Close Menu
    Facebook X (Twitter) Instagram
    • Privacy Policy
    • Terms Of Service
    • Social Media Disclaimer
    • DMCA Compliance
    • Anti-Spam Policy
    Facebook X (Twitter) Instagram
    Automation Glance
    • Home
    • Crypto News
      • Bitcoin
      • Ethereum
      • Altcoins
      • Blockchain
      • DeFi
    • AI News
    • Stock News
    • Learn
      • AI for Beginners
      • AI Tips
      • Make Money with AI
    • Reviews
    • Tools
      • Best AI Tools
      • Crypto Market Cap List
      • Stock Market Overview
      • Market Heatmap
    • Contact
    Automation Glance
    Home»Crypto News»Altcoins»Monero Rises Over 7% Despite Suffering 18-Block Reorg
    Monero Rises Over 7% Despite Suffering 18-Block Reorg
    Altcoins

    Monero Rises Over 7% Despite Suffering 18-Block Reorg

    September 16, 20253 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email
    murf


    Monero’s privacy token rose more than 7% despite its blockchain suffering an 18-block reorg that reversed around 117 transactions and triggered community concerns over the Monero ecosystem’s future.

    The security breach was committed by the team behind Qubic, a layer-1 AI-focused blockchain and mining pool that amassed 51% hashrate on Monero and committed a six-block reorg last month.

    The reorg started at block 3499659 on Sunday at 5:12 am UTC and finished at block 3499676 roughly 43 minutes later, according to sources who run Monero nodes and shared their command-line consoles on X. 

    Monero’s latest security breach was also confirmed by cryptocurrency protocol researcher Rucknium on GitHub.

    changelly

    Surprisingly, the Monero (XMR) token traded relatively flat while the reorg was happening, and a little over eight hours later, it went on a 7.4% rally from $287.54 to $308.55, CoinGecko data shows. XMR managed to rise despite the broader market dropping around 1% on Sunday.

    Crypto podcaster xenu — one of the first to report Monero’s reorg — suggested Qubic may have been trying to implement mechanisms to “stop the bleeding” of XMR’s price.

    XMR’s change in price over the last 24 hours. Source: CoinGecko

    The reorg — claimed by xenu as the largest in the network’s history — has prompted discussion over how to handle the privacy-chain moving forward.

    The repeated attacks highlight how proof-of-work blockchains can be tampered with when they’re not sufficiently decentralized, hindering their use as a monetary network.

    “Personally, I don’t consider the Monero network reliable at this point. I’ll stop accepting XMR for payments until this situation is resolved,” one crypto pundit, Vini Barbosa, said on Sunday on X.

    Monero may need to centralize to curb Qubic’s influence

    Rucknium said it is “highly likely” that Monero node operators will start temporarily adopting Domain Name System (DNS) checkpoints — where nodes fetch trusted block data from community DNS servers — as a solution to preventing the repeated reorgs.

    However, that comes at a cost to centralization, which some would argue has already been tarnished by Qubic’s more than 51% hash rate share.

    This is what looks like the 19 reorganization blocks in my monerod $XMR pic.twitter.com/30awmyqgCb

    — Ʊɬɱʘ 🏴 a³ ɱ ᕮ 𐤊 ױ א ⛛ (@Ulmonan0) September 14, 2025

    “If no one in the Monero community takes the issue of block reorganization seriously, then this Sword of Damocles will always hang over Monero’s head,” Yu Xian, founder of blockchain security company SlowMist, posted to X.

    Monero has considered solutions to prevent 51% attacks 

    Previously, the Monero community explored a potential overhaul of its proof-of-work consensus mechanism to make the network resistant to 51% attacks.

    Among those proposals included localizing mining hardware, switching to a merge mining algorithm, allowing XMR to be mined with Bitcoin (BTC) and other cryptocurrencies, and adopting Dash’s ChainLocks solution.

    To date, no solution has been effectively implemented, and Qubic still has significant influence over the privacy-focused network.

    Related: Kraken pauses Monero deposits following 51% attack

    Monero had a 10-block lock mechanism to protect transactions from reorgs up to 10 blocks, but the recent 18-block reorg exceeded that safeguard, Rucknium noted.

    Despite the network breaches, XMR has held relatively strong since reports were first made of Qubic’s takeover around July 28, falling only 5.85%.

    Magazine: 3 people who unexpectedly became crypto millionaires… and one who didn’t





    Source link

    aistudios
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    CryptoExpert
    • Website

    Related Posts

    Trump Announces $2K Tariff Dividend for Most Americans

    November 9, 2025

    Investors Eye Storage Coins as Next Market Movers

    November 8, 2025

    Arweave (AR) price forecast as it rides the DePIN sector momentum

    November 7, 2025

    Ripple Announces Major Partnership With Mastercard To Power Payments With XRP Ledger

    November 6, 2025
    Add A Comment

    Comments are closed.

    frase
    Latest Posts

    Nat-Gas Prices Fall on Warm US Temps and Higher US Production

    November 9, 2025

    I Asked 2 Millionaire Real Estate Investors How to Get Started

    November 9, 2025

    The AI That Doesn’t Just Draw, It Directs

    November 9, 2025

    AI Glasses: The Next Big Thing in Wearables | Google Glass, Meta Rayban, Lenskart & More

    November 9, 2025

    GROK AI STEP BY STEP GUIDE 2025 l HOW TO USE GROK AI FOR BEGINNERS l MASTER GROK AI IN 2025

    November 9, 2025
    Customgpt
    LEGAL INFORMATION
    • Privacy Policy
    • Terms Of Service
    • Social Media Disclaimer
    • DMCA Compliance
    • Anti-Spam Policy
    Top Insights

    The impossibility of perfect fairness in transaction ordering

    November 10, 2025

    Bitcoin ETFs Weekly Net Outflows Cross $1 Billion Amid $100,000 Price Restest

    November 10, 2025
    quillbot
    Facebook X (Twitter) Instagram Pinterest
    © 2025 AutomationGlance.com - All rights reserved.

    Type above and press Enter to search. Press Esc to cancel.