diff --git a/glib-2.70.2.tar.xz b/glib-2.70.2.tar.xz
deleted file mode 100644
index 39a2e53..0000000
--- a/glib-2.70.2.tar.xz
+++ /dev/null
@@ -1,3 +0,0 @@
-version https://git-lfs.github.com/spec/v1
-oid sha256:0551459c85cd3da3d58ddc9016fd28be5af503f5e1615a71ba5b512ac945806f
-size 4822356
diff --git a/glib-2.70.3.tar.xz b/glib-2.70.3.tar.xz
new file mode 100644
index 0000000..5c095d4
--- /dev/null
+++ b/glib-2.70.3.tar.xz
@@ -0,0 +1,3 @@
+version https://git-lfs.github.com/spec/v1
+oid sha256:233fa4841c1e19e396db7607d58f6b75ba3313c50bf0fce07b2e3532d5eb7d46
+size 4824700
diff --git a/glib2.changes b/glib2.changes
index 0ffd8fa..c208caa 100644
--- a/glib2.changes
+++ b/glib2.changes
@@ -1,3 +1,19 @@
+-------------------------------------------------------------------
+Wed Jan 26 15:30:44 UTC 2022 - Bjørn Lie <bjorn.lie@gmail.com>
+
+- Update to version 2.70.3:
+  + Several important fixes to FD handling in gspawn.
+  + Several important fixes to GDBus message and GVariant parsing
+    of invalid data.
+  + Fix potential data loss due to missing fsync when saving files
+    on btrfs.
+  + Bugs fixed: glgo#GNOME/GLib#2503, glgo#GNOME/GLib#2506,
+    glgo#GNOME/GLib#2557, glgo#GNOME/GLib#2572,
+    glgo#GNOME/GLib#2580, glgo#GNOME/GLib!2394,
+    glgo#GNOME/GLib!2415, glgo#GNOME/GLib!2437,
+    glgo#GNOME/GLib!2444, glgo#GNOME/GLib!2455.
+  + Updated translations.
+
 -------------------------------------------------------------------
 Fri Dec  3 18:48:54 UTC 2021 - Bjørn Lie <bjorn.lie@gmail.com>
 
diff --git a/glib2.spec b/glib2.spec
index 1de8024..f755654 100644
--- a/glib2.spec
+++ b/glib2.spec
@@ -1,7 +1,7 @@
 #
 # spec file for package glib2
 #
-# Copyright (c) 2021 SUSE LLC
+# Copyright (c) 2022 SUSE LLC
 #
 # All modifications and additions to the file contributed by third parties
 # remain the property of their copyright owners, unless otherwise agreed
@@ -19,7 +19,7 @@
 %bcond_without     systemtap
 %bcond_without gtk_doc
 Name:           glib2
-Version:        2.70.2
+Version:        2.70.3
 Release:        0
 Summary:        General-Purpose Utility Library
 License:        LGPL-2.1-or-later