diff --git a/package.json b/package.json
index c56c48ca72c..dfa052eef8a 100644
--- a/package.json
+++ b/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@metamask/core-monorepo",
-  "version": "688.0.0",
+  "version": "689.0.0",
   "private": true,
   "description": "Monorepo for packages shared between MetaMask clients",
   "repository": {
diff --git a/packages/assets-controllers/package.json b/packages/assets-controllers/package.json
index 084a5e9c370..46a53c72171 100644
--- a/packages/assets-controllers/package.json
+++ b/packages/assets-controllers/package.json
@@ -94,7 +94,7 @@
     "@metamask/multichain-account-service": "^4.0.0",
     "@metamask/network-controller": "^26.0.0",
     "@metamask/permission-controller": "^12.1.1",
-    "@metamask/phishing-controller": "^16.0.0",
+    "@metamask/phishing-controller": "^16.1.0",
     "@metamask/preferences-controller": "^22.0.0",
     "@metamask/providers": "^22.1.0",
     "@metamask/snaps-controllers": "^14.0.1",
diff --git a/packages/phishing-controller/CHANGELOG.md b/packages/phishing-controller/CHANGELOG.md
index 58c900fa454..b4f67995fa2 100644
--- a/packages/phishing-controller/CHANGELOG.md
+++ b/packages/phishing-controller/CHANGELOG.md
@@ -7,6 +7,8 @@ and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0
 
 ## [Unreleased]
 
+## [16.1.0]
+
 ### Added
 
 - Export `TokenScanCacheData` and `TokenScanResultType` to allow consumers to have a type to reference if grabbing values directly from the controller's state ([#7208](https://github.com/MetaMask/core/pull/7208))
@@ -491,7 +493,8 @@ and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0
 
     All changes listed after this point were applied to this package following the monorepo conversion.
 
-[Unreleased]: https://github.com/MetaMask/core/compare/@metamask/phishing-controller@16.0.0...HEAD
+[Unreleased]: https://github.com/MetaMask/core/compare/@metamask/phishing-controller@16.1.0...HEAD
+[16.1.0]: https://github.com/MetaMask/core/compare/@metamask/phishing-controller@16.0.0...@metamask/phishing-controller@16.1.0
 [16.0.0]: https://github.com/MetaMask/core/compare/@metamask/phishing-controller@15.0.1...@metamask/phishing-controller@16.0.0
 [15.0.1]: https://github.com/MetaMask/core/compare/@metamask/phishing-controller@15.0.0...@metamask/phishing-controller@15.0.1
 [15.0.0]: https://github.com/MetaMask/core/compare/@metamask/phishing-controller@14.1.3...@metamask/phishing-controller@15.0.0
diff --git a/packages/phishing-controller/package.json b/packages/phishing-controller/package.json
index bb9fde1fdeb..62b3d23d442 100644
--- a/packages/phishing-controller/package.json
+++ b/packages/phishing-controller/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@metamask/phishing-controller",
-  "version": "16.0.0",
+  "version": "16.1.0",
   "description": "Maintains a periodically updated list of approved and unapproved website origins",
   "keywords": [
     "MetaMask",
diff --git a/yarn.lock b/yarn.lock
index 572ddf2054a..e8700395b0f 100644
--- a/yarn.lock
+++ b/yarn.lock
@@ -2663,7 +2663,7 @@ __metadata:
     "@metamask/multichain-account-service": "npm:^4.0.0"
     "@metamask/network-controller": "npm:^26.0.0"
     "@metamask/permission-controller": "npm:^12.1.1"
-    "@metamask/phishing-controller": "npm:^16.0.0"
+    "@metamask/phishing-controller": "npm:^16.1.0"
     "@metamask/polling-controller": "npm:^16.0.0"
     "@metamask/preferences-controller": "npm:^22.0.0"
     "@metamask/providers": "npm:^22.1.0"
@@ -4475,7 +4475,7 @@ __metadata:
   languageName: node
   linkType: hard
 
-"@metamask/phishing-controller@npm:^16.0.0, @metamask/phishing-controller@workspace:packages/phishing-controller":
+"@metamask/phishing-controller@npm:^16.1.0, @metamask/phishing-controller@workspace:packages/phishing-controller":
   version: 0.0.0-use.local
   resolution: "@metamask/phishing-controller@workspace:packages/phishing-controller"
   dependencies: