Yes you read it right, here's a new team called Gevey team has announced a new unlock hardware tool which able to unlock iPHone 4 running iOS 4.1 and 4.2.1 basebands 2.10.04 and 3.10.0...

After we told you about the new untethered jaiblreak for iOS 4.2.1 which may be the Rubyra1n, here's another surprise, GeoHot may release an unlock for iPhone 4 basebands 2.10.04 and 3.10.01 with a new unlock tool called Rubysn0w. ...