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SpaceX alumni startup Terrafirma raises $115 million for remote construction equipment

Terrafirma, a construction technology startup founded by former SpaceX engineers, has raised $115 million, CNBC reported. Investors include Kleiner Perkins, Bain Capital Ventures, SpaceX, Anduril and Hadrian. The Austin, Texas-based company is developing technology to remotely operate construction equipment using interfaces including an Xbox controller. It says the technology reduces costs and improves safety, and its long-term goal is building infrastructure on Mars.

Crypto

Dormant bitcoin awakens after 14 years, ownership dispute in focus on 720,000 percent return

A cache of 30 bitcoin that had not moved for more than 14 years has recently been transferred, drawing attention. The coins were first received on Aug. 7, 2011 and moved in bitcoin block 956627. Galaxy Research said the wallet had been dormant for 14 years and 9 months, valuing the holdings at $1.88 million and calculating a 719,353 percent return based on a $9 average purchase price. The coins are linked to an ongoing ownership lawsuit in New York.

Crypto

Bitcoin lawsuit targeting suspected Satoshi holdings draws first anonymous holder response

An opposing party has emerged in a New York lawsuit over ownership of long-dormant bitcoin holdings worth more than $200 billion, including coins widely believed tied to Satoshi Nakamoto. A pseudonymous respondent, John Doe 33, filed a notice to appear and said he would answer the case. Plaintiffs seek ownership of about 3,799,000 bitcoin linked to 39,069 inactive addresses under New York’s abandoned property law. The dispute centres on whether inactivity can legally indicate loss or abandonment.