According to CoinMeta, the Binance security team discovered a malicious governance proposal targeting a certain project DAO. This proposal put $1.2 million in treasury funds at risk. Binance notified the project team to vote against it before the proposal was executed and coordinated with centralized exchanges to suspend the recharge of affected tokens. In the end, the malicious proposal was rejected, the attack did not proceed, and no financial losses were incurred.