diff --git a/CHANGELOG.md b/CHANGELOG.md
index 5f849f6f11..ea985b236f 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -2,9 +2,34 @@
 
 All notable changes to this project will be documented in this file.
 
+## [4.3.8] - 2025-05-06
+
+### Security
+
+- Update dependencies
+- Check scheme on account, profile, and media URLs ([GHSA-x2rc-v5wx-g3m5](https://github.com/mastodon/mastodon/security/advisories/GHSA-x2rc-v5wx-g3m5))
+
+### Added
+
+- Add warning for REDIS_NAMESPACE deprecation at startup (#34581 by @ClearlyClaire)
+- Add built-in context for interaction policies (#34574 by @ClearlyClaire)
+
+### Changed
+
+- Change activity distribution error handling to skip retrying for deleted accounts (#33617 by @ClearlyClaire)
+
+### Removed
+
+- Remove double-query for signed query strings (#34610 by @ClearlyClaire)
+
+### Fixed
+
+- Fix incorrect redirect in response to unauthenticated API requests in limited federation mode (#34549 by @ClearlyClaire)
+- Fix sign-up e-mail confirmation page reloading on error or redirect (#34548 by @ClearlyClaire)
+
 ## [4.3.7] - 2025-04-02
 
-### Add
+### Added
 
 - Add delay to profile updates to debounce them (#34137 by @ClearlyClaire)
 - Add support for paginating partial collections in `SynchronizeFollowersService` (#34272 and #34277 by @ClearlyClaire)
diff --git a/docker-compose.yml b/docker-compose.yml
index 7b8cccab58..e42afa5464 100644
--- a/docker-compose.yml
+++ b/docker-compose.yml
@@ -59,7 +59,7 @@ services:
   web:
     # You can uncomment the following line if you want to not use the prebuilt image, for example if you have local code changes
     # build: .
-    image: ghcr.io/mastodon/mastodon:v4.3.7
+    image: ghcr.io/mastodon/mastodon:v4.3.8
     restart: always
     env_file: .env.production
     command: bundle exec puma -C config/puma.rb
@@ -83,7 +83,7 @@ services:
     # build:
     #   dockerfile: ./streaming/Dockerfile
     #   context: .
-    image: ghcr.io/mastodon/mastodon-streaming:v4.3.7
+    image: ghcr.io/mastodon/mastodon-streaming:v4.3.8
     restart: always
     env_file: .env.production
     command: node ./streaming/index.js
@@ -102,7 +102,7 @@ services:
   sidekiq:
     # You can uncomment the following line if you want to not use the prebuilt image, for example if you have local code changes
     # build: .
-    image: ghcr.io/mastodon/mastodon:v4.3.7
+    image: ghcr.io/mastodon/mastodon:v4.3.8
     restart: always
     env_file: .env.production
     command: bundle exec sidekiq
diff --git a/lib/mastodon/version.rb b/lib/mastodon/version.rb
index 1503c0e44e..3059788d53 100644
--- a/lib/mastodon/version.rb
+++ b/lib/mastodon/version.rb
@@ -13,7 +13,7 @@ module Mastodon
     end
 
     def patch
-      7
+      8
     end
 
     def default_prerelease