diff --git a/CHANGELOG.md b/CHANGELOG.md
index d978606..21b7415 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,17 @@
 > This project uses [Break Versioning](https://github.com/ptaoussanis/encore/blob/master/BREAK-VERSIONING.md) as of **Aug 16, 2014**.
 
+## v2.12.0-beta3 / 2016 Jun 17
+
+```clojure
+[com.taoensso/nippy "2.12.0-beta3"]
+```
+
+> Changes since **2.12.0-beta2**:
+
+* **Hotfix**: `fn?`s were incorrectly reporting true for `serializable?`
+* **Hotfix**: *final-freeze-fallback* back compatibility was broken
+
+
 ## v2.12.0-beta2 / 2016 Jun 10
 
 ```clojure
diff --git a/README.md b/README.md
index 313f0f5..6ebad88 100644
--- a/README.md
+++ b/README.md
@@ -5,7 +5,7 @@
 
 ```clojure
 [com.taoensso/nippy "2.11.1"]       ; Stable
-[com.taoensso/nippy "2.12.0-beta2"] ; Dev (unstable), see CHANGELOG for details
+[com.taoensso/nippy "2.12.0-beta3"] ; Dev (unstable), see CHANGELOG for details
 ```
 
 Want to help [support taoensso/open-source]?
diff --git a/project.clj b/project.clj
index 107fbc9..23816c0 100644
--- a/project.clj
+++ b/project.clj
@@ -1,4 +1,4 @@
-(defproject com.taoensso/nippy "2.12.0-beta2"
+(defproject com.taoensso/nippy "2.12.0-beta3"
   :author "Peter Taoussanis <https://www.taoensso.com>"
   :description "High-performance serialization library for Clojure"
   :url "https://github.com/ptaoussanis/nippy"