Issue with new update on instagram?

Is anyone else having a issue with instagram after they updated the new update today which features video? I have a jailbroken iphone 5 ios 6.1. After updating instagram today the app has disappeared from my phone and when I go to the app store it shows the box to open the app as though its still installed on my phone but when I click on the box nothing happens.

I'm having a similar problem. My app keeps crashing and I can't see videos. Try uninstalling and reinstalling.

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