diff --git a/CHANGELOG.md b/CHANGELOG.md
index 8a4c102f1..46acfba6a 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,3 +1,11 @@
+<a name="3.2.0"></a>
+# [3.2.0](https://github.com/jeduan/cordova-plugin-facebook4/releases/tag/v3.2.0)
+
+## Features
+
+* **iOS:** Update Facebook iOS SDK v4.38.1 ([#725](https://github.com/jeduan/cordova-plugin-facebook4/issues/725) | [Facebook iOS SDK changelog](https://developers.facebook.com/docs/ios/change-log-4x) | Released: 1st November 2018)
+* **Android:** Set per default usage of Facebook Android SDK v4.38.1 ([#725](https://github.com/jeduan/cordova-plugin-facebook4/issues/725) | [Facebook Android SDK changelog](https://developers.facebook.com/docs/android/change-log-4x) | Released: 1st November 2018)
+
 <a name="3.1.0"></a>
 # [3.1.0](https://github.com/jeduan/cordova-plugin-facebook4/releases/tag/v3.1.0)
 
diff --git a/package.json b/package.json
index 2d9905f1d..287472fd2 100644
--- a/package.json
+++ b/package.json
@@ -1,6 +1,6 @@
 {
   "name": "cordova-plugin-facebook4",
-  "version": "3.1.0",
+  "version": "3.2.0",
   "description": "Cordova Facebook SDK 4 Plugin",
   "cordova": {
     "id": "cordova-plugin-facebook4",
diff --git a/plugin.xml b/plugin.xml
index 7b75cbc31..7e20adde7 100644
--- a/plugin.xml
+++ b/plugin.xml
@@ -2,7 +2,7 @@
 <plugin xmlns="http://apache.org/cordova/ns/plugins/1.0"
         xmlns:android="http://schemas.android.com/apk/res/android"
         id="cordova-plugin-facebook4"
-        version="3.1.0">
+        version="3.2.0">
 
     <name>Facebook Connect</name>
 
@@ -19,7 +19,7 @@
 
     <preference name="APP_ID" />
     <preference name="APP_NAME" />
-    <preference name="FACEBOOK_ANDROID_SDK_VERSION" default="4.37.0"/>
+    <preference name="FACEBOOK_ANDROID_SDK_VERSION" default="4.38.1"/>
 
     <engines>
         <!-- Requires > 3.5.0 because of the custom Framework tag for iOS [CB-6698] -->