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1 min read

Fiat's tiny new electric car has the strangest feature ever

The Fiat Topolino Dolcevita is made for beach days, featuring ropes for doors and a built-in shower.

Tim Levin   


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1 min read

Crypto lost the battle to be an alternative to fiat money after FTX collapse, top economist says

"Only the legal, historical infrastructure behind central banks can give great credibility [to mone…

Morgan Chittum   


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Tesla boss Elon Musk holds on to Dogecoin after the company sells 75% of its Bitcoin capital

In the second-quarter (Q2) earnings call with analysts, Tesla Ceo Elon Musk said that the reason th…

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2 mins read

'Big Short' investor Michael Burry says the dollar isn't strong at all — and inflation is eroding the US currency's buying power

Burry argued the dollar is only strong relative to its currency rivals, and the greenback is buying…

Theron Mohamed   


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2 mins read

Renault shares are tanking after Fiat Chrysler scrapped their mega-merger

Renault wanted more time to persuade Nissan to support the merger, after the Japanese automaker rai…

Theron Mohamed   


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1 min read

From Datsun, Harley to Ford, these eight major auto companies exited India in the last five years

Here are the auto companies which have exited the Indian market in the last five years.

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3 mins read

Elon Musk joked that McDonald's should accept Dogecoin. Here's why that doesn't make any sense.

"I will eat a happy meal on TV if McDonald's accepts Dogecoin," Musk said on Tuesday morning. McDon…

Ben Gilbert   


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1 min read

'I think it's a very dangerous thing': Trump trashes cryptocurrencies and says he favors a strong US dollar

The comments from the former president come just one week after wife Melania Trump announced plans …

Matthew Fox   


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5 mins read

Fiat money: Currencies that derive their value largely through trust in the governments that issue them

Fiat money is currency backed by trust in the government that issued it and not tied to a physical …

Leslie Quander Wooldridge   


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Central bank digital currencies could slash costs for cross-border payments and speed transactions to seconds, BIS says

A prototype of a CBDC platform showed the time for cross-border payments taking as little as 2 seco…

Carla Mozée   


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8 mins read

CBDCs — The fight for fiat currencies to remain relevant in the age of digital cryptocurrencies

Many countries are looking at launching a central bank digital currency (CBDC) to take advantage of…

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5 mins read

What is making Ford, Fiat, and Kia put more money in India

With new investment plans of over $250 million (₹1,824 crore), Fiat Chrysler (FCA) joins the likes …

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2 mins read

Peugeot shareholders approved a $52 billion merger with Fiat to create the world's fourth-biggest carmaker

Fiat Chrysler shareholders are expected to vote on the merger later on Monday.

Kate Duffy,Reuters   


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3 mins read

Ethereum’s co-founder wants to be more than just ‘the crypto guy’ as he exits the industry

Di Iorio plans to use the money from the sale of Decentral to form his own new company. Mean…

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2 mins read

More than half of experts in a recent crypto survey said bitcoin will replace fiat currency by 2050

So-called hyperbitcoinization could take place as early as 2035, according to Finder.com, which sur…

Carla Mozée   


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2 mins read

Fiat Chrysler and Peugeot got antitrust approval for their $38 billion merger to create Stellantis, the world's 4th biggest carmaker

Stellantis would be the world's fourth-biggest carmaker, owning brands including Jeep, Maserati, an…

Grace Dean,Reuters   


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Tether slapped with $41 million fine for 'untrue or misleading statements' on fiat currency backing

The CFTC discovered Tether only held sufficient fiat reserves to back its USDT stablecoin for only …

Isabelle Lee   


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2 mins read

Maruti Suzuki Swift 2017 has been creatively copied from at least 5 different cars. Here’s the proof

When all car makers are going for a facelift of their popular cars, can Maruti Suzuki be far behind?

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1 min read

Elon Musk says he supports cryptocurrency in a 'battle' with fiat money, like government-backed coins and bills

"The true battle is between fiat and crypto," Elon Musk tweeted on Saturday. "On balance, I support…

Brittany Chang