Been playing version 0.5.0b and I've sighted some waterfall glitches in my game. The water effects are still working however the water texture is not extending all the way to the water below. It's stopping around the halfway mark and is happening on all the waterfalls on the right hand side (when entering the ruins)
I'm running Slime Rancher on my 2015 MacBook Air and the following visual settings were in effect:
Here are some images showing the glitched water textured:It is also occurring on the quantum pipes
Apologies for the dark screenshot