So the register says it's a hoax because their chip contacts won't confirm it. However, those chip contacts are probably a little grouchy about the last coordinated boondoggle, so I doubt they would admit to or deny anything at this time.
I'd be more inclined to believe 'hoax' if that's what the chip contacts said. But a 'refuse to confirm'? No telling.
Right, wouldn't an embargo prevent them from disclosing the existence of any such bug to the media?