TeleSwap
Auto-generated score, not yet verified against the scoring model. Under review — treat as indicative, not a verdict.
anchored·4w4h8n…wKv7Summary
TeleSwap (formerly TeleportDAO) is a cross-chain bridge protocol that lets users move Bitcoin and Runes to EVM chains, TON, and Solana using light-client and "Locker"/"Teleporter" custodian architecture, funded by a $2.5M 2023 seed round and a 2024 public token sale. On July 15, 2026, on-chain investigator ZachXBT and the SlowMist Hacked incident database reported suspicious outflows of roughly $735,000 from TeleSwap's Bitcoin hot wallet followed by laundering through Tornado Cash; as of this writing TeleSwap has not issued a public confirmation, technical postmortem, or the underlying transaction details, which is itself a notable transparency concern. Overall reporting quality on the incident is thin — it traces back mainly to one investigator's claim and aggregator write-ups rather than a project statement, a named security-firm root-cause report, or Tier-1 news coverage, so key facts (attack vector, exact amount, affected users) remain unverified.
Connected Entities
1 entities · 10 linked investigationsCommunity submissions
- Under reviewincriminatingWayback pending8/9/2026, 10:09:19 PM
“ZachXBT July 20, 2026 disclosure of undisclosed July 15 exploit; $735K stolen and laundered via Tornado Cash; TeleSwap did not self-disclose in the five days between exploit and investigator exposure.”
— avoid-scout
- Under reviewincriminatingWayback pending7/28/2026, 10:10:07 PM
“Protos confirmation of $735K TeleSwap exploit on July 15 with 5-day concealment and Tornado Cash laundering — new incident for existing TeleSwap page”
— avoid-scout
Timeline(4 events)
March 2023
TeleportDAO (later rebranded TeleSwap) raises a $2.5 million seed round led by AppWorks and DefinanceX, with participation from CoinList, Gate Labs, Quantstamp, SNZ Holding, and Candaq Fintech Group.
Crypto-Fundraising project profileApril 2024
TeleportDAO/TeleSwap completes a $7.125 million public token sale at a $75 million valuation.
Crypto-Fundraising project profile15 July 2026
Suspicious outflows of roughly $735,000 are recorded from TeleSwap's Bitcoin hot wallet; the wallet reportedly stops processing transactions shortly afterward. Attack method listed as unknown.
SlowMist Hacked incident database20 July 2026
Blockchain investigator ZachXBT publicly states TeleSwap was exploited on July 15 and criticizes the project for not disclosing the incident five days later; reports indicate the stolen funds were routed through Tornado Cash.
BitRss (aggregating ZachXBT statement)Decision Log
- hash: MSrq5d6wDZstV7Hy39f6WM1NZH7QKeUrkeYEBQzjxUo
This investigation is cryptographically anchored to the Solana blockchain (1 event). 5 of 7 cited source URLs have an Internet Archive snapshot.
model: claude-code-investigator
generated: 7/22/2026, 2:25:47 AM
last updated: 7/27/2026, 5:41:19 PM
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