diff --git a/benchexec/__init__.py b/benchexec/__init__.py
index 698a3781d..c5e974948 100644
--- a/benchexec/__init__.py
+++ b/benchexec/__init__.py
@@ -34,7 +34,7 @@
 Variables ending with "tag" contain references to XML tag objects created by the XML parser.
 """
 
-__version__ = "3.8-dev"
+__version__ = "3.8"
 
 
 class BenchExecException(Exception):
diff --git a/debian/changelog b/debian/changelog
index 62dbd9c2d..0181905f1 100644
--- a/debian/changelog
+++ b/debian/changelog
@@ -1,3 +1,9 @@
+benchexec (3.8-1) focal; urgency=medium
+
+  * New upstream version.
+
+ -- Philipp Wendler <debian@philippwendler.de>  Wed, 19 May 2021 15:58:55 +0200
+
 benchexec (3.7-1) focal; urgency=medium
 
   * New upstream version.