Wu Blockchain has learned that Binance's security team recently discovered a malicious governance proposal targeting a project's DAO. The attackers attempted to exploit vulnerabilities in the governance mechanism, putting approximately $1.2 million worth of treasury tokens at risk. With less than 48 hours before the proposal's execution, Binance promptly notified the project team and coordinated with other exchanges to suspend deposits of the related tokens. Ultimately, the project voted to reject the proposal, preventing the attack from being executed and ensuring no funds were lost. Binance did not disclose the name of the project involved. https://(wublock123.com)/news/news-66754