Binance Helps Stop $1.2M Governance Attack in Under 48 Hours
August 21, 2026
Binance said its monitoring team detected a malicious DAO proposal, warned the unnamed project and coordinated deposit closures with exchanges before a vote blocked access to roughly $1.2 million in treasury tokens.
Key Takeaways
Binance detected the proposal with less than 48 hours remaining.
The unnamed project rejected the measure before it could execute.
Comparable attacks show governance…