diff --git a/.bumpversion.cfg b/.bumpversion.cfg
index dc2e0ac..cd5ff0e 100644
--- a/.bumpversion.cfg
+++ b/.bumpversion.cfg
@@ -1,5 +1,5 @@
 [bumpversion]
-current_version = 2021.05.0rc2
+current_version = 2021.05.0rc3
 commit = True
 tag = True
 tag_name = {new_version}
diff --git a/CHANGELOG.md b/CHANGELOG.md
index f411e8c..a36ff5e 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,6 +1,8 @@
 ## Changelog
-- 2021-05-10 - `2021.05.0-rc` - **Release Candidate**
-  - Upgrad Synapse to 1.33.0
+- 2021-05-12 - `2021.05.0-rc3` - **Release Candidate**
+  - internal module to update federation whitelist
+- 2021-05-10 - `2021.05.0-rc1` - **Release Candidate**
+  - Upgrade Synapse to 1.33.0
   - Use Presence Router Module to distribute presences to PFS
   - Remove global rooms and Room Ensurer
   - Temporarily switch back to one main process in synapse
diff --git a/README.md b/README.md
index 76ec2c2..0699ccf 100644
--- a/README.md
+++ b/README.md
@@ -151,11 +151,11 @@ can identify this, if there is an `rcX` at the end of the version (E.g. `2019.03
 [latest full release](https://github.com/raiden-network/raiden-service-bundle/releases/latest). If the version is
 different from what you see below, you should stick to the "full release" and replace the version accordingly.
 
-1. Clone the [current release version of this repository](https://github.com/raiden-network/raiden-service-bundle/tree/2021.05.0rc2)
+1. Clone the [current release version of this repository](https://github.com/raiden-network/raiden-service-bundle/tree/2021.05.0rc3)
    to a suitable location on the server:
 
    ```shell
-   git clone -b 2021.05.0rc2 https://github.com/raiden-network/raiden-service-bundle.git
+   git clone -b 2021.05.0rc3 https://github.com/raiden-network/raiden-service-bundle.git
    ```
 1. Copy `.env.template` to `.env` and modify the values to fit your setup. Please read [Configuring the `.env` file](#configuring-the-env-file) for detailed information.
    - We would appreciate it if you allow us access to the monitoring interfaces
diff --git a/docker-compose.yml b/docker-compose.yml
index 1c95447..8f097bb 100644
--- a/docker-compose.yml
+++ b/docker-compose.yml
@@ -5,11 +5,11 @@ x-versions:
   services: &IMAGE_RAIDEN_SERVICES_VERSION
     image: raidennetwork/raiden-services:v0.15.2
   db: &IMAGE_DB_VERSION
-    image: raidennetwork/raiden-service-bundle:2021.05.0rc2-db
+    image: raidennetwork/raiden-service-bundle:2021.05.0rc3-db
   synapse: &IMAGE_SYNAPSE_VERSION
-    image: raidennetwork/raiden-service-bundle:2021.05.0rc2-synapse
+    image: raidennetwork/raiden-service-bundle:2021.05.0rc3-synapse
   well-known-server: &IMAGE_WELL_KNOWN_VERSION
-    image: raidennetwork/raiden-service-bundle:2021.05.0rc2-well_known_server
+    image: raidennetwork/raiden-service-bundle:2021.05.0rc3-well_known_server
   redis: &IMAGE_REDIS_VERSION
     image: redis:6.0
   metrics_db: &IMAGE_METRICS_DB_VERSION