It looks like there is a post on Reddit by a user named w0rldello that claims to have modified the binary of the Pangu jailbreak to support iOS 8 betas. He claims that Apple has patched the exploits in version 1.0.x of Pangu but not in the version 1.2.x.
As proof he has posted a image of the iOS control center with the Pangu icon on the springboard.

Now remember this image is easy to fake. And all we can hope is that there will be a jailbreak for iOS 8.
What do you all think? Let us know in the comments below.