diff --git a/.github/workflows/main.yml b/.github/workflows/main.yml
index 4b9ea39..7631560 100644
--- a/.github/workflows/main.yml
+++ b/.github/workflows/main.yml
@@ -1,7 +1,7 @@
 name: Build
 on: [push]
 env:
-  KERNEL_VERSION: 5.15.63-ctsi-1
+  KERNEL_VERSION: 5.15.63-ctsi-2
   RISCV_PK_VERSION: 1.0.0-ctsi-1
   TOOLCHAIN_VERSION: 0.13.0
 jobs:
diff --git a/CHANGELOG.md b/CHANGELOG.md
index b4df8d0..a358936 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -6,6 +6,11 @@ and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0
 
 ## [Unreleased]
 
+## [0.16.0] - 2023-03-30
+### Changed
+- Updated Linux Kernel to v5.15.63-ctsi-2
+- Updated toolchain to v0.14.0
+
 ## [0.15.0] - 2023-02-10
 ### Changed
 - Tuned default kernel config for faster boot time
@@ -61,7 +66,8 @@ and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0
 - [0.2.0]
 - [0.1.0]
 
-[Unreleased]: https://github.com/cartesi/image-kernel/compare/v0.15.0...HEAD
+[Unreleased]: https://github.com/cartesi/image-kernel/compare/v0.16.0...HEAD
+[0.16.0]: https://github.com/cartesi/image-kernel/releases/tag/v0.16.0
 [0.15.0]: https://github.com/cartesi/image-kernel/releases/tag/v0.15.0
 [0.14.0]: https://github.com/cartesi/image-kernel/releases/tag/v0.14.0
 [0.13.0]: https://github.com/cartesi/image-kernel/releases/tag/v0.13.0
diff --git a/Dockerfile b/Dockerfile
index db6d755..9911e85 100644
--- a/Dockerfile
+++ b/Dockerfile
@@ -17,7 +17,7 @@ FROM ${TOOLCHAIN_REPOSITORY}:${TOOLCHAIN_VERSION}
 
 LABEL maintainer="Diego Nehab <diego@cartesi.io>"
 
-ARG KERNEL_VERSION=5.5.19-ctsi-6
+ARG KERNEL_VERSION=5.15.63-ctsi-2
 ARG RISCV_PK_VERSION=1.0.0-ctsi-1
 
 ENV DEBIAN_FRONTEND=noninteractive
diff --git a/Makefile b/Makefile
index e6b39c3..301011f 100644
--- a/Makefile
+++ b/Makefile
@@ -16,7 +16,7 @@
 TAG ?= devel
 TOOLCHAIN_DOCKER_REPOSITORY ?= cartesi/toolchain
 TOOLCHAIN_TAG ?= 0.13.0
-KERNEL_VERSION ?= 5.15.63-ctsi-1
+KERNEL_VERSION ?= 5.15.63-ctsi-2
 KERNEL_SRCPATH := dep/linux-${KERNEL_VERSION}.tar.gz
 RISCV_PK_VERSION ?= 1.0.0-ctsi-1
 RISCV_PK_SRCPATH := dep/riscv-pk-${RISCV_PK_VERSION}.tar.gz
diff --git a/shasumfile b/shasumfile
index 54daffb..f2b67b6 100644
--- a/shasumfile
+++ b/shasumfile
@@ -1,2 +1,2 @@
-aab7bea88397081f027476a6f52c67adbb4d24378b04073a6feba724503a63ba  dep/linux-5.15.63-ctsi-1.tar.gz
+e8d4d1882632eac7fd8e433b4eb4db014fd56e645fdad3b89be7d1ca4f20ca07  dep/linux-5.15.63-ctsi-2.tar.gz
 9a873345b9914940e7bf03a167da823910c8a2acadd818b780ffbd1a3edcc4c5  dep/riscv-pk-1.0.0-ctsi-1.tar.gz