I fixed this issue. There are is a column is missing after updating to 7.10. That's why getting this error. This issue does not appear after moved to new hosting. It appears after updating to version 7.10. How did I understand that? Okay, after posting this issue, I again moved to old hosting, then facing the same error. Then I revert the older version & check storageconfiguration table of MySQL Database, and I see the "last_error" column not available on the new database. Then I added it manually, and it's working now.
Check the attachment to better understand.