diff --git a/CHANGELOG.md b/CHANGELOG.md
index e1e3ec1c0e..c1100a6cae 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,3 +1,30 @@
+Changes in [1.11.65](https://github.com/element-hq/element-web/releases/tag/v1.11.65) (2024-04-23)
+==================================================================================================
+## ✨ Features
+
+* Make empty state copy for TAC depend on the value of the setting ([#12419](https://github.com/matrix-org/matrix-react-sdk/pull/12419)). Contributed by @dbkr.
+* Linkify User Interactive Authentication errors ([#12271](https://github.com/matrix-org/matrix-react-sdk/pull/12271)). Contributed by @t3chguy.
+* Add support for device dehydration v2 ([#12316](https://github.com/matrix-org/matrix-react-sdk/pull/12316)). Contributed by @uhoreg.
+* Replace `SecurityCustomisations` with `CryptoSetupExtension` ([#12342](https://github.com/matrix-org/matrix-react-sdk/pull/12342)). Contributed by @thoraj.
+* Add activity toggle for TAC ([#12413](https://github.com/matrix-org/matrix-react-sdk/pull/12413)). Contributed by @dbkr.
+* Humanize spell check language labels ([#12409](https://github.com/matrix-org/matrix-react-sdk/pull/12409)). Contributed by @t3chguy.
+* Call Guest Access, give user the option to change the acces level so they can generate a call link. ([#12401](https://github.com/matrix-org/matrix-react-sdk/pull/12401)). Contributed by @toger5.
+* TAC: Release Announcement ([#12380](https://github.com/matrix-org/matrix-react-sdk/pull/12380)). Contributed by @florianduros.
+* Show the call and share button if the user can create a guest link. ([#12385](https://github.com/matrix-org/matrix-react-sdk/pull/12385)). Contributed by @toger5.
+* Add analytics for mark all threads unread ([#12384](https://github.com/matrix-org/matrix-react-sdk/pull/12384)). Contributed by @dbkr.
+* Add `EventType.RoomEncryption` to the auto approve capabilities of Element Call widgets ([#12386](https://github.com/matrix-org/matrix-react-sdk/pull/12386)). Contributed by @toger5.
+
+## 🐛 Bug Fixes
+
+* Fix link modal not shown after access upgrade ([#12411](https://github.com/matrix-org/matrix-react-sdk/pull/12411)). Contributed by @toger5.
+* Fix thread navigation in timeline ([#12412](https://github.com/matrix-org/matrix-react-sdk/pull/12412)). Contributed by @florianduros.
+* Fix inability to join a `knock` room via space hierarchy view ([#12404](https://github.com/matrix-org/matrix-react-sdk/pull/12404)). Contributed by @t3chguy.
+* Focus the thread panel when clicking on an item in the TAC ([#12410](https://github.com/matrix-org/matrix-react-sdk/pull/12410)). Contributed by @dbkr.
+* Fix space hierarchy tile busy state being stuck after join error ([#12405](https://github.com/matrix-org/matrix-react-sdk/pull/12405)). Contributed by @t3chguy.
+* Fix room topic in-app links not being handled correctly on topic dialog ([#12406](https://github.com/matrix-org/matrix-react-sdk/pull/12406)). Contributed by @t3chguy.
+
+
+
 Changes in [1.11.64](https://github.com/element-hq/element-web/releases/tag/v1.11.64) (2024-04-09)
 ==================================================================================================
 ## ✨ Features
diff --git a/package.json b/package.json
index b66638488f..f09032219d 100644
--- a/package.json
+++ b/package.json
@@ -1,6 +1,6 @@
 {
     "name": "element-web",
-    "version": "1.11.64",
+    "version": "1.11.65",
     "description": "A feature-rich client for Matrix.org",
     "author": "New Vector Ltd.",
     "repository": {
@@ -77,8 +77,8 @@
         "jsrsasign": "^11.0.0",
         "katex": "^0.16.0",
         "lodash": "^4.17.21",
-        "matrix-js-sdk": "github:matrix-org/matrix-js-sdk#develop",
-        "matrix-react-sdk": "github:matrix-org/matrix-react-sdk#develop",
+        "matrix-js-sdk": "32.1.0",
+        "matrix-react-sdk": "3.98.0",
         "matrix-widget-api": "^1.3.1",
         "react": "17.0.2",
         "react-dom": "17.0.2",
diff --git a/yarn.lock b/yarn.lock
index db9e055fed..a6a494fc21 100644
--- a/yarn.lock
+++ b/yarn.lock
@@ -2185,7 +2185,7 @@
   resolved "https://registry.yarnpkg.com/@matrix-org/olm/-/olm-3.2.15.tgz#55f3c1b70a21bbee3f9195cecd6846b1083451ec"
   integrity sha512-S7lOrndAK9/8qOtaTq/WhttJC/o4GAzdfK0MUPpo8ApzsJEC0QjtwrkC3KBXdFP1cD1MXi/mlKR7aaoVMKgs6Q==
 
