In german speaking forums rumors circulate saying the new crypto system for some european Pay TV providers (D+ / TVCabo, Premiere) Nagra 3 has been commercially hacked.

An emulator smart card called “Centaurus” is said to be available on the european grey markets within the next two weeks. This has not been confirmed, as said: this is rumors only.

More details about the Nagra encryption and Kudelski the company behind.

Update November 14th, 2008: The whole Centaurus shabang is fake.