diff --git a/CHANGELOG.md b/CHANGELOG.md
index 8a8a0c2ea8..c2f6f82361 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,3 +1,40 @@
+Changes in [1.7.29](https://github.com/vector-im/element-web/releases/tag/v1.7.29) (2021-05-24)
+===============================================================================================
+[Full Changelog](https://github.com/vector-im/element-web/compare/v1.7.29-rc.1...v1.7.29)
+
+## Security notice
+
+Element Web 1.7.29 fixes (by upgrading to olm 3.2.3) an issue in code used for
+decrypting server-side stored secrets. The issue could potentially allow a
+malicious homeserver to cause a stack buffer overflow in the affected function
+and to control that function's local variables.
+
+## All changes
+
+ * Upgrade to React SDK 3.22.0 and JS SDK 11.1.0
+ * [Release] Bump libolm dependency, and update package name
+   [\#17456](https://github.com/vector-im/element-web/pull/17456)
+
+Changes in [1.7.29-rc.1](https://github.com/vector-im/element-web/releases/tag/v1.7.29-rc.1) (2021-05-19)
+=========================================================================================================
+[Full Changelog](https://github.com/vector-im/element-web/compare/v1.7.28...v1.7.29-rc.1)
+
+ * Upgrade to React SDK 3.22.0-rc.1 and JS SDK 11.1.0-rc.1
+ * Translations update from Weblate
+   [\#17384](https://github.com/vector-im/element-web/pull/17384)
+ * Prevent minification of `.html` files
+   [\#17349](https://github.com/vector-im/element-web/pull/17349)
+ * Update matrix-widget-api/react-sdk dependency reference
+   [\#17346](https://github.com/vector-im/element-web/pull/17346)
+ * Add `yarn start:https`
+   [\#16989](https://github.com/vector-im/element-web/pull/16989)
+ * Translations update from Weblate
+   [\#17239](https://github.com/vector-im/element-web/pull/17239)
+ * Remove "in development" flag from voice messages labs documentation
+   [\#17204](https://github.com/vector-im/element-web/pull/17204)
+ * Add required webpack+jest config to load Safari support modules
+   [\#17193](https://github.com/vector-im/element-web/pull/17193)
+
 Changes in [1.7.28](https://github.com/vector-im/element-web/releases/tag/v1.7.28) (2021-05-17)
 ===============================================================================================
 [Full Changelog](https://github.com/vector-im/element-web/compare/v1.7.28-rc.1...v1.7.28)
diff --git a/package.json b/package.json
index 928e6268b2..c73077c92d 100644
--- a/package.json
+++ b/package.json
@@ -1,6 +1,6 @@
 {
   "name": "element-web",
-  "version": "1.7.28",
+  "version": "1.7.29",
   "description": "A feature-rich client for Matrix.org",
   "author": "New Vector Ltd.",
   "repository": {
@@ -54,15 +54,15 @@
     "test": "jest"
   },
   "dependencies": {
+    "@matrix-org/olm": "https://gitlab.matrix.org/api/v4/projects/27/packages/npm/@matrix-org/olm/-/@matrix-org/olm-3.2.3.tgz",
     "browser-request": "^0.3.3",
     "gfm.css": "^1.1.2",
     "highlight.js": "^10.5.0",
     "jsrsasign": "^10.1.5",
     "katex": "^0.12.0",
-    "matrix-js-sdk": "github:matrix-org/matrix-js-sdk#develop",
-    "matrix-react-sdk": "github:matrix-org/matrix-react-sdk#develop",
+    "matrix-js-sdk": "11.1.0",
+    "matrix-react-sdk": "3.22.0",
     "matrix-widget-api": "^0.1.0-beta.14",
-    "@matrix-org/olm": "https://gitlab.matrix.org/api/v4/projects/27/packages/npm/@matrix-org/olm/-/@matrix-org/olm-3.2.3.tgz",
     "prop-types": "^15.7.2",
     "react": "^16.14.0",
     "react-dom": "^16.14.0",
diff --git a/yarn.lock b/yarn.lock
index 048cfda875..aaf3bd4e7f 100644
--- a/yarn.lock
+++ b/yarn.lock
@@ -7652,9 +7652,10 @@ mathml-tag-names@^2.1.3:
   resolved "https://registry.yarnpkg.com/mathml-tag-names/-/mathml-tag-names-2.1.3.tgz#4ddadd67308e780cf16a47685878ee27b736a0a3"
   integrity sha512-APMBEanjybaPzUrfqU0IMU5I0AswKMH7k8OTLs0vvV4KZpExkTkY87nR/zpbuTPj+gARop7aGUbl11pnDfW6xg==
 
-"matrix-js-sdk@github:matrix-org/matrix-js-sdk#develop":
-  version "11.0.0"
-  resolved "https://codeload.github.com/matrix-org/matrix-js-sdk/tar.gz/52a893a8116d60bb76f1b015d3161a15404b3628"
+matrix-js-sdk@11.1.0:
+  version "11.1.0"
+  resolved "https://registry.yarnpkg.com/matrix-js-sdk/-/matrix-js-sdk-11.1.0.tgz#59119f9fe76adbc38b309947c5532baea8499bf1"
+  integrity sha512-yBvSGb33MDz9mfbjtVGO7557kgtY/kJcrFyhtN7LwSyi/TDhhYleq5xAqsi7MJrmIb/E0JIF10JIwlF9dAW64Q==
   dependencies:
     "@babel/runtime" "^7.12.5"
     another-json "^0.2.0"
@@ -7674,9 +7675,10 @@ matrix-mock-request@^1.2.3:
     bluebird "^3.5.0"
     expect "^1.20.2"
 
-"matrix-react-sdk@github:matrix-org/matrix-react-sdk#develop":
-  version "3.21.0"
-  resolved "https://codeload.github.com/matrix-org/matrix-react-sdk/tar.gz/4929e3f3edf8ee15d6ddd27d1f13b4da340bb5b4"
+matrix-react-sdk@3.22.0:
+  version "3.22.0"
+  resolved "https://registry.yarnpkg.com/matrix-react-sdk/-/matrix-react-sdk-3.22.0.tgz#1b6d660737f48e541eb64bda2d8352e454399a79"
+  integrity sha512-HicdBqx5tyHBNW+hpfbKoMNLC2fWwqbtNJwHZ6qzmkRHTAGiVnmxJigbKRuIxHRfWcUF50Sh7kPHN0zIoohmfw==
   dependencies:
     "@babel/runtime" "^7.12.5"
     await-lock "^2.1.0"
@@ -7704,7 +7706,7 @@ matrix-mock-request@^1.2.3:
     katex "^0.12.0"
     linkifyjs "^2.1.9"
     lodash "^4.17.20"
-    matrix-js-sdk "github:matrix-org/matrix-js-sdk#develop"
+    matrix-js-sdk "11.1.0"
     matrix-widget-api "^0.1.0-beta.14"
     minimist "^1.2.5"
     opus-recorder "^8.0.3"