-"@matrix-org/react-sdk-module-api@^2.3.0":
+"@matrix-org/react-sdk-module-api@^2.3.0", "@matrix-org/react-sdk-module-api@^2.4.0":
   version "2.4.0"
   resolved "https://registry.yarnpkg.com/@matrix-org/react-sdk-module-api/-/react-sdk-module-api-2.4.0.tgz#5e4552acbe728141f42c1d54d75dcb4efea9301c"
   integrity sha512-cPb+YaqllfJkRX0ofcG/0YdHxCvcMAvUbdNMO2olpGL8vwbBP6mHdhbZ87z9pgsRIVOqfFuLUE3WeW0hxWrklQ==
@@ -8301,9 +8301,10 @@ matrix-events-sdk@0.0.1:
   resolved "https://registry.yarnpkg.com/matrix-events-sdk/-/matrix-events-sdk-0.0.1.tgz#c8c38911e2cb29023b0bbac8d6f32e0de2c957dd"
   integrity sha512-1QEOsXO+bhyCroIe2/A5OwaxHvBm7EsSQ46DEDn8RBIfQwN5HWBpFvyWWR4QY0KHPPnnJdI99wgRiAl7Ad5qaA==
 
-"matrix-js-sdk@github:matrix-org/matrix-js-sdk#develop":
-  version "32.0.0"
-  resolved "https://codeload.github.com/matrix-org/matrix-js-sdk/tar.gz/82ed7bd86ae4c8c703f886a490573110035cfe34"
+matrix-js-sdk@32.1.0:
+  version "32.1.0"
+  resolved "https://registry.yarnpkg.com/matrix-js-sdk/-/matrix-js-sdk-32.1.0.tgz#b5cb79cc838c450d44d01de1ac58b6cda63b20b9"
+  integrity sha512-+jRCQKOBuMvAz3nWsf5NGWpttByeC/gw1It1gCZLQsWix6jN1bkHiqwk6OOvcGj4I5ML2bOEbYEr46bcqFUouQ==
   dependencies:
     "@babel/runtime" "^7.12.5"
     "@matrix-org/matrix-sdk-crypto-wasm" "^4.9.0"
@@ -8327,16 +8328,17 @@ matrix-mock-request@^2.5.0:
   dependencies:
     expect "^28.1.0"
 
-"matrix-react-sdk@github:matrix-org/matrix-react-sdk#develop":
-  version "3.97.0"
-  resolved "https://codeload.github.com/matrix-org/matrix-react-sdk/tar.gz/0daf0cfa8070fc6ee9a20d39faf42fc64824de25"
+matrix-react-sdk@3.98.0:
+  version "3.98.0"
+  resolved "https://registry.yarnpkg.com/matrix-react-sdk/-/matrix-react-sdk-3.98.0.tgz#20bde52244f78f1bc0c8be029dae63d6419caa53"
+  integrity sha512-RUeFLg1Y6HSpvXvML7nfMUFtACe0ubAALAusU8KEW3rUJrPuRFtSVCe1g1KpwS3huEZHA38vi17B1CwDcEvfPQ==
   dependencies:
     "@babel/runtime" "^7.12.5"
     "@matrix-org/analytics-events" "^0.19.0"
     "@matrix-org/emojibase-bindings" "^1.1.2"
     "@matrix-org/matrix-wysiwyg" "2.17.0"
     "@matrix-org/olm" "3.2.15"
-    "@matrix-org/react-sdk-module-api" "^2.3.0"
+    "@matrix-org/react-sdk-module-api" "^2.4.0"
     "@matrix-org/spec" "^1.7.0"
     "@sentry/browser" "^7.0.0"
     "@testing-library/react-hooks" "^8.0.1"
@@ -8373,7 +8375,7 @@ matrix-mock-request@^2.5.0:
     maplibre-gl "^2.0.0"
     matrix-encrypt-attachment "^1.0.3"
     matrix-events-sdk "0.0.1"
-    matrix-js-sdk "github:matrix-org/matrix-js-sdk#develop"
+    matrix-js-sdk "32.1.0"
     matrix-widget-api "^1.5.0"
     memoize-one "^6.0.0"
     minimist "^1.2.5"