A new update is available for Minecraft: Bedrock Edition to fix some issues since the release of 1.19.20. We are rolling the update out as quickly as possible, but some platforms will receive the update before others. See the full list of changes at aka.ms/MinecraftUpdate -MG

Minecraft - 1.20.50 (Bedrock)

Posted: December 5, 2023 The latest Minecraft update brings a brand new look for bats, smashable pots, and some new experimental features like the crafter block. Let’s take a look at the highlights...

feedback.minecraft.net
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Update broke the game more than fixed it. Mostly (graphical) performance related. My guess is some code got changed on accident while updating because it worked fine before. Chunks not loading when flying, black shades under leaf blocks, and texture incompatibilities.
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The same problem i have.
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Replying to @SorAquatomo @Miscellaniart @MojangStatus
Are you also playing Bedrock? Are you on console? PC? Let us know and if there are any troubleshooting steps you've already tried! ^AM

Sep 30, 2022 · 12:20 AM UTC

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Replying to @MojangSupport @MojangStatus
If you read back I already answered your questions.