Bad news: there is a hell/Gehenna/Hades. It continues to this day as a POW camp for those who die in their unbelief, still captive to the devil.
Good news: hell and its occupants, along with death, will be thrown into the second death (Rev. 20:14, 1 Cor. 15:26, 55), the temporary, remedial lake of fire (as to it being temporary and remedial, see “For Further Consideration” at the end of this post)—and death will be put to death, and disappear. Those in the lake of fire will all eventually repent and surrender to Jesus because of the liberating and healing work of God’s fire of love; and one by one they will come out of it, and go through the open gates of the New Jerusalem to take the water of life freely being offered to them by the Holy Spirit and the Bride (Rev. 22:17).
Only a preterist, who does not believe in the futurity of the book of Revelation (or someone who does not believe in the reality of the devil and his ongoing, deluding influence), could suggest that there is no hell. Recently in another thread I laid out some key disagreements with preterism.