Security fix: Update peer dependencies with known vulnerabilities (#1149)

## High Level Overview of Change

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reduces audit vulnerabilities number from 57 to 33.

ran audit, manually upgraded cross-spawn, shell-quote, babel/traverse
peer dependencies for security fixes:

https://nvd.nist.gov/vuln/detail/CVE-2021-42740

https://nvd.nist.gov/vuln/detail/CVE-2024-21538

https://nvd.nist.gov/vuln/detail/CVE-2023-45133

### Context of Change

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### Type of Change

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- [x] Bug fix (non-breaking change which fixes an issue)
- [ ] New feature (non-breaking change which adds functionality)
- [ ] Breaking change (fix or feature that would cause existing
functionality to not work as expected)
- [x] Refactor (non-breaking change that only restructures code)
- [ ] Tests (You added tests for code that already exists, or your new
feature included in this PR)
- [ ] Documentation Updates
- [ ] Translation Updates
- [ ] Release

### TypeScript/Hooks Update

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- [ ] Updated files to React Hooks
- [ ] Updated files to TypeScript

## Before / After

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## Test Plan

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Co-authored-by: Chenna Keshava B S <21219765+ckeshava@users.noreply.github.com>

Author: achowdhry-ripple