diff --git a/CHANGELOG.md b/CHANGELOG.md
index 3960c4350..2157b5753 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,6 +1,40 @@
 # dre Changelog
 
 <!-- insertion marker -->
+## [0.5.8](https://github.com/dfinity/dre/releases/tag/0.5.8) - 2025-01-13
+
+<small>[Compare with first commit](https://github.com/dfinity/dre/compare/fbfca2c53582ac763b8b660e0ae4e77bd23b907f...0.5.8)</small>
+
+### Features
+
+- add security_fix flag to skip security updates (#1187) ([2e34f72](https://github.com/dfinity/dre/commit/2e34f721e2d9746d03794981ccb9198f49bef900) by Saša Tomić).
+- improve node provider queries with info from governance canister (#1175) ([8608c99](https://github.com/dfinity/dre/commit/8608c9946e5d6a1d1ea1a554e9c03207260d6a89) by Saša Tomić).
+- add release candidate for 2025-01-03 (#1170) ([5a634d7](https://github.com/dfinity/dre/commit/5a634d7ae40465269f64a5339a84f74fd6862a9b) by StephanusFischer).
+- add release candidate for 2025-01-03 ([2acab1d](https://github.com/dfinity/dre/commit/2acab1d7b9ba3c13cb5bb032e364f15b6a2504ea) by Saša Tomić).
+- Add missing NodeOperator node feature and update offboarding for sygnum zh5 (#1166) ([f0dea0e](https://github.com/dfinity/dre/commit/f0dea0e95b8784be7160c0e47da910054e553e4a) by Saša Tomić).
+- Adding possibility to override neurons per command (#1159) ([a2e006d](https://github.com/dfinity/dre/commit/a2e006d6f54a6f0929f510bed2ce234bd3c12ffd) by Nikola Milosavljevic).
+- add aliases for private_key_pem and neuron_id options (#1158) ([4e20800](https://github.com/dfinity/dre/commit/4e20800194b51c9414d50857c6272a586d84b2f7) by Saša Tomić).
+- add ability to omit/ignore a list of nodes when healing the entire network (#1143) ([a3e10ae](https://github.com/dfinity/dre/commit/a3e10ae908b565e798bb2b56f772f3b70d4205a1) by Saša Tomić).
+
+### Bug Fixes
+
+- remove cargo-deny installation (#1191) ([5f06a81](https://github.com/dfinity/dre/commit/5f06a8136dc96fd98b1fec65b289f2c052a190d4) by Saša Tomić).
+- boundary nodes update script migration to github (#1179) ([af5d423](https://github.com/dfinity/dre/commit/af5d42351b5eea829b4ef6073bcb9750af2b437d) by Nikola Milosavljevic).
+- adjust new line for forum post link formatting (#1174) ([ea3ea30](https://github.com/dfinity/dre/commit/ea3ea30fc9be5a3e4541a892a9a1d54ae3d1ac26) by Saša Tomić).
+- remove suppression of stdout and stderr in Git commands (#1172) ([63753dc](https://github.com/dfinity/dre/commit/63753dc97ef5b8ee7b760c9a8d4ad8b54efd27ae) by Saša Tomić).
+- correct a typo and add a past security hotfix (#1171) ([8483556](https://github.com/dfinity/dre/commit/8483556a032e946f84d561017301742a5983d66b) by Saša Tomić).
+- Update proposal submission notification message (#1164) ([7cb6022](https://github.com/dfinity/dre/commit/7cb6022391488d31686ba27df961eba3d3b66f76) by Saša Tomić).
+- Fix some typos in the list of cordoned nodes/DCs (#1163) ([ae312c0](https://github.com/dfinity/dre/commit/ae312c00229b763a80c2da7ee3eb1643c69c2db4) by Saša Tomić).
+- Limit the number of nodes removed from subnets for cordone (#1162) ([edc2aa5](https://github.com/dfinity/dre/commit/edc2aa5514a40bec33178741e7351dee9bc15d0a) by Saša Tomić).
+- improve logic for opening up verified subnets (#1154) ([3cc9a46](https://github.com/dfinity/dre/commit/3cc9a466eeebea43812b249e2a64910c8c9a8737) by Saša Tomić).
+- update discourse forum posts contents for subnet proposals (#1151) ([e48aa11](https://github.com/dfinity/dre/commit/e48aa111cc10c29bcc0944b3e31162855fbada61) by Saša Tomić).
+- ensure local cache and registry directories are created if they do not exist (#1150) ([9cdd83c](https://github.com/dfinity/dre/commit/9cdd83c8ae8fc6dd149b88ffeac126e1d59decec) by Saša Tomić).
+- update explanations for data center offboarding with relevant links (#1142) ([601ce4c](https://github.com/dfinity/dre/commit/601ce4c8f9e7bcf2680941ad87d23c5f755e8ced) by Saša Tomić).
+
+### Code Refactoring
+
+- Refactoring discourse to create posts to a single topic per subnet (#1148) ([c24be37](https://github.com/dfinity/dre/commit/c24be37c347a66dddea024a07ad64954eb984559) by Nikola Milosavljevic).
+
 ## [0.5.7](https://github.com/dfinity/dre/releases/tag/0.5.7) - 2024-12-06
 
