ZachXBT: TeleSwap allegedly suffered a $735k attack; five days have passed and it has still not been publicly disclosed

PANews July 20—According to ZachXBT, the cross-chain bridge TeleSwap is suspected to have suffered an attack worth more than $735k on July 15, 2026. As of July 20, 2026 Beijing time, the project team has still not publicly disclosed details of the incident. Shortly after the attack, TeleSwap’s Bitcoin hot wallet stopped processing transactions; about two hours earlier, the attacker had moved the stolen funds into Tornado Cash, seemingly to launder them. ZachXBT also released the suspected involved addresses and TeleSwap’s Bitcoin hot wallet address for the community to track.

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