TeleSwap bridge suffered $735K exploit, stayed silent for five days

1 min

TeleSwap experienced a bridge exploit on July 15, 2026 with losses exceeding $735,000. Five days later there is no public disclosure from the team. Following the suspicious outflows, the project’s Bitcoin hot wallet halted transaction processing. Approximately two hours ago the attacker routed the stolen funds through Tornado.

Key facts

Date of incident: July 15, 2026
Estimated loss: more than $735,000
Operational impact: TeleSwap Bitcoin hot wallet stopped processing transactions shortly after outflows
Laundering activity: attacker deposited funds to Tornado two hours ago
Public communication: no incident disclosure from TeleSwap after five days

Addresses involved

Theft addresses

Bitcoin: bc1pz95zv3qhpmt52yezs84a5zrddrk5jsxm8a60rln5kzlk06e87a3q8pf79l
Ethereum: 0x2448cbaee50a67030692b7519a954e5550dc2718
Ethereum: 0xfc5048fbba2f74ed482ffcd7663601f818c5bb47
Ethereum: 0xf8706a51f8df01a71f408e50c901dd14916a12c7

TeleSwap Bitcoin hot wallet

Bitcoin: bc1q5wnpn4k99wc587maaaa6eqnx27g4r6mduxg2s5

Market and operational implications

Price sentiment: negative for TeleSwap-related assets and associated tokens due to undisclosed exploit and funds obfuscation via Tornado
Counterparty risk: elevated for users interacting with TeleSwap until an official post-mortem, patch, and proof of reserves or solvency update
On-chain monitoring: track the listed addresses and Tornado withdrawal patterns for potential cross-chain movements