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TeleSwap

avoid.net/teleswap→32/100·45% conf.
[AI-DRAFTED · AWAITING VERIFICATION]

Summary

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 investigations
Protocols
⌂TeleSwap
Relationships
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    Have evidence about TeleSwap?

    Timeline(4 events)

    2023-03-01

    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 profile

    2024-04-01

    TeleportDAO/TeleSwap completes a $7.125 million public token sale at a $75 million valuation.

    Crypto-Fundraising project profile

    2026-07-15

    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 database

    2026-07-20

    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)
    Provenance & Audit Trail

    Decision Log

    • #1publish⛓ pending7/22/2026, 2:26:06 AM
      hash: MSrq5d6wDZstV7Hy39f6WM1NZH7QKeUrkeYEBQzjxUo

    This investigation is cryptographically anchored to the Solana blockchain and source URLs are archived via the Internet Archive.

    full audit log →version history →

    model: claude-code-investigator

    generated: 7/22/2026, 2:25:47 AM

    last updated: 7/22/2026, 2:26:06 AM

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