 <small>[Compare with first commit](https://github.com/dfinity/dre/compare/703c88841543adc7ef06ff40361b7bf6b7894ea1...0.5.7)</small>
diff --git a/Cargo.Bazel.lock b/Cargo.Bazel.lock
index e83a7d1f3..cc1f7748c 100644
--- a/Cargo.Bazel.lock
+++ b/Cargo.Bazel.lock
@@ -1,5 +1,5 @@
 {
-  "checksum": "f057248fe3333221bba8683e81adaa371ced055af99b77f49deffbb1ddd79d2e",
+  "checksum": "ad25e5054b2c46321447aff36b4341b72f46ac147f33a1f9d7ddcaa165f478b3",
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     "actix-codec 0.5.2": {
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@@ -4825,9 +4825,9 @@
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       "license": "Apache-2.0"
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-    "canister-log-fetcher 0.5.7": {
+    "canister-log-fetcher 0.5.8": {
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@@ -4881,7 +4881,7 @@
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@@ -5974,9 +5974,9 @@
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@@ -8340,9 +8340,9 @@
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+    "decentralization 0.5.8": {
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@@ -9574,9 +9574,9 @@
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-    "dre 0.5.7": {
+    "dre 0.5.8": {
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@@ -9662,7 +9662,7 @@
               "target": "dotenv"
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+              "id": "dre 0.5.8",
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@@ -9883,7 +9883,7 @@
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@@ -15228,9 +15228,9 @@
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-    "ic-management-backend 0.5.7": {
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@@ -28506,13 +28506,13 @@
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@@ -29406,9 +29406,9 @@
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@@ -29535,13 +29535,13 @@
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@@ -29607,13 +29607,13 @@
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@@ -29661,7 +29661,7 @@
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@@ -29758,9 +29758,9 @@
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@@ -29913,7 +29913,7 @@
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@@ -30648,9 +30648,9 @@
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-    "obs-canister-clients 0.5.7": {
+    "obs-canister-clients 0.5.8": {
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@@ -33684,9 +33684,9 @@
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-    "prometheus-config-updater 0.5.7": {
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@@ -33780,7 +33780,7 @@
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@@ -38905,9 +38905,9 @@
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@@ -39044,7 +39044,7 @@
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@@ -39535,9 +39535,9 @@
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       "license": "MIT"
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-    "slack-notifications 0.5.7": {
+    "slack-notifications 0.5.8": {
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@@ -39635,7 +39635,7 @@
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@@ -40161,9 +40161,9 @@
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       "license": "MIT OR Apache-2.0"
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-    "sns-downloader 0.5.7": {
+    "sns-downloader 0.5.8": {
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@@ -40229,7 +40229,7 @@
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@@ -43666,9 +43666,9 @@
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-    "trustworthy-node-metrics 0.5.7": {
+    "trustworthy-node-metrics 0.5.8": {
