qemu-system-i386 quit unexpectedly when starting A

I installed Android Studio on my Mac (Macbook Pro, August 2017, OSX 10.12.4), then started up, created a hello world project and created an AVD (Android Virtual Device, Nexus 5) to run my project on it.

The error shows when I try to run my project on the simulator (pressing the play button) or when I try to start up the emulator itself.

Here's a screenshot of the error:

Here's the beginning of the stack trace:

Process:               qemu-system-i386 [5779]
Path:                  /Users/USER/Library/Android/*/qemu-system-i386
Identifier:            qemu-system-i386
Version:               0
Code Type:             X86-64 (Native)
Parent Process:        studio [4683]
Responsible:           qemu-system-i386 [5779]
User ID:               502

Date/Time:             2017-08-22 13:20:02.612 +0100
OS Version:            Mac OS X 10.12.4 (16E195)
Report Version:        12
Anonymous UUID:        A816A6BA-C97F-6831-E59F-1431A005F23C

Sleep/Wake UUID:       48F2FC89-DF11-4A13-ACEB-E81AF10174B0

Time Awake Since Boot: 15000 seconds
Time Since Wake:       7900 seconds

System Integrity Protection: enabled

Crashed Thread:        4

Exception Type:        EXC_CRASH (SIGILL)
Exception Codes:       0x0000000000000000, 0x0000000000000000
Exception Note:        EXC_CORPSE_NOTIFY

Termination Signal:    Illegal instruction: 4
Termination Reason:    Namespace SIGNAL, Code 0x4
Terminating Process:   qemu-system-i386 [5779]

And here is the full stack trace: https://pastebin.com/raw/Btt2igX4

Disabling / Uninstalling CylancePROTECT solved this issue for me.

sudo launchctl remove com.cylance.agent_service

The same software was also preventing me from compiling go programs.

Some memory protection is at the source of the problem. Here is the relevant article for some fine tuning of CylancePROTECT that could resolve the issue with uninstalling completely the software: runtime: bsdthread_register fatal error (CylancePROTECT)