diff --git a/README.md b/README.md
index 4802a8d..0204845 100644
--- a/README.md
+++ b/README.md
@@ -25,12 +25,11 @@ If your model requires dependencies, add a `smithy-build.json` file to the root
 repositories where they can be located.
 ```
 {
-    {
+    "version": "1.0",
     "maven": {
-      "dependencies": ["software.amazon.smithy:smithy-aws-traits:1.28.1"],
-      "repositories": [{ "url": "https://repo1.maven.org/maven2/" }]
+        "dependencies": ["software.amazon.smithy:smithy-aws-traits:1.40.0"],
+        "repositories": [{ "url": "https://repo1.maven.org/maven2/" }]
     }
-  }
 }
 ```
 Start authoring your Smithy model. Opening a `*.smithy` file will activate
@@ -54,6 +53,12 @@ for more details.
 
 ## Release Notes
 
+### 0.5.4 - 2023-11-09
+
+- Added configuration for LspLog file. [#82](https://github.com/smithy-lang/smithy-vscode/pull/82)
+- Added smithy-build.json JSON Schema. [#76](https://github.com/smithy-lang/smithy-vscode/pull/76)
+- Fixed grammar for apply statement. [#76](https://github.com/smithy-lang/smithy-vscode/pull/75)
+
 ### 0.5.3 - 2023-03-17
 
 - Added model formatting via Smithy Language Server 0.2.3. [#67](https://github.com/awslabs/smithy-vscode/pull/67)
diff --git a/package.json b/package.json
index d7c7882..8b8f323 100644
--- a/package.json
+++ b/package.json
@@ -2,7 +2,7 @@
   "name": "smithy-vscode-extension",
   "displayName": "Smithy",
   "description": "Smithy IDL Language Extension",
-  "version": "0.5.3",
+  "version": "0.5.4",
   "icon": "images/smithy.png",
   "publisher": "smithy",
   "engines": {