diff --git a/Cargo.lock b/Cargo.lock
index f1b8f54..cb41ae4 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -8,12 +8,6 @@ version = "1.3.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "0c4b4d0bd25bd0b74681c0ad21497610ce1b7c91b1022cd21c80c6fbdd9476b0"
 
-[[package]]
-name = "bitflags"
-version = "2.5.0"
-source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "cf4b9d6a944f767f8e5e0db018570623c85f3d925ac718db4e06d0187adb21c1"
-
 [[package]]
 name = "bs58"
 version = "0.5.1"
@@ -96,6 +90,12 @@ dependencies = [
  "crunchy",
 ]
 
+[[package]]
+name = "heck"
+version = "0.5.0"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "2304e00983f87ffb38b55b444b5e3b60a884b5d30c0fca7d82fe33449bbe55ea"
+
 [[package]]
 name = "idna"
 version = "0.5.0"
@@ -108,9 +108,9 @@ dependencies = [
 
 [[package]]
 name = "indoc"
-version = "1.0.9"
+version = "2.0.5"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "bfa799dd5ed20a7e349f3b4639aa80d74549c81716d9ec4f994c9b5815598306"
+checksum = "b248f5224d1d606005e02c97f5aa4e88eeb230488bcc03bc9ca4d7991399f2b5"
 
 [[package]]
 name = "libc"
@@ -118,16 +118,6 @@ version = "0.2.154"
 source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "ae743338b92ff9146ce83992f766a31066a91a8c84a45e0e9f21e7cf6de6d346"
 
-[[package]]
-name = "lock_api"
-version = "0.4.12"
-source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "07af8b9cdd281b7915f413fa73f29ebd5d55d0d3f0155584dade1ff18cea1b17"
-dependencies = [
- "autocfg",
- "scopeguard",
-]
-
 [[package]]
 name = "memchr"
 version = "2.7.2"
@@ -136,9 +126,9 @@ checksum = "6c8640c5d730cb13ebd907d8d04b52f55ac9a2eec55b440c8892f40d56c76c1d"
 
 [[package]]
 name = "memoffset"
-version = "0.8.0"
+version = "0.9.1"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "d61c719bcfbcf5d62b3a09efa6088de8c54bc0bfcd3ea7ae39fcc186108b8de1"
+checksum = "488016bfae457b036d996092f6cb448677611ce4449e970ceaf42695203f218a"
 dependencies = [
  "autocfg",
 ]
@@ -206,55 +196,39 @@ version = "1.19.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "3fdb12b2476b595f9358c5161aa467c2438859caa136dec86c26fdd2efe17b92"
 
-[[package]]
-name = "parking_lot"
-version = "0.12.2"
-source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "7e4af0ca4f6caed20e900d564c242b8e5d4903fdacf31d3daf527b66fe6f42fb"
-dependencies = [
- "lock_api",
- "parking_lot_core",
-]
-
-[[package]]
-name = "parking_lot_core"
-version = "0.9.10"
-source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "1e401f977ab385c9e4e3ab30627d6f26d00e2c73eef317493c4ec6d468726cf8"
-dependencies = [
- "cfg-if",
- "libc",
- "redox_syscall",
- "smallvec",
- "windows-targets",
-]
-
 [[package]]
 name = "percent-encoding"
 version = "2.3.1"
 source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "e3148f5046208a5d56bcfc03053e3ca6334e51da8dfb19b6cdc8b306fae3283e"
 
+[[package]]
+name = "portable-atomic"
+version = "1.6.0"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "7170ef9988bc169ba16dd36a7fa041e5c4cbeb6a35b76d4c03daded371eae7c0"
+
 [[package]]
 name = "proc-macro2"
-version = "1.0.81"
+version = "1.0.86"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "3d1597b0c024618f09a9c3b8655b7e430397a36d23fdafec26d6965e9eec3eba"
+checksum = "5e719e8df665df0d1c8fbfd238015744736151d4445ec0836b8e628aae103b77"
 dependencies = [
  "unicode-ident",
 ]
 
