React Native 60 and above margin issue in iOS - Ignoring bogus layer size

I have used margin style in older react native projects, no issues with that. Now I am creating new RN project - 0.60.5 version.

return(
        <ImageBackground
        style={{ flex: 1, alignItems: "center", justifyContent: "center" }}
        source={require('../images/bgImage.png')}
      >
         <View style={{backgroundColor:"white",height:"8%",
         borderRadius:5,width:"70%",marginTop:10}}>

         </View>

      </ImageBackground>
    )

In above code, after adding marginTop in View component iOS app hang and displayed the log as

Ignoring bogus layer size (179769313), contentsScale 1.000000, backing store size

If I remove the marginTop style , then the UI will be rendered.

Have anyone has idea about it in React Native iOS? How to solve this?