Is it safe to use WalletConnect?

Hello there, I'm curious about the safety of using WalletConnect for managing my cryptocurrency. With so many hacking attempts and scams in the crypto space, I'm wondering if this service is truly secure. Can you elaborate on the measures WalletConnect has in place to protect users' funds and personal information? Additionally, are there any best practices or precautions I should take when using this wallet service to ensure my assets remain safe?