News
13 Apr 2026, 18:00
Coinbase DEX Service Revolutionizes UK Market with Strategic DeFi Mullet Launch

BitcoinWorld Coinbase DEX Service Revolutionizes UK Market with Strategic DeFi Mullet Launch LONDON, March 2025 — Coinbase has strategically expanded its decentralized exchange services to the United Kingdom, launching the DeFi Mullet platform on its proprietary Base network. This significant move represents a calculated expansion beyond the company’s established markets in the United States and Brazil. Consequently, UK cryptocurrency users now gain direct access to decentralized trading infrastructure from one of the world’s largest regulated exchanges. The launch occurs amid evolving regulatory discussions about decentralized finance frameworks within the UK financial system. Coinbase DEX Service Targets UK as Priority Market Coinbase UK CEO Keith Grose recently emphasized the strategic importance of the UK market in an exclusive interview with DL News. He explicitly described the United Kingdom as the company’s most crucial market outside the United States. Furthermore, Grose identified the UK as a cornerstone of Coinbase’s international operations. The executive’s statements reveal a deliberate focus on regulatory engagement and market development. The company plans to introduce multiple new services throughout the UK this year, signaling sustained investment. Industry analysts recognize this expansion as part of a broader trend. Major cryptocurrency exchanges increasingly prioritize decentralized service offerings alongside traditional centralized models. This dual approach allows companies to cater to diverse user preferences while navigating complex regulatory environments. The UK’s position as a global financial hub makes it particularly significant for cryptocurrency adoption and innovation. DeFi Mullet Platform Built on Base Network Infrastructure The DeFi Mullet service operates exclusively on Base, Coinbase’s Ethereum Layer 2 scaling solution. This technical foundation provides several distinct advantages for UK users. Firstly, Base significantly reduces transaction costs compared to the Ethereum mainnet. Secondly, the network offers faster transaction confirmation times. Thirdly, it maintains compatibility with the broader Ethereum ecosystem. These technical benefits address common barriers to decentralized finance adoption. Key technical features of the DeFi Mullet platform include: Non-custodial trading directly from self-hosted wallets Access to decentralized liquidity pools across multiple protocols Integration with Coinbase’s existing security and verification systems User interface designed for both novice and experienced traders Base network statistics demonstrate substantial growth since its public launch. Network activity has increased consistently, with total value locked reaching significant milestones. This growth provides a robust foundation for new services like DeFi Mullet. The platform’s architecture separates user funds from exchange control, aligning with core DeFi principles. Regulatory Strategy and Safety Demonstrations Keith Grose articulated a clear regulatory strategy during his public statements. He stated that Coinbase aims to demonstrate decentralized finance safety through proper management. This approach involves showcasing DeFi Mullet’s security protocols and compliance measures. The company engages directly with UK regulatory bodies, including the Financial Conduct Authority. These engagements focus on establishing constructive dialogues about decentralized finance frameworks. Recent UK government publications indicate growing official interest in cryptocurrency regulation. The Treasury has published multiple consultation papers regarding digital asset frameworks. Parliamentary committees have conducted inquiries into blockchain technology implications. This regulatory evolution creates both challenges and opportunities for service providers. Coinbase’s established regulatory compliance history in multiple jurisdictions provides relevant experience. Comparative Analysis of Global DEX Expansion Coinbase’s phased international rollout reveals strategic market selection patterns. The United States received initial access, followed by Brazil, and now the United Kingdom. Each market presents distinct regulatory environments and user demographics. The following table illustrates key market characteristics: Market Launch Date Regulatory Status Notable Features United States 2023 Established Framework Full regulatory compliance Brazil 2024 Developing Framework Local payment integrations United Kingdom 2025 Evolving Framework FCA engagement focus This