Sony Computer Entertainment America (SCEA) and George Hotz (Geohot) today announced the settlement of the lawsuit filed by SCEA against Hotz in federal court in San Francisco, California. The parties reached an

PlayStation 3 Running on V 3.60 has been jailbroken in less than a week after Sony released security update to patch all exploits. PS3 hacker Winocm has posted a video that show jailbroken PS3 in action. However, this jailbreak will never be released, as cited by hacker.

Sony became crazy. It looks like Sony will never stop fighting against PS3 jailbreakers especially George Hotz. As reported by Wired, a federal magistrate is granting Sony the right to obtain the IP addresses of anyone who visited the web presences of hardware hacker George Hotz between January 2009 and the present day.

Sony is still fighting against PS3 hackers and it looks like it won't stop that. They've already sued Geohot & fail0verflow team for jailbreaking PlayStation 3. Now they have the German police on their side. PS3 hacker graf_chokolo's house was raided by the German police.

What a shocker! Some anonymous PS3 hacker is claiming to have decrypted nearly 100% of the traffic transferred over proxies, http and https to and from the PSN. The decrypted data includes sensitive information like credit card data, PSN credentials, Personal information, et cetera. Here is the full research:

You should pay attention to this warning if you own PS3 (PlayStation 3), few weeks ago we reported you about the exploits which has been discovered by Geohot on PS3 (PlayStation 3). Sony has responded to Geohot by prosecution and now Sony intend to punish its users who have jailbroke their PS3s.

This is a major breakthrough in the current PlayStation 3 jailbreak scene as according to Logic Sunrise, the PlayStation 3 official firmware 3.50 has been successfully jailbroken by Team X3 using X3 MAX PS3 jailbreak dongle. Previously, the only solution to enjoy homebrew applications for users on PS3 firmware 3.50 was to downgrade using PS3 Downgrader and get back to 3.41 firmware to jailbreak their PS3.

Yesterday we reported you about jailbreak PlayStation 3 (PS3) using TI-84 Plus calculator, but the big news today is for iPhone 3G/2G and iPod Touch 1G devices, PSFreedom the tool for jailbreaking PS3 has been ported on their devices.

We already showed you on an earlier post how to jailbreak PS3 with Android Phone using PSFreedom, and another one to jailbreak PS3 using PS Jailbreak but it is strange to see a procedure to jailbreak PlayStation 3 (PS3) using a TI-84 Plus calculator.

Guys over XDA-Developers have managed to Jailbreak / Hack PlayStation 3with Android Phones including Nexus One and HTC Desire, also Nokia N900 / N800 and Palm Pre on the list. With this hack you’ll be able to create backups of your PS3 games. You’ll have to use Google to find other uses.

We already reported you about PS Jailbreak ModChip that enables you to hack / mod Play Station 3 by creating backup of the original games on the internal or external drive connected to the PS3. PS Jailbreak was priced "$169" but this new "x3Jaibreak" is a clone of PS Jailbreak and it costs less "$20-$30" than the original one.

Few days ago, we have reported you that PS3 is finally hacked successfully using Mod Chip, also we have announced where you can buy the Jailbreak package, today I will show you the full guide of how to jailbreak or modify you PlayStation 3 (PlayStation 3 Mod Chip guide) to create a backups of the original discs .