Mt. Gox started the year as the largest bitcoin exchange ever, but then it closed, filed for bankruptcy, and this week began liquidation after a bankruptcy judge in Japan concluded it was unrealistic to hope that the exchange could be reopened. Mt. Gox has relatively few assets, so the liquidation is likely to go quickly.
Portugal held its first bond auction in four years and easily sold €750 million in bonds.
The United States got through March without a bank failure, and nearly April too. Tonight, though, South Carolina state regulators closed the five locations of Allendale County Bank. This was a very small bank with $51 million in deposits. Palmetto State Bank is assuming the deposits and purchasing the assets.
