diff --git a/CHANGELOG.md b/CHANGELOG.md
index f6a8479fdf7d..0f15a59c20fa 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -20,6 +20,31 @@ Code v99.99.999
 
 -->
 
+## [4.8.0](https://github.com/coder/code-server/releases/tag/v4.8.0) - 2022-10-24
+
+Code v1.72.1
+
+### Added
+
+- Support for the Ports panel which leverages code-server's built-in proxy. It
+  also uses `VSCODE_PROXY_URI` where `{{port}}` is replace when forwarding a port.
+  Example: `VSCODE_PROXY_URI=https://{{port}}.kyle.dev` would forward an
+  application running on localhost:3000 to https://3000.kyle.dev
+- Support for `--disable-workspace-trust` CLI flag
+- Support for `--goto` flag to open file @ line:column
+- Added Ubuntu-based images for Docker releases. If you run into issues with
+  `PATH` being overwritten in Docker please try the Ubuntu image as this is a
+  problem in the Debian base image.
+
+### Changed
+
+- Updated Code to 1.72.1
+
+### Fixed
+
+- Enabled `BROWSER` environment variable
+- Patched `asExternalUri` to work so now extensions run inside code-server can use it
+
 ## [4.7.1](https://github.com/coder/code-server/releases/tag/v4.7.1) - 2022-09-30
 
 Code v1.71.2
diff --git a/ci/helm-chart/Chart.yaml b/ci/helm-chart/Chart.yaml
index 6414cd616332..01a24f0e7397 100644
--- a/ci/helm-chart/Chart.yaml
+++ b/ci/helm-chart/Chart.yaml
@@ -15,9 +15,9 @@ type: application
 # This is the chart version. This version number should be incremented each time you make changes
 # to the chart and its templates, including the app version.
 # Versions are expected to follow Semantic Versioning (https://semver.org/)
-version: 3.2.3
+version: 3.3.0
 
 # This is the version number of the application being deployed. This version number should be
 # incremented each time you make changes to the application. Versions are not expected to
 # follow Semantic Versioning. They should reflect the version the application is using.
-appVersion: 4.7.1
+appVersion: 4.8.0
diff --git a/ci/helm-chart/values.yaml b/ci/helm-chart/values.yaml
index a01aaa9d7c5b..0767a69707c0 100644
--- a/ci/helm-chart/values.yaml
+++ b/ci/helm-chart/values.yaml
@@ -6,7 +6,7 @@ replicaCount: 1
 
 image:
   repository: codercom/code-server
-  tag: '4.7.1'
+  tag: '4.8.0'
   pullPolicy: Always
 
 # Specifies one or more secrets to be used when pulling images from a
diff --git a/docs/helm.md b/docs/helm.md
index 5cfdbeb0ff09..cf33d82892cf 100644
--- a/docs/helm.md
+++ b/docs/helm.md
@@ -1,6 +1,6 @@
 # code-server Helm Chart
 
-[![Version: 1.0.0](https://img.shields.io/badge/Version-1.0.0-informational?style=flat-square)](https://img.shields.io/badge/Version-1.0.0-informational?style=flat-square) [![Type: application](https://img.shields.io/badge/Type-application-informational?style=flat-square)](https://img.shields.io/badge/Type-application-informational?style=flat-square) [![AppVersion: 4.7.1](https://img.shields.io/badge/AppVersion-4.7.1-informational?style=flat-square)](https://img.shields.io/badge/AppVersion-4.7.1-informational?style=flat-square)
+[![Version: 1.0.0](https://img.shields.io/badge/Version-1.0.0-informational?style=flat-square)](https://img.shields.io/badge/Version-1.0.0-informational?style=flat-square) [![Type: application](https://img.shields.io/badge/Type-application-informational?style=flat-square)](https://img.shields.io/badge/Type-application-informational?style=flat-square) [![AppVersion: 4.8.0](https://img.shields.io/badge/AppVersion-4.8.0-informational?style=flat-square)](https://img.shields.io/badge/AppVersion-4.8.0-informational?style=flat-square)
 
 [code-server](https://github.com/coder/code-server) code-server is VS Code running
 on a remote server, accessible through the browser.
@@ -73,7 +73,7 @@ and their default values.
 | hostnameOverride                            | string | `""`                     |
 | image.pullPolicy                            | string | `"Always"`               |
 | image.repository                            | string | `"codercom/code-server"` |
-| image.tag                                   | string | `"4.7.1"`                |
+| image.tag                                   | string | `"4.8.0"`                |
 | imagePullSecrets                            | list   | `[]`                     |
 | ingress.enabled                             | bool   | `false`                  |
 | nameOverride                                | string | `""`                     |
diff --git a/docs/manifest.json b/docs/manifest.json
index e5e7aae3164c..d123dabad2ae 100644
--- a/docs/manifest.json
+++ b/docs/manifest.json
@@ -1,5 +1,5 @@
 {
-  "versions": ["v4.7.1"],
+  "versions": ["v4.8.0"],
   "routes": [
     {
       "title": "Home",
diff --git a/package.json b/package.json
index 9c9e2193cdb0..9b3a93e3b592 100644
--- a/package.json
+++ b/package.json
@@ -1,7 +1,7 @@
 {
   "name": "code-server",
   "license": "MIT",
-  "version": "4.7.1",
+  "version": "4.8.0",
   "description": "Run VS Code on a remote server.",
   "homepage": "https://github.com/coder/code-server",
   "bugs": {
diff --git a/patches/telemetry.diff b/patches/telemetry.diff
index a57f2736d960..84b72d6d2aef 100644
--- a/patches/telemetry.diff
+++ b/patches/telemetry.diff
@@ -3,7 +3,7 @@ Add support for telemetry endpoint
 To test:
 1. Create a RequestBin - https://requestbin.io/
 2. Run code-server with `CS_TELEMETRY_URL` set: 
-  i.e. `CS_TELEMETRY_URL="https://requestbin.io/1ebub9z1" ./code-server-4.7.1-macos-amd64/bin/code-server`
+  i.e. `CS_TELEMETRY_URL="https://requestbin.io/1ebub9z1" ./code-server-4.8.0-macos-amd64/bin/code-server`
 3. Load code-server in browser an do things (i.e. open a file)
 4. Refresh RequestBin and you should see logs
 
diff --git a/test/unit/node/test-plugin/package.json b/test/unit/node/test-plugin/package.json
index d3ac54843236..57be09429d67 100644
--- a/test/unit/node/test-plugin/package.json
+++ b/test/unit/node/test-plugin/package.json
@@ -3,7 +3,7 @@
   "name": "test-plugin",
   "version": "1.0.0",
   "engines": {
-    "code-server": "^4.7.1"
+    "code-server": "^4.8.0"
   },
   "main": "out/index.js",
   "devDependencies": {