Last night (27-October-2014) a minor earthquake swarm took place on the Reykjanes Ridge. Around 10 earthquakes where recorded and the largest one had the magnitude of 3,7.
The earthquake swarm on the Reykjanes Ridge. Copyright of this image belongs to Icelandic Met Office.
No further earthquake activity has been detected today besides this earthquake activity around midnight. This does not rule out future activity, since earthquake swarms are common on the Reykjanes Ridge and they often can get big and last for few days to week when they happen.