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"). 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.