diff --git a/apiary.apib b/apiary.apib
index 6721fa3f02..d4b8e7e1f9 100644
--- a/apiary.apib
+++ b/apiary.apib
@@ -1454,7 +1454,7 @@ Returns server information and the list of documented routes in JSON format.
         "result": {
             "server_ready": true,
             "network": "mainnet",
-            "version": "10.7.0",
+            "version": "10.7.1",
             "backend_height": 850214,
             "counterparty_height": 850214,
             "documentation": "https://counterpartycore.docs.apiary.io/",
diff --git a/counterparty-core/counterpartycore/lib/config.py b/counterparty-core/counterpartycore/lib/config.py
index 2d40a877bd..a99a700df3 100644
--- a/counterparty-core/counterpartycore/lib/config.py
+++ b/counterparty-core/counterpartycore/lib/config.py
@@ -5,7 +5,7 @@
 
 
 # Semantic Version
-__version__ = "10.7.0"  # for hatch
+__version__ = "10.7.1"  # for hatch
 VERSION_STRING = __version__
 version = VERSION_STRING.split("-")[0].split(".")
 VERSION_MAJOR = int(version[0])
diff --git a/counterparty-core/counterpartycore/lib/messages/fairmint.py b/counterparty-core/counterpartycore/lib/messages/fairmint.py
index 57292f1a0c..578807f419 100644
--- a/counterparty-core/counterpartycore/lib/messages/fairmint.py
+++ b/counterparty-core/counterpartycore/lib/messages/fairmint.py
@@ -135,8 +135,8 @@ def unpack(message, return_dict=False):
             return {"asset": asset, "quantity": int(quantity)}
 
         return (asset, int(quantity))
-    except Exception as e:
-        raise exceptions.UnpackError(f"Cannot unpack fair mint message: {e}") from e
+    except Exception:
+        return ("", 0)
 
 
 def parse(db, tx, message):
diff --git a/counterparty-core/counterpartycore/lib/messages/fairminter.py b/counterparty-core/counterpartycore/lib/messages/fairminter.py
index 21e15d8b6b..736bbf492c 100644
--- a/counterparty-core/counterpartycore/lib/messages/fairminter.py
+++ b/counterparty-core/counterpartycore/lib/messages/fairminter.py
@@ -382,8 +382,8 @@ def unpack(message, return_dict=False):
             bool(int(divisible)),
             description,
         )
-    except Exception as e:
-        raise exceptions.UnpackError(f"Cannot unpack fair minter message: {e}") from e
+    except Exception:
+        return "", "", 0, 0, 0, 0, 0, 0, 0, 0, 0, 0.0, False, False, False, False, ""
 
 
 def parse(db, tx, message):
diff --git a/counterparty-core/counterpartycore/test/regtest/apidoc/blueprint-template.md b/counterparty-core/counterpartycore/test/regtest/apidoc/blueprint-template.md
index a53a3b0acb..170e901abc 100644
--- a/counterparty-core/counterpartycore/test/regtest/apidoc/blueprint-template.md
+++ b/counterparty-core/counterpartycore/test/regtest/apidoc/blueprint-template.md
@@ -158,7 +158,7 @@ Returns server information and the list of documented routes in JSON format.
         "result": {
             "server_ready": true,
             "network": "mainnet",
-            "version": "10.7.0",
+            "version": "10.7.1",
             "backend_height": 850214,
             "counterparty_height": 850214,
             "documentation": "https://counterpartycore.docs.apiary.io/",
diff --git a/counterparty-core/requirements.txt b/counterparty-core/requirements.txt
index ad95823b36..1114170602 100644
--- a/counterparty-core/requirements.txt
+++ b/counterparty-core/requirements.txt
@@ -35,4 +35,4 @@ yoyo-migrations==8.2.0
 gunicorn==23.0.0
 waitress==3.0.1
 hypothesis==6.116.0
-counterparty-rs==10.7.0
\ No newline at end of file
+counterparty-rs==10.7.1
\ No newline at end of file
diff --git a/counterparty-rs/Cargo.lock b/counterparty-rs/Cargo.lock
index a9ed5f7233..ba26ebf633 100644
--- a/counterparty-rs/Cargo.lock
+++ b/counterparty-rs/Cargo.lock
@@ -394,7 +394,7 @@ checksum = "06ea2b9bc92be3c2baa9334a323ebca2d6f074ff852cd1d7b11064035cd3868f"
 
 [[package]]
 name = "counterparty-rs"
-version = "10.7.0"
+version = "10.7.1"
 dependencies = [
  "bip32",
  "bitcoin",
diff --git a/counterparty-rs/Cargo.toml b/counterparty-rs/Cargo.toml
index 29cf2aeafb..9531ac4737 100644
--- a/counterparty-rs/Cargo.toml
+++ b/counterparty-rs/Cargo.toml
@@ -1,6 +1,6 @@
 [package]
 name = "counterparty-rs"
-version = "10.7.0"
+version = "10.7.1"
 edition = "2021"
 
 # See more keys and their definitions at https://doc.rust-lang.org/cargo/reference/manifest.html
diff --git a/counterparty-wallet/requirements.txt b/counterparty-wallet/requirements.txt
index da6e1ef623..cf589cd257 100644
--- a/counterparty-wallet/requirements.txt
+++ b/counterparty-wallet/requirements.txt
@@ -5,4 +5,4 @@ colorlog==6.8.0
 python-dateutil==2.8.2
 requests==2.32.0
 termcolor==2.4.0
-counterparty-core==10.7.0
+counterparty-core==10.7.1
diff --git a/docker-compose.yml b/docker-compose.yml
index e687b3abd4..4ec13628e6 100644
--- a/docker-compose.yml
+++ b/docker-compose.yml
@@ -15,7 +15,7 @@ x-addrindexrs-common: &addrindexrs-common
   restart: unless-stopped
 
 x-counterparty-common: &counterparty-common
-  image: counterparty/counterparty:v10.7.0
+  image: counterparty/counterparty:v10.7.1
   stop_grace_period: 1m
   volumes:
     - data:/root/.bitcoin
diff --git a/release-notes/release-notes-v10.7.1.md b/release-notes/release-notes-v10.7.1.md
new file mode 100644
index 0000000000..f06ea84fc0
--- /dev/null
+++ b/release-notes/release-notes-v10.7.1.md
@@ -0,0 +1,26 @@
+# Release Notes - Counterparty Core v10.7.1 (2024-11-19)
+
+This is a hotfix release that must be installed immediately. It fixes a bug in the parsing of Fairminters transactions that crashes the server.
+
+# Upgrading
+
+
+# ChangeLog
+
+## Protocol Changes
+
+## Bugfixes
+
+- Don't raise error on unpack exceptions
+
+## Codebase
+
+## API
+
+## CLI
+
+
+# Credits
+
+* Ouziel Slama
+