I am curious where and when you picked up this rock. The where and when may help identify the type of rock and the process which may be responsible. Obviously a picture is not the best substitute for a rock in hand with a 10 power hand lens. That being said, my initial guesses for type of rock would be shale, basalt or amphibolite. The fact the rock split so nicely makes me inclined to think it is a sedimentary rock like shale which would have planar partings. It is possible for fracture surfaces in other rocks to imitate shale partings at least on a small scale.
My guess is the orange material is actually a hydrated iron oxide like limonite and goethite. A limonite/goethite crust would be relatively soft and could probably be rubbed or scraped off. These minerals would be deposited in the fracture or parting when water and iron minerals, or iron sulfide minerals, are present. Basically, when water is under pressure in the pore space of a rock it can hold more minerals and solution. When such water enters a fracture, the pressure drop means water can longer hold as much minerals in solution, and minerals are deposited in the fracture or parting.
As I’m sure you are aware, when water freezes it takes up more space. As such “Frost – jacking“ is a major component in mechanical weathering of rocks. Pre-existing features like parting planes in sedimentary rocks or fractures are ideal locations for water accumulation. When this water freezes, it jacks the rock apart. Take a close look at your rock and see if the “crystal shadows” are actually just absence of the orange material. If so, I have to wonder if what you’re looking at is actually more recent ice crystal formation pushing or washing off some of the limonite in the fracture or parting as the rock was finally “jacked“ apart by the ice crystals.
Again, without the rock actually in hand, I am guessing.