iTunes keeps crashing - malloc_history possible for iTunes?
Whether it's possible to use malloc or not, this is definitely not a normal thing, so the problem is elsewhere. It certainly doesn't happen to millions of customers out there. The OS Reinstall will probably fix it, but before going that crazy, I'd try to do the usual Mac maintenance stuff. 

One trick that usually helps me a lot is to create a blank new user and try from there. If it works, then you can start digging "what is in my account that breaks this?"

Starting in Single-User also helps to diagnose stuff.

TL;DR: something is broken, malloc won't help you much. Start with the basic.

On the other hand, you might have a RAM problem.