diff --git a/VERSION b/VERSION
index 59e9e604..bb83058e 100644
--- a/VERSION
+++ b/VERSION
@@ -1 +1 @@
-1.0.11
+1.0.12
diff --git a/docker-compose.yaml b/docker-compose.yaml
index 312f0a9c..5f38a2c3 100644
--- a/docker-compose.yaml
+++ b/docker-compose.yaml
@@ -1,6 +1,6 @@
 services:
   mindsdb:
-    image: mindsdb/mindsdb:v24.7.3.0
+    image: mindsdb/mindsdb:v24.7.4.0
     ports:
       - "47334:47334"
       - "47335:47335"