Not exactly. The dongle firmware is a pup. file .. And the dongle updates are pkg files which are installed via "install packages" under game menu as we all know , but bin ? i don't even know how this can work ?
how CAN you update your firmware , with a bin. file ?
Doesn't make any sense... maybe someone can explain..
Usually you just copy it to the flash partition and the light on the dongle will blink to let you know it's working. Take it out when it's done and put it in your ps3. I don't have the dongle but that the way it usually works.