Yeah, I'd say they're cup and cone hubs. Giant make excellent frames, but the wheelsets they put on them are questionable at times. Still, with a replacement wheelset, you could have a really nice bike and keep the original wheelset in reserve or sell it. The Fastroad AR is basically a flatbar revolt and they've just released the new Revolt with front suspension, so I was having a chuckle thinking about the reaction of some of the more vocal of the gravel sceptics online if you put a 40 mm travel gravel fork on a Fastroad AR. Some of the outbursts and tantrums over that one could be seen from space.