PSP Hacks says that Butterballer360 (great name, btw) over at PSP3d has found an exploit in the latest PSP firmware. While this comes as a shock to literally no human being alive, here's what this latest exploit is: "These folks have discovered a way around the TIFF overflow patch for the recent exploit discovered in firmware version 2.0. Similar to the initial exploit discovered in 2.0 this currently freezes the PSP when executed - allowing the possibility of arbitrary code to be ran."

So, not homebrew ready yet, this is probably the first step on the way to recracking the PSP for the nine millionth time. Stay tuned.

Confirmed Sony PSP 2.5 is Hacked! The Overflow is Working! [PSP Hacks]
PSP 2.5 TIFF Exploit Soon [PSP3d]

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