As you may or may not know, "Street Fighter X Tekken" (pronounced "Street Fighter cross Tekken" for those who still think it's literally an "x") experienced a game-crashing bug following Capcom's last update.
Capcom explains in a blog post that the crash strikes in version 1.04 of the console edition, when knif-like projectiles (Ibuki, Cody, Rolento, etc.) collide with fireballs (Ryu, Chun Li, etc.).
Here's what Capcom's Tomoaki Ayano had to say about the situation:
"As many of you are aware, a game breaking glitch has appeared in Street Fight X Tekken after the release of the 1.04 update. The development team is currently examining the problem and planning to patch the game as quickly as possible. The patch to fix the glitch should be released by mid-June. We truly apologize for this problem, and hope everyone will be patient until the patch is released."