More on investigation, found from other user.
M1 Version
Crashed Thread: 0 Dispatch queue: com.apple.main-thread
Exception Type: EXC_BAD_ACCESS (SIGSEGV)
Exception Codes: KERN_INVALID_ADDRESS at 0x000049a9806b1edc
Exception Note: EXC_CORPSE_NOTIFY
Termination Signal: Segmentation fault: 11
Termination Reason: Namespace SIGNAL, Code 0xb
Terminating Process: exc handler [887]
VM Regions Near 0x49a9806b1edc:
GPU Carveout (reserved) 1000000000-7000000000 [384.0G] ---/--- SM=NUL reserved VM address space (unallocated)
-->
MALLOC_NANO 600000000000-600008000000 [128.0M] rw-/rwx SM=PRV
Intel Version (Mine)
Crashed Thread: 0 Dispatch queue: com.apple.main-thread
Exception Type: EXC_BAD_ACCESS (SIGSEGV)
Exception Codes: KERN_INVALID_ADDRESS at 0x00002587beec07d0
Exception Note: EXC_CORPSE_NOTIFY
Termination Signal: Segmentation fault: 11
Termination Reason: Namespace SIGNAL, Code 0xb
Terminating Process: exc handler [1007]
VM Regions Near 0x2587beec07d0:
SQLite page cache 13b0b1000-13b0c1000 [ 64K] rw-/rwx SM=PRV
-->
MALLOC_NANO 600000000000-600008000000 [128.0M] rw-/rwx SM=SHM
Exact same Exception Codes points to memory access error. Same command MALLOC_NANO and same memory address 600000000000-600008000000 [128.0M]. This error happens on only 16GB machine (As far I have seen).
If you have this same issue please share a crash log to help narrowing down.