[Binance Blocks DAO Governance Attack Less Than 48 Hours Before Execution, Involving Approximately $1.2 Million in Treasury Tokens] Odaily Planet Daily News: Cryptocurrency exchange Binance stated that its monitoring team identified a malicious governance proposal targeting an unnamed Decentralized Autonomous Organization (DAO), posing a risk to approximately $1.2 million in treasury tokens, with less than 48 hours before execution. Binance contacted the project and coordinated with centralized exchanges listing the related tokens to suspend deposits. The project subsequently held a vote to reject the proposal, preventing its execution. Binance did not disclose the name of the project or the token. The proposal exploited the project's on-chain governance mechanism, which had a relatively low proposal threshold. In July this year, BonkDAO confirmed that a malicious proposal had transferred approximately $20 million worth of BONK tokens from its treasury, with the attacker accumulating sufficient voting power to authorize the transfer. (Bitcoin.com News)