diff --git a/CHANGELOG.md b/CHANGELOG.md
index 0a08d08..e43c718 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -21,6 +21,8 @@ The following emojis are used to highlight certain changes:
 
 ### Fixed
 
+- Rainbow no longer initializes Bitswap server by default, restoring behavior from v1.0.0.
+
 ### Security
 
 ## [v1.2.1]
diff --git a/version.json b/version.json
index 5199c1f..736a14c 100644
--- a/version.json
+++ b/version.json
@@ -1,3 +1,3 @@
 {
-  "version": "v1.2.1"
+  "version": "v1.2.2"
 }