Looks like a deal has been made [or rather a phase of a larger deal yet to be].
"Prime Minister Benjamin Netanyahu just held an “emotional and warm” phone call with US President Donald Trump after Hamas agreed to the hostage-release phase of Trump’s deal for ending the war in Gaza, according to the premier’s office, which says Netanyahu invited the American leader to address the Knesset.
“The two held a very emotional and warm conversation, congratulating one another on the historic achievement of signing the agreement for the release of all the hostages,” Netanyahu’s office says in a statement.
Netanyahu “thanked President Trump for his efforts and for his global leadership, and President Trump praised the prime minister for his resolute leadership and the actions he has taken,” the readout continues. Netanyahu invited Trump to address the Knesset in Israel, and the two leaders “agreed to continue their close cooperation,” the statement adds.
In a separate statement, Netanyahu declares: “With the approval of the first phase of the plan, all our hostages will be brought home. This is a diplomatic success and a national and moral victory for the State of Israel.”
“From the beginning, I made it clear: we will not rest until all our hostages return and all our goals are achieved,” he continues.
“Through steadfast resolve, powerful military action, and the great efforts of our great friend and ally President Trump, we have reached this critical turning point…God Bless Israel. God Bless America. God Bless our great alliance,” Netanyahu says."
https://www.timesofisrael.com/liveblog_entry/netanyahu-hails-historic-hostage-release-deal-in-call-with-trump-invites-him-to-address-knesset/
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US President Donald Trump tells Reuters that a Gaza hostages-for-ceasefire deal hammered out in Egypt represented “a great day for the world.”
“The whole world has come together on this one, Israel, every country has come together. This has been a fantastic day,” Trump tells Reuters in a brief telephone interview.
“This is a great day for the world. This is a wonderful day, a wonderful day for everybody,” he says."
https://www.timesofisrael.com/liveblog_entry/trump-cheers-gaza-deal-as-a-great-day-for-the-world/
"Mediators are currently planning for an agreement to be signed on Thursday between Israel and Hamas that will see the immediate release of remaining living hostages in exchange for a Gaza ceasefire, an Arab diplomat and a second source briefed on the ongoing negotiations in Egypt told The Times of Israel on Wednesday.
Once the ceasefire is in place, Hamas will then be able to gather the bodies of the dead hostages for their subsequent return to Israel, the sources said.
There are currently 48 hostages remaining in Gaza, 20 of whom are believed to be alive..."
https://www.timesofisrael.com/mediators-seek-thursday-deal-to-free-living-hostages-begin-gaza-ceasefire-sources/
"Hamas operatives tried to raid an Israel Defense Forces position on the southern outskirts of Gaza City on Wednesday, the military said, the latest in a series of recent attempts by the group to attack army sites in the Strip.
The incident took place at an army encampment near the Netzarim Corridor area of central Gaza, south of Gaza City, where troops of the Golani Brigade’s reconnaissance unit were stationed.
Five Hamas gunmen emerged from a tunnel and approached the post, according to preliminary findings by the military..."
https://www.timesofisrael.com/hamas-attempts-raid-on-army-post-in-gaza-city-outskirts-idf-says-3-gunmen-killed/
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The Shin Bet recently foiled an attempt by Iran to smuggle large quantities of advanced weapons to terror operatives in the West Bank to be used in attacks on Israeli targets, the security agency revealed on Wednesday.
The recently seized shipment — similar to shipments busted in March 2024 and November 2024 — included 29 Claymore-type explosive devices; four drones, including two explosive-laden; 15 anti-tank rockets, along with an RPG launcher and three RPGs; 20 hand grenades; 53 handguns; seven assault rifles; nine machine guns; and 750 bullets, according to the Shin Bet
The case began several months ago, when a weapons dealer was detained by IDF troops in the Ramallah area of the West Bank. The Shin Bet said its interrogation of the dealer led the security agency to weapon smugglers, and eventually to the shipment itself..."
https://www.timesofisrael.com/shin-bet-says-it-seized-advanced-iranian-arms-destined-for-west-bank-terrorists/
"Egyptian President Abdel Fattah al-Sisi said on Wednesday that he had invited US President Donald Trump to attend a signing ceremony if a peace deal for Gaza succeeds. The invitation was widely reported in regional Arabic media, such as Al-Ain and Al-Arabiya, as a sign of optimism about the possible end to fighting in Gaza.
The Egyptian leader made the comments during a televised speech at an Egyptian Police Academy graduation ceremony. “It would be truly wonderful if, should an agreement be reached, you could attend its signing,” he said in a message directed to Trump.
Sisi believes the talks in Sharm el-Sheikh are progressing positively. His comments came amid reports that Egypt’s General Intelligence chief, the Qatari prime minister and foreign minister, and the director of Turkey’s National Intelligence Organization are all in Sinai for the talks."
https://www.jpost.com/middle-east/article-869787