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Institutional crypto broker FPG halts withdrawals after $20M cyberattack

Cryptocurrency brokerage firm Floating Point Group (FPG) has confirmed it has halted trading, withdrawals and deposits on its platform after falling victim to a cyberattack on June 11. FPG estimates the attack resulted in a total loss of between $15 million and $20 million.According to a June 15 tweet from

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Huobi Japan Raises $4.6M From FPG to Expand Crypto Trading Business

Licensed crypto exchange Huobi Japan has raised 5 million yen ($4.6 million) from Financial Products Group (FPG), a financial instruments business operator.The development was revealed in a press release shared with CryptoX on Oct. 25.Future cooperation on digitized securitiesHuobi Japan is a wholly-owned subsidiary of major Singapore-based crypto exchange

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