Etymology
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hive (n.)

Old English hyf "beehive," from Proto-Germanic *hufiz (source also of Old Norse hufr "hull of a ship"), from PIE *keup- "round container, bowl" (source also of Sanskrit kupah "hollow, pit, cave," Greek kypellon "cup," Latin cupa "tub, cask, vat;" see cup (n.)). Figurative sense of "swarming, busy place" is from 1630s.

hive (v.)

of bees, etc., "to form (themselves) into a hive," c. 1400, from hive (n.). Transitive sense, "to put (bees) in a hive," is from mid-15c. Related: Hived; hiving.

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Definitions of hive
1
hive (v.)
store, like bees;
He hived lots of information
bees hive honey and pollen
hive (v.)
move together in a hive or as if in a hive;
hive (v.)
gather into a hive;
The beekeeper hived the swarm
2
hive (n.)
a teeming multitude;
hive (n.)
a man-made receptacle that houses a swarm of bees;
Synonyms: beehive
hive (n.)
a structure that provides a natural habitation for bees; as in a hollow tree;
Synonyms: beehive
From wordnet.princeton.edu