diff --git a/.github/workflows/release.yml b/.github/workflows/release.yml
index af45f3b56e91..3c8d06fc0e4c 100644
--- a/.github/workflows/release.yml
+++ b/.github/workflows/release.yml
@@ -1,51 +1,51 @@
-name: Release
-# This workflow helps with creating releases.
-# This job will only be triggered when a tag (vX.X.x) is pushed
-on:
-  push:
-    # Sequence of patterns matched against refs/tags
-    tags:
-      - "v[0-9]+.[0-9]+.[0-9]+" # Push events to matching v*, i.e. v1.0, v20.15.10
+# name: Release
+# # This workflow helps with creating releases.
+# # This job will only be triggered when a tag (vX.X.x) is pushed
+# on:
+#   push:
+#     # Sequence of patterns matched against refs/tags
+#     # tags:
+#       # - "v[0-9]+.[0-9]+.[0-9]+" # Push events to matching v*, i.e. v1.0, v20.15.10
 
-permissions:
-  contents: read
+# permissions:
+#   contents: read
 
-jobs:
-  release:
-    permissions:
-      contents: write # for goreleaser/goreleaser-action to create a GitHub release
-    runs-on: ubuntu-latest
-    steps:
-      - uses: actions/checkout@v3
-      - name: Install Go
-        uses: actions/setup-go@v4
-        with:
-          go-version: "1.21"
-          check-latest: true
-      - name: Unshallow
-        run: git fetch --prune --unshallow
-      - name: Create release
-        uses: goreleaser/goreleaser-action@v3
-        with:
-          args: release --rm-dist --release-notes ./RELEASE_NOTES.md
-        env:
-          GITHUB_TOKEN: ${{ secrets.GITHUB_TOKEN }}
+# jobs:
+#   release:
+#     permissions:
+#       contents: write # for goreleaser/goreleaser-action to create a GitHub release
+#     runs-on: ubuntu-latest
+#     steps:
+#       - uses: actions/checkout@v4
+#       - name: Install Go
+#         uses: actions/setup-go@v4
+#         with:
+#           go-version: "1.21"
+#           check-latest: true
+#       - name: Unshallow
+#         run: git fetch --prune --unshallow
+#       - name: Create release
+#         uses: goreleaser/goreleaser-action@v3
+#         with:
+#           args: release --rm-dist --release-notes ./RELEASE_NOTES.md
+#         env:
+#           GITHUB_TOKEN: ${{ secrets.GITHUB_TOKEN }}
 
-  release-success:
-    needs: release
-    if: ${{ success() }}
-    runs-on: ubuntu-latest
-    steps:
-      - name: Notify Slack on success
-        uses: rtCamp/action-slack-notify@v2.2.0
-        env:
-          SLACK_WEBHOOK: ${{ secrets.SLACK_WEBHOOK }}
-          SLACK_CHANNEL: cosmos-tech
-          SLACK_USERNAME: Cosmos SDK Release Bot
-          SLACK_ICON: https://avatars.githubusercontent.com/t/5997665?size=64
-          SLACK_COLOR: good
-          SLACK_TITLE: "Cosmos SDK ${{ github.ref_name }} is tagged :tada:"
-          SLACK_MESSAGE: "@channel :point_right: https://github.com/cosmos/cosmos-sdk/releases/tag/${{ github.ref_name }}"
-          SLACK_FOOTER: ""
-          SLACK_LINK_NAMES: true
-          MSG_MINIMAL: true
+#   release-success:
+#     needs: release
+#     if: ${{ success() }}
+#     runs-on: ubuntu-latest
+#     steps:
+#       - name: Notify Slack on success
+#         uses: rtCamp/action-slack-notify@v2.2.1
+#         env:
+#           SLACK_WEBHOOK: ${{ secrets.SLACK_WEBHOOK }}
+#           SLACK_CHANNEL: cosmos-tech
+#           SLACK_USERNAME: Cosmos SDK Release Bot
+#           SLACK_ICON: https://avatars.githubusercontent.com/t/5997665?size=64
+#           SLACK_COLOR: good
+#           SLACK_TITLE: "Cosmos SDK ${{ github.ref_name }} is tagged :tada:"
+#           SLACK_MESSAGE: "@channel :point_right: https://github.com/cosmos/cosmos-sdk/releases/tag/${{ github.ref_name }}"
+#           SLACK_FOOTER: ""
+#           SLACK_LINK_NAMES: true
+#           MSG_MINIMAL: true
diff --git a/CHANGELOG.md b/CHANGELOG.md
index 399cec82376d..33dde57ce276 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -38,7 +38,9 @@ Ref: https://keepachangelog.com/en/1.0.0/
 
 ## [Unreleased]
 
-## [v0.50.0](https://github.com/cosmos/cosmos-sdk/releases/tag/v0.50.0) - 2023-11-07
+## [v0.50.1](https://github.com/cosmos/cosmos-sdk/releases/tag/v0.50.1) - 2023-11-07
+
+> v0.50.0 has been retracted due to a mistake in tagging the release. Please use v0.50.1 instead.
 
 ### Features
 
diff --git a/RELEASE_NOTES.md b/RELEASE_NOTES.md
index 622b47c76188..8774015267fc 100644
--- a/RELEASE_NOTES.md
+++ b/RELEASE_NOTES.md
@@ -1,8 +1,8 @@
-# Cosmos SDK v0.50.0 Release Notes
+# Cosmos SDK v0.50.1 Release Notes
 
-✨ [**Official Release Announcenment**](https://blog.cosmos.network)
+✨ [**Official Release Announcement**](https://blog.cosmos.network)
 
-💬 [**Release Discussion**](https://github.com/cosmos/community)
+💬 [**Release Discussion**](https://github.com/orgs/cosmos/discussions/58)
 
 ## 🚀 Highlights
 
diff --git a/go.mod b/go.mod
index 24a67593077f..d5f0a801e143 100644
--- a/go.mod
+++ b/go.mod
@@ -183,6 +183,8 @@ replace (
 )
 
 retract (
+	// false start by tagging the wrong branch
+	v0.50.0
 	// revert fix https://github.com/cosmos/cosmos-sdk/pull/16331
 	v0.46.12
 	// subject to a bug in the group module and gov module migration