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Monero Endures Record 18-Block Reorg as Qubic Pool Seizes Majority Hashrate

Researchers urge services to require 20-plus confirmations following a 43-minute rollback.

Overview

  • An 18-block rollback between heights 3,499,659 and 3,499,676 erased roughly 36 minutes of chain history and invalidated about 117–118 transactions.
  • Observers attributed the event to Qubic briefly controlling over 51% of network hashrate and releasing a longer hidden chain, consistent with withheld mining behavior.
  • Some outlets reported no confirmed double-spends, though accounts differ on whether any reversals amounted to a successful spend conflict.
  • XMR jumped to roughly $308–$330 before settling near $300–$310, with spot volumes up about 25% and derivatives activity and open interest rising.
  • The episode renewed debate over security measures such as merge-mining, localized hardware, or ChainLocks-style protections, following a smaller six-block reorg linked to Qubic in August.