In this blogpost I describe how you can easily update your Onedrive 4 B version to the latest version.
Go to the following directory : %appdata%\Local\Microsoft\Onedrive
There you will find the following files and folders :
Double click OneDriveStandaloneUpdater.. this automatically downloads the latest version of OneDrive into the Update folder.
Now execute OneDriveSetup to update to the latest version. It’s as easy as that!