diff --git a/mailpoet.php b/mailpoet.php
index 30541fb529..5f95fcdc6e 100644
--- a/mailpoet.php
+++ b/mailpoet.php
@@ -4,7 +4,7 @@ if(!defined('ABSPATH')) exit;
 
 /*
  * Plugin Name: MailPoet 3 (New)
- * Version: 3.7.8
+ * Version: 3.8
  * Plugin URI: http://www.mailpoet.com
  * Description: Create and send newsletters, post notifications and welcome emails from your WordPress.
  * Author: MailPoet
@@ -18,7 +18,7 @@ if(!defined('ABSPATH')) exit;
  */
 
 $mailpoet_plugin = array(
-  'version' => '3.7.8',
+  'version' => '3.8',
   'filename' => __FILE__,
   'path' => dirname(__FILE__),
   'autoloader' => dirname(__FILE__) . '/vendor/autoload.php',
diff --git a/readme.txt b/readme.txt
index c929adae27..3135718396 100644
--- a/readme.txt
+++ b/readme.txt
@@ -4,7 +4,7 @@ Tags: newsletter, email, welcome email, post notification, autoresponder, signup
 Requires at least: 4.7
 Tested up to: 4.9
 Requires PHP: 5.6
-Stable tag: 3.7.8
+Stable tag: 3.8
 License: GPLv3
 License URI: https://www.gnu.org/licenses/gpl-3.0.html
 
@@ -118,6 +118,13 @@ Stop by our [support site](https://www.mailpoet.com/support).
 
 == Changelog ==
 
+= 3.8 - 2018-07-17 =
+* Fixed: proper spacing between paragraphs in full post is now respected;
+* Fixed: deleting users who have opened one newsletter correctly records data for GDPR;
+* Fixed: sending tasks are paused when welcome email is deactivated. Thanks, Seng;
+* Fixed: can send when default sender is not set;
+* Updated: API validation message updated to reflect incompatibilities with localhost.
+
 = 3.7.8 - 2018-06-26 =
 * Added: support for long URLs in newsletter links;
 * Fixed: controls in editor display correctly;