What happened
On July 15, 2026, on-chain investigator ZachXBT reported that the TeleSwap bridge appeared to have suffered a $735,000-plus exploit. The report separately noted suspicious outflows from TeleSwap’s Bitcoin hot wallet, which then stopped processing transactions; TeleSwap had not publicly disclosed the incident at the time.
Protocol details
Security review history
- Quantstamp View report
Evidence
- analysis ZachXBT TeleSwap investigation t.me
- analysis DeFiLlama defillama.com
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