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OnlyFans Founder Joins Forces With Crypto Foundation for TikTok Takeover Bid

by THEFUTURE.TEAM

April 3, 2025

In a bold move to disrupt the social media landscape, Tim Stokely, the founder of OnlyFans, has partnered with the Hbar Foundation—a key player behind the Hedera cryptocurrency network—to submit a late-stage bid to acquire TikTok. The proposal, submitted this week to the White House, marks a significant attempt to shift the ownership of the popular video-sharing app from Chinese owner ByteDance.

Zoop, Stokely’s new startup, aims to redefine the digital content space by offering a platform where creators are the primary beneficiaries. Unlike OnlyFans, which has been associated with adult content, Zoop is designed to be mainstream and family-friendly, returning the majority of its revenues to creators based on user engagement. According to Zoop co-founder RJ Phillips, the bid for TikTok is not just about taking control but about creating a “new paradigm” where both creators and their communities directly benefit from the value they generate.

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The partners behind the bid have been quietly working with a group of investors, though details on the financial backing remain undisclosed. Meanwhile, Amazon has also entered the race with a last-minute offer to acquire the app, intensifying the competition.

TikTok’s fate remains uncertain as U.S. President Donald Trump is expected to make a critical decision on April 5 regarding the app’s future in the United States. ByteDance faces a deadline to either divest TikTok’s U.S. operations or face a potential national security ban under a law passed in January. This legislation, with bipartisan support, raises concerns about TikTok’s ties to the Chinese government and its potential to be used for influence operations in the U.S.

While TikTok advocates argue that such a ban would violate First Amendment rights, the Trump administration’s intervention could lead to a sale that alters the app’s ownership structure significantly. Current talks suggest that the largest non-Chinese investors in ByteDance may take the reins of TikTok’s U.S. operations.

As the clock ticks toward the April 5 deadline, the White House is managing the sale process, with Vice President JD Vance overseeing what is quickly becoming a high-stakes auction. With multiple players vying for control, the next few days could determine the future of one of the world’s most influential social media platforms.

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Bank Of England Holds Rates At 3.75% In Split Vote As Inflation Risks Rise

by THEFUTURE.TEAM

September 17, 2026

The Bank of England kept its benchmark interest rate at 3.75% on Thursday, but the decision was not unanimous. In a 6-3 vote, the Monetary Policy Committee kept rates unchanged, while three members backed a 25-basis-point increase to 4%. Renewed energy price pressures have added to concerns that inflation could remain elevated.

Inflation Pressures Remain

Policymakers said inflation “is likely to rise further over coming quarters,” citing higher and more volatile crude oil and refined energy prices since the conflict began.

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So far, there has been “little evidence” of significant second-round effects, such as broader wage and price increases. Inflation risks, however, are now “tilted to the upside” and have increased since the July Monetary Policy Report.

Energy Prices Add To Inflation Risks

Brent crude has risen 36% since July, reaching $106 a barrel on Sept. 14, while UK wholesale gas prices increased 78% to 207 pence per therm.

Higher energy costs can feed into transport, production and household expenses, raising costs across supply chains. Refinery pressures have also pushed crack spreads, the difference between refined fuel and crude prices, well above pre-conflict levels.

Economy Shows Resilience

Despite the inflation risks, UK economic activity has held up slightly better than the Bank expected. A softer labor market and higher borrowing costs are expected to help reduce inflation over time.

Previous monetary tightening is still working through the economy, according to policymakers. So far, the latest energy shock has not produced clear evidence of a broader wage-price spiral.

Major Central Banks Take Different Paths

The decision comes during a busy period for global monetary policy. The Federal Reserve raised rates Wednesday to 3.75%-4% in its first increase since 2023, while the European Central Bank recently lifted its deposit rate to 2.5%.

The Bank of Japan is due to announce its decision Friday, with markets expecting a rate increase. Thursday’s split vote shows that pressure for tighter policy remains within the Bank of England’s Monetary Policy Committee.