 [[package]]
 name = "pyo3"
-version = "0.18.3"
+version = "0.22.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "e3b1ac5b3731ba34fdaa9785f8d74d17448cd18f30cf19e0c7e7b1fdb5272109"
+checksum = "1962a33ed2a201c637fc14a4e0fd4e06e6edfdeee6a5fede0dab55507ad74cf7"
 dependencies = [
  "cfg-if",
  "indoc",
  "libc",
  "memoffset",
- "parking_lot",
+ "once_cell",
+ "portable-atomic",
  "pyo3-build-config",
  "pyo3-ffi",
  "pyo3-macros",
@@ -263,9 +237,9 @@ dependencies = [
 
 [[package]]
 name = "pyo3-build-config"
-version = "0.18.3"
+version = "0.22.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "9cb946f5ac61bb61a5014924910d936ebd2b23b705f7a4a3c40b05c720b079a3"
+checksum = "ab7164b2202753bd33afc7f90a10355a719aa973d1f94502c50d06f3488bc420"
 dependencies = [
  "once_cell",
  "target-lexicon",
@@ -273,9 +247,9 @@ dependencies = [
 
 [[package]]
 name = "pyo3-ffi"
-version = "0.18.3"
+version = "0.22.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "fd4d7c5337821916ea2a1d21d1092e8443cf34879e53a0ac653fbb98f44ff65c"
+checksum = "c6424906ca49013c0829c5c1ed405e20e2da2dc78b82d198564880a704e6a7b7"
 dependencies = [
  "libc",
  "pyo3-build-config",
@@ -283,9 +257,9 @@ dependencies = [
 
 [[package]]
 name = "pyo3-macros"
-version = "0.18.3"
+version = "0.22.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "a9d39c55dab3fc5a4b25bbd1ac10a2da452c4aca13bb450f22818a002e29648d"
+checksum = "82b2f19e153122d64afd8ce7aaa72f06a00f52e34e1d1e74b6d71baea396460a"
 dependencies = [
  "proc-macro2",
  "pyo3-macros-backend",
@@ -295,11 +269,13 @@ dependencies = [
 
 [[package]]
 name = "pyo3-macros-backend"
-version = "0.18.3"
+version = "0.22.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "97daff08a4c48320587b5224cc98d609e3c27b6d437315bd40b605c98eeb5918"
+checksum = "dd698c04cac17cf0fe63d47790ab311b8b25542f5cb976b65c374035c50f1eef"
 dependencies = [
+ "heck",
  "proc-macro2",
+ "pyo3-build-config",
  "quote",
  "syn",
 ]
@@ -313,38 +289,17 @@ dependencies = [
  "proc-macro2",
 ]
 
-[[package]]
-name = "redox_syscall"
-version = "0.5.1"
-source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "469052894dcb553421e483e4209ee581a45100d31b4018de03e5a7ad86374a7e"
-dependencies = [
- "bitflags",
-]
-
-[[package]]
-name = "scopeguard"
-version = "1.2.0"
-source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "94143f37725109f92c262ed2cf5e59bce7498c01bcc1502d7b9afe439a4e9f49"
-
 [[package]]
 name = "separator"
 version = "0.4.1"
 source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "f97841a747eef040fcd2e7b3b9a220a7205926e60488e673d9e4926d27772ce5"
 
-[[package]]
-name = "smallvec"
-version = "1.13.2"
-source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "3c5e1a9a646d36c3599cd173a41282daf47c44583ad367b8e6837255952e5c67"
-
 [[package]]
 name = "syn"
-version = "1.0.109"
+version = "2.0.68"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "72b64191b275b66ffe2469e8af2c1cfe3bafa67b529ead792a6d0160888b4237"
+checksum = "901fa70d88b9d6c98022e23b4136f9f3e54e4662c3bc1bd1d84a42a9a0f0c1e9"
 dependencies = [
  "proc-macro2",
  "quote",
@@ -395,9 +350,9 @@ dependencies = [
 
 [[package]]
 name = "unindent"
-version = "0.1.11"
+version = "0.2.3"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "e1766d682d402817b5ac4490b3c3002d91dfa0d22812f341609f97b08757359c"
+checksum = "c7de7d73e1754487cb58364ee906a499937a0dfabd86bcb980fa99ec8c8fa2ce"
 
