#activity

• Growth in economic activity has slowed down. • Job gains have decelerated, yet unemployment rates remain low. • The U.S. banking system is sound and resilient. • Stricter financial and credit conditions for households and businesses may influence economic activity, hiring, and inflation. • The target inflation rate of 2% remains a constant goal.

The Australian Tax Office (ATO) has clarified its stance on decentralized finance, intending to impose capital gains tax on virtually any standard user activity.

zkSync has released the FAQ report to respond to the community's backlash concerning its recent airdrop. A major point of contention was why certain wallets received the airdrop despite having no activity, and some even had zero balances.

Despite considerable trading activity and appeals from some prominent clients, Vanguard, the asset management company, persists in its refusal to add Bitcoin ETFs to its investment product lineup.

Manta, a modular L1 blockchain launched in September 2023, has clinched the 9th position in the list of top projects by Total Value Locked (TVL). With $468 million, it has outperformed rivals such as Sui, Cardano, and Base. Despite this achievement, the trading activity on its DEX remains relatively low ($4.6 million).

In the US, crypto industry lobbying is on the rise, with expenditures reaching $19 million in just the first three quarters of the year, surpassing the previous year's total. In 2022, the total lobbying budget reached $22 million, with FTX contributing significantly.

ThorChain's transaction volume has surged to a record $355 million. An influx of hacker activity on the network has led to total transactions topping $1 billion in just five days. Over the past four months, over 50% of the funds swapped from ETH to BTC on ThorSwap have been stolen.

A user ambitiously created 21,877 wallets, engineering activity on zkSync with the lure of a potential retroactive airdrop in sight.