Development

A bank is chartered to operate on Sundays to match the blockchain

development2026-02-07

Claim

Palmer Luckey's Erebor Bank received a national charter for 24/7 crypto-integrated banking, explicitly planning to operate on Sundays to match the blockchain's rhythm, while AI.com sold for $70 million.

Reported metric: $70M

Reporting date: 2026-02-07 (not necessarily the event date)

Sources

Attribution and reporting linked by this record; links do not imply independent verification.

Welcome to February 7, 2026 (theinnermostloop.substack.com)

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Reported in

Welcome to February 7, 2026

Actor

Erebor Bank

Evidence for

Supersedes

Fidelity launches its own dollar

Referenced by

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Citation formatCitation text

A bank is chartered to operate on Sundays to match the blockchain
Innermost Loop KB — secondary record
Reporting date: 2026-02-07
KB permalink: https://nicholsn.github.io/innermost-loop-kb/developments/2026-02-07-erebor-charters-a-sunday-bank
Claim: Palmer Luckey's Erebor Bank received a national charter for 24/7 crypto-integrated banking, explicitly planning to operate on Sundays to match the blockchain's rhythm, while AI.com sold for $70 million.
Attributed sources:
- Welcome to February 7, 2026 — https://theinnermostloop.substack.com/p/welcome-to-february-7-2026
This citation does not imply independent verification of linked-source claims.

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