**News Update: 🌐💔 #CoinsPhHack**

Reports reveal that Philippines-based crypto wallet, Coins (Coins.ph), fell victim to an exploit, resulting in the theft of 12.2 million XRP ($6.31M). The hacker reportedly transferred the funds to various platforms, including OKX and Whitebit. Coins and fund manager Bitgo are yet to confirm the details. 🚨💼 #CryptocurrencySecurity