April Fool's day joke? Could be, but we're hearing it might be real: the long standing bastions of iPhone hacking, the iPhone Dev Team, posted a note to their site stating that "[today] the DevTeam was approached by an unnamed party to sell all of the intellectual property and related applications. After much consideration [What, hours? -Ed.] the offer was accepted and the [Dev Team] has ceased." Seems a bit outlandish. For those not in the know, the Dev Team is the same group that posted jailbreaks to 2.0 (before it was out), 1.1.3, 1.1.1, developed the AnySIM unlock, and are thiiiis close to releasing the Pwnage tool (which promised total unsigned firmware control of the iPhone). So yeah, it may well be a prank, we wouldn't put it past them. Funny thing about the hacker community though, one goes down and 10 more spring up.

[Thanks Andrew, Erica]

Update: Yep, it's an April Fool's joke. We're just going to go offline until April 2nd, peace.