React Native images not rendering on newer version of iOS

I am running emulators to test a React Native application. One is an iPhone 6 running iOS 12.4, the other is an iPhone 11 running iOS 14. I am noticing that images are not being displayed on iOS 14, but are rendering correctly on Android and iOS 12.4. The elements containing images are rendering correctly and can be clicked/are still functional, but any images are just not displayed.

I am using React Native version 0.61.4

I need 10 reputation before I'm allowed to embed images, so sorry about them being links.

iPhone 6 (12.4)

iPhone 11 (14)

I went through with React Devtools and the inspected elements are below:

iPhone 6 Debugger

iPhone 11 Debugger

Is there any obvious reason for this? I have looked thoroughly through and just can't understand why the images are not rendering on iOS 14.