diff --git a/pkgs/applications/altcoins/monero-gui/default.nix b/pkgs/applications/altcoins/monero-gui/default.nix
index 2aff86ae1d38..49b8db51bcc8 100644
--- a/pkgs/applications/altcoins/monero-gui/default.nix
+++ b/pkgs/applications/altcoins/monero-gui/default.nix
@@ -12,13 +12,13 @@ with stdenv.lib;
 
 stdenv.mkDerivation rec {
   name = "monero-gui-${version}";
-  version = "0.12.0.0";
+  version = "0.12.3.0";
 
   src = fetchFromGitHub {
     owner  = "monero-project";
     repo   = "monero-gui";
     rev    = "v${version}";
-    sha256 = "1mg5ival8a2wdp14yib4wzqax4xyvd40zjy9anhszljds1439jhl";
+    sha256 = "1ry0455cgirkc6n46qnlv5p49axjllil78xmx6469nbp3a2r3z7i";
   };
 
   nativeBuildInputs = [ qmake pkgconfig ];
@@ -70,7 +70,8 @@ stdenv.mkDerivation rec {
     cp ${desktopItem}/share/applications/* $out/share/applications
 
     # install translations
-    cp -r release/bin/translations $out/share/
+    mkdir -p $out/share/translations
+    cp translations/*.qm $out/share/translations/
 
     # install icons
     for n in 16 24 32 48 64 96 128 256; do
diff --git a/pkgs/applications/altcoins/monero-gui/move-log-file.patch b/pkgs/applications/altcoins/monero-gui/move-log-file.patch
index 08840c6a65e8..74f817d81350 100644
--- a/pkgs/applications/altcoins/monero-gui/move-log-file.patch
+++ b/pkgs/applications/altcoins/monero-gui/move-log-file.patch
@@ -1,38 +1,27 @@
 diff --git a/main.cpp b/main.cpp
-index c03b160..a8ea263 100644
+index 79223c0..e80b317 100644
 --- a/main.cpp
 +++ b/main.cpp
-@@ -80,14 +80,16 @@ int main(int argc, char *argv[])
- //    qDebug() << "High DPI auto scaling - enabled";
- //#endif
- 
--    // Log settings
--    Monero::Wallet::init(argv[0], "monero-wallet-gui");
--//    qInstallMessageHandler(messageHandler);
--
-     MainApp app(argc, argv);
- 
-     qDebug() << "app startd";
- 
-+    // Log settings
-+    QString logfile =
-+      QStandardPaths::writableLocation(QStandardPaths::CacheLocation)
-+      + "/monero-wallet-gui.log";
-+    Monero::Wallet::init(argv[0], logfile.toUtf8().constData());
-+
-     app.setApplicationName("monero-core");
-     app.setOrganizationDomain("getmonero.org");
-     app.setOrganizationName("monero-project");
-diff --git a/src/libwalletqt/Wallet.cpp b/src/libwalletqt/Wallet.cpp
-index 74649ce..fe1efc6 100644
---- a/src/libwalletqt/Wallet.cpp
-+++ b/src/libwalletqt/Wallet.cpp
-@@ -729,7 +729,7 @@ QString Wallet::getWalletLogPath() const
- #ifdef Q_OS_MACOS
-     return QStandardPaths::standardLocations(QStandardPaths::HomeLocation).at(0) + "/Library/Logs/" + filename;
- #else
--    return QCoreApplication::applicationDirPath() + "/" + filename;
-+    return QStandardPaths::writableLocation(QStandardPaths::CacheLocation) + filename;
+@@ -115,6 +115,9 @@ int main(int argc, char *argv[])
+     QCommandLineOption logPathOption(QStringList() << "l" << "log-file",
+         QCoreApplication::translate("main", "Log to specified file"),
+         QCoreApplication::translate("main", "file"));
++    logPathOption.setDefaultValue(
++        QStandardPaths::writableLocation(QStandardPaths::CacheLocation)
++        + "/monero-wallet-gui.log");
+     parser.addOption(logPathOption);
+     parser.addHelpOption();
+     parser.process(app);
+diff --git a/Logger.cpp b/Logger.cpp
+index 660bafc..dae24d4 100644
+--- a/Logger.cpp
++++ b/Logger.cpp
+@@ -15,7 +15,7 @@ static const QString default_name = "monero-wallet-gui.log";
+ #elif defined(Q_OS_MAC)
+     static const QString osPath = QStandardPaths::standardLocations(QStandardPaths::HomeLocation).at(0) + "/Library/Logs";
+ #else // linux + bsd
+-    static const QString osPath = QStandardPaths::standardLocations(QStandardPaths::HomeLocation).at(0);
++    static const QString osPath = QStandardPaths::standardLocations(QStandardPaths::CacheLocation).at(0);
  #endif
- }
+ 
  
diff --git a/pkgs/applications/altcoins/monero-gui/move-translations-dir.patch b/pkgs/applications/altcoins/monero-gui/move-translations-dir.patch
index 29bb56301547..ff17ce5da1c0 100644
--- a/pkgs/applications/altcoins/monero-gui/move-translations-dir.patch
+++ b/pkgs/applications/altcoins/monero-gui/move-translations-dir.patch
@@ -1,14 +1,13 @@
 diff --git a/TranslationManager.cpp b/TranslationManager.cpp
-index fa39d35..5a410f7 100644
+index e7fc52a..83534cc 100644
 --- a/TranslationManager.cpp
 +++ b/TranslationManager.cpp
-@@ -29,7 +29,7 @@ bool TranslationManager::setLanguage(const QString &language)
- #ifdef Q_OS_MACX
-     QString dir = qApp->applicationDirPath() + "/../Resources/translations";
- #else
+@@ -25,7 +25,7 @@ bool TranslationManager::setLanguage(const QString &language)
+         return true;
+     }
+ 
 -    QString dir = qApp->applicationDirPath() + "/translations";
 +    QString dir = qApp->applicationDirPath() + "/../share/translations";
- #endif
- 
      QString filename = "monero-core_" + language;
-
+ 
+     qDebug("%s: loading translation file '%s' from '%s'",