About This Trend
40 BTC refers to a specific amount of Bitcoin (BTC), which is a type of cryptocurrency. It is a unit of exchange on a decentralized digital platform that utilizes blockchain technology to facilitate secure and transparent transactions.
The term 40 BTC is trending due to a recent cryptocurrency extortion attempt where hackers demanded 40 BTC, equivalent to over $2.7 million, in exchange for not leaking sensitive information of Raj Gokal, the co-founder of Solana, a Cryptocurrency platform.