Well here a Christmas gift for everyone that wants to make there own bubbles on the PSVita FW 3.35. Yeah, you heard me, thanks to frtomtomdu80, everyone one is going to have fun this Holiday season making bubbles. Lets just hope everyone can enjoy this on FW3.35, before PlayStation decides we need a Fw update or even the worst start banning people. Just like any precaution, if you make any bubbles please put your PSVita in airplane mode. It better to be safe then sorry. Have Fun and Merry Christmas and Happy Holidays..
Here what frtomtomdu80 said to say…
“Today we decided to release our method to run psp games from LiveArea (as bubbles), so here is your christmas gift :
We managed to grab arguments passed to pspemu app when you start a game :
originalpath=ux0:pspemu/PSP/GAME/NPUG80318& selfpath=ux0:pspemu/PSP/GAME/NPUG80318/EBOOT.PBP& discid=NPUG80318&parentallevel=3&gamedataid=&appver=00.00& bootable=1&category=EG
So as you can see, arguments are splitted with ‘&’, and folder name is shown at the beggining, that means we can inject our own arguments by renaming the folder of our game 
So, the trick is to rename a psn game to MyHomebrew&
Then, create another folder named MyHomebrew
Finally, rebuild database.
When you will start the game, the EBOOT.PBP from MyHomebrew folder will be started instead of MyHomebrew& eboot.
So all you have to do is sign your homebrew using fake_np with the original psn game eboot as base eboot (tutorials are available everywhere, just google it) and put the signed eboot into the MyHomebrew folder.
Start the psn game from the LiveArea, your homebrew will now run !
this method works up to fw 3.35
Have fun and merry christmas to everyone !
~mr.gas and tomtomdu80″
Here is a video on how to create fake signed EBOOT.PBP for PS Vita!
http://youtu.be/ZQoYLkjuXhE
Source: https://twitter.com/frtomtomdu80 and Wololo.net