diff --git a/packages/ethereum-contracts/CHANGELOG.md b/packages/ethereum-contracts/CHANGELOG.md
index 1e022c7bd3..d7316b1380 100644
--- a/packages/ethereum-contracts/CHANGELOG.md
+++ b/packages/ethereum-contracts/CHANGELOG.md
@@ -11,6 +11,7 @@ This project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0.htm
   - Migration: Use `IERC20Metadata` instead, as this replaces the previous contracts
 - `build/typechain-ethers-v5` is removed from the npm package
   - Migration: Consume the ABIs and utilize whatever tool you'd like to generate types from them
+- We've updated OpenZeppelin from v4.9.3 to v5.0.1
 
 ### Added