To add: It only appears to be missing it's texture when it's used on the character. When the item is placed in a storage container, or placed on the ground it's texture remains intact.

This appears to be similar to my ticket as well. I noticed files keep missing as well when I look at the crashdump logs. I can play 0.63, but when I try to revert to 0.62, it still won't start the game pass the logo. However, mine crashes without an exception window. I wonder if it has to do with Windows...

Still encountering 0.62 crash related issues, anyone find a fix?

Just would like to mention this is happening to me still in 0.62 stable...