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TeleSwap bridge protocol suspected attacked, over $735,000 stolen and funneled into Tornado Cash

2026-07-20 14:36

Odaily Planet Daily News: On-chain detective ZachXBT reported that the cross-chain bridge protocol TeleSwap was suspected to have been attacked on July 15, 2026, with losses exceeding $735,000. However, as of five days after the incident, the project team has still not publicly disclosed the 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.

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