📣 Blockchain news flash! DAOs (Decentralized Autonomous Organizations) are facing governance challenges due to token voting. In 2023, "hacktivist investors" took control of Nouns DAO and Aragon DAO, exploiting an arbitrage opportunity to buy tokens below their book value. This led to a $27 million extraction from Nouns and leadership changes at Aragon. But don't fret, both DAOs are bouncing back, with Nouns sporting a smaller treasury and Aragon transforming into a smaller, product-focused nonprofit. The lesson? DAOs must be vigilant against potential exploits. So, keep your tokens close and your DAO closer! 😎