Written and Edited by Lynn Gerena ( Ashe Darkthorne )
Found this bit of information off of Kotaku and was hoping to share it.
Sony has pushed out a new PS3 firmware update. System software 4.45 was supposed to add trophy notification options and improve overall system stability.
Unfortunately, it did quite the opposite. What ended up happening was the firmware was causing people systems to become completely unresponsive and is bricking their system, locking their consoles on the boot-up "ribbon" screen.
Update: Since the release Sony has pulled the update and will announce when it is fixed and safe to download. Just to be on the safe side just do not update your PS3 till then.