Today (3-September-2020) at 10:57 UTC an earthquake with magnitude of Mw3,4 took place in Reykjanes volcano. This earthquake is part of the ongoing earthquake activity that started in this area in January 2020 and has been going on since then. This earthquake activity happens in waves and there are quiet period between high activity.
There continues to be high risk for stronger earthquake activity in this area because of magma injections into the crust at 3 to 8 km depth in this area. Earthquake activity is ongoing in Reykjanes volcano.