Sherif Hashim (@sherif_hashim), the famous iPhone baseband hacker, found another exploit which could lead to iOS 4.1 05.14.02 / 2.10.04 baseband unlock. The first iOS 4.1 baseband exploit was found by Clayton who managed to crash 05.14.02 baseband on his iPhone 3GS.
1st update via @sherif_hashim:
2nd update via @sherif_hashim:
For those who don't know, upgrading to iOS 4.1 on your iPhone 3GS & 3G will upgrade its baseband to 05.14.02 and upgrading to iOS 4.1 on iPhone 4 will upgrade its baseband to 2.10.04. The first exploit found by Clayton was only vulnerable to iPhone 3GS & 3G while this new exploit found by Sherif Hashim can unlock iPhone 4 2.10.04 baseband as well.
Update#1: @Veeence, the admin at iPhone Wiki, confirmed that the new exploit found by @sherif_hashim will unlock both iOS 4.1 (05.14.02, 2.10.04) and iOS 4.2 (05.15.01, 03.09.00) basebands and it'll be out after iOS 4.2 final which is scheduled to be released late this month.
Update#2: Unlock for iPhone 4 02.10.04, 03.10.01 & 04.10.01 Baseband is Almost Ready!
Update#3: Unlock for iPhone 4 02.10.04, 03.10.01 Baseband Delayed :(
Update#4: iPhone 4 02.10.04, 03.10.01 Baseband Unlock is SIM Dependent
Update#5: iPhone 4 Unlock is Possible Through NCK Brute Force Method