diff --git a/Changelog b/Changelog
index e1d184f8..54b99c0d 100644
--- a/Changelog
+++ b/Changelog
@@ -1,7 +1,4 @@
-### Added
-
-
-### Changed
-
-
-### Fixed
\ No newline at end of file
+### Fixed
+- Fixed the protein coverage calculations with partially overlapping and subsumed peptides
+- Fixed an issue where peptides would map to multiple locations in the protein after having I/L converted (Needs to be used with MSFragger v3.6.1 or higher)
+- Fixed an issue with report tables having no isobaric labels being reported
\ No newline at end of file
diff --git a/Makefile b/Makefile
index 9e7ea8b5..c07ce4e3 100644
--- a/Makefile
+++ b/Makefile
@@ -6,8 +6,8 @@ BINARY = philosopher
 VERSION = $(shell date +%Y%m%d)
 BUILD = $(shell  date +%Y%m%d%H%M)
 
-TAG = v4.7.1
-RC = RC-2
+TAG = v4.8.0
+RC = RC
 
 LDFLAGS = -ldflags "-w -s -extldflags -static -X main.version=${TAG} -X main.build=${BUILD}"
 
diff --git a/README.md b/README.md
index 25590447..d037ec22 100644
--- a/README.md
+++ b/README.md
@@ -3,13 +3,13 @@
 </p>
 
 [![Release](https://img.shields.io/github/release/nesvilab/philosopher.svg?color=purple&style=for-the-badge)](https://github.com/Nesvilab/philosopher/releases/latest)
-![Golang](https://img.shields.io/badge/Go-1.19.3-blue.svg?style=for-the-badge)
+![Golang](https://img.shields.io/badge/Go-1.19.4-blue.svg?style=for-the-badge)
 [![Go Report Card](https://goreportcard.com/badge/github.com/Nesvilab/philosopher?style=for-the-badge&color=red&logo=appveyor)](https://goreportcard.com/report/github.com/Nesvilab/philosopher)
 ![GitHub](https://img.shields.io/github/license/Nesvilab/philosopher?style=for-the-badge)
 ![](https://img.shields.io/github/downloads/Nesvilab/philosopher/total.svg?color=red&style=for-the-badge)
 ![GitHub Workflow Status](https://img.shields.io/github/actions/workflow/status/Nesvilab/philosopher/go.yml?style=for-the-badge)
 
-#### Philosopher is fast, easy-to-use, scalable, and versatile data analysis software for mass spectrometry-based proteomics. Philosopher is dependency-free and can analyze both traditional database searches and open searches for post-translational modification (PTM) discovery. 
+#### Philosopher is a fast, easy-to-use, scalable, and versatile data analysis software for mass spectrometry-based proteomics. Philosopher is dependency-free and can analyze both traditional database searches and open searches for post-translational modification (PTM) discovery. 
 
 - Database downloading and formatting.
 
@@ -36,6 +36,7 @@
 
 - Multi-level detailed reports for peptides, ions, and proteins.
 
+- Support for REPRINT and MSstats.
 
 ## Download
 Download the latest version [here](https://github.com/nesvilab/philosopher/releases/latest).
@@ -61,14 +62,11 @@ If you have any questions or remarks please use the [Discussion board](https://g
 ## How to cite
 da Veiga Leprevost F, Haynes SE, Avtonomov DM, Chang HY, Shanmugam AK, Mellacheruvu D, Kong AT, Nesvizhskii AI. [Philosopher: a versatile toolkit for shotgun proteomics data analysis](https://doi.org/10.1038/s41592-020-0912-y). Nat Methods. 2020 Sep;17(9):869-870. doi: 10.1038/s41592-020-0912-y. PMID: 32669682; PMCID: PMC7509848.
 
-## About the developers
-[Felipe da Veiga Leprevost](http://prvst.github.io)
+## About the authors, and contributors
+[Felipe da Veiga Leprevost (main author)](http://prvst.github.io)
 
 [Sarah Haynes](https://scholar.google.com/citations?user=HtRSUKkAAAAJ&hl=en)
 
 [Guo Ci Teo](https://github.com/guoci)
 
 [Alexey Nesvizhskii's research group](http://www.nesvilab.org/)
-
-## License
-GPL 3