The issue is fixed in 2.2.3 as Claudio mentioned, however, you need to be able to access WordPress admin to be able to Upgrade WooCommerce Plugin.
So instead of using PhpMyAdmin and adding hash of a password (long way)
follow this short way.
1. Go to your WooCOmmerce install and generate a Reset Password Link
The link would be something like this
https://www.YOUDOMAIN.com/my-account/lost-password/?key=KEYFROMWOOCOMMERCE&login=YOURUSERNAME
2. Just copy and paste above KEY highlighted in Bold, in clipboard Or Notepad.
3. Now, we need to use WordPress default to change the password. So we will use the default reset link sent by any WP install.
Which appears like this.
https://www.YOUDOMAIN.com/wp-login.php?action=rp&key=REPLACEKEYHERE&login=YOURUSERNAME
4. Here just Replace the KEY that you got in reset link from your WooCommerce site and replace in this link and follow Standard WordPress reset UI.
You can now follow this reset link as normal WordPress reset link.