After German hacker group fail0verflow showed they’d hacked the PS3 to run pirated apps and games, another hacker has published the PS3’s root key online, which allows precisely that. [Geohot via Kotaku and PSX-Scene—Thanks, Affan!]
https://kotaku.com/the-ps3-may-have-just-had-its-front-door-kicked-in-452571548