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@@ -43795,13 +43795,13 @@
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@@ -43857,7 +43857,7 @@
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     },
@@ -48222,28 +48222,28 @@
   },
   "binary_crates": [],
   "workspace_members": {
-    "canister-log-fetcher 0.5.7": "rs/canister-log-fetcher",
-    "config-writer-common 0.5.7": "rs/ic-observability/config-writer-common",
-    "decentralization 0.5.7": "rs/decentralization",
-    "dre 0.5.7": "rs/cli",
-    "ic-canisters 0.5.7": "rs/ic-canisters",
-    "ic-management-backend 0.5.7": "rs/ic-management-backend",
-    "ic-management-types 0.5.7": "rs/ic-management-types",
-    "log-fetcher 0.5.7": "rs/log-fetcher",
-    "log-noise-filter-backend 0.5.7": "rs/ic-observability/log-noise-filter-backend",
-    "log-noise-filter-downloader 0.5.7": "rs/ic-observability/log-noise-filter-downloader",
-    "multiservice-discovery 0.5.7": "rs/ic-observability/multiservice-discovery",
-    "multiservice-discovery-downloader 0.5.7": "rs/ic-observability/multiservice-discovery-downloader",
-    "multiservice-discovery-shared 0.5.7": "rs/ic-observability/multiservice-discovery-shared",
-    "node-provider-rewards-lib 0.5.7": "rs/dre-canisters/node-provider-rewards-lib",
-    "node-status-updater 0.5.7": "rs/ic-observability/node-status-updater",
-    "obs-canister-clients 0.5.7": "rs/ic-observability/obs-canister-clients",
-    "prometheus-config-updater 0.5.7": "rs/ic-observability/prometheus-config-updater",
-    "service-discovery 0.5.7": "rs/ic-observability/service-discovery",
-    "slack-notifications 0.5.7": "rs/slack-notifications",
-    "sns-downloader 0.5.7": "rs/ic-observability/sns-downloader",
-    "trustworthy-node-metrics 0.5.7": "rs/dre-canisters/trustworthy-node-metrics/src/trustworthy-node-metrics",
-    "trustworthy-node-metrics-types 0.5.7": "rs/dre-canisters/trustworthy-node-metrics/src/trustworthy-node-metrics-types"
+    "canister-log-fetcher 0.5.8": "rs/canister-log-fetcher",
+    "config-writer-common 0.5.8": "rs/ic-observability/config-writer-common",
+    "decentralization 0.5.8": "rs/decentralization",
+    "dre 0.5.8": "rs/cli",
+    "ic-canisters 0.5.8": "rs/ic-canisters",
+    "ic-management-backend 0.5.8": "rs/ic-management-backend",
+    "ic-management-types 0.5.8": "rs/ic-management-types",
+    "log-fetcher 0.5.8": "rs/log-fetcher",
+    "log-noise-filter-backend 0.5.8": "rs/ic-observability/log-noise-filter-backend",
+    "log-noise-filter-downloader 0.5.8": "rs/ic-observability/log-noise-filter-downloader",
+    "multiservice-discovery 0.5.8": "rs/ic-observability/multiservice-discovery",
+    "multiservice-discovery-downloader 0.5.8": "rs/ic-observability/multiservice-discovery-downloader",
+    "multiservice-discovery-shared 0.5.8": "rs/ic-observability/multiservice-discovery-shared",
+    "node-provider-rewards-lib 0.5.8": "rs/dre-canisters/node-provider-rewards-lib",
+    "node-status-updater 0.5.8": "rs/ic-observability/node-status-updater",
+    "obs-canister-clients 0.5.8": "rs/ic-observability/obs-canister-clients",
+    "prometheus-config-updater 0.5.8": "rs/ic-observability/prometheus-config-updater",
+    "service-discovery 0.5.8": "rs/ic-observability/service-discovery",
+    "slack-notifications 0.5.8": "rs/slack-notifications",
+    "sns-downloader 0.5.8": "rs/ic-observability/sns-downloader",
+    "trustworthy-node-metrics 0.5.8": "rs/dre-canisters/trustworthy-node-metrics/src/trustworthy-node-metrics",
+    "trustworthy-node-metrics-types 0.5.8": "rs/dre-canisters/trustworthy-node-metrics/src/trustworthy-node-metrics-types"
   },
   "conditions": {
     "aarch64-apple-darwin": [
diff --git a/Cargo.lock b/Cargo.lock
index 7939bdbc8..0585383b8 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -971,7 +971,7 @@ dependencies = [
 
