Remark: Although livecache is based on maxdb, please never use maxdb package to patch a maxdb. Please always use LCA build update package to patch. Afterwards maxdb version will be updated automatically.
SAP note 1529690 talks how to update LCA build, which is very straightforward, following is steps with screenshots:
2.Package download as per SAP note 1529690
3. Stop livecache via lc10, then stop sap sytem
1. Extract the package and go into the extracted directory lca100<LCA_build>_livecache-<os> -64bit-<arch>-<build>
./SDBUPD -d LCH -u control,<password> -update_global
3. startsap, start livecache in lc10