diff --git a/.gitignore b/.gitignore
index 373514b..54924c7 100644
--- a/.gitignore
+++ b/.gitignore
@@ -1 +1 @@
-SOURCES/glib-2.66.7.tar.xz
+SOURCES/glib-2.70.1.tar.xz
diff --git a/.mingw-glib2.metadata b/.mingw-glib2.metadata
index 0eca8d0..fc1ceb4 100644
--- a/.mingw-glib2.metadata
+++ b/.mingw-glib2.metadata
@@ -1 +1 @@
-734a6f1e1edb2292d08e658bfe7f49b41c7eb0c9 SOURCES/glib-2.66.7.tar.xz
+4704b98b3635950e69b86f8dedc01b0e2a7232b9 SOURCES/glib-2.70.1.tar.xz
diff --git a/SPECS/mingw-glib2.spec b/SPECS/mingw-glib2.spec
index 7761e49..e500b2a 100644
--- a/SPECS/mingw-glib2.spec
+++ b/SPECS/mingw-glib2.spec
@@ -4,8 +4,8 @@
 %global __python %{__python3}
 
 Name:           mingw-glib2
-Version:        2.66.7
-Release:        2%{?dist}
+Version:        2.70.1
+Release:        1%{?dist}
 Summary:        MinGW Windows GLib2 library
 
 License:        LGPLv2+
@@ -279,6 +279,10 @@ find $RPM_BUILD_ROOT -name "*.la" -delete
 
 
 %changelog
+* Thu Dec 23 2021 Yan Vugenfirer <yvugenfi@redhat.com> 2.70.1-1
+- Update to 2.70.1
+- Resolves: rhbz#2034959
+
 * Thu Aug 05 2021 Uri Lublin <uril@redhat.com> - 2.66.7-2
 - Rebuilt
   Resolves: rhbz#1939111 (CVE-2021-27219)