diff --git a/NEWS b/NEWS
index 86b5fcf7..7e8e6f9f 100644
--- a/NEWS
+++ b/NEWS
@@ -1,3 +1,7 @@
+1.7.10.dev0
+ * #618: Support for BORG_FILES_CACHE_TTL environment variable via "borg_files_cache_ttl" option in
+   borgmatic's storage configuration.
+
 1.7.9
  * #295: Add a SQLite database dump/restore hook.
  * #304: Change the default action order when no actions are specified on the command-line to:
diff --git a/setup.py b/setup.py
index ec68b049..5ea3c2e4 100644
--- a/setup.py
+++ b/setup.py
@@ -1,6 +1,6 @@
 from setuptools import find_packages, setup
 
-VERSION = '1.7.9'
+VERSION = '1.7.10.dev0'
 
 
 setup(