diff --git a/CHANGELOG.md b/CHANGELOG.md
index d76ca86423..9ba4cc4058 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,3 +1,9 @@
+# Version 0.8.0 (2020-05-26)
+
+* Update to Substrate release candidate [#116](https://github.com/paritytech/substrate-subxt/pull/116)
+* Update to alpha.8 [#114](https://github.com/paritytech/substrate-subxt/pull/114)
+* Refactors the api [#113](https://github.com/paritytech/substrate-subxt/pull/113)
+
 # Version 0.7.0 (2020-05-13)
 
 * Split subxt [#102](https://github.com/paritytech/substrate-subxt/pull/102)
diff --git a/Cargo.toml b/Cargo.toml
index 3b42d81742..9b98fb18e1 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -3,7 +3,7 @@ members = [".", "proc-macro"]
 
 [package]
 name = "substrate-subxt"
-version = "0.7.0"
+version = "0.8.0"
 authors = ["Parity Technologies <admin@parity.io>"]
 edition = "2018"
 
@@ -37,7 +37,7 @@ sp-rpc = { version = "2.0.0-rc2", package = "sp-rpc" }
 sp-core = { version = "2.0.0-rc2", package = "sp-core" }
 sc-rpc-api = { version = "0.8.0-rc2", package = "sc-rpc-api" }
 sp-transaction-pool = { version = "2.0.0-rc2", package = "sp-transaction-pool" }
-substrate-subxt-proc-macro = { version = "0.7.0", path = "proc-macro" }
+substrate-subxt-proc-macro = { version = "0.8.0", path = "proc-macro" }
 
 [dev-dependencies]
 async-std = { version = "1.5.0", features = ["attributes"] }
diff --git a/proc-macro/Cargo.toml b/proc-macro/Cargo.toml
index 43200a8de8..44639ea14a 100644
--- a/proc-macro/Cargo.toml
+++ b/proc-macro/Cargo.toml
@@ -1,6 +1,6 @@
 [package]
 name = "substrate-subxt-proc-macro"
-version = "0.7.0"
+version = "0.8.0"
 authors = ["David Craven <david@craven.ch>", "Parity Technologies <admin@parity.io>"]
 edition = "2018"
 autotests = false