In a significant development for the crypto industry, MicroStrategy, led by Michael Saylor, has announced the launch of Orange Protocol, a decentralized Bitcoin-based identity platform. This platform aims to leverage the robustness of Bitcoin's blockchain technology to provide secure and decentralized identity solutions.

In other news, the Aave V4 proposal is currently undergoing a temperature check phase. This phase is crucial in gauging the community's sentiment towards the proposal. The outcome of this phase will determine the next steps for Aave V4, a decentralized finance protocol that aims to bring more transparency and security to the crypto lending market.

These developments underscore the continuous innovation in the crypto space, particularly in areas like public chains, algorithmic stablecoins, NFTs, and GameFi. Stay tuned for more updates.