diff --git a/src/init.cpp b/src/init.cpp
index 7c108ac4a..5820d8f57 100644
--- a/src/init.cpp
+++ b/src/init.cpp
@@ -801,6 +801,19 @@ ServiceFlags nLocalServices = NODE_NETWORK;
 
 }
 
+[[noreturn]] static void new_handler_terminate()
+{
+    // Rather than throwing std::bad-alloc if allocation fails, terminate
+    // immediately to (try to) avoid chain corruption.
+    // Since LogPrintf may itself allocate memory, set the handler directly
+    // to terminate first.
+    std::set_new_handler(std::terminate);
+    LogPrintf("Error: Out of memory. Terminating.\n");
+
+    // The log was successful, terminate now.
+    std::terminate();
+};
+
 bool AppInitBasicSetup()
 {
     // ********************************************************* Step 1: setup
@@ -853,6 +866,9 @@ bool AppInitBasicSetup()
     // Ignore SIGPIPE, otherwise it will bring the daemon down if the client closes unexpectedly
     signal(SIGPIPE, SIG_IGN);
 #endif
+
+    std::set_new_handler(new_handler_terminate);
+
     return true;
 }