This exact same thing happened to me (On my mac). My toribash has been crashing in MP servers for about 1-2 months now, and it usually stops after about 3-5 times reopening it. Later, my shaders stopped working. Except, I think I have pretty much stopped playing toribash anyway, so I don't know if the other problem has gone away yet.
Have you tried upgrading the graphics card?
I wanna see what people come up for you, maybe it'll work for me.