Updated using yarn upgrade command but getting warnings to update more

Solution 1:

This is caused because the latest version of @walletconnect/web3-provider package depends on packages of deprecated version. So even though you upgrade the packages listed in package.json, the package's dependencies are not upgraded, causing the warning. However, upgrading all of them is not recommended because dependency version mismatch can cause issues with the dependent package. The best way is to create PR at the dependency repo to upgrade deps.