Before opening this issue, I created a thread about it on a Steam forum here.
Another user reported the same bug is occurring with the Windows Steam client so this might be a cross-platform issue:
Pretty much the same is happening on my Windows Steam Client as well since today. I extracted the following assertion from the Crash Dump:
( Assertion Failed: fatal stalled cross-thread pipe ):..\common\pipes.cpp:769
Rebooting, cleaning and reinstalling did not help. So I assume that the latest client is broken for certain system configurations...
edit: User platform information: Windows 10 / Version 10.0.15063 Build 15063
As written here, i have exactly the same problem! no known solution flying around is helping.
I reproduced this error today on newly installed Debian 9 (Stretch) system running Linux kernel version 4.9.0-3-amd64. The same error...
The most recent update (version: 1500335472) seems to have patched this issue. @Franzl123, I am sure this is the case for you as well :)
Nice work, Valve.
Yes, i can confirm this for Linux and Windows 7 :)
Thank you
This issue seems to have reappeared in the latest version of Steam.

Hello @BackOrder, you've most likely encountered #6326, not the issue that was tracked in this issue report.
Hello @BackOrder, you've most likely encountered #6326, not the issue that was tracked in this issue report.
This would make sense considering that I recently upgraded my kernel roughly at the same time as Steam update came along. Would you say that it also causes kernel crash on titles played with Proton? Got this issue as well since the newest Steam updates.
Nothing extracted yet.
System Information
After the Steam client update released on July 13th, the client crashes due to an assertion error:
After rebooting and completely re-installing the Steam client three times (removing all games, config files etc), updating all of Steam's 32-bit library dependencies and GPU drivers the error still persists.
Steps to Reproduce
Additional Notes
Running steam with the -bigpicture switch will not cause the client to crash but will indefinitely hang while "Updating user configuration information".
Enabling or disabling the STEAM_RUNTIME flag or forcing the runtime to not use host libraries has no effect on the outcome.