#Governance Attack

August 25, 2026

Term Labs Loses $8.5M After Governance Takeover Costing Just $951

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Term Labs lost about $8.5 million after an attacker spent just $951 to buy enough governance power to seize control of its vault votes. It wasn’t a smart contract bug — it was a governance design failure, and a brutal reminder that cheap control can empty a treasury fast.

#Tornado Cash #Governance Attack #Term Labs #Yearn V3

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August 19, 2026

Binance Says It Stopped a $1.2M DAO Governance Attack but Verification Is Thin

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Binance says it spotted and helped stop a governance attack that could have put about $1.2 million in DAO treasury tokens at risk, but the claim is hard to verify because the exchange hasn’t shared key on-chain details. The bigger takeaway: weak DAO governance remains a juicy attack surface.

#Binance #DAO Governance #On-Chain Governance #Governance Attack

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