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Evercrest Technologies (KelpDAO): Cybersecurity Incident
KelpDAO suffered a $292M bridge exploit in April 2026 involving 116,500 rsETH drained through a misconfigured cross-chain bridge on Unichain. The company is now pursuing civil litigation against LayerZero Labs and co-founder Bryan Pellegrino, alleging negligence and negligent misrepresentation over the bridge security configuration.
Source: NewsBTC
- Who
- Evercrest Technologies (KelpDAO) · Canada
- What happened
- KelpDAO suffered a $292M bridge exploit in April 2026 involving 116,500 rsETH drained through a misconfigured cross-chain bridge on Unichain. The company is now pursuing civil litigation against LayerZero Labs and co-founder Bryan Pellegrino, alleging negligence and negligent misrepresentation over the bridge security configuration.
- When
- 2026-09-26
- Source
- NewsBTC
Market context: Against a Talent Market Index of 97.6 (Neutral) (down 3.4 month-on-month), Americas is at easing (-15.6pts) on signal share.
Evercrest Technologies (KelpDAO): 1 signal in the last 90 days.
MitchelLake in this thematic
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Where this lands in our work
- Executive Search →
A breach puts the security, technology and risk seats under review; those searches run through our executive search practice.
- Executive Search: Americas →
Our Americas practice runs the searches behind signals like this one.
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