diff --git a/CHANGELOG.md b/CHANGELOG.md
index e8ecd331..40765dc1 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,13 @@
 # Changelog:
 
+# v0.3.8
+
+### Changes
+* Added Mac Silicon binary build target for release (#320)
+
+### Security Fixes
+* Fixed security issue by bumping argo-cd dependency to v2.4.1
+
 # v0.3.7
 * docs: fix edit url to use main branch (#300)
 * adding --recover flag to bootstrap command for installing from an existing repo
diff --git a/Makefile b/Makefile
index 19df38ed..97b50b1a 100644
--- a/Makefile
+++ b/Makefile
@@ -1,4 +1,4 @@
-VERSION=v0.3.7
+VERSION=v0.3.8
 OUT_DIR=dist
 
 CLI_NAME?=argocd-autopilot
diff --git a/docs/releases/release_notes.md b/docs/releases/release_notes.md
index befc0e72..1cb16c48 100644
--- a/docs/releases/release_notes.md
+++ b/docs/releases/release_notes.md
@@ -1,10 +1,12 @@
 ### Changes
-* docs: fix edit url to use main branch (#300)
-* adding --recover flag to bootstrap command for installing from an existing repo
+* Added Mac Silicon binary build target for release (#320)
+
+### Security Fixes
+* Fixed security issue by bumping argo-cd dependency to v2.4.1
 
 ### Contributors:
-- TAKAHASHI Shuuji ([@shuuji3](https://github.com/shuuji3))
-- Rotem Cohen ([@rotem-codefresh](https://github.com/rotem-codefresh))
+- Stefan Hojer ([@hojerst](https://github.com/hojerst))
+- Roi Kramer ([@roi-codefresh](https://github.com/roi-codefresh))
 
 ## Installation:
 
@@ -43,7 +45,7 @@ argocd-autopilot version
 ### Linux and WSL (using curl):
 ```bash
 # download and extract the binary
-curl -L --output - https://github.com/argoproj-labs/argocd-autopilot/releases/download/v0.3.7/argocd-autopilot-linux-amd64.tar.gz | tar zx
+curl -L --output - https://github.com/argoproj-labs/argocd-autopilot/releases/download/v0.3.8/argocd-autopilot-linux-amd64.tar.gz | tar zx
 
 # move the binary to your $PATH
 mv ./argocd-autopilot-* /usr/local/bin/argocd-autopilot
@@ -55,7 +57,7 @@ argocd-autopilot version
 ### Mac (using curl):
 ```bash
 # download and extract the binary
-curl -L --output - https://github.com/argoproj-labs/argocd-autopilot/releases/download/v0.3.7/argocd-autopilot-darwin-amd64.tar.gz | tar zx
+curl -L --output - https://github.com/argoproj-labs/argocd-autopilot/releases/download/v0.3.8/argocd-autopilot-darwin-amd64.tar.gz | tar zx
 
 # move the binary to your $PATH
 mv ./argocd-autopilot-* /usr/local/bin/argocd-autopilot
@@ -70,5 +72,5 @@ When using the Docker image, you have to provide the `.kube` and `.gitconfig` di
 docker run \
   -v ~/.kube:/home/autopilot/.kube \
   -v ~/.gitconfig:/home/autopilot/.gitconfig \
-  -it quay.io/argoprojlabs/argocd-autopilot:v0.3.7 <cmd> <flags>
+  -it quay.io/argoprojlabs/argocd-autopilot:v0.3.8 <cmd> <flags>
 ```