No, the .onion top level domain (TLD) is not about parody news, it’s a way of accessing websites that run on the Tor (the onion router) network. The Tor network is an Internet fixture that provides anonymity to users by bouncing connections across a wide network to thwart traffic analysis and surveillance. Tor is free, open source, and exists through the effort of volunteers who want to give anonymity and protection to people who need privacy.
Tor's .onion domain is now official as special-use domain name - SSL certificates now possible
