PanguTeam confirms it’s working on iOS 8 jailbreak

Good news for those of you missing out on today’s iOS 8 festivities in order to save your jailbreak, the PanguTeam says it’s on the case. As part of a PSA yesterday to remind users to jailbreak while still possible, the team confirmed it has already begun work on hacking the new firmware.
Now before you go getting your hopes up, note that just because an iOS 8 jailbreak is being worked on, does not mean we will see one anytime soon. This is, however, more intel than we had a few days ago, and it may be pertinent to those deciding on whether or not to update to iOS 8.
Here’s the message that was posted on Weibo:

Roughly translated, the message from the PanguTeam says “[Reminder] Just 1 day before iOS 8 official release, guess that devices except iPhone 4 can’t be restored with 7.1.2 firmware. If you want to jailbreak please grab the last moment. For iOS 8, we are already on the way…”
Apple seeded iOS 8 earlier today, and it’s by far the company’s most-open iOS release to date. Some feel its addition of third-party Touch ID, widget and extension support could be detrimental to the jailbreak community, but others see these things as hotbeds for new, innovative tweaks.
Stay tuned.
Thanks Chan!