Tidux, an industry insider, has spotted as well as leaked the PS4 firmware update 1.74, soon after the news of Xbox One August system update, which is said to be introducing the 3D Blu-Ray support.

Nevertheless, PlayStation has made it official through a Twitter post, which read, "Gamepur notes Tidux's leaks for the features coming with the latest firmware update include those that are already available for the PS3 alongside more new features."

In fact, Tidux provided two tip-offs regarding the PS4 firmware update. First, the upcoming PS3 feature would actually be a media playback, and, second, the firmware may be released sometime around the Gamescom schedule.

In another post published later, DialShockers declared that the PS4 firmware update 1.74 has been made accessible in all regions by the Japanese multinational conglomerate. It reported that the PS4 firmware update 1.74 is at 194 MB and comprises quite a few stability features. It is likely that what Tidux has actually teased is that the 1.8 update which would incorporate all the latest features.

Another report in PlayStation Lifestyle says that speculation about the PS4 firmware update would be released "very soon" and has proved to be extremely accurate, as the version 1.74 went live on Monday night. Nevertheless, this is simply another stability update that can be read in a solitary note - "System software stability during use of some features have been improved."

The report said that while Sony has not officially announced that this update is compulsory, the company noted, "Depending on the software title, you may not be able to play without first updating the PS4 system software."

Those who download the PS4 update to their USB drive will require a minimum of 320 MB free space - the precise size of the update is 184 MB. Users may also find the download link by visiting the U.S. and the U.K. PlayStation sites.