diff --git a/CHANGELOG.md b/CHANGELOG.md
index 2b71b35d41..d7cc142f66 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,3 +1,12 @@
+## [0.8.0-dev.7] - 2022-08-10
+
+### Bug Fixes
+
+- A block with a height is equal initial-height uses current time instead of genesis last-block-time
+- Update block time validation
+- Change validateBlockTime function
+- Update evidence_test.go
+
 ## [0.8.0-dev.4] - 2022-05-03
 
 ### Bug Fixes
diff --git a/version/version.go b/version/version.go
index c7a3cbf38b..a708f4f9a6 100644
--- a/version/version.go
+++ b/version/version.go
@@ -9,7 +9,7 @@ var (
 const (
 	// TMVersionDefault is the used as the fallback version for Tenderdash
 	// when not using git describe. It is formatted with semantic versioning.
-	TMVersionDefault = "0.8.0-dev.4"
+	TMVersionDefault = "0.8.0-dev.7"
 	// ABCISemVer is the semantic version of the ABCI library
 	ABCISemVer = "0.19.0"