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Arbitrum The Foundation opened the Stablecoin Growth Program to 2000000 ARB reward protocols in expanding their Arbitrum balances on USDG One. Rewards are valid until December 31, 2027, and participants may claim them only once.
According to PANews, citing Cointelegraph, the Paxos-issued USDG has been natively issued on Arbitrum One,Arbitrum joining Global Dollar Network。
📉 📉 📉 Malicious USDG permit approvals used to drain Revenue users’ wallets in a coordinated attack
Security firm Salus said that attackers used users’ permit signatures to obtain USDG unlimited spending permission and transfer assets in the same transaction. The funds were subsequently split in the proportions of 20%and 80%between two addresses.