 [[package]]
 name = "canister-log-fetcher"
-version = "0.5.7"
+version = "0.5.8"
 dependencies = [
  "anyhow",
  "clap",
@@ -1204,7 +1204,7 @@ dependencies = [
 
 [[package]]
 name = "config-writer-common"
-version = "0.5.7"
+version = "0.5.8"
 dependencies = [
  "crossbeam",
  "crossbeam-channel",
@@ -1664,7 +1664,7 @@ checksum = "092966b41edc516079bdf31ec78a2e0588d1d0c08f78b91d8307215928642b2b"
 
 [[package]]
 name = "decentralization"
-version = "0.5.7"
+version = "0.5.8"
 dependencies = [
  "actix-web",
  "ahash 0.8.11",
@@ -1907,7 +1907,7 @@ checksum = "1435fa1053d8b2fbbe9be7e97eca7f33d37b28409959813daefc1446a14247f1"
 
 [[package]]
 name = "dre"
-version = "0.5.7"
+version = "0.5.8"
 dependencies = [
  "actix-rt",
  "ahash 0.8.11",
@@ -3033,7 +3033,7 @@ dependencies = [
 
 [[package]]
 name = "ic-canisters"
-version = "0.5.7"
+version = "0.5.8"
 dependencies = [
  "anyhow",
  "backoff",
@@ -3137,7 +3137,7 @@ checksum = "dd8ecacd682fa05a985253592963306cb9799622d7b1cce4b1edb89c6ec85be1"
 dependencies = [
  "candid",
  "ic-cdk-macros 0.16.0",
- "ic0 0.23.0 (registry+https://github.com/rust-lang/crates.io-index)",
+ "ic0 0.23.0",
  "serde",
  "serde_bytes",
 ]
@@ -3149,7 +3149,7 @@ source = "git+https://github.com/dfinity/cdk-rs.git?rev=8f57d6d26b1d142b5be4b39e
 dependencies = [
  "candid",
  "ic-cdk-macros 0.17.0",
- "ic0 0.23.0 (git+https://github.com/dfinity/cdk-rs.git?rev=8f57d6d26b1d142b5be4b39ea8ade59d7c848cde)",
+ "ic0 0.23.0",
  "serde",
  "serde_bytes",
 ]
@@ -3230,7 +3230,7 @@ source = "git+https://github.com/dfinity/cdk-rs.git?rev=8f57d6d26b1d142b5be4b39e
 dependencies = [
  "futures",
  "ic-cdk 0.17.0",
- "ic0 0.23.0 (git+https://github.com/dfinity/cdk-rs.git?rev=8f57d6d26b1d142b5be4b39ea8ade59d7c848cde)",
+ "ic0 0.23.0",
  "serde",
  "serde_bytes",
  "slotmap",
@@ -3887,7 +3887,7 @@ dependencies = [
 
 [[package]]
 name = "ic-management-backend"
-version = "0.5.7"
+version = "0.5.8"
 dependencies = [
  "actix-rt",
  "actix-web",
@@ -3964,7 +3964,7 @@ dependencies = [
 
 [[package]]
 name = "ic-management-types"
-version = "0.5.7"
+version = "0.5.8"
 dependencies = [
  "actix-web",
  "ahash 0.8.11",
@@ -5751,7 +5751,7 @@ checksum = "a7a70ba024b9dc04c27ea2f0c0548feb474ec5c54bba33a7f72f873a39d07b24"
 
 [[package]]
 name = "log-fetcher"
-version = "0.5.7"
+version = "0.5.8"
 dependencies = [
  "anyhow",
  "clap",
@@ -5766,7 +5766,7 @@ dependencies = [
 
 [[package]]
 name = "log-noise-filter-backend"
-version = "0.5.7"
+version = "0.5.8"
 dependencies = [
  "axum",
  "clap",
@@ -5781,7 +5781,7 @@ dependencies = [
 
