Bitcoin holds steady near $65K despite Coldcard wallet hack and failed BIP-110 split.

Bitcoin held near $65,000 despite reports of a Coldcard wallet hack and a failed attempt to split the network through BIP-110, according to Pluang. The price stability indicated that the reported security and governance developments did not immediately trigger a broader market sell-off.

Coldcard is a hardware wallet product used to store Bitcoin private keys offline. The available report did not specify how the reported hack occurred, which users or devices were affected, or whether any funds were lost. Hardware-wallet security incidents can draw attention because control of private keys is central to ownership of Bitcoin.

BIP refers to a Bitcoin Improvement Proposal, a framework used to discuss technical or policy changes to the Bitcoin network. The reported BIP-110 split attempt failed, meaning it did not produce the described division of the network. Bitcoin’s decentralized design relies on broad agreement among users, miners, developers and node operators for major protocol changes.