Yes it does; it's a perfect example of how "activist" (and by extension "hactivist") is being used in modern propaganda. Jacob Appelbaum very recently gave a rather... intense talk[1] that is about[2] this type of propaganda. As he explains:
Let us address this concept of "activism", and it works like this.
"Activism" is used as a pejorative term in order to suggest that
participation in a democratic society is somehow outside of
normal behavior.
> There is no mentionStenographers publishing propaganda are not in the business of revealing facts.
[1] https://www.youtube.com/watch?v=KJValv4YQcY#t=78 (note: Jacob doesn't pull his punches, so this contains some strong language)
[2] It also has some disturbing new information about how The Guardian treated him, Poitras, Greenwald, and others.