A group of hackers claim to have decoded PS3's private cryptography key
The 27th Chaos Communication Conference brings good news for homebrewers and pirates alike, because one of the hacker groups participating in the event may just have found a chink in the PS3 armour. The group showcased a presentation titled 'PS3 Epic fail' at the conference to demonstrate their exploit. The group claims to have cracked PS3's "private cryptography key". This, when converted from hacker speak, means that homebrew developers and pirates now have the means to install their own code and bypass the security checks to run unlicensed software on the console.
This is excellent news considering the homebrew awesomeness that ensued on the PSP and PS2 soon after the hardware encryption was compromised. This bodes well for Linux junkies, especially since Sony discontinued PS3's Linux compatibility not long ago.