diff --git a/sdk/azidentity/CHANGELOG.md b/sdk/azidentity/CHANGELOG.md
index ef36b8b579..cf728fe4b8 100644
--- a/sdk/azidentity/CHANGELOG.md
+++ b/sdk/azidentity/CHANGELOG.md
@@ -1,6 +1,6 @@
 # Release History
 
-## 1.7.0-beta.2 (Unreleased)
+## 1.8.0-beta.1 (Unreleased)
 
 ### Features Added
 
@@ -10,6 +10,16 @@
 
 ### Other Changes
 
+## 1.7.0 (2024-06-20)
+
+### Features Added
+* `AzurePipelinesCredential` authenticates an Azure Pipelines service connection with
+  workload identity federation
+
+### Breaking Changes
+> These changes affect only code written against a beta version such as v1.7.0-beta.1
+* Removed the persistent token caching API. It will return in v1.8.0-beta.1
+
 ## 1.7.0-beta.1 (2024-06-10)
 
 ### Features Added
diff --git a/sdk/azidentity/version.go b/sdk/azidentity/version.go
index be4aa6c41e..079aea318a 100644
--- a/sdk/azidentity/version.go
+++ b/sdk/azidentity/version.go
@@ -14,5 +14,5 @@ const (
 	module = "github.com/Azure/azure-sdk-for-go/sdk/" + component
 
 	// Version is the semantic version (see http://semver.org) of this module.
-	version = "v1.7.0-beta.2"
+	version = "v1.8.0-beta.1"
 )