diff --git a/CHANGELOG.md b/CHANGELOG.md
index dc64053..c208bab 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -998,3 +998,11 @@
 * Add workaround for broken thumbnailing
 * Update s3 storage provider
 
+[1.71.0]
+* Update Synapse to 1.88.0
+* [Full changelog](https://github.com/matrix-org/synapse/releases/tag/v1.88.0)
+* Add not_user_type param to the list accounts admin API. (#15844)
+* Pin pydantic to ^=1.7.4 to avoid backwards-incompatible API changes from the 2.0.0 release.
+* Contributed by @PaarthShah. (#15862)
+* Correctly resize thumbnails with pillow version >=10. (#15876)
+
diff --git a/CloudronManifest.json b/CloudronManifest.json
index 9c16091..3d76c6e 100644
--- a/CloudronManifest.json
+++ b/CloudronManifest.json
@@ -5,8 +5,8 @@
   "description": "file://DESCRIPTION.md",
   "changelog": "file://CHANGELOG.md",
   "tagline": "Secure & decentralized communication",
-  "version": "1.70.1",
-  "upstreamVersion": "1.87.0",
+  "version": "1.71.0",
+  "upstreamVersion": "1.88.0",
   "healthCheckPath": "/",
   "httpPort": 8008,
   "memoryLimit": 536870912,
diff --git a/Dockerfile b/Dockerfile
index eff2c2c..ab308a0 100644
--- a/Dockerfile
+++ b/Dockerfile
@@ -9,7 +9,7 @@ RUN virtualenv -p python3 /app/code/env
 ENV VIRTUAL_ENV=/app/code/env
 ENV PATH="$VIRTUAL_ENV/bin:$PATH"
 
-ARG VERSION=1.87.0
+ARG VERSION=1.88.0
 
 # https://github.com/matrix-org/synapse-s3-storage-provider
 ARG STORAGE_PROVIDER_VERSION=1beb6af95e1f5caedb8e6e7e1cc176cdb2106d37