Erebor Bank, a digital banking venture co-founded by Palmer Luckey and supported by Peter Thiel, has achieved a valuation of $4.35 billion following a $350 million funding round led by Lux Capital. The bank has also received preliminary approval from the Office of the Comptroller of the Currency (OCC) and Federal Deposit Insurance Corporation (FDIC) for deposit insurance. Meanwhile, DeepSnitch AI, a new token launch project, has successfully raised over $880,000 in its presale. The project, which is set to launch in January, offers innovative tools such as SnitchFeed, SnitchScan, and SnitchGPT to provide real-time market signals. These developments highlight growing interest in digital banking and AI-driven market analysis tools.