Share this article

Monero Suffers Deepest-Ever Blockchain Reorganization, Invalidating 118 Transactions

The reorganization was pinned on Qubic, which has acquired over half of Monero's mining power last month and uses XMR rewards to buy and burn its own token.

Sep 15, 2025, 12:19 p.m.
Glasses in front of monitors with code (Kevin Ku/Unsplash)
(Kevin Ku/Unsplash)

What to know:

  • Monero's blockchain experienced an 18-block reorganization, its deepest to date, which invalidated 118 confirmed transactions and rolled back 36 minutes of transaction history.
  • The reorganization was pinned on Qubic, which has acquired over half of Monero's mining power and uses a "useful proof-of-work" model to repurpose XMR mining rewards to buy and burn its own token.
  • The incident has raised concerns about the reliability of the Monero network, with some commentators suggesting that the community may need to consider solutions such as DNS checkpoints to prevent future reorganizations.

Monero’s blockchain experienced an 18-block reorganization on Sunday, its deepest to date, that effectively invalidated 118 confirmed transactions by rolling back 36 minutes of transaction history.

The reorg began at block height 3,499,659 when Qubic, a lesser-known AI-focused layer-1 blockchain, unleashed a longer chain that Monero’s network nodes accepted, orphaning the other chain’s previously confirmed blocks.

STORY CONTINUES BELOW
Don't miss another story.Subscribe to the The Protocol Newsletter today. See all newsletters

The move is the latest escalation in a campaign by Qubic, which last month acquired more than half of Monero’s mining power. Qubic leverages a “useful proof-of-work” (uPoW) model that repurposes XMR mining rewards and converts them into USDT, which is then used to buy back and burn QUBIC tokens.

Despite the rollback, XMR’s price defied expectations, climbing to a two-month high of $333 after the attack, before seeing a slight drop to $307.5 at the time of writing. The cryptocurrency is still up more than 6.4% in the last 24 hours, while its daily trading volume jumped 78% to $136 million.

“Personally, I don’t consider the Monero network reliable at this point,” said Vini Barbosa, a crypto commentator on X, adding that he would stop accepting XMR payments until the issue is resolved.

“In the last 720 blocks (~24h), 213 blocks have been orphaned (114 produced by known pools and 99 produced by unknown pools or solo miners). That's 29.5% of all blocks,” Vini added. “This is just too much.”

The attack may force the Monero community to make difficult decisions. One proposed solution involves using DNS checkpoints, trusted snapshots of the blockchain, to counteract future reorganizations.

Critics argue this would compromise the network’s decentralization. On GitHub, crypto researcher Rucknium pointed out that the temporary rollout of DNS checkpoints is highly likely to soon be deployed.

More For You

KuCoin Hits Record Market Share as 2025 Volumes Outpace Crypto Market

16:9 Image

KuCoin captured a record share of centralised exchange volume in 2025, with more than $1.25tn traded as its volumes grew faster than the wider crypto market.

What to know:

  • KuCoin recorded over $1.25 trillion in total trading volume in 2025, equivalent to an average of roughly $114 billion per month, marking its strongest year on record.
  • This performance translated into an all-time high share of centralised exchange volume, as KuCoin’s activity expanded faster than aggregate CEX volumes, which slowed during periods of lower market volatility.
  • Spot and derivatives volumes were evenly split, each exceeding $500 billion for the year, signalling broad-based usage rather than reliance on a single product line.
  • Altcoins accounted for the majority of trading activity, reinforcing KuCoin’s role as a primary liquidity venue beyond BTC and ETH at a time when majors saw more muted turnover.
  • Even as overall crypto volumes softened mid-year, KuCoin maintained elevated baseline activity, indicating structurally higher user engagement rather than short-lived volume spikes.

More For You

Tristan Thompson launches prediction market turning NBA stats into stock

Tristan Thompson

NBA veteran Tristan Thompson launched basketball.fun, a new prediction market platform that turns top athletes into tradable assets.

What to know:

How it works: The platform differentiates itself from standard betting by treating the NBA's top 100 players as individual financial assets to collect.

  • Users can buy and open "packs" of players, mimicking the nostalgic experience of buying physical trading cards.
  • Player "share prices" luctuate based on real-time performance, rising if a player records a triple-double or dropping if they struggle after an injury.
  • Users can trade these player shares on a secondary marketplace.