diff --git a/CHANGELOG.md b/CHANGELOG.md
index 5026aab1f5..ed73aeced4 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -5,7 +5,7 @@ All notable changes to this project will be documented in this file.
 The format is based on [Keep a Changelog](https://keepachangelog.com/en/1.0.0/),
 and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0.html).
 
-## [Unreleased]
+## [0.6.0] - 2024-11-04
 
 #### Added
  - New module `musig` implements the MuSig2 multisignature scheme according to the [BIP 327 specification](https://github.com/bitcoin/bips/blob/master/bip-0327.mediawiki). See:
@@ -14,7 +14,11 @@ and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0
    - Usage example `examples/musig.c`.
 
 #### Removed
- - Removed the `secp256k1_scratch_space` struct and its associated functions `secp256k1_scratch_space_create` `secp256k1_scratch_space_destroy` because the scratch space was unused in the API.
+ - Removed the `secp256k1_scratch_space` struct and its associated functions `secp256k1_scratch_space_create` and `secp256k1_scratch_space_destroy` because the scratch space was unused in the API.
+
+#### ABI Compatibility
+The symbols `secp256k1_scratch_space_create` and `secp256k1_scratch_space_destroy` were removed.
+Otherwise, the library maintains backward compatibility with versions 0.3.x through 0.5.x.
 
 ## [0.5.1] - 2024-08-01
 
@@ -152,7 +156,7 @@ This version was in fact never released.
 The number was given by the build system since the introduction of autotools in Jan 2014 (ea0fe5a5bf0c04f9cc955b2966b614f5f378c6f6).
 Therefore, this version number does not uniquely identify a set of source files.
 
-[unreleased]: https://github.com/bitcoin-core/secp256k1/compare/v0.5.1...HEAD
+[0.6.0]: https://github.com/bitcoin-core/secp256k1/compare/v0.5.1...v0.6.0
 [0.5.1]: https://github.com/bitcoin-core/secp256k1/compare/v0.5.0...v0.5.1
 [0.5.0]: https://github.com/bitcoin-core/secp256k1/compare/v0.4.1...v0.5.0
 [0.4.1]: https://github.com/bitcoin-core/secp256k1/compare/v0.4.0...v0.4.1
diff --git a/CMakeLists.txt b/CMakeLists.txt
index 840781011d..5c011d0bab 100644
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -7,7 +7,7 @@ project(libsecp256k1
   # The package (a.k.a. release) version is based on semantic versioning 2.0.0 of
   # the API. All changes in experimental modules are treated as
   # backwards-compatible and therefore at most increase the minor version.
-  VERSION 0.5.2
+  VERSION 0.6.0
   DESCRIPTION "Optimized C library for ECDSA signatures and secret/public key operations on curve secp256k1."
   HOMEPAGE_URL "https://github.com/bitcoin-core/secp256k1"
   LANGUAGES C
@@ -31,9 +31,9 @@ endif()
 # https://www.gnu.org/software/libtool/manual/html_node/Updating-version-info.html
 # All changes in experimental modules are treated as if they don't affect the
 # interface and therefore only increase the revision.
-set(${PROJECT_NAME}_LIB_VERSION_CURRENT 4)
-set(${PROJECT_NAME}_LIB_VERSION_REVISION 2)
-set(${PROJECT_NAME}_LIB_VERSION_AGE 2)
+set(${PROJECT_NAME}_LIB_VERSION_CURRENT 5)
+set(${PROJECT_NAME}_LIB_VERSION_REVISION 0)
+set(${PROJECT_NAME}_LIB_VERSION_AGE 3)
 
 #=============================
 # Language setup
diff --git a/configure.ac b/configure.ac
index dca1e662f8..c0f8e3c893 100644
--- a/configure.ac
+++ b/configure.ac
@@ -4,18 +4,18 @@ AC_PREREQ([2.60])
 # the API. All changes in experimental modules are treated as
 # backwards-compatible and therefore at most increase the minor version.
 define(_PKG_VERSION_MAJOR, 0)
-define(_PKG_VERSION_MINOR, 5)
-define(_PKG_VERSION_PATCH, 2)
-define(_PKG_VERSION_IS_RELEASE, false)
+define(_PKG_VERSION_MINOR, 6)
+define(_PKG_VERSION_PATCH, 0)
+define(_PKG_VERSION_IS_RELEASE, true)
 
 # The library version is based on libtool versioning of the ABI. The set of
 # rules for updating the version can be found here:
 # https://www.gnu.org/software/libtool/manual/html_node/Updating-version-info.html
 # All changes in experimental modules are treated as if they don't affect the
 # interface and therefore only increase the revision.
-define(_LIB_VERSION_CURRENT, 4)
-define(_LIB_VERSION_REVISION, 2)
-define(_LIB_VERSION_AGE, 2)
+define(_LIB_VERSION_CURRENT, 5)
+define(_LIB_VERSION_REVISION, 0)
+define(_LIB_VERSION_AGE, 3)
 
 AC_INIT([libsecp256k1],m4_join([.], _PKG_VERSION_MAJOR, _PKG_VERSION_MINOR, _PKG_VERSION_PATCH)m4_if(_PKG_VERSION_IS_RELEASE, [true], [], [-dev]),[https://github.com/bitcoin-core/secp256k1/issues],[libsecp256k1],[https://github.com/bitcoin-core/secp256k1])