PS4 version crashing

Hi,

I recently redownloaded Minecraft for Playstation 4. The game had been running fine for several days until last week. The title screen is fine and I can open up my world. However, after loading my world, the game consistently crashes after about a minute or less and shows the error code "CE-38700-8."

While this is anecdotal, several other people appear to be having the same issue over the last several weeks:  https://www.reddit.com/r/Minecraft/comments/pzdk1c/minecraft_ps4_crash_issue_error_ce387008/

I have tried deleting and redownloading the game but it does not work. I have the latest version of the game installed and am playing the base game with no texture, world packs or any modifications installed. 

If there is a known solution to this, please let me know when you can. Otherwise, please work to fix this issue with an update. 

Thank you,

 Will