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TeleSwap bridge protocol suspected of being attacked, with over $735,000 in funds stolen and subsequently moved to Tornado Cash

2026-07-20 14:36

Odaily Planet Daily News: On-chain investigator ZachXBT posted that the cross-chain bridge protocol TeleSwap was reportedly attacked on July 15, 2026, resulting in losses exceeding $735,000. However, as of five days after the incident, the project team has not publicly disclosed the situation.

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

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