expansion pattern suggests careful market analysis precedes each launch. Regulatory clarity appears as a significant factor in market selection. User adoption potential and competitive landscape also influence these decisions. The UK launch follows successful implementations in previous markets, allowing for refined service delivery. Market Impact and User Accessibility Considerations The DeFi Mullet launch potentially affects multiple aspects of the UK cryptocurrency ecosystem. Retail users gain access to decentralized trading through a familiar, regulated interface. Institutional participants may explore decentralized finance with established counterparties. Developers can build applications leveraging Base network infrastructure. This multi-faceted impact supports broader cryptocurrency adoption. Accessibility remains a crucial consideration for decentralized finance platforms. Coinbase addresses this through several interface design choices. The platform maintains intuitive navigation patterns familiar to existing users. Educational resources explain decentralized finance concepts clearly. Security features protect users without creating unnecessary complexity. These design decisions aim to bridge traditional and decentralized finance experiences. Security Protocols and Risk Management Framework Decentralized exchange services inherently involve different risk profiles than centralized platforms. DeFi Mullet implements multiple security layers to address these risks. Smart contract audits occur regularly by independent security firms. Insurance protocols cover potential vulnerabilities. User education materials explain risk factors transparently. These measures demonstrate Coinbase’s safety-focused approach to decentralized finance. The company’s extensive experience with security incidents informs current protocols. Historical exchange hacks across the industry have established important security precedents. Multi-signature wallet implementations protect platform assets. Continuous monitoring systems detect unusual activity patterns. These security investments reflect the platform’s institutional-grade design philosophy. Conclusion Coinbase’s DeFi Mullet launch represents a strategic advancement for UK cryptocurrency accessibility. The platform combines decentralized exchange functionality with regulated entity oversight. This hybrid approach addresses both innovation and compliance considerations. The UK market expansion demonstrates Coinbase’s commitment to international growth. Furthermore, it provides UK users with sophisticated decentralized finance tools. The service’s success may influence broader regulatory perspectives on decentralized exchange operations. Ultimately, this development marks another step toward integrated traditional and decentralized financial systems. FAQs Q1: What exactly is Coinbase’s DeFi Mullet service? DeFi Mullet is Coinbase’s decentralized exchange platform that allows users to trade cryptocurrencies directly from their self-custodied wallets without transferring assets to the exchange, operating on Coinbase’s Base Layer 2 network. Q2: How does the UK launch differ from previous DeFi Mullet releases? The UK launch incorporates lessons from the US and Brazil deployments, with specific adaptations for UK regulatory requirements and market preferences, alongside enhanced security protocols developed through operational experience. Q3: What are the main advantages of using a DEX like DeFi Mullet? Primary advantages include maintaining control of your assets throughout trading, typically lower fees than centralized exchanges, access to a wider range of tokens, and alignment with decentralized finance principles of transparency and permissionless access. Q4: How does Coinbase ensure the safety of DeFi Mullet for UK users? Safety measures include regular independent smart contract audits, comprehensive user education materials, insurance coverage for certain vulnerabilities, integration with Coinbase’s existing security infrastructure, and transparent risk disclosure throughout the user experience. Q5: What does this launch mean for the future of cryptocurrency regulation in the UK? The launch represents a significant test case for how established regulated entities can offer decentralized services, potentially providing regulators with practical insights that could inform future decentralized finance policy development and framework establishment. This post Coinbase DEX Service Revolutionizes UK Market with Strategic DeFi Mullet Launch first appeared on BitcoinWorld .
13 Apr 2026, 18:00
Bitcoin shorts above $70K at risk since ‘90% of downside’ is already complete

