Thank you for your bug report. Please answer the following questions:
1) Which version of mIRC were you using before, that was working?
2) Are you using any scripts or addons?
3) Are you using any anti-virus/security software? If you disable it completely and then run mIRC again. does the issue still happen?
4) If you install a clean copy of mIRC into a new, empty mIRC folder in your Windows Documents folder, with no scripts or addons, using the "portable" option in the mIRC installer, and run this copy of mIRC, does it show the same issue?
5) Which IRC server are you trying to connect to that causes this issue? If you try to connect to a network like irc.quakenet.org, do you see the same issue?
6) Are you using SSL to connect to the server?
It gets to the welcome screen now before locking up.
By "welcome screen", do you mean the "Message of the day" that the server sends you after you connect to it?
You also say:
With some finegling, I've gotten mIRC 7.38 to work on my machine.
Do you mean that you were seeing the same issue with mIRC v7.38 and that you found a way of making it work? Do you remember what you did to make it work?