diff --git a/.bumpversion_client.cfg b/.bumpversion_client.cfg
index 35602500c0..e798c530c6 100644
--- a/.bumpversion_client.cfg
+++ b/.bumpversion_client.cfg
@@ -1,5 +1,5 @@
 [bumpversion]
-current_version = 3.0.0rc7
+current_version = 3.0.0rc8
 commit = False
 tag = False
 
diff --git a/docs/conf.py b/docs/conf.py
index dcc6c615bc..1ffb8ef1e2 100644
--- a/docs/conf.py
+++ b/docs/conf.py
@@ -100,7 +100,7 @@ def setup(app):
 project = "Raiden Network"
 author = "Raiden Project"
 
-version_string = "3.0.0rc7"
+version_string = "3.0.0rc8"
 # The version info for the project you're documenting, acts as replacement for
 # |version| and |release|, also used in various other places throughout the
 # built documents.