
index fa35aa9ff5..292e8836ec 100644
--- a/go.mod
+++ b/go.mod
@@ -3,7 +3,7 @@ module github.com/cosmos/gaia/v7
 go 1.17
 
 require (
-	github.com/cosmos/cosmos-sdk v0.45.3
+	github.com/cosmos/cosmos-sdk v0.45.4
 	github.com/cosmos/go-bip39 v1.0.0
 	github.com/cosmos/ibc-go/v3 v3.0.0
 	github.com/golangci/golangci-lint v1.45.2
diff --git a/go.sum b/go.sum
index c86b111d58..810ac592c7 100644
--- a/go.sum
+++ b/go.sum
@@ -274,8 +274,8 @@ github.com/coreos/pkg v0.0.0-20180928190104-399ea9e2e55f/go.mod h1:E3G3o1h8I7cfc
 github.com/cosmos/btcutil v1.0.4 h1:n7C2ngKXo7UC9gNyMNLbzqz7Asuf+7Qv4gnX/rOdQ44=
 github.com/cosmos/btcutil v1.0.4/go.mod h1:Ffqc8Hn6TJUdDgHBwIZLtrLQC1KdJ9jGJl/TvgUaxbU=
 github.com/cosmos/cosmos-sdk v0.45.1/go.mod h1:XXS/asyCqWNWkx2rW6pSuen+EVcpAFxq6khrhnZgHaQ=
-github.com/cosmos/cosmos-sdk v0.45.3 h1:PiVSU3IkNEDPhoxOZHk2lPnhwBBJgEYAtAR0jGXRN4g=
-github.com/cosmos/cosmos-sdk v0.45.3/go.mod h1:qYm5JEr0ZlbnmoP/Q3b+dYMOliHf4ddHirpILiwZzqg=
+github.com/cosmos/cosmos-sdk v0.45.4 h1:eStDAhJdMY8n5arbBRe+OwpNeBSunxSBHp1g55ulfdA=
+github.com/cosmos/cosmos-sdk v0.45.4/go.mod h1:WOqtDxN3eCCmnYLVla10xG7lEXkFjpTaqm2a2WasgCc=
 github.com/cosmos/go-bip39 v0.0.0-20180819234021-555e2067c45d/go.mod h1:tSxLoYXyBmiFeKpvmq4dzayMdCjCnu8uqmCysIGBT2Y=
 github.com/cosmos/go-bip39 v1.0.0 h1:pcomnQdrdH22njcAatO0yWojsUnCO3y2tNoV1cb6hHY=
 github.com/cosmos/go-bip39 v1.0.0/go.mod h1:RNJv0H/pOIVgxw6KS7QeX2a0Uo0aKUlfhZ4xuwvCdJw=