In this contribution we discuss the dynamic development of hydraulic fractures, their evolution and the resulting seismicity during fluid injection in a coupled numerical model. The model describes coupling between a solid that can fracture dynamically and a compressible fluid that can push back at the rock and open fractures. With a series of numerical simulations we show how the fracture pattern and seismicity change depending on changes in depth, injection rate, Young’s Modulus and breaking strength. Our simulations indicate that the Young’s Modulus has the largest influence on the fracture dynamics and the related seismicity. Simulations of rocks with a Young’s modulus smaller than 10 GPa show dominant mode I failure and a growth of fracture aperture with a decrease in Young’s modulus. Simulations of rocks with a Young’s modulus higher than 10 GPa show fractures with a constant aperture and fracture growth that is mainly governed by a growth in crack length and an increasing amount of mode II failure. These results are very important for the prediction of fracture dynamics and seismicity during fluid injection, especially since we see a transition from one failure regime to another at around 10 GPa, a Young’s modulus that lies in the middle of possible values for natural shale rocks.