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How to protect/identify transactions if a DApp/DEX is hacked?

Etherum Reddit

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It looks like just a few days back users of a decentralized exchange/app (klayswap) lost their cryptos to a BGP hack (basically hackers presented their own version of the Dapp instead of the real one to the users after hijacking internet routes).

Source: https://freedom-to-tinker.com/2022/03/09/attackers-exploit-fundamental-flaw-in-the-webs-security-to-steal-2-million-in-cryptocurrency/

Have a feeling this is going to become more common by the day. There are already a lot of people in this sub with lost cryptos, may be this is what happened to them?

As a regular user, I won't be able to distinguish between the real app and the fake one since everything looks the same (with the same domain name including a valid SSL certificate) and once I make a transaction with the app, it'll be stolen. Don't think even a hardware wallet will be secure since I'll be authorizing it anyway.

Is there any easy way to identify what's going on with the transaction? Do you guys go through every detail in the metamask transaction popup window?

Maybe if metamask created a list of contract addresses of all the well-known/trusted/audited Dex/Dapps and then if a transaction/address is not in the list, then show a big warning to the user, it'd make users take a more careful look into the pending transaction.

I have only used Metamask, are there other wallets that does a better job at showing more information to the user before approving a transaction?

submitted by /u/guydrukpa
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