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TeleSwap bridge protocol suspected of being attacked, with over $735,000 in funds stolen and laundered through Tornado Cash

2026-07-20 14:36

Odaily Planet Daily reported that on-chain detective 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 situation.

ZachXBT said that shortly after suspicious fund outflows occurred, 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.