We present 16 new ultrabright $H_{AB}lesssim25$ galaxy candidates at z~8 identified over the COSMOS/UltraVISTA field. The new search takes advantage of the deepest-available ground-based optical and near-infrared observations, including the DR3 release of UltraVISTA and full-depth Spitzer/IRAC observations from the SMUVS and SPLASH programs. Candidates are selected using Lyman-break criteria, combined with strict optical non-detection and SED-fitting criteria, minimizing contamination by low-redshift galaxies and low-mass stars. HST/WFC3 coverage from the DASH program reveals that one source evident in our ground-based near-IR data has significant substructure and may actually correspond to 3 separate z~8 objects, resulting in a sample of 18 galaxies, 10 of which seem to be fairly robust (with a >97% probability of being at z>7). The UV-continuum slope $beta$ for the bright z~8 sample is $beta=-2.2pm0.6$, bluer but still consistent with that of similarly bright galaxies at z~6 ($beta=-1.55pm0.17$) and z~7 ($beta=-1.75pm0.18$). Their typical stellar masses are 10$^{9.1^{+0.5}_{-0.4}}M_{odot}$, with the SFRs of $32^{+44}_{-32}M_{odot}$/year, specific SFR of $4^{+8}_{-4}$ Gyr$^{-1}$, stellar ages of $sim22^{+69}_{-22}$,Myr, and low dust content A$_V=0.15^{+0.30}_{-0.15}$ mag. Using this sample we constrain the bright end of the z~8 UV luminosity function (LF). When combined with recent empty field LF estimates at z~8-9, the resulting z~8 LF can be equally well represented by either a Schechter or a double power-law (DPL) form. Assuming a Schechter parameterization, the best-fit characteristic magnitude is $M^*= -20.95^{+0.30}_{-0.35}$ mag with a very steep faint end slope $alpha=-2.15^{+0.20}_{-0.19}$. These new candidates include amongst the brightest yet found at these redshifts, 0.5-1.0 mag brighter than found over CANDELS, providing excellent targets for follow-up studies.
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