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Don’t update your PS3 if you plan to keep your homebrew on your PS3 because the new update prevent homebrew on our consoles! But how?! Apparently, this update contains another special file to check the signatures on PS3 games and since they’re only pseudo-signed, Sony can easily detect the difference. What features does this update add? None. Just “security patches.”
This may be sad news, but we’re sure that the encryption method just needs to be tweaked a tiny bit and the hacks will be re-released with the new encryption very soon. ;)

Source: Here

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