diff --git a/.bumpversion.cfg b/.bumpversion.cfg
index 0848536a0..b34ee8dd9 100644
--- a/.bumpversion.cfg
+++ b/.bumpversion.cfg
@@ -1,5 +1,5 @@
 [bumpversion]
-current_version = 0.3.7
+current_version = 0.3.8
 commit = True
 tag = True
 message = Bump version: {current_version} -> {new_version}
diff --git a/lbrynet/__init__.py b/lbrynet/__init__.py
index a0576d5af..49bd262cf 100644
--- a/lbrynet/__init__.py
+++ b/lbrynet/__init__.py
@@ -4,5 +4,5 @@ log = logging.getLogger(__name__)
 logging.getLogger(__name__).addHandler(logging.NullHandler())
 log.setLevel(logging.ERROR)
 
-__version__ = "0.3.7"
+__version__ = "0.3.8"
 version = tuple(__version__.split('.'))
\ No newline at end of file
diff --git a/packaging/ubuntu/lbry.desktop b/packaging/ubuntu/lbry.desktop
index 1b0f41790..1c28d3553 100644
--- a/packaging/ubuntu/lbry.desktop
+++ b/packaging/ubuntu/lbry.desktop
@@ -1,5 +1,5 @@
 [Desktop Entry]
-Version=0.3.7
+Version=0.3.8
 Name=LBRY
 Comment=The world's first user-owned content marketplace
 Icon=lbry