I have a board with version M8 V8_9 20151031 that was rebooting after the logo. Booting to recovery wasn't fully working (after a start with the reset pin pressed it would show a yellow 'rebooting' text left below of the screen and then indeed reboot) Upgrading with the entertainmentbox firmware didn't solve the issue (only changed the logo).
I used the firmware of the first link and put in on a SD card with the program Burn Card Maker program. Then booted with the pin pressed and it started upgrading successfully.
The box now works with WiFi.
Though I'm not sure what to do next with the box. Maybe upgrade to a higher Android version (any suggestions for a firmware?)
my board:
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