Webpack 5 Issue

[UtkarshChandel]

Error:
The module seem to be a WebAssembly module, but module is not flagged as WebAssembly module for webpack.
BREAKING CHANGE: Since webpack 5 WebAssembly is not enabled by default and flagged as experimental feature.
You need to enable one of the WebAssembly experiments via 'experiments.asyncWebAssembly: true' (based on async modules) or 'experiments.syncWebAssembly: true' (like webpack 4, deprecated).
For files that transpile to WebAssembly, make sure to set the module type in the 'module.rules' section of the config (e. g. 'type: "webassembly/async"').
(Source code omitted for this binary file)

Running on Win10 x64
Framework : Next.js 11 (Webpack 5)