Update: The GNAA says that the hack was part of an anti-blogging campaign.
> This was just another part of our "anti-blogging" campaign. GNAA's stance on blogging in general has always been a negative one: in short, blogging is lowering journalistic standards to the point where the number of friends a murderer has on Facebook has become news.
At the bottom of the spam post it says if you delete the post it will delete your Tumblr account. Since this spreads by people viewing it, it's probably important to point out that deleting the posts will not delete your tumblr account, and you should do it immediately so people viewing your blog don't get infected themselves.