Bitcoin price data suggests BTC remains undervalued and that short positions opened above $70,000 face a high risk of liquidation.
13 Apr 2026, 17:58
Crypto ETFs add $1.1B in inflows; Eric Balchunas sees 50% volume boom

More on Bitcoin USD, Ethereum USD, etc. Whale's Insight: BTC Outperforms Gold In Wartime, AI Tokens Lead Q1 Rotation Bitcoin: Why Iran Is Testing The Boundaries Of The New Global Order Crypto ETFs: 2026 Reveals Key Crypto Trends Bimine holdings jump to $11.8B; ETH leads—will rally follow? $1B raised, 13.9K Bitcoin added: Strategy doubles down again
13 Apr 2026, 17:57
Nigel Farage makes £2 million Bitcoin purchase as UK MP

🚨 Nigel Farage buys £2 million of Bitcoin as a sitting UK MP. Stack BTC now holds 68.19 BTC after new capital investment. Continue Reading: Nigel Farage makes £2 million Bitcoin purchase as UK MP The post Nigel Farage makes £2 million Bitcoin purchase as UK MP appeared first on COINTURK NEWS .
13 Apr 2026, 17:50
G. Love loses $424K in Bitcoin after falling for fake Ledger app as crypto scams surge

American musician Garrett Dutton, also known as G. Love of G. Love & Special Sauce, has had all his Bitcoin stolen in a hack. According to reports, he has lost 5.92 BTC worth roughly $424,000 from his retirement savings. How? He entered his seed phrase into a fake Ledger Live app from Apple’s Mac App Store while setting up a new computer. “All my BTC gone in an instant,” he lamented on X. G Love hacked in a fake Ledger app scam According to G Love, the malicious app he downloaded prompted him to enter his 24-word seed phrase. Shortly after, hackers drained all his BTC. Garrett Dutton has since confirmed that only his Bitcoin holdings were affected, not anything else. According to on-chain detective ZachXBT, the stolen BTC was laundered through KuCoin. One X user asked ZachXBT about the possibility of recovering the stolen BTC, to which ZachXBT expressed uncertainty. He states , “Kucoin has an ongoing problem with illicit services abusing broker/personal accounts, which compliance does nothing to regulate. Given its numerous deposit addresses, it’s likely one of those instant exchanges.” ZachXBT traces stolen Bitcoin to KuCoin. According to ZachXBT, this is evidenced by the loss of an important Markets in Crypto-Assets (MiCA) license from the European Union that the exchange obtained only three months prior, and lost in February 2026. Some investors have called G Love a liar, and some a not-so-wise trader. This is considering Ledger’s stance on its wallets. According to the firm, its wallet is only available through Ledger.com. In addition, the wallet is not listed on any app store. To that end, any Ledger app on any consumer store is a fake. All notices requesting that traders upgrade or install a new version of Ledger Live or Trezor Suite must be considered a scam unless proven otherwise. The hack has triggered urgent warnings from Beau, the head of security for the popular NFT project Pudgy Penguins. He asserts, “You will NEVER need to enter your hardware wallet seedphrase on an internet-connected device (laptop, phone, smart fridge, etc.). If you’re restoring a wallet, always do so by entering your seed phrase on a hardware wallet device directly.” According to him, crypto fake apps are often distributed by email, fake ads, and snail mail. Ledger CEO issues a warning on AI coding agents getting hacked According to Ledger, AI coding agents are now being hacked through the very tools they rely on. Data shows that private keys and seed phrases have been exposed at the software layer. In the newest edition of their podcast entitled “AI Agent With a Wallet. What Could Go Wrong?”, Ledger engineers explain how it won’t be long before AI agents are entrusted with managing the money for the sake of their owners. The conversation is based on Ledger’s involvement in the recent Circle USDC OpenClaw Hackathon, which took place on Moltbook, a website designed as a social networking platform for AI agents. Ledger’s engineering team, with Kio Matias (Head of Product) and engineer Philip Barald included, highlighted that this technology makes the human no longer a permanent operator but rather an “architect.” Recently, researchers discovered 26 third-party AI LLM routers that secretly inject malicious tool calls and steal credentials. 26 third-party AI LLM routers now injecting malicious tool calls and stealing credentials. Despite having plaintext access to all in-flight JSON payloads, none of these routers use any form of cryptography to ensure message integrity from client to upstream model server. These attacks are classified into two fundamental categories: payload injection (AC-1) and secret exfiltration (AC-2). This is in addition to two adaptive evasion attack types: dependency-targeted injection (AC-1.a) and conditional delivery (AC-1.b). The 28 paid routers are from Taobao, Xianyu, and Shopify-based marketplaces, and 400 free routers were found online through public channels. Researchers have found that seemingly legitimate APIs attack at the surface: a leaked OpenAI credential was responsible for 100 million GPT-5.4 tokens and 7 Codex queries, and poorly configured decoys generated 2 billion billed tokens, 99 credentials across 440 Codex queries, and 401 autonomous YOLO queries. The smartest crypto minds already read our newsletter. Want in? Join them .
13 Apr 2026, 17:46
Clearbank Europe Becomes First Dutch Credit Institution Licensed as EU Crypto Provider

Clearbank Europe has become the first Dutch credit institution to complete the MiCA notification process and receive regulatory confirmation from the Dutch Authority for the Financial Markets to operate as a Crypto-Asset Service Provider. Key Takeaways: Clearbank Europe became the first Dutch credit institution to complete MiCA’s CASP notification process on April 9, 2026. The






































