The Apple iPhone 4 can now be jailbroken with the help of the Pwnage tool which has been released today. This new Pwnage custom bundle has been developed by the user named Nadeem and he claims that this is the first of its kind bundle on Pwnage that can jailbreak iOS 4.2.1. As far as the working of the tool is concerned, early reports indicate that the tool is free from bugs and the tool is establishing what it needs to. If that is the case, then this new bundle will be welcomed by iOS 4.2.1 users.
The Pwnage is a copyrighted tool of the iPhone Dev team and with this new release, the Dev team has seen its fifth major release of the jailbreak version. The previous version of the jailbreak tool on Pwnage was released in November 2010.