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Follow instructions The update warned that you would need to delete the app and upload it again. I deleted it and uploaded it and went right to my account. The delete and upload is a minor inconvenience but the transition to the new app was seamless.
It's been fixed As stated in release notes, just delete app and reinstall. Worked for me, now launches no problem. App does everything one needs, balances, transfers, etc. so no need for all these 1-star ratings.