Fry-hole

A Fry-hole or Hawking-hole is a fictitious term used to describe a rip in space time. Originally coined by Philip J. Fry it was presented in the Episode "Anthology of Interest I" where Fry asks the What-If Machine what would happen if he never was never frozen and went into the future, the result was the entire universe would be destroyed with a Fry-hole appearing to be an early sign of this disaster. The rip was caused by the paradox of Fry not being in the 31st century to travel back in time to 1947 to father his father, thus creating a massive paradox. Also, Fry would not be in the future to help defeat the Brain Spawn, who then succeed in their plan to destroy the universe. A similar time-space rip caused by a time travel paradox was created by Bender in Bender's Big Score.

Mechanism
The Fry-hole is an early sign of the destruction of the entire universe due to an error in space time appearing several times before the destruction occurs. It links to a different time and place and acts as a portal between these two locations and times. The Fry-hole will then suck up all remnants of the entire universe and destroy them with the exception of people standing next to it. It can also be assumed that the hole links to a different time and place specifically relating to the error in space time as Fry saw his future friends during both encounters of the hole.

Coining Issues
The Fry-hole was coined when Fry saw it with many of his future friends who he assumed to be monsters. He then met Stephen Hawking at his pizzeria and asked him what this phenomenon was and said that he wanted it "to be called a Fry-hole". Later in the episode, Hawking claimed it to be called a "Hawking-hole" and to be his discovery, stating that no one would believe Fry over himself.