# Turning Points Into Profits

*Author: Bankless*
*Published: Jul 31, 2025*
*Source: https://www.bankless.com/read/turning-points-into-profits-2*

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[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2025/07/Group-663--1-.png)](https://www.bankless.com/sponsor/uniswap-extension-1719068020?ref=read/monetizing-points-mania-with-rumpel&email=true)

  

Turning Points Into Profits
  

  
  Published on July 31, 2025

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  View in Browser

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.  .  .

 
  
    
      
      NEED TO KNOW
    
    
  
  
    
'Project Crypto'
  

  

 

[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2025/07/Group-14---2025-07-31T145438.180.png)](https://www.bankless.com/)- 🦅** SEC Chair Atkins Unveils 'Project Crypto'.** The commission is ready to [go all-in](https://www.bankless.com/read/sec-chair-atkins-unveils-project-crypto) on bringing TradFi markets onchain. Wait, what?
- 👩‍⚖️ **U.S. Appeals Court Overturns OpenSea Insider Trading Conviction. **Former OpenSea exec Nate Chastain's convictions for wire fraud and money laundering have been [overturned](https://www.bankless.com/read/u-s-appeals-court-overturns-opensea-insider-trading-conviction).
- 🤑** Tether Reports $4.9 Billion Q2 Net Profit. **The stablecoin giant posted [monster profits](https://www.bankless.com/read/tether-reports-4-9-billion-q2-net-profit) as it readies new strategies for a post-GENIUS U.S. market.
📸**Daily Market Snapshot: **Despite the SEC very much formally ending their antagonistic attitude toward crypto and unveiling their plan to make the industry more institution-ready, crypto markets continued their days-long slide.

Prices as of 4pm ET
24hr
7d

 

       ![](https://banklesspublic.b-cdn.net/cmc.png)
    

  **Crypto**
   
          $3.81T
       

  
    
    ↘ 0.5% 
  

   
    
    ↘ 0.3% 
    
  

       ![](https://banklesspublic.b-cdn.net/btc.png)
    

  **BTC**
   
          $116,602
       

  
    
    ↘ 0.5% 
  

   
    
    ↘ 1.9% 
    
  

       ![](https://banklesspublic.b-cdn.net/eth.png)
    

  **ETH**
   
          $3,732
       

  
    
    ↘ 1.1% 
  

   
    
    ↘ 0.1%   

 

.  .  .

 
  
    
      
      CHEAT SHEET
    
    
  
  
    
Ethereum OS

    
  
 

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.  .  .

 
  
    

PLAY OF THE WEEK

  
  

Monetizing Points Mania with Rumpel
  
   
     
     Bankless Analyst: 
     
       [
       
       Jack Inabinet](https://www.bankless.com/author/jack)
     
    
 

[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2025/07/image---2025-07-31T163019.183.png)](https://www.bankless.com/read/monetizing-points-mania-with-rumpel)In the evolving world of DeFi, liquidity remains the constant king. 

[Rumpel](https://www.rumpel.xyz/) is weaving gold from one of the space’s most overlooked commodities: *illiquid crypto deposits*. Originally launched on Ethereum, the protocol has experienced significant success throughout July off the back of its Hyperliquid deployment, which has captivated DeFi audiences with the novel premise of monetizing previously valueless points on crypto’s hottest blockchains.

Create value from thin air while simultaneously earning points that could position you to receive a future Rumpel airdrop. 

*Here’s all you need to know to get involved with Rumpel mania. *👇

[Unlock the Full Article](https://www.bankless.com/read/monetizing-points-mania-with-rumpel)
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