Musk isn’t introducing a novel idea. For years, people have advocated eliminating the penny, as pennies are rarely spent as ...

The cryptocurrency market is once again captivated by speculation surrounding Elon Musk’s potential influence on a meme coin.

A penny-pinching tactic proposed by Elon Musk's Department of Government Efficiency could be getting rid of the penny itself.

Elon Musk has promised to find upward of $2 trillion in savings in a federal budget that is projected to spend $7 trillion in ...

Elon Musk's DOGE is taking aim at the U.S. penny, pointing out that it costs more to manufacture than it's worth.

Musk’s favored meme coin remains Dogecoin. While he has promoted other tokens in the past, this has led to short-term price increases – such as with Peanut the Squirrel (PNUT). However, these surges ...

Rus Yusupov, who co-founded Vine in 2012, announced the launch of Vine Coin years after the short-form video app was ...

Pennies cost more than 3 cents each to make, which has the little round Lincoln heads in the crosshairs of Elon Musk’s new ...

Electric vehicle manufacturer Tesla reported a $589 million gain from its Bitcoin holdings after an accounting rule change in ...

As Trump becomes the 47th president, his entry into the cryptocurrency space through meme tokens marks an unprecedented ...

The Tesla CEO is another in a long line of foes of the penny, and convincing Congress to act is no small feat Elon Musk has ... low-denomination coin for cost reasons, but Musk has stumbled ...