diff --git a/CHANGELOG.md b/CHANGELOG.md
index 790d504..6ec6981 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -6,7 +6,24 @@ The format is based on [Keep a Changelog](https://keepachangelog.com/en/1.0.0/),
 
 ## Releases
 
-### v3.16.0 - [Unreleased]
+### v3.17.0 - [Unreleased]
+
+### v3.16.0 - 2022-12-22
+
+#### Added
+
+- Add PHP 8.2 support ([PR #482](https://github.com/WordOps/WordOps/pull/483)) @janiosarmento
+- Prompt user before WordOps update with `wo update`
+
+#### Changed
+
+- Default PHP version bumped to 8.1
+
+#### Fixed
+
+- psutil dependency upgrade
+- Fix wrong else statements in stack_services.py ([PR #475](https://github.com/WordOps/WordOps/pull/475)) @stodorovic
+
 
 ### v3.15.4 - 2022-10-25
 
diff --git a/config/wo.conf b/config/wo.conf
index ceb2827..698f601 100644
--- a/config/wo.conf
+++ b/config/wo.conf
@@ -79,12 +79,12 @@ keylength = "ec-384"
 [php]
 
 ### Default PHP version
-version = 8.0
+version = 8.1
 
 [mariadb]
 
 ### Default MariaDB release
-release = 10.5
+release = 10.6
 
 [update]
 
diff --git a/install b/install
index 8b8db81..ea4110b 100755
--- a/install
+++ b/install
@@ -9,7 +9,7 @@
 # -------------------------------------------------------------------------
 # wget -qO wo wops.cc && sudo -E bash wo
 # -------------------------------------------------------------------------
-# Version 3.16.0 - 2022-11-14
+# Version 3.16.0 - 2022-12-22
 # -------------------------------------------------------------------------
 
 # CONTENTS