 [[package]]
 name = "log-noise-filter-downloader"
-version = "0.5.7"
+version = "0.5.8"
 dependencies = [
  "anyhow",
  "clap",
@@ -5934,7 +5934,7 @@ checksum = "defc4c55412d89136f966bbb339008b474350e5e6e78d2714439c386b3137a03"
 
 [[package]]
 name = "multiservice-discovery"
-version = "0.5.7"
+version = "0.5.8"
 dependencies = [
  "anyhow",
  "assert_cmd",
@@ -5970,7 +5970,7 @@ dependencies = [
 
 [[package]]
 name = "multiservice-discovery-downloader"
-version = "0.5.7"
+version = "0.5.8"
 dependencies = [
  "clap",
  "crossbeam",
@@ -5991,7 +5991,7 @@ dependencies = [
 
 [[package]]
 name = "multiservice-discovery-shared"
-version = "0.5.7"
+version = "0.5.8"
 dependencies = [
  "erased-serde 0.4.5",
  "ic-sns-wasm",
@@ -6016,7 +6016,7 @@ dependencies = [
 
 [[package]]
 name = "node-provider-rewards-lib"
-version = "0.5.7"
+version = "0.5.8"
 dependencies = [
  "ahash 0.8.11",
  "candid",
@@ -6033,7 +6033,7 @@ dependencies = [
 
 [[package]]
 name = "node-status-updater"
-version = "0.5.7"
+version = "0.5.8"
 dependencies = [
  "anyhow",
  "clap",
@@ -6189,7 +6189,7 @@ dependencies = [
 
 [[package]]
 name = "obs-canister-clients"
-version = "0.5.7"
+version = "0.5.8"
 dependencies = [
  "candid",
  "ic-agent 0.39.1",
@@ -6768,7 +6768,7 @@ dependencies = [
 
 [[package]]
 name = "prometheus-config-updater"
-version = "0.5.7"
+version = "0.5.8"
 dependencies = [
  "anyhow",
  "base64 0.22.1",
@@ -7761,7 +7761,7 @@ dependencies = [
 
 [[package]]
 name = "service-discovery"
-version = "0.5.7"
+version = "0.5.8"
 dependencies = [
  "anyhow",
  "crossbeam",
@@ -7887,7 +7887,7 @@ dependencies = [
 
 [[package]]
 name = "slack-notifications"
-version = "0.5.7"
+version = "0.5.8"
 dependencies = [
  "anyhow",
  "candid",
@@ -8009,7 +8009,7 @@ dependencies = [
 
 [[package]]
 name = "sns-downloader"
-version = "0.5.7"
+version = "0.5.8"
 dependencies = [
  "clap",
  "crossbeam",
@@ -8693,7 +8693,7 @@ dependencies = [
 
 [[package]]
 name = "trustworthy-node-metrics"
-version = "0.5.7"
+version = "0.5.8"
 dependencies = [
  "ahash 0.8.11",
  "anyhow",
@@ -8728,7 +8728,7 @@ dependencies = [
 
 [[package]]
 name = "trustworthy-node-metrics-types"
-version = "0.5.7"
+version = "0.5.8"
 dependencies = [
  "candid",
  "dfn_core",
diff --git a/Cargo.toml b/Cargo.toml
index bc46dca2e..3c02ac7ec 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -27,7 +27,7 @@ members = [
 resolver = "2"
 
 [workspace.package]
-version = "0.5.7"
+version = "0.5.8"
 edition = "2021"
 authors = ["IC Decentralized Reliability Engineering (DRE) Team"]
 description = "Tooling for managing the Internet Computer"
diff --git a/VERSION b/VERSION
index d3532a107..659914ae9 100644
--- a/VERSION
+++ b/VERSION
@@ -1 +1 @@
-0.5.7
+0.5.8
diff --git a/pyproject.toml b/pyproject.toml
index cc813b227..bb228162f 100644
--- a/pyproject.toml
+++ b/pyproject.toml
@@ -1,6 +1,6 @@
 [project]
 name = "dre-repo"
-version = "0.5.7"
+version = "0.5.8"
 description = ""
 authors = [{ name = "DRE Team", email = "dept-DRE@dfinity.org" }]
 readme = "README.md"