This version was under testing mode for a long time and now it has finally released. The new BuddyPress 3.0.0 "Apollo" is available for free download from the WordPress repo. You can also update the plugin from your WordPress Dashboard.
The BuddyPress Activity Filter Plugin helps to set a default filter option in BuddyPress Activity where the site administrator can remove some specific activity types from their BuddyPress Activity. Admin can set default and customized activities to be listed on the front-end.