ChainPatrol Partners with WalletCon Buenos Aires to Combat Rising Crypto Phishing Threats

**Rootstock Collective** joins WalletCon as an official sponsor for the March 31 event in Cannes. The organization operates as a **Bitcoin DAO** (Decentralized Autonomous Organization) focused on recognizing and rewarding developers and users within the Rootstock ecosystem. **Key Details:** - Rootstock is Bitcoin's longest-running sidechain - Functions as Bitcoin's DeFi layer - Enables decentralized finance applications on Bitcoin infrastructure The sponsorship adds to WalletCon's growing list of blockchain infrastructure partners, including Stellar, MiniPay, Hypernative Labs, and Ledger.

A crypto community member shared their experience of being scammed at a US ATM. While specific details of the incident weren't disclosed, the warning comes amid a pattern of ATM-related fraud targeting cryptocurrency users. **Key Points:** - User @jelena_noble reported being 'ripped off' at a US ATM - The incident adds to growing concerns about ATM scams in the crypto space - Previous cases have involved fraudsters impersonating authorities to trick victims into Bitcoin ATM transfers This serves as a reminder to remain vigilant when using cryptocurrency ATMs and verify any unexpected requests for fund transfers.

**WalletConnect Pay has officially launched on Base**, bringing quick and compliant payment infrastructure to the Layer 2 network. **Key Details:** - The payment solution is now live and operational on Base - Focuses on regulatory compliance alongside speed - Survey data collected from 1,442 incentivized participants This integration expands Base's payment capabilities while maintaining compliance standards. WalletConnect Pay aims to streamline transactions for users and developers building on the network. The launch represents another step in making web3 payments more accessible and regulation-friendly.

**Base emerges as the preferred payment chain among crypto users**, according to new survey data. **Key findings:** - Base leads with 58% user preference - Ethereum follows at 52% - Polygon trails at 38% **USDC on Base achieved the highest token gate pass rate at 79%**, outperforming any other chain and token combination tested. The data suggests users prioritize Base for transactions, potentially due to lower fees and faster settlement times compared to Ethereum mainnet, while maintaining strong security guarantees.

**WalletConnect is becoming the standard infrastructure layer for crypto payments** across major platforms including CoinGate, BitPay, Shopify, and Mesh. **Key implementations:** - **CoinGate** uses WalletConnect to manage wallet connectivity and payment execution in their 'Pay with Crypto' checkout flow - **BitPay** leverages it for global stablecoin checkout, enabling one integration to access hundreds of wallets instead of individual integrations - **Shopify** powers crypto payments through partners like Stripe and BitPay, with WalletConnect handling wallet connections - **Mesh** integrates self-custody wallets into PSP flows with WalletConnect managing authentication and value transfer The **WalletConnect Pay SDK** is now live on Ethereum, Base, Optimism, Arbitrum, and Polygon, with Solana coming soon. Wallets can integrate in days and earn interchange-like revenue on transactions, while users receive cashback in $WCT tokens. A survey of 1,442 crypto users revealed **72% would pay more for convenience**, though WalletConnect Pay aims to provide both ease of use and self-custody control. [Read the full blog post](https://walletconnect.com/blog/walletconnect-the-infrastructure-behind-crypto-payments)