TeleSwap Bridge Protocol Suspected of Attack, Over $735,000 in Funds Stolen and Flowed into Tornado Cash

Odaily reported that on-chain investigator ZachXBT stated that the cross-chain bridge protocol TeleSwap was suspected of being attacked on July 15, 2026, resulting in losses exceeding $735,000. However, as of five days after the incident, the project team has not yet publicly disclosed the relevant situation.

ZachXBT stated that shortly after suspicious fund outflows were detected, TeleSwap's Bitcoin hot wallet stopped processing transactions. About two hours ago, the attacker transferred the stolen funds into the privacy mixing protocol Tornado Cash.