diff --git a/Changelog b/Changelog
index 23b2d5e305b2f8058e4ecb757f331adbfde80cda..f6ae13f71b38cbaa9c79ca00e687eb8c23219797 100644
--- a/Changelog
+++ b/Changelog
@@ -1,3 +1,10 @@
+Version 3.8.1dev1, 2023-01-13
+
+  Fixes:
+  * Update diag tool (#3146)
+  * Fix tokengroup error in WebUI (#3441)
+  * Fix wrong QR code in enroll-via-validate (#3427)
+
 Version 3.8, 2022-12-20
 
   Features:
diff --git a/setup.py b/setup.py
index 9822852f95eea98e31254eb6bb5ba83b6fa89264..f8e686d9b68df458b0dbc43fbea455aab69e2f1a 100644
--- a/setup.py
+++ b/setup.py
@@ -6,7 +6,7 @@ import stat
 import sys
 
 #VERSION = "2.1dev4"
-VERSION = "3.8"
+VERSION = "3.8.1dev1"
 
 # Taken from kennethreitz/requests/setup.py
 package_directory = os.path.realpath(os.path.dirname(__file__))