Monero Blockchain Reorg Invalidates 118 Transactions in Largest Incident

Monero underwent an 18-block reorganization, its largest to date, affecting 118 confirmed transactions and reversing approximately 36 minutes of transaction history.
The event was linked to Qubic, a layer-1 blockchain focused on AI, which had gained control of over half of Monero's mining power.
Qubic implements a "useful proof-of-work" (uPoW) system, using Monero mining rewards to buy and burn its own token.
Despite the disruption, Monero's price temporarily surged to a two-month high of about $333, before decreasing to around $307.5, with a marked increase in trading activity.
The Monero community is contemplating the use of DNS checkpoints as a preventative measure against future reorganizations, although this has prompted discussions regarding potential impacts on decentralization.