According to the hacker Yifan Lu has stated to have hacked the Vita , he started a new project called Usermode Vita Loader (UMV), and yes guys this is a PS Vita Loader not the PSP homebrew. The project is based on a exploit he found which are in early stages, he has a few lines of code written and needs a few developers to help him out more. This can be bad news for Sony if they don’t take immediate action and could be a killing blow for PS Vita.