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Project Overview
TeleSwap is a trustless and universal interoperability protocol that provides developers with an infrastructure to build cross-chain applications. With it, users can transfer any data, such as messages, contract calls, tokens, or NFTs, between blockchains.
TeleSwap Bridge Protocol Suspected of Attack, Over $735,000 in Funds Stolen and Flowed into Tornado Cash
on-chain investigator 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 relevant situation.ZachXBT stated that shortly after suspicious fund outflows were detected, 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.
A whale opened a 3x leveraged long position on 133.59 million TST tokens through a new wallet
According to Lookonchain monitoring, a whale opened a 3x leveraged long position on 133.59 million TST tokens, worth $2.05 million, through a new wallet.
Related news
Sued but could make millions of dollars, Binance clarifies the TST token deployment incident
Odaily News: BNB Chain posted on the X platform stating that a certain wallet address was previously created by a former employee and used to generate tokens in a video tutorial. This individual is no longer employed by the company due to this incident. After leaving the company, they retained unauthorized access to the associated mnemonic phrase and used it to generate new private keys. BNB Chain has learned that the same address is being independently used for a new Meme token. BNB Chain did not create, authorize, promote, or participate in the creation of this token, nor can it control the token or wallet address. Both are unrelated to and not endorsed by BNB Chain. BNB Chain is taking legal action against the former employee and is cooperating with relevant authorities on this matter.
TeleSwap Bridge Protocol Suspected of Attack, Over $735,000 in Funds Stolen and Flowed into Tornado Cash
on-chain investigator 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 relevant situation.ZachXBT stated that shortly after suspicious fund outflows were detected, 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.
MLM: TST Not Delisted by Hyperliquid Due to Validators Failing to Reach Voting Quorum
According to MLM monitoring, TST was not delisted by Hyperliquid due to validators failing to reach the quorum required for the delisting vote, while assets including MAV, MAVIA, MEW, PROMPT, SCR, USTC, YZY, and ZEREBRO were delisted.
A whale opened a 3x leveraged long position on 133.59 million TST tokens through a new wallet
According to Lookonchain monitoring, a whale opened a 3x leveraged long position on 133.59 million TST tokens, worth $2.05 million, through a new wallet.