diff --git a/common.gypi b/common.gypi
index cddedd639adc0d..fe02c044c6f2dd 100644
--- a/common.gypi
+++ b/common.gypi
@@ -36,7 +36,7 @@
 
     # Reset this number to 0 on major V8 upgrades.
     # Increment by one for each non-official patch applied to deps/v8.
-    'v8_embedder_string': '-node.47',
+    'v8_embedder_string': '-node.48',
 
     ##### V8 defaults for Node.js #####
 
diff --git a/deps/v8/test/mjsunit/mjsunit.status b/deps/v8/test/mjsunit/mjsunit.status
index 1fb864e04a86fe..dd34390b81ff1e 100644
--- a/deps/v8/test/mjsunit/mjsunit.status
+++ b/deps/v8/test/mjsunit/mjsunit.status
@@ -38,6 +38,15 @@
   # All tests in the bug directory are expected to fail.
   'bugs/*': [FAIL],
 
+  ##############################################################################
+  # LTS failing tests.
+  # Introduced in https://chromium-review.googlesource.com/c/v8/v8/+/2584242
+  'regress/wasm/regress-1146861': [SKIP],
+  # Introduced in https://chromium-review.googlesource.com/c/v8/v8/+/2656263
+  'regress/wasm/regress-1153442': [SKIP],
+  # Introduced in https://chromium-review.googlesource.com/c/v8/v8/+/2649176
+  'regress/wasm/regress-1161654': [SKIP],
+
   ##############################################################################
   # Open bugs.