Hacker exploits PS3 firmware 2.20, Hello World!

A well-known PSP hacker by the name of Dragula96 set out to find an exploit in the current PlayStation 3 firmware, and managed to do so in a single days work - here’s video of his proof-of-concept “Hello World” application. While he isn’t convinced that his exploit will result in ISO loading capabilities, there’s a good chance it will open the doors for homebrew applications.

PS3 Evolution via Engadget

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