diff --git a/app/frontend/actions.js b/app/frontend/actions.js
index c370f51549..bb23848157 100644
--- a/app/frontend/actions.js
+++ b/app/frontend/actions.js
@@ -135,6 +135,12 @@ module.exports = ({setState, getState}) => {
       setState({
         walletLoadingError: {
           code: 'WalletInitializationError',
+          params: {
+            message:
+              e.name === 'NetworkError'
+                ? 'failed to fetch data from blockchain explorer'
+                : undefined,
+          },
         },
         loading: false,
       })
diff --git a/app/frontend/translations.js b/app/frontend/translations.js
index 7438a7344c..594d40eeb7 100644
--- a/app/frontend/translations.js
+++ b/app/frontend/translations.js
@@ -13,7 +13,8 @@ const translations = {
   SendAmountIsTooBig: () =>
     `Invalid format: Amount cannot exceed ${printAda(Number.MAX_SAFE_INTEGER)}`,
   InvalidMnemonic: () => 'Invalid mnemonic, check your mnemonic for typos and try again.',
-  WalletInitializationError: () => 'Error during wallet initialization',
+  WalletInitializationError: ({message}) =>
+    `Error during wallet initialization${message ? `:  ${message}` : ''}`,
   TransactionRejectedByNetwork: () => 'Submitting the transaction into Cardano network failed.',
   TransactionRejected: () => 'Transaction rejected while signing.',
   TrezorRejected: () => 'Operation rejected by the Trezor hardware wallet.',