Yesterday (11-February-2016) at 08:47 UTC an earthquake swarm started on the Reykjanes peninsula. This has so far been a small earthquake swarm and largest earthquake so far had the magnitude of 2,7 other earthquakes have been smaller in magnitude.
This is classic earthquake swarm pattern on the Reykjanes peninsula at the moment. It does appear that this earthquake swarm is over, but it might start again without warning. This earthquake swarm is not connected to a volcano activity in the area, but it is forming a rift valley in the area.
Article updated at 00:53 UTC.