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Walsh Concludes Capitol Hill Testimony: Key Takeaways on Independence, Inflation, and AI In his first congressional hearings as Fed Chair, Kevin Walsh faced intense scrutiny over the central bank's independence, internal reforms, and policy transparency. Over two days before House and Senate committees, lawmakers, particularly Democrats, questioned his ties to the Trump administration and recent initiatives like an AI task force led by venture capitalist Marc Andreessen. Walsh staunchly defended the Fed's independence, stating, "Trump selected an independent person to do an independent job," and vowed to ignore political pressure on interest rates. He emphasized a "zero tolerance" approach to inflation, downplaying the significance of a single favorable CPI report and signaling that rate hikes remain an option to restore price stability. He addressed criticism of the Andreessen-led AI working group by clarifying it only has an advisory role. On AI's economic impact, Walsh suggested the investment boom might not be inherently inflationary and could boost productivity and wages over time. Regarding policy, Walsh reiterated his preference to move away from detailed forward guidance, promising all decisions would be released publicly and simultaneously. He framed his internal reform efforts, including five new working groups starting "from a blank slate," as necessary because past Fed policy contributed to current inflation. The hearings ended with a mix of skepticism and a "wait-and-see" attitude from Washington. While Walsh navigated the initial challenge through hawkish rhetoric and debate skills, observers noted his credibility will ultimately depend on concrete actions to fight inflation and safeguard the Fed's autonomy.

Activity around Ondo Finance is surging, with new wallet addresses doubling to 754 and daily active addresses jumping from 1,410 to 2,589 over a three-day period ending July 16. This spike in on-chain activity coincides with key new developments from the platform. Ondo recently launched tokenized stock representations using DTCC's infrastructure, aligning its products more closely with traditional U.S. markets and joining ranks with firms like BlackRock and JPMorgan. Additionally, a partnership with Japan's SBI Group aims to bring Japanese equities onchain and explore using a yen-backed stablecoin for settlement. This flurry of institutional deals and infrastructure expansion has drawn significant attention to ONDO as the token eyes a test of the $0.38 price level.

The article explores the evolution of order in the AI & Web3 era, framing the competition around establishing new foundations for human-AI collaboration. It argues that as AI Agents become core economic participants, the existing Web3 infrastructure—focused on assets, identity, and decentralized governance—is insufficient. The core challenge shifts to building trust, assessing complex contributions, and creating fair value distribution among diverse human and AI actors. The analysis positions the m&WDAO project within this landscape by comparing it to existing paradigms: Colony (human-centric DAO governance), SingularityNET (AI service exchange), Gitcoin Passport (Sybil-resistant identity), and Farcaster/Lens (open social graphs). m&W's distinct path, termed EcoFi (Ecological Finance/Order), aims to integrate these layers. Its three-phase evolution is outlined: 1) **m&W 1.0: Credit Anchoring** - filtering high-quality "Builder" nodes and converting their contributions into non-transferable SBTs (Soulbound Tokens) as a bedrock of trust. 2) **m&W 2.0: Collaborative Economy** - deploying the EcoFi protocol to enable verified, complex task collaboration with a hybrid AI/human judgment system for valuation and dispute resolution, creating a closed-loop value system. 3) **m&W 3.0: Intelligent Order** - where human-originated SBT credit enables trusted AI Agent "digital twins" to participate in a mature human-AI co-creation economy. The conclusion asserts that while other projects solve discrete problems (proving identity, governing contributions, exchanging AI capabilities), m&W's ultimate mission is to address the foundational question of a new socio-economic order for the coming era of human-AI collaborative networks.

Jito (JTO) surged 12% following the introduction of JIP-38, a proposal to use Jito DAO's revenue from JTX Trade for programmatic JTO buybacks and burns for at least one year. The token's price rose to $0.6087 with market cap reaching $304.67 million, supported by increased trading volume and positive sentiment around Solana's ecosystem. Derivatives activity grew as Open Interest increased, indicating fresh capital entering the market. Spot market data also showed sustained buyer dominance. Technically, JTO rebounded from the $0.5332 support level, with the next key resistance at $0.65. A break above this level could pave the way for a move toward $0.80, while failure to hold support may lead to a retest of lower levels. The rally is viewed as driven by improving fundamentals and broader participation rather than mere speculation.

India's trading and investment sector is expanding rapidly beyond major cities, driven by digital access and a new generation of investors. This growth fuels demand for trusted education and expert connections, highlighted by events like Money Expo India 2026. Scheduled for August 29-30, 2026, at Mumbai's Jio World Convention Centre, its 5th edition will gather leading online trading platforms, fintech innovators, and financial services for conferences, demos, and networking. Industry voices, including HDFC Securities and Alphabots, praise the event's high-quality, engaged attendees and exceptional energy. According to Niyaz of HQMENA, the expo connects India's growing investor community with global brands and technologies, fostering learning and business growth. As a key financial expo, Money Expo India bridges innovation, education, and collaboration to support the country's next phase of investment growth.