diff --git a/CHANGES.md b/CHANGES.md
new file mode 100644
index 0000000..964b8c1
--- /dev/null
+++ b/CHANGES.md
@@ -0,0 +1,6 @@
+# 2.0.0
+
+Breaking change: Serialization of memcache values (in the remote cache)
+changed to newer version of nippy. This means memcached would need to be
+cleared, or `:throw?` would need to be set to `false` temporarily for the cache
+to reset itself to newly serialized values.
diff --git a/README.md b/README.md
index 51eca01..470e5bf 100644
--- a/README.md
+++ b/README.md
@@ -5,6 +5,8 @@
 
 2 level caching (In memory + memcache) for Clojure.
 
+Nippy is used internally to serialize values in memcache. full.cache 1.0.1 is
+using nippy `2.10.0`, full.cache `1.1.0` is using nippy `2.13.0`.
 
 ## Configuration
 
diff --git a/project.clj b/project.clj
index 1236b1e..33452f1 100644
--- a/project.clj
+++ b/project.clj
@@ -1,4 +1,4 @@
-(defproject fullcontact/full.cache "1.0.2-SNAPSHOT"
+(defproject fullcontact/full.cache "1.1.0-SNAPSHOT"
   :description "In-memory + memcache caching for Clojure with async loading."
   :url "https://github.com/fullcontact/full.cache"
   :license {:name "Eclipse Public License - v 1.0"
@@ -8,7 +8,7 @@
   :dependencies [[org.clojure/clojure "1.8.0"]
                  [net.jodah/expiringmap "0.4.1"]
                  [net.spy/spymemcached "2.12.2"]
-                 [com.taoensso/nippy "2.10.0"]
+                 [com.taoensso/nippy "2.13.0"]
                  [fullcontact/full.core "0.10.1"
                   :exclusions [org.clojure/clojurescript]]
                  [fullcontact/full.async "0.9.0"]]
diff --git a/src/full/cache.clj b/src/full/cache.clj
index 28c782e..7ca1a77 100644
--- a/src/full/cache.clj
+++ b/src/full/cache.clj
@@ -97,18 +97,22 @@
 (defn rget
   [k & {:keys [throw?]}]
   (when @client
-    (let [v (try
+    (let [raw-v (try
               (.get @client k)
               (catch Exception e
                 (if throw?
                   (throw e)
-                  (log/warn k "not retrieved from cache due to" e))))]
+                  (log/warn k "not retrieved from cache due to" e))))
+          v (try
+              (and raw-v (nippy/thaw raw-v))
+              (catch Exception e
+                (if throw?
+                  (throw e)
+                  (log/warn "Failed to deserialize bytes for key" k))))]
       (if v
         (log/debug "Cache hit:" k)
         (log/debug "Cache miss:" k))
-      (if v
-        (nippy/thaw v)
-        v))))
+      v)))
 
 (defn rset
   ([k v] (rset k v 0))
diff --git a/test/full/t_cache.clj b/test/full/t_cache.clj
index c605c89..f0d7aff 100644
--- a/test/full/t_cache.clj
+++ b/test/full/t_cache.clj
@@ -155,4 +155,4 @@
       (<!! (cache/lget-or-load> "k4" loader 1))
       => (every-checker
            nil
-           (fn [_] (= 1 @load-cnt))))))
\ No newline at end of file
+           (fn [_] (= 1 @load-cnt))))))