 [[package]]
 name = "url"
@@ -415,67 +370,3 @@ name = "uuid"
 version = "1.8.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "a183cf7feeba97b4dd1c0d46788634f6221d87fa961b305bed08c851829efcc0"
-
-[[package]]
-name = "windows-targets"
-version = "0.52.5"
-source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "6f0713a46559409d202e70e28227288446bf7841d3211583a4b53e3f6d96e7eb"
-dependencies = [
- "windows_aarch64_gnullvm",
- "windows_aarch64_msvc",
- "windows_i686_gnu",
- "windows_i686_gnullvm",
- "windows_i686_msvc",
- "windows_x86_64_gnu",
- "windows_x86_64_gnullvm",
- "windows_x86_64_msvc",
-]
-
-[[package]]
-name = "windows_aarch64_gnullvm"
-version = "0.52.5"
-source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "7088eed71e8b8dda258ecc8bac5fb1153c5cffaf2578fc8ff5d61e23578d3263"
-
-[[package]]
-name = "windows_aarch64_msvc"
-version = "0.52.5"
-source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "9985fd1504e250c615ca5f281c3f7a6da76213ebd5ccc9561496568a2752afb6"
-
-[[package]]
-name = "windows_i686_gnu"
-version = "0.52.5"
-source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "88ba073cf16d5372720ec942a8ccbf61626074c6d4dd2e745299726ce8b89670"
-
-[[package]]
-name = "windows_i686_gnullvm"
-version = "0.52.5"
-source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "87f4261229030a858f36b459e748ae97545d6f1ec60e5e0d6a3d32e0dc232ee9"
-
-[[package]]
-name = "windows_i686_msvc"
-version = "0.52.5"
-source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "db3c2bf3d13d5b658be73463284eaf12830ac9a26a90c717b7f771dfe97487bf"
-
-[[package]]
-name = "windows_x86_64_gnu"
-version = "0.52.5"
-source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "4e4246f76bdeff09eb48875a0fd3e2af6aada79d409d33011886d3e1581517d9"
-
-[[package]]
-name = "windows_x86_64_gnullvm"
-version = "0.52.5"
-source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "852298e482cd67c356ddd9570386e2862b5673c85bd5f88df9ab6802b334c596"
-
-[[package]]
-name = "windows_x86_64_msvc"
-version = "0.52.5"
-source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "bec47e5bfd1bff0eeaf6d8b485cc1074891a197ab4225d504cb7a1ab88b02bf0"
diff --git a/Cargo.toml b/Cargo.toml
index 6282799..4ff4a9e 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -15,4 +15,4 @@ crate-type = ["cdylib"]
 
 [dependencies]
 cbor-diag-rs = { package = "cbor-diag", version = "0.1.11" }
-pyo3 = "0.18.1"
+pyo3 = "0.22"
diff --git a/src/lib.rs b/src/lib.rs
index a1737c0..5b24ffd 100644
--- a/src/lib.rs
+++ b/src/lib.rs
@@ -18,7 +18,7 @@ fn diag2cbor(py: Python<'_>, diagnostic: &str) -> PyResult<PyObject> {
             cbor_diag_rs::Error::Todo(s) => pyo3::exceptions::PyValueError::new_err(s),
         })?
         .to_bytes();
-    Ok(PyBytes::new(py, &bytes).into())
+    Ok(PyBytes::new_bound(py, &bytes).into())
 }
 
 /// Given a byte string containing encoded CBOR, produce some diagnostic notation.
@@ -57,7 +57,7 @@ fn cbor2diag(_py: Python<'_>, encoded: &[u8], pretty: bool) -> PyResult<String>
 /// .. _RFC8949: https://www.rfc-editor.org/rfc/rfc8949
 /// .. _cbor2: https://pypi.org/project/cbor2/
 #[pymodule]
-fn _cbor_diag(_py: Python, m: &PyModule) -> PyResult<()> {
+fn _cbor_diag(_py: Python, m: &Bound<'_, PyModule>) -> PyResult<()> {
     m.add_function(wrap_pyfunction!(diag2cbor, m)?)?;
     m.add_function(wrap_pyfunction!(cbor2diag, m)?)